Tax ‘Dirty Dozen’ for 2013 Shows What’s on IRS Crime Watch List

On behalf of Frost Law posted in on March 28, 2013.

It’s hardly as anticipated as the Cherry Blossom Festival here in Washington, D.C., but it is no less reliable in its arrival. We’re talking about the Internal Revenue Services’ annual “Dirty Dozen” list of potential tax scams. The tax crimes list is offered in the context of being a service to protect taxpayers from unscrupulous […]

Tags: Blog, IRS, Tax Crimes

Fed Workers with Tax Liens Could Lose Jobs Under House Measure

On behalf of Frost Law posted in on March 22, 2013.

The top Democrat on the House Oversight and Government Reform Committee says a measure passed by the panel on a voice vote this week defies logic. If the bill becomes law, federal workers who are “seriously delinquent” on paying their taxes and under liens for evading taxes could find themselves out of a job. Candidates […]

Tags: Blog, IRS

Legal, Illegal, IRS Expects Income Reported For Taxing

On behalf of Frost Law posted in on February 28, 2013.

It might seem counterintuitive, but the government doesn’t care how you make your money when it comes to taxes. However you earn your income, the Internal Revenue Service wants it reported so that appropriate taxes can be collected. Filing instructions make it clear that income, even from illegal activities, must be recorded and reported. It […]

Tags: Blog, IRS

IRS Audits Not Always Random: Some Tips On Reducing Risk

On behalf of Frost Law posted in on February 7, 2013.

Any fans of Monty Python out there? There are certainly a few in the Washington, D.C., area. If you are, you may remember one notable skit by the British comedy troupe called “The Spanish Inquisition.” The catch phrase of the skit is, “No one expects the Spanish Inquisition!” What follows is a skit-derailing explanation about […]

Tags: Blog, Audits, IRS

Word From Tax Advocate: IRS Heal Thyself

On behalf of Frost Law posted in on February 1, 2013.

Every year the Taxpayer Advocate Service issues a report to Congress about the state of the nation’s tax code. Washington, D.C., area readers of this blog may be interested, but not surprised to know that the latest report from the head of the service suggests there are a few things that could use some changing, […]

Tags: Blog, IRS

Ireland On Board With IRS FATCA Enforcement Efforts

On behalf of Frost Law posted in on January 10, 2013.

When businesses find themselves in tight financial spots, they often look for new streams of revenue. Washington does the same thing, though its main revenue stream — taxing — remains key. Right now, the nation is slowly emerging from what some have called the Great Recession. That’s put added pressures on the treasury and the […]

Tags: Blog, IRS