Tag Archives: IRS

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Lawmakers Criticize IRS for Targeting Small Business Owners

Agency wants to take a second look at last year's tax returns to uncover underreported income

IRS officials say the letters do not constitute an audit and that they are simply…

By Carolyn M. Brown

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I.R.S. Scandal Hearings Kick Off in Congress

Some Republicans looking for ways to tie scandal to Obama's White House

Republicans are out for blood over reports that tax officials targeted tea party groups.

By Aaron Morrison

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Acting Director of IRS Resigns

A head has rolled at the IRS over the Tea Party scandal

In wake of ‘scandal’ surrounding Tea Party, IRS Commissioner resigns

By Makkada B. Selah

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Why Wasn’t GOP Angry When IRS Audited NAACP in 2004?

The NAACP was audited in 2004 under George W. Bush

Former NAACP president Julian Bond says the GOP has a double standard

By Makkada B. Selah

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president obama smiling

Pres. Obama Chides IRS for Targeting Tea Party

GOP lawmakers calling for IRS Commissioner's head to roll

IRS allegedly gave conservative groups more scrutiny in 2012

By Makkada B. Selah

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Business Tax Index 2013: Best to Worst State Tax Systems for Entrepreneurship and Small Business

Your Guide to the 1099-MISC Tax Form

The 1099-MISC is a staple of small business and entrepreneurs

A guide to the 1099-MISC form and how to use it this tax season

By C. Daniel Baker

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katt-williams-mean

Katt Williams Pays $284k Tax Lien

Williams owed from 2007 income taxes

The comedian makes good on an almost $300k debt to the IRS for 2007 taxes

By Makkada B. Selah

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home-office-tax-deductions

Home Office Tax Deductions Just Got A Lot Easier

The IRS has simplified the home-office tax deduction process

Simpler tax forms should lead to less money left on the table

By C. Daniel Baker

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Court Approves Sales Tax on Online Sellers

The IRS Delays Tax Season for 120 Million Households

Changes from the Fiscal Cliff deal forces changes in tax forms.

Delay affects 80% of Americans who’ll have to wait until later to begin filing

By C. Daniel Baker

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Lil Wayne Pays IRS $7.7 Million for Tax Lien

The IRS placed liens on the rapper's Miami Beach estate

Don’t mess with the IRS.

By Makkada B. Selah

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Wesley-Snipes

How to Avoid Wesley Snipes’ Tax Fate

The IRS has programs available to help people avoid the same situation

The IRS don’t play games. Here’s how to play by the rules.

By Ashley R. Harris

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Tax Policy Changes to Affect Most Americans [Report]

Annual tax planning will see significant changes if Congress doesn't take action

Annual tax planning will see significant changes if Congress doesn’t take action

By Ashley R. Harris

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Overall Satisfaction among Small Business Banking Customers Drops

IRS2Go 2.0 Places Tax Help at Your Fingertips

The Internal Revenue Service app now offers a YouTube feature, news feed and tax transcript service for Android and iPhone (iOS) users

The latest version of the Internal Revenue Service’s tax app IRS2Go 2.0 is available…

By Sheiresa Ngo

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(Image: File)

Consumer Alert: Watch out for Tax-Related ID Theft

See what steps you can take to protect yourself

You’ve filed your taxes, dropped the forms in the mail, and now you’re breathing a…

By Sheiresa Ngo

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Photo: Quantrell Colbert

How to Prepare For an Audit

Here's what to do when the tax man pays a visit

Here’s how to handle this unpleasant surprise—along with pointers on avoiding an audit in the…

By Leslie E. Royal

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3 Things to Do if You Can’t Pay a Large Tax Bill

Ignoring you tax bill won't help. Fortunately, you have options!

Ignoring you tax bill won’t help. Fortunately, you have options!

By Sheiresa Ngo

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Find Out if You Even Have to File 	Ever wonder if you actually need to file a federal income tax return? Well, you may be onto something. Identifying whether or not you need to file will save both you and the government time and money. People can check the Individuals section of the IRS website or use their Interactive Tax Assistant tool to see if they qualify.

4/11: 11 Last Minute Tax Tips

With only a few days left to file, Black Enterprise gives you the 4-1-1 on filing your taxes

With only a few days left to file, Black Enterprise gives you the 4-1-1 on…

By Janel Martinez

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(Image: ThinkStock)

How to Avoid Tax Audit Triggers

Make sure the tax man has no reason to come knocking

Make sure the tax man has no reason to come knocking

By Sheiresa Ngo

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Spending less than you earn seems like a simple rule, but as straightforward as it may appear, every year many Americans become the casualty of their spendthrift ways. Making purchases you cannot afford or don’t need, in turn, leads to uncontrollable debt. 	Terry and Tyra Johnson of Yardley, Pennsylvania, have maintained a frugal lifestyle even though they make a combined six-figure salary. Here are four tips from the Johnsons that help them live below their means.

4 Ways to Live Within Your Means

Couple shares tips on how to avoid financial pitfalls

Couple shares tips on how to avoid financial pitfalls

By Glenn Townes

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10 Ways to Save Money on Your Tax Return

It's that time of year. Here's how to prepare and save!

It’s that time of year. Here’s how to prepare and save!

By John Simons

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