The IRS Audit Blog

Archive for July, 2008

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Pleasanton Oks New General Plan, Livermore Begins Planning for BART

The second half of 2009 continued to see the state budget impact local programs and services. After seven years, Pleasanton approved its new general plan. Pleasanton continued to deal with lawsuits. A Court of Appeal validated the Oak Grove referendum effort.

USSA United Socialist States of America February, 2009

Gold To Be Returned To Stanford Customers & Midday Roundup

A federal judge has ordered the return of $21.2 million in coins and bullion to gold customers of indicted Texas businessman R. Allen Stanford. Judge David C. Godbey issued his ruling Tuesday in federal court in Dallas.

NWO The Grand Ponzi Scheme Documentary 05 of 16

Question: So what happened to all the jobs that were supposed to be created with the Bush tax cuts?

Why did the IRS have to sue the UBS (Swiss Bank) to release the names of 52,000 tax cheats hiding about $15 billion in US currency in offshore tax havens?

I thought the richest 2% were going to use their massive Bush tax cuts to stimulate the economy and create jobs?

How exactly does hiding the money in an offshore tax haven stimulate the US economy again?

Is there any bigger argument to put the tax rate for the top 2% of wealthiest Americans, back to where it was under Republican President Eisenhower during the 1950′s, which was one of the most prosperous decades for the USA during the 20th century?

http://www.usatoday.com/money/industries/banking/2009-02-19-ubs-tax-evaders-irs_N.htm

http://www.marketwatch.com/story/irs-ubs-agrees-to-hand-over-us-accounts-2009-08-19

Bullseye: The Bush tax cuts are still in effect and unemployment continues to rise.

So it is a legitimate question.
BTW: I’m in the top 10%.

Answer: Money that big business saves by tax cuts is not reinvested in jobs. It’s reinvested in various assets so it can earn more money simply by being invested. Capitalists would prefer not to throw money away on wages. Tax cuts = job creation is a total fallacy

Barry Dolowich: Job moves could be deductible

Q: My husband and I are moving from Denver to Pacific Grove to start jobs working for my parents. The move will probably cost us about $5,000, which will not be reimbursed. Previously, we spent money in our quest for other new job opportunities.

Obama Goes After Overseas Tax Cheats

Question: When filling out an SS-4 form do I need to use my business address or my home address????? Help??

Hello, I was trying to fill out the SS-4 form that has to be filed with the IRS when you need to get the EIN#. I’m just not sure if i need to use my business address or my home address. I do not want my personal credit being tied in with my business credit and others have told me to use my business address what do I need to do??

Answer: You’re filing that on behalf of your business entity. Use the business address.

IRS will expect its share of dollars if Prop. 19 passes

Ryan Gabrielson Should Proposition 19 pass next month, California’s prospective legal marijuana dispensers will have to persevere through much of the same hard work and startup headaches as any other new business. That includes filling out an SS-4 form [PDF] . And making sure their employees have completed W-2s [PDF] . And then actually paying federal taxes, assuming the federal government doesn …

Khari & Erik jerkin.

Question: Why do people keep giving wrong tax advise that will hurt people?

I have come across numerous questions that have to do with tax law. People give answers/advise where they say “I know for a fact that…. because I did it.” Hwever the advise they give is so wrong and illegal. For example, “MD” just told someone that they can claim their fiance as a dependant becasue she supported him. WRONG! If the person follows that advise they will be in deep trouble with the IRS and “MD” is in trouble if she did this.

I am worried that people fill follow this bad info and get hurt. Should I just stop correcting people and think, they are stupud to listen to these people?

Answer: You need to voice your opinion,and, the tax filers need to go to the pros for answers, so that the ill advice they are given doesn’t come back and bite them in the ass.

Contact Weber & Phillips

1. Copies of Tax Transcripts or Tax Returns. The Bankruptcy Code requires that everyone who files a bankruptcy must present evidence that they have filed tax returns for the most current year and the three years immediately preceding.

Late-breaking Tax Law Changes