Posted by taxguru on December 13, 2014
for this sob story:
Republicans seek to cripple IRS. The GOP’s moves will gut the tax agency, advocates warn.
IRS head says budget cuts could delay tax refunds
Next will be telethons and special celebrity songs to help save the IRS from having to suffer draconian budget cuts.
Posted in IRS | Comments Off on Break out the violins…
Posted by taxguru on December 11, 2014
IRS has released the standard mileage rates for 2015. This is handy to know ahead of next year because many employers use these rates for reimbursing employees for business miles driven on the job.
Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car, van, pickup or panel truck will be:
- 57.5 cents per mile for business miles driven, up from 56 cents in 2014
- 23 cents per mile driven for medical or moving purposes, down half a cent from 2014
- 14 cents per mile driven in service of charitable organizations
If oil prices continue to drop, there is a good chance that IRS will lower the standard rate for business miles at some point during 2015, giving us another year with multiple rates for different parts of the year.
Posted in IRS, Vehicles | Comments Off on 2015 IRS Mileage Rates
Posted by taxguru on December 2, 2014
Although they do show her criminal actions, I’m sure the really incriminating emails were completely wiped out before these emails were “released” to the investigators. Either way, nothing will happen to Lois or her accomplices, as bHo continues to cover for all of the crimes committed by his minions.
IRS accused of sharing 2,500 private taxpayer documents with White House
Department Of Justice To Release 30,000 Emails From IRS Exchange With White House – Bury critics in a huge volume of innocuous paperwork, after the really incriminating ones have been removed.
2,500 new documents ID’d in White House-IRS taxpayer harassment cases – Linking the IRS crimes directly to the White House.
30,000 missing emails from IRS’ Lerner recovered
Investigators into IRS scandal may have recovered lost Lois Lerner emails
Lois Lerner Refused Tax Exempt Status to Hundreds of Conservative Groups – But Granted Status to an Underage Prostitution Ring – Also has links to several other pieces on the IRS attacks against bHo critics.
Posted in Crooks, IRS | Comments Off on Unraveling the Lois Lerner Crime Wave
Posted by taxguru on November 6, 2014
The recent election will most likely motivate bHo and his fellow DemonRats to use the IRS even more than ever to persecute anyone who dares to criticize anything they try to do.
Jeanne Shaheen Conspired With White House Insider On IRS Targeting Scandal – Many Dims in addition to bHo use the IRS as their private hit squad.
IRS says it hasn’t searched ‘other sources’ for missing Lerner emails – IRS employees still have no intention of helping investigators expose their crimes.
Posted in IRS | Comments Off on IRS Still Attacking bHo Enemies
Posted by taxguru on November 2, 2014
It has always been one of the more insidious traits of the tax system in this country that we are all assumed to be guilty of being tax cheats and we have to be able to prove otherwise. Asset Forfeiture laws, under the guise of the insane War On Drugs, are even more draconian in their nature. Put those two together and we have a growing abuse of authority and disregard for all of our constitutional rights.
Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required – From the NY Times
Internal Robbing-You Service – From Snopes.com
Update: David Selig a “Federal Tax Practitioner” with dubious allegiances, defends the IRS because he believes that most people dealing in large cash deposits “are crooks.”
Law Allows IRS To Seize Your Bank Assets On Suspicion Alone – Q & A With Tax Expert Explains Why
Posted by taxguru on October 30, 2014
This year, two tax publishers have already calculated the inflation adjusted tax brackets for 2015, which are handy for tax planning purposes. Notably, the annual gifting exclusion will remain at $14,000 for 2015.
Wolters Kluwer, CCH Projects Inflation-Adjusted Tax Brackets and Other Amounts for 2015
Bloomberg BNA has this handy 17 page pdf of the upcoming inflation adjustments for 2015.
Update: Tax Foundation has posted a very handy summary of the 2015 adjustments.
Update 2: IRS has just released its official announcement of the inflation adjusted changes for 2015
IRS Rev Proc 2014-61 with all of the details (22 page PDF)
Posted in IRS, TaxRates | Comments Off on 2015 Federal Tax Inflation Adjustments
Posted by taxguru on October 20, 2014
Even if you’re not sure whether somebody is really with the IRS or not, the safest way to approach it is to have your professional tax advisor handle all interfaces with IRS on your behalf. S/he should be able to quickly spot a scam, as well as protect you from the improper tactics used by some actual IRS employees.
Posted in IRS, scams | Comments Off on Be careful of fake IRS contacts…
Posted by taxguru on October 14, 2014
It was obvious from the beginning that the IRS attacks on opponents were initiated by bHo and his accomplices, such as his chief advisor.
Senator Pat Roberts: Valerie Jarrett Was Involved In IRS Scandal
Of course, the trillion dollar question is, Who in the GOP has the stones to prosecute anyone in the bHo Regime for any of their blatant crimes?
Posted in IRS | Comments Off on IRS Attacks were coordinated by those in the White House
Posted by taxguru on October 8, 2014
Posted in audits, IRS | Comments Off on IRS still attacking bHo critics
Posted by taxguru on October 7, 2014
For someone who claims to have done nothing wrong, she’s not very willing to discuss things publicly.
Funny video of Lois being pursued near her residence.
Posted in IRS | Comments Off on Lois Lerner Update
Tax Guru - Ker$tetter Letter 