Tag Archives: IRS

Things To Do with Your Income Tax Refund

Each year, around this time, you may be getting a tax refund.  Instead of spending it on a big screen TV or a new IPhone, here are a few other things to spend your refund on: Start a savings account … Continue reading

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Unclaimed Tax Refunds Reaches $1 Billion

The IRS has recently announced that the amount of unclaimed income tax refunds now totals more than $1 billion.  The IRS estimates that 11,100 people in Kansas are due a refund with the average refund being $746.  The IRS estimates … Continue reading

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IRS Relaxes IRA Transfer Rules

The IRS has recently relaxed a long-time rule punishing people who do not correctly transfer money from one retirement account to another within sixty (60) days of pulling out the money.  Now, the IRS offers some exceptions to this sixty … Continue reading

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The IRS May Have Lost Your Identity

Last month it was discovered that the IRS realized that illegal immigrants stole more than 1 million Social Security Numbers from Americans.  To make matters worse, the IRS knew about the problem five (5) years ago but never told anyone … Continue reading

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That’s Insane! Part Two:

Next up in our series of crazy ways people have legally avoided taxes is Jan Van Dusen, the definition of a crazy cat lady. At one point, Ms. Van Dusen had taken in so many cats that she was caring … Continue reading

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That’s Insane! Part One:

This series will outline some of the most insane ways people have legally avoided paying taxes. Remember, these posts are just to give you a glimpse into the sometimes odd thinking of the US Tax Court, not to give you … Continue reading

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Ways to Get Paid

While there are many ways to pay the IRS, there are only a few methods to get money out of the IRS. The first method, direct deposit, is the most popular and most-favored by taxpayers.  It is a free service … Continue reading

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Judges Have to Pay Their Taxes Too

A former U.S. Tax Court Judge and her husband have been indicted for obstructing an IRS audit and conspiracy to evade taxes of more than $400,000. It was found that for part of her term, Diane Kroupa and her husband … Continue reading

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Go for the Big Gulp, Stay for the Tax Payments

The IRS is now offering one more way to pay your taxes – the local 7-Eleven. Individual taxpayers can elect to pay their balance in cash through OfficialPayments.com and PayNearMe. After following a few short steps, the taxpayer will be … Continue reading

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Ways to Pay

There are a few different ways to pay the IRS. The IRS Direct Pay allows you to have your tax bill deducted directly out of your checking or savings account.  There is no charge for this option. The IRS also … Continue reading

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