Taxpayers May Receive Incorrect Tax Notice From The IRS

It’s hard to get everything done before a holiday or vacation, right? Inevitably we forget something – leave medicine on the counter or neglect to reschedule an appointment for when we’re out of town. Well the IRS forgets things too – this year they forgot to enter...

Court Denies IRS Access To Offshore Tax Records In Lawsuit

The Internal Revenue Service lost its court case over access to offshore tax records, according to Bloomberg. The denial makes it tougher for the IRS to access tax records of Americans with offshore bank accounts. Foreign bank account reporting is an issue the IRS has...

IRS Scammers Continue Offering IRS Tax Relief

Not only are the fake Internal Revenue Service scammers refusing to give up, but these scammers are also continuing to get more convincing, according to KOIN News. Prior to contacting these victims, IRS scammers collect personal data about the taxpayers they target....

Benefits Of Foreign Bank Accounts

Although the Internal Revenue Service has been cracking down on offshore bank accounts, there are still a handful of positives that come with foreign accounts – as long as you follow the rules. According to Kelly Phillips Erb of Forbes.com, account holders must pay a...