Irs

• We applaud the federal governments efforts to crack down on tax-return identity fraud. Its the governments response in addressing the plight of those wronged by the thefts that has been lacking.
(Orlando Sentinel)
• A former IRS employee accused of filing nearly $8 million in fraudulent tax returns was sentenced Thursday to 105 months in federal prison after pleading guilty to theft. Thomas W. Richardson, of Mansfield, was sentenced by U.S.
(Fort Worth Star-Telegram)
• RoadFish.com men's lifestyle and finance magazine today encouraged the use of smartphone applications IRS2Go and SnapTax to aid taxpayers in the filing process during the 2012 tax season. RoadFish.
(YAHOO!)
• The U.S. Treasury Department's proposed rule implementing the Foreign Account Tax Compliance Act, published Wednesday, yielded some concessions to critics but still requires new work by financial institutions.
(Wall Street Journal)
• She said the amount she received was about $900 less than the amount the IRS deposited into the tax preparers account. Mo Money Taxes CEO Markey Granberry told WAVY.com others can expect checks to arrive via FedEx by the end of the week.
(msnbc.com)
• The Miccosukee Tribe of Indians of Florida is trying to prevent the federal government from using a summons to obtain documents and correspondence from its former attorney, Dexter Lehtinen. The tribe sued Lehtinen, a former U.S.
(The Business Journal)
• Today the Internal Revenue Service released information about how employers can claim the newly-expanded tax credit for hiring veterans. It also extended some deadlines for firms claiming the credit.
(Wall Street Journal)
• WASHINGTON — The Treasury Department and the Internal Revenue Service today issued proposed regulations for the next major phase of implementing the Foreign Account Tax Compliance Act (FATCA).
(Cleveland Plain Dealer)
• It's hard to offer an excuse the IRS has never heard for they hear some doozies. It's important to consider the context and the specific penalty in question. Some penalties might be waived for one condition but not for others.
(Forbes)