Alert of New Email Phishing Scam: “Update your IRS e-file”
The IRS has been alerted to a new email phishing scam. The emails appear to be from the IRS and include a link to a bogus web site intended to mirror the official IRS web site. These emails contain the direction “you are to update your IRS e-file immediately.” The emails mention USA.gov and IRSgov, […]
IRS to Reconsider Outsourcing Tax Debt Collection
A bill recently passed by the Senate taxwriters includes a provision that would revive and expand the use of private debt collectors, requiring the service to hand over to private firms nearly all the inactive tax receivables. The way the bill reads, that would include unpaid fines for not having health coverage, a penalty that […]
IRS Looks to Distribute $760 Million in Unclaimed Tax Refunds
The Internal Revenue Service is giving the Mega Millions jackpot some serious competition, with tax refunds totaling $760 million ready to be handed over to an estimated 918,600 taxpayers who did not file a federal income tax return for 2010.
The Obama, Congress, Koskinen Tax Triangle
In decades past, and the last year especially, it has become clear that congressional office holders have more trouble working with each other than against each other. While that would be totally acceptable if our mail goal as a nation, as a people was complete stagnation, this is a real problem when applied to our […]
DC District Court Upholds Obamacare Tax Credit Provisions
Another day, another lawsuit. This time the plaintiffs argued that the IRS’s interpretation of the ACA was contrary to the statute, which, they asserted, authorizes tax credits only for individuals who purchase insurance on state-run exchanges, but not on federal exchanges. The court ruled “that the plain text of the statute, the statutory structure, and […]