Tags » I.R.S.

Dont Give the IRS Every Last Drop

There have been some significant changes in the way the IRS targets businesses for audits and how it conducts them. The IRS is getting much smarter about how it chooses returns for audit and how its examiners conduct their audits. 14 more words

Lance Wallach

Some 419 Insurance Welfare Benefit Plans Continue To Get Accountants Into Trouble


Popular so-called “419 Insurance Welfare Benefit Plans”, sold by most insurance professionals, are getting accountants and their clients into more and more trouble.

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Lance Wallach

Captive Insurance Arrangements Are on the IRS Radar


Internal Revenue Service scrutiny of captive insurance arrangements is increasing, and much of it is aimed at small captives utilizing the 831(b) tax election, say many in the captive industry. 7 more words

Lance Wallach

Get Sued!


The IRS is cracking down on what it considers to be abusive 
tax shelters. Many of them are being marketed to small business
owners by insurance professionals, financial planners and even… 10 more words

Lance Wallach

Huron Township Police investigating fraudulent IRS phone scam

By Scott Bolthouse
Hub Editor in Chief

On Monday, July 28, Huron Township Police responded to a citizen who claimed they were the victim of a fraudulent IRS phone call. 509 more words

Front Page

Should You Close Your Foreign Bank Account

Wouldn’t it be nice if we lived in a fair world? Wouldn’t it be nice if the IRS gave the little guy a break? Unfortunately, that’s just not the way it is. 38 more words

Lance Wallach

The IRS' clean-up guy sure doesn't seem to know what he's doing

The Internal Revenue Service’s clean-up guy sure doesn’t seem to know what he’s doing, does he? Watch as Trey Gowdy (R-SC)eviscerates Commisioner John Kosikenen about the on-going investigation into why Tea Party and other conservative applications for non-profit status were waylaid:

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