The IRS Audit Blog

Posts Tagged ‘irs laws’

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Question: What happens if I forget to file my taxes?

I have been a law student for the last 3 years and have been studying for the bar all summer–not much time. Plus I work at a law firm as an independent contractor, so I am paid in cash and I’m supposed to report that myself. Does anyone know how the IRS know how much I made? Does my boss have to tell them what he’s given me if he can remember? I think its getting kind of late in the year being august and all, so quick help is appreciated.

Answer: So long as you don’t owe on your taxes you are fine. The April 15th deadline is actually for those who owe (my father-in-law is an accountant and files ours late all the time when we don’t owe). Since you are paid in cash, that’s probably not likely since you didn’t pay any taxes at all. You should see an accountant ASAP. You might not owe because of your student status (most taxes paid as a student you get back), but since you are a law student you could be cooked. You know best ignorance of the law is no excuse. As a lawyer myself, I know how busy you have been, but better take care of it now. Especially before you get to the character and fitness part of the bar exam/application!!

Grand jury: lawmakers should repeal ‘corruption tax’

TALLAHASSEE — Florida ethics officials need more authority to investigate and more power to punish public officials and others for what amounts to a “Florida corruption tax” that is eroding public trust and stealing taxpayers’ money, a statewide grand jury said Wednesday. read more

Question: Do I have to pay taxes on a gift in the United States..?

My brother in law gave me a $10,000 gift, and I’m wondering if I’m going to have to report it and pay taxes on it.
And he sent the money to me to 2 seperate bank accounts, 5000 dollars each, because he said that the bank would report the amount to irs if its over 9,999 dollars

sorry, but idk a lot about taxes
and im 24 years old

Answer: The person receiving a gift does not pay tax on the amount received no matter how much it is.
The person giving the gift could have to pay gift tax depending on the amount given. A person can give any number of people $13,000 per year gift tax free. In addition they can pay tuition and medical expenses directly to the provider of another person and still not pay a gift tax. This would be true even if they have already given that person $13,000 directly. Additionally, every person can give away $1,000,000 above the $13,000 during their lifetime and still not have to pay a gift tax. This is called the lifetime gift exemption and giving what is a taxable gift requires the filing of a gift tax return for the year a taxable gift is made.

Bowls accused of violating tax-exempt status

Bowls accused of violating tax-exempt status

(2010 Blessings) – Hear The Shocking News!!

Safety Valve: Letters from readers

No strangers here: My family and I moved to Wenatchee in 1958. Our main reason for moving to Wenatchee was to get out of a large city and to raise our son in an environment free from as many drugs and gangs as we could get.

Austin IRS Attack being used by government to put more Restrictions on Ordinary Air Travel

Question: IRS , is this true?

as long as you don’t file, you haven’t broken any laws. once you file, you enter into an agreement to pay. the US supreme court ruled in 1991 that our labor was our personal property and we exchange it equally in exchange for pay. the 16th amendment recquires only those who “profit or gains” to be taxed. the vast majority of americans aren’t recquire to pay income taxes. they outlawed slavery in 1864.

this is why the irs threaten so hard and then simply settle out of court. THEY DON’T WANT IT TO GO TO COURT because they will lose in court. the supreme court has already set precedence.

Answer: It’s total BS.

There is no such ruling from the Supreme Court, in 1991 or any other year. That claim has been raised countless times but has been shot down EVERY time. In fact, it’s been raised so many times that merely attempting to raise it can attract an additional fine of up to $25,000 for raising a spurious defense, i.e. wasting the court’s time.

The IRS will gladly take you to court over your unpaid taxes. They’re batting 1000 on this — they win EVERY civil case over the legality of Title 26. A few Tax Kooks have dodged the bullet on criminal sanctions but the ALWAYS wind up paying in the end.

IRS, States Crack Down On Contractor Abuse

The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors.

Tax Law Attorney Rob Wood “IRS Speaks Out on Employment Lawsuit Settlements”

Question: why did our government waste money printing and mailing tax forms that were not any good?

our congress and irs printed and mailed millions of tax forms that are now changed by the amt tax laws that they knew was going to change why would they waste all that money printing and mailing tax forms that were without the new laws, congres and irs must have wasted a couple million dollars

Answer: If there’s one thing our government can do, that is to find a way to waste money.

New Law Gives Military Spouses State Tax Flexibility

KANSAS CITY, MO–(Marketwire – 02/16/10) – Managing household paperwork, finances and taxes for military families just got easier thanks to the new Military Spouses Residency Relief Act , according to H&R Block (NYSE: HRB – News ). The act affects the tax status of families when they move on military orders by allowing more flexibility when it comes to state taxes. Servicemembers often retain …

NEW DISCOVERY ON RUSSIA GEORIGA CONFLICT – hard evidence soldier link USA south ossetia Abkhazia NAU EU oil pipeline india iraq iran afghanistan waziristan islamabad pakistan moscow blackwater blood oil money global war on terror bin laden CIA DHS IRS