Category Archives: IRS

While I Was Out…

Posted on August 10, 2011 by Russ

…Nothing much happened, right? (I’m ignoring that AAA/AA+ thing, of course.) The IRS announced that Form 8939 for estates for 2010 will be due on November 15th. However, the form has yet to be released. Joe Kristan noted that the … Continue reading →

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I Spilled my Coffee Thanks to Joe Kristan

Posted on July 26, 2011 by Russ

This morning, Joe Kristan posted about an Iowa couple who had a unique method of preparing tax returns. I made the mistake of reading the actual court decision while drinking my morning coffee: According to [the defendants], if you believe … Continue reading →

Posted in Iowa, IRS, Tax Preparation | Comments Off on I Spilled my Coffee Thanks to Joe Kristan

Electronic Filing Now Available for FBAR

Posted on July 23, 2011 by Russ

The Financial Crimes Enforcement Network (FINCEN) announced this week that you can now file an FBAR (Form TD F 90-22.1) electronically. Electronic filing of an FBAR is different than electronic filing for a tax return. You must complete an application, … Continue reading →

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Liening the Wrong Way

Posted on July 19, 2011 by Russ

Liens are useful legal devices. They are rightly used when someone owes another party money, so that property or other collateral is attached. Of course, if there’s a right way there’s also a wrong way. Today, we’re going to look … Continue reading →

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I Hope You Enjoyed that $2.4 Million

Posted on July 18, 2011 by Russ

I’ve said this before, and I’m certain I’ll say it again: If you want to get in trouble with the IRS, the fastest way to do so is to not remit your federal employment taxes. These are called trust fund … Continue reading →

Posted in IRS, Payroll Taxes | Comments Off on I Hope You Enjoyed that $2.4 Million

IRS Philadelpia Service Center Has Moved

Posted on July 14, 2011 by Russ

In a phone call today with the Taxpayer Advocate in Philadelphia, I learned that the IRS Service Center in Philadelphia moved, with the final personnel moving into the “new” office in January. The new address is: Internal Revenue Service 2970 … Continue reading →

Posted in IRS | 2 Comments

Standard Mileage Rates Increase on July 1st

Posted on June 23, 2011 by Russ

When a manager gets a vote of confidence in baseball, he should usually start worrying that his job is in danger. After the IRS earlier this year stated that they would not increase the mileage rates, I began to believe … Continue reading →

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Myriad of Foreign Accounts Claim Two Victims

Posted on June 22, 2011 by Russ

The Department of Justice press release reads like a Who’s Who of foreign tax havens. Sean and Nadia Roberts of Tehachapi, California (near Bakersfield) run the National Test Pilot School in Mojave. They’ve also pleaded guilty to one count of … Continue reading →

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Unhappy Clients of Roni Deutch Talk to the Bee

Posted on June 21, 2011 by Russ

If you want to follow the Roni Deutch case, I strongly urge you to read the coverage in the Sacramento Bee. For example, on Sunday they spoke with several unhappy clients of Ms. Deutch. For the most part it appears … Continue reading →

Posted in California, IRS | Tagged | 3 Comments

When You Get that $110,000 Refund That’s Not Yours….

Posted on June 20, 2011 by Russ

What happens when you get a tax refund direct deposited in your bank account? Well, you spend the money (or invest it, etc.). But what if that isn’t your refund? Well, that’s a problem. Earlier this year I reported on … Continue reading →

Posted in IRS, Orange County | Tagged | 1 Comment