Tags » Federal Tax

DOJ - Bank of America Settlement for Financial Fraud

Description:

On August 21, 2014, the Department of Justice announced that it as reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history ­— to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide Financial Corporation and Merrill Lynch. 642 more words

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End corporate trick for evading taxes

U.S. President Barack Obama on Thursday hammered U.S. companies that avoid federal taxes by shifting their tax domiciles overseas in deals known as “inversions” and called on Congress to pass a bill to end the practice. 404 more words

Politics

IRS Volunteer Income Tax Assistance (VITA)

Description:   This opportunity allows IRS to provide grants to organizations to achieve the following program objectives 1) Enable the Volunteer Income Tax Assistance (VITA) Program to extend services to underserved populations in hardest-to-reach areas, both urban and non-urban; 2) Increase the capacity to file returns electronically; 3) Heighten quality control; 4) Enhance training of volunteers; and 5) Improve significantly the accuracy rate of returns prepared at VITA sites. 356 more words

Government Organizations

IRS Low Income Tax Clinic (LITC)

Description:    Low Income Tax Clinics (LITC) represent low income taxpayers involved in controversies with the Internal Revenue Service (IRS), educate individuals who speak English as a second language (ESL) about their rights and responsibilities as taxpayers, or both. 288 more words

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