Wow that headline sounds wrong! However it IS accurate. Many taxpayers have been clamoring to hear about the IRS' "Dirty Dozen" Tax scams for 2015. So here is a rundown for all those wishing and hoping for a little one on one time with the Internal Revenue Service....
Tax Strategies
COLLECT THEM ALL!!!
The American Dream, good job, great family, nice house and of course paying your taxes. Oftentimes, good taxpayers have pretty simplistic tax forms, with regular income and withholding, there can be very little of real scrutiny by the IRS. One issue that crops up from...
BLAME CANADA! BUT IT’S REALLY THE UNITED STATES’ FAULT…
Ah the United States, home to a universal healthcare system and high capital gains rates. The US is a copy-cat though, there is an original purveyor of such a system, our brothers and sisters in the Great White North; Canada. A land where it ACTUALLY snows two feet...
IRS FLEXES ITS MUSCLES WITH IDES
The IRS flexed more of its global dominance today, announcing the opening of the International Data Exchange Service, or IDES. Financial institutions worldwide will now utilize this system to send information reports on their US clients as per the FATCA agreements....