• Wisconsin’s Taxes Are Sixth Highest

    The Wisconsin Taxpayers Alliance has analyzed state and local taxes and U.S.Census data, and has determined that the state is sixth highest in taxes as a percentage of personal income. If measured per capita, Wisconsin ranks twelfth. And if only […]

  • Help! I’m Being Audited! Tips For Surviving A Tax Audit

    iParenting.com By Deborah Ng When Lisa Keene received a notice from the IRS informing her of an audit, she started to panic. After she caught her breath, she called her accountant and read the notice to him. “You know, it […]

  • Consumer Watch: It Pays To Weigh All Options If You Owe Taxes

    Richmond Times-Dispatch By Iris Taylor Call it tax aftershock. You filed your return and now you owe the Internal Revenue Service a bundle of money that you don’t have. You’re panicking because you know if you ignore it, the IRS […]

  • “Son of Boss” Tax Shelter

    The first civil case over the tax shelter called “Son of Boss” went in favor of the IRS. Tax Court Judge David Laro granted summary judgment to the IRS in its case against RJT Investments X LLC in Omaha, Nebraska. […]

  • IRS Starts Using Private Companies to Collect Taxes

    This is a first! The IRS has started using private companies to collect overdue taxes. If the program is successful, it will be expanded next year. The IRS claims the “tax gap” has grown to $290 billion. The tax gap […]