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Susan Tompor: IRS phone call may not help motivate taxpayer


The Internal Revenue Service's so-called private letter rulings, which let funds use foreign corporations and other strategies to escape the tax implications of boosting commodity holdings above 10 percent of income, are a “blatant end-run around the

Obama's IRS Return Shows His Tax Hypocrisy, Current Debate Shows Urgent Need for Corporate Tax Reform. Texas Insider Report: Washington, DC – In his State of the Union speech, Barack Obama lectured those whom he

By Susan Tompor The Internal Revenue Service sends more than 34 million notices to delinquent taxpayers annually in its first stage of the collection process. But the average payment received in response to a notice in fiscal 2011 was just $517,

They're going to wait possibly a week or so longer than expected to get refunds as the Internal Revenue Service attempts a tougher crackdown on criminals who file fake returns to snag illegal refunds early in the season. We got news of one such case

See New IRS Offshore Amnesty Announced: Third Time's A Charm. What's income? Generally everything. Fortunately, damages for physical injuries (say, broken bones from an accident) are tax-free. What if you only suffer emotional injuries?