People affected by the severe storms, tornadoes, straight-line winds and flooding that took place beginning May 4 in parts of Texas may qualify for tax relief from the IRS.
The IRS wants $3.2 billion to cover back taxes that it says are owed by a prominent Texas businessman and his late brother who the IRS says hid income by setting up overseas trust funds.
There’s only one day left to file your income taxes so if you haven’t done them you’d better hurry. And if you have done your taxes there’s a possibility you’ll run into a problem frustrating lots of North Texans – tax identity theft.
The deadline to file your taxes is less than a week away and many people are finding it impossible to even speak to anyone at the IRS for help.
Knowing what you can legitimately deduct off your taxes and what receipts you didn’t need to hold on to after all, can help both you and your accountant avoid a lot of headaches.
Promising to abolish the IRS is a good talking point for political candidates. It’s also unlikely to ever happen, no matter how easy folks such as Sen. Ted Cruz like to make it sound.
A man from North Richland Hills has been sentenced to three years in federal prison for defrauding the IRS of more than $1 million by submitting false income tax returns.
It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.
As a forensic accountant, Larry Kanter follows the money. He watches where it comes from and where it goes. From an accounting standpoint, Kanter says he’s impressed with the 107-page indictment against Dallas County Commissioner John Wiley Price.
Imagine getting a call from the IRS, threatening to seize your home and telling you local police are on their way to arrest you. It’s happening in Irving… but the calls are bogus.
According to the IRS, 20 to 25 percent of Americans wait until the last two weeks before the deadline to file their taxes. If tax time snuck up on you this year, here are a few tips to help you file.
Even during challenging times, a small business with a sound strategy can obtain a loan.