#IRS

  • Gucci Mane paid off over $800k debt !

    Gucci Mane is settling his debts. The rapper, 38, paid off a total of $823,358.50 to the IRS in back taxes, according to The Blast. The lien was filed because of his debts from 2008, 2010 and 2011. Mane — whose real name is Radric Delantic Davis — was released from his...
  • Since 2002 the IRS is auditing fewer Americans

    The Internal Revenue Service (IRS) is auditing the lowest number of Americans since 2002, according to data obtained by The Wall Street Journal. The data showed that the number of individuals receiving tax audits had declined for the sixth year in a row to the agency auditing just 0.62 percent...
  • Reasons why you should expect a BIG refund

    Tax season is here, and most taxpayers start to think about the refund checks they’ll get from the IRS after they file their annual returns. It’s also the time of year when you’ll see countless financial advice columnstelling you that getting a big tax refund is actually a bad thing. Yet...
  • Tax Refund Scam Alert: IRS warn taxpayers of new scam

    Only a few days into the tax-filing season, the IRS is sounding an alarm about a new tax scam. Specifically, it’s warning tax preparers to be on guard about the scam, which is aimed at stealing taxpayers’ refunds by using data compromised in tax preparers’ offices. The agency said...
  • Reasons why your tax refund could be delayed

    Small mistakes can have huge consequences when the mistakes appear on your tax return. At the very least, the processing of your return is likely to be delayed, which can create real problems if you’re counting on your refund.  And in some cases, a mistake on your return could even...
  • The IRS wants to know….Are you a bitcoin user or investor ???

    Last year was a momentous one for bitcoin. The cryptocurrency began the year at just under $1,000 and finished at just over $14,000, posting a whopping one-year gain of nearly 1,400 percent. I can’t say if bitcoin and other cryptocurrencies such as litecoin, ethereum, bitcoin cash and ripple make for good investments. Nor can I tell...
  • Man posing as IRS agent scammed victims out of millions!

    By posing as tax officials, three Georgia men took part in a scheme that cheated thousands of people across the U.S. out of more than $3.5 million, federal officials allege. Dunwoody residents Moin Gohil, 22, and Nakul Chetiwal, 27, and Tucker resident Parvez Jiwani, 39, are accused of using...
  • Multi-Platinum Rapper pleads guilty to tax evasion

    Just when things were looking up for DMX, the multi-platinum rapper got dealt some bad news. After recently landing his own reality series and delighting fans with the release of his “Rudolph The Red-Nosed Reindeer” cover, X was in court on Thursday (November 30) to plead guilty to tax evasion charges. He...
  • 400 groups claiming discrimination by IRS lawsuits have been settled

    Attorney General Jeff Sessions said Thursday that the Justice Department is settling class action lawsuits brought by more than 400 conservative groups who said they were “improperly” delayed when seeking tax-exempt status with the Internal Revenue Service. “The IRS’ use… of heightened scrutiny was wrong and should never have occurred,” Sessions...