The IRS Audit Blog

Posts Tagged ‘source news’

IRS Lien Procedures Ineffective, Harm Taxpayers, Report Says

Jan. 6 (Bloomberg) — IRS agents are relying too heavily on property liens to collect delinquent taxes, harming financially struggling Americans and circumventing taxpayer protections ordered by Congress in 1998, a report says.

Defense hints Feds wanted Brown dead (IRS, income tax)

YRC Worldwide Reports Year-Over-Year and Continued Sequential Improvement in Fourth Quarter 2009 Results

YRC Worldwide Inc. today reported year-over-year and continued sequential improvement in its fourth quarter 2009 results. Â For the quarter ending December 31, 2009 the company announced pre-tax income of $50 million that included a net gain on note exchanges of $194 million, lease termination charges of $8 million related to further optimization of the YRC network, and severance charges of $3 …

Ellen Grady on Form 990

Question: Live in the US, but work for a Canadian Company?

I work from home, in the US, but work for a Canadian Company. I am a paid contractor. The Canadian company does not disclose to the US IRS about my earnings and does not send me a 1099. How do I report this income to the IRS? Does the IRS receive any other form from the Canadian government about my earnings? Thanks.

Answer: US law requires that the Canadian company report the payment on a 1099, even though it is not a US taxpayer. In addition, there are exchange of information provisions in the US-Canada income tax treaty.

If you are not an employee, then you must report this income on Schedule C.

Briefs – Feb. 4

Senior Meal every third Sunday at Clarinda Regional Health Center

IRS Sends FBI to KILL Federal Tax Protestors

Lake preservation board releases financial review

The Lake Allatoona Preservation Authority released a financial review Thursday that claims several discrepancies within the organization’s financial records, maintained by former General Manager Ro…

IRS Presentation on 403(b) Final Regulations – pt 3

Where to find free money

Last fall, Michelle Bixler received a letter from the state of Pennsylvania saying it had a $35,000 check for her from an insurance company. She thought it was a scam. It had been nearly nine years since an on-the-job injury left her unable to work.

Authentic Sovereigns Don’t Jump Back and Forth Between Commercial Corporate and Sovereign Law