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ID theft investigation stops $1.4B in tax refunds

A U.S. government crackdown on suspected identity thieves filing false tax returns stopped $1.4 billion in bad refunds from being sent out in calendar 2011, the tax-collecting Internal Revenue Service said on Tuesday.

 

Ask the taxgirl: Getting Married When a Tax Liability Exists

Marriage

Taxpayer asks: Hello, I have a question please: If a person owes the IRS back taxes and wants to marry, is the other person affected when it comes to filing taxes jointly? Thank You. Taxgirl says: The short answer is no. Your personal federal income tax liability generally remains your own personal federal income tax liability even after you are married to another person.

 

Christie Brinkley Vows to Repay $500G in Taxes

Christie Brinkley vowed to repay the IRS the $500,000 she owes in back taxes.

 

Bogus IRS Email Turns More Sophisticated

Here we go again. About two weeks ago, I reported that a new version of bogus IRS email was making the rounds with a notice about EINs and Home-care Service Recipients. Now, there's another version - and this one may trap a few unsuspecting taxpayers since the wording is a bit more sophisticated ...

 

Feds Send California's Legal Pot Dispensaries Up In Smoke

Feds Send California's Legal Pot Dispensaries Up In Smoke

Medical marijuana's days may be numbered. With a true double whammy, the IRS and federal prosecutors are both using weed killer. California's federal prosecutors announced an aggressive statewide effort to shut down dozens of pot dispensaries. If that's not enough, then there's the IRS.

 

IRS: 1,470 millionaires paid no income tax in '09

IRS: 1,470 millionaires paid no income tax in '09

The IRS says 1,470 millionaires paid no federal income taxes in 2009.

 

One Billion Served: IRS Hits Milestone

The Internal Revenue Service has announced that it has now passed the one billion mark for individual tax returns processed through its electronic filing (or e-filing) program.

 

IRS Announces Dirty Dozen Tax Scams for 2011

IRS Announces Dirty Dozen Tax Scams for 2011

Don't try this at home: The IRS has announced its annual list of tax scams to avoid.

 

Federal shutdown could halt IRS tax returns, new Social Security claims

Federal shutdown could halt IRS tax returns, new Social Security claims

A federal shutdown looming Friday would stop processing of paper income tax filings to the IRS – at the height of tax season – and throw into question how cargo will be processed at the nation’s ports of entry and whether new claims for Social Security benefits will be authorized.

 

The IRS may have a 2007 refund for you

Life Inc.: The Internal Revenue Service said this week that it may have as much as $1.1 billion in refunds for people who did not file a tax return in 2007.

Senh: 2007? Who's gonna remember?

 

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