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Toby Keith’s Bar Owes $250,000 In Back Taxes

Toby Keith’s Bar Owes $250,000 In Back Taxes

By Lindsay McCane June 18, 2014

The tax debt of Toby Keith’s I Love this Bar & Grill at Destiny USA has continued to grow, now totaling over $250,000. Earlier this month, New York filed a new tax warrant against the restaurant for $107,000, related to …

IRS: Bitcoin is Property, Not Legal Tender IRS: Bitcoin is Property, Not Legal Tender

Despite the wild swings in the virtual currency markets and the recent scandal involving the Mt. Gox exchange’s loss of $400M, Bitcoin continues to hold some value online. As the most popular virtual currency, Bitcoin is becoming increasingly popular with …

IRS Selfies on Instagram Help Man Avoid Audit IRS Selfies on Instagram Help Man Avoid Audit

Time Magazine reports that a Pennsylvania architect is using social media tech to stay a step ahead of the tax man. Andrew Jarvis probably never thought that his Instagram selfies would land him in the news, but his idea was …

Online Tax Filing: Send It Straight To The IRS Free Online Tax Filing: Send It Straight To The IRS Free

You might have noticed the many e-file websites that offer “free” tax-filing options, but somehow seem to add fees or consistently try to trick you into clicking the upgrade button while you plow through your taxes. IRS takes matters into …

Identity Theft on the Rise this Tax Season Identity Theft on the Rise this Tax Season

Identity theft is on the rise this tax season as millions of Americans file tax returns and claim their refunds. In February, the Internal Revenue Service placed identity theft at the top of their “Dirty Dozen” tax scams list. Criminals …

Is TurboTax Cheaper Than Other Online Tax Services? Is TurboTax Cheaper Than Other Online Tax Services?

Tax filing season is finally underway, so now it’s time to decide how you want to file your taxes. If you don’t much care for using an accountant or tax preparation chain such as H&R Block to file your taxes …

IRS in Hot Water Over New Treasury Inspector Report IRS in Hot Water Over New Treasury Inspector Report

The IRS is facing new scrutiny over taxes that should have been paid for out-of-town travel made by its agents. These accusations have arisen from a Treasury Inspector General report, and have caused new fury amongst those who feel that …

Michael Jackson Estate Charged With $702M Tax Bill Michael Jackson Estate Charged With $702M Tax Bill

Michael Jackson’s estate is being heavily pursued by the IRS for “undervaluing assets” and now faces a $702 million charge. In U.S. Tax Court documents, executors estimate that Michael’s net worth at his time of death in 2009 was around …

IRS e-file Season Begins This Weekend IRS e-file Season Begins This Weekend

The IRS officially began processing 2013 tax returns this Friday, starting this year’s tax season. The IRS hopes that their e-filing process, along with their direct deposit system, will encourage users to process their return early, instead of waiting until …

Tax Forms: Where To Go To Obtain Them Tax Forms: Where To Go To Obtain Them

It’s the time of year that everybody dreads…tax time. While it something that we all try to avoid doing, it simply has to be done. So, where do you start? First, you need to decide how you plan to file …

Jodie Sweetin Starts 2014 On a Good Note Jodie Sweetin Starts 2014 On a Good Note
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Jodie Sweetin, best known for her role as Stephanie Tanner on ABC’s Full House, has had her fair share of bad news and downfalls over the years. Not only was she essentially a one-hit-wonder with her 90′s sitcom, but Sweetin …

Government Shutdown Delays Tax Filing Season Government Shutdown Delays Tax Filing Season
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The IRS announced today that the government shutdown that lasted from October 1 to October 16 will cause the start of the 2014 tax filing season to be delayed. Unfortunately, the deadline to file taxes (unless you file for an …

Lois Lerner, IRS Agent Targeting Tea Party, Retires Lois Lerner, IRS Agent Targeting Tea Party, Retires
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Lois Lerner, the woman who has been the center of attention concerning an IRS scandal involving improperly targeting Tea Party and other conservative groups, has decided to retire. At an American Bar Association conference on May 10th, Lerner hinted at …

Google Is Suing The IRS For $83.5 Million Google Is Suing The IRS For $83.5 Million

Google is suing the IRS for an $83.5 million refund, the company claims it is owed, related to stock warrants granted to AOL back in 2004. The news comes from Bloomberg, which reports: The IRS erred in disallowing a $238.6 …

IRS Star Trek Parody Video Is Hilariously Awful IRS Star Trek Parody Video Is Hilariously Awful
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An IRS Star Trek parody video has prompted a formal apology from everybody’s favorite government agency. Faris Fink, an IRS executive who appears in the video as Mr. Spock, apologized for the video and for some of the IRS’s other …

IRS Says It Obtains Warrants When Searching Emails IRS Says It Obtains Warrants When Searching Emails

Late last week, the ACLU reported that the IRS probably obtained emails without a warrant. The group came to this conclusion after an agency handbook from 2009 said that Internet users “do not have a reasonable expectation of privacy.” Now …

Congressman Wants The IRS To Explain Itself Congressman Wants The IRS To Explain Itself

It was revealed earlier this week that the IRS probably digs through your email without a warrant during its investigations. It’s able to do this thanks to the outdated ECPA which allows government agencies to obtain emails that are more …