Category Archives: Tax News

2016 Tax Season Opens Smoothly

The IRS officially kicked off tax season this year on January 19th, one day after the Martin Luther King holiday. This marked the first day that the IRS would accept, and begin processing, 2015 federal income tax returns. The IRS … Continue reading

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GOP Wants Hillary Audited

What’s the worst threat you can think of? The answer to this question probably depends on who you ask. My teenage daughter might say taking away her phone or the threat of somebody unfollowing her on Instagram. If you ask … Continue reading

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Trump’s “I Win” Tax Form

Presidential hopeful and real estate mogul, Donald Trump, is known for his informal and crude style.  If you ask him, he just says it like it is and leaves out the fluff.  If elected to be the next president, he … Continue reading

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Coca-Cola’s $3.3 Billion Tax Bill

It’s official, nobody has any right to complain about the taxes they owe.  Oh you owe $10k? $20k?  You think you’re in dire straits with your $50k or $100k tax debt?  That’s small beans.  The Coca-Cola company owes $3.3 billion!  … Continue reading

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IRS Impersonators Have New Tricks

Scam artists, posing as IRS agents, who contact innocent taxpayers out of the blue and demand payment on tax bills that don’t exist are getting more crafty and casting a bigger net these days. For at least the past few … Continue reading

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The first step in taxing space starts tomorrow in Sacramento

Have you ever thought about space travel? Or even being one of the first human colonists to Mars? If you have, you should also be prepared to pay a tax. Seriously. That’s right, with the developments in space exploration, the … Continue reading

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Clinton Foundation Under Fire for Tax Errors

Filing an amended tax return is normally not that big of a deal.  It is not uncommon for folks to make mistakes or leave out information on their Form 1040 personal income tax filing.  To amend a previously filed Form … Continue reading

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How to Get Fired if you Work for the IRS

As far as I know, an IRS employee can’t be fired just for leaving you on hold for 3 hours, or for giving you bad information that contradicts what the previous IRS employee told you, or for rejecting your Offer … Continue reading

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800,000 Obamacare Enrollees Received Incorrect Tax Forms

Here’s a suggestion for the IRS’ next Tax Tips article: “What you should know about the incompetence of the IRS.” Or maybe this one: “10 reasons why you should not renounce your citizenship and move to Brazil.”  Their latest screw … Continue reading

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More than half of Stanislaus’ FTB non-filers live in Modesto

The Franchise Tax Board is beginning its annual force filing season. Haven’t heard of force filing season? If you are one of the million plus people that the FTB is currently investigating, you will soon. Force filing season is where … Continue reading

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