Category Archives: Tax Legislation

Will the IRS Bring Back Private Debt Collections?

Somebody has sneaked some terrible legislation into a provision of the EXPIRE Act which, if approved, would require the IRS to hire outside private debt collection (PDC) firms to collect past due taxes.  If this sounds familiar it is because … Continue reading

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First-time Penalty Abatement in California

What kills people when they have an IRS tax debt is the interest and penalties.  If you don’t file and pay your taxes when they become due, you can eventually find yourself owing much more than the original tax assessment.  … Continue reading

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Are Bitcoin Transactions Taxable?

In an IRS audit today I was amused by all the preliminary questions about income sources.  The auditor asked about wage income, 1099 income, interest, dividends, royalties, alimony, child support, law suit settlements & awards, reimbursements, gifts, inheritances, grants, scholarships, life … Continue reading

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IRS closed – technical difficulties or government shutdown?

Because our elected representatives can’t do their job, the government has shutdown. The Internal Revenue Service (IRS) is not immune from the shutdown … but you are still responsible to make payments and meet IRS deadlines. Curious as to how … Continue reading

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Veterans Groups Resist IRS Audits

The IRS does a fairly good job taking care of American military families, but what about our veterans? Some think the IRS is picking on the American Legion and other non-profit veteran organizations.  The American Legion is a veterans organization that was incorporated by Congress … Continue reading

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IRS Launches New ACA Website

The IRS’ new Affordable Care Act website is up and running.  Most of the new content is organized into three main parts: (1) Individuals & Families, (2) Employers, and (3) Other Organizations. The Individuals & Families page is further broken down into two subtopics designed … Continue reading

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Changes to Innocent Spouse Program may Become Permanent

Married couples who file jointly have “joint and severable” liability for any resulting tax debts (i.e., the IRS can come after both, or either of them individually, for the entire tax liability).  But if one spouse is successful with his/her innocent spouse … Continue reading

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“Citizens United” Hopes to Abolish the IRS

There are many taxpaying citizens, and even a handful of lawmakers, who are fed up with the IRS’ mistakes and scandals and would like to see the 100-year-old agency simply disappear.  One such lawmaker is Senator Rand Paul.  He and the group … Continue reading

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Lawmakers Seek to Punish IRS and Reward TIGTA

A House subcommittee led by Rep. Ander Crenshaw (R-Fla.) agreed on a spending measure that would cut the IRS’ budget by 24 percent in 2014.  And on the other side of the coin, the bill would mean a $5.5 million budget … Continue reading

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The TAS Approach to Tax Reform

If you recently read (or re-read) the unabridged English version of Les Misérables in anticipation of the movie that came out on Christmas day, your eyes consumed approximately 531,000 words.  This is slightly less than the word count in the Bible, which is … Continue reading

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