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Federal Taxes Too High, Say Americans

Federal Taxes Too High, Say Americans

By Sean Patterson April 14, 2014

With the deadline to file 2013 taxes approaching fast, more Americans are now coming face-to-face with just how much they own Uncle Sam. As the U.S. has always had an interesting relationship to taxes, it isn’t surprising that most Americans …

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 Filing- Delays and Changes You Should Know About Tax Filing- Delays and Changes You Should Know About

If you usually get a big tax refund, you are probably excited to file your 2013 taxes. If you have to pay in, you may want to put it off as long as possible. Many people have a hard time …

IRS.Gov Offering Free Tax Filing IRS.Gov Offering Free Tax Filing
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It’s time to file your taxes and when it comes to choosing a place to have them done, you have a lot of options. More people are opting to do their own taxes online. Not only has filing online gotten …

Cristina Fernandez Accused of Funneling Tax Money Cristina Fernandez Accused of Funneling Tax Money

The president of Argentina, Cristina Fernandez, has found herself under fire recently due to accusations published in investigative news reports in an Argentine newspaper. The article accuses president Fernandez of funneling taxpayer money into expensive resort hotels owned by an …

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 …

Hog Hammock Slave Community Faces High Taxes Hog Hammock Slave Community Faces High Taxes
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The tiny community of Hog Hammock on Sapelo Island in Georgia is one of the earliest freed slave settlements, and it is still home to descendants of the original owners. That may change though, as the Gullah-Geechee people in the …

Powerball: Someone in SC Won $400 Million Jackpot Powerball: Someone in SC Won $400 Million Jackpot
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Someone in South Carolina is a little bit richer after winning the $400 million jackpot in the Powerball lottery. The lucky winner, whose name hasn’t yet been released, was the only person to pick the following numbers in Wednesday’s night …

'Beanie Babies' Creator Ty Warner Pleads Guilty 'Beanie Babies' Creator Ty Warner Pleads Guilty

Harold T. Warner, CEO and founder of Ty Inc., the company most famous for the creation of the extremely popular stuffed animal collection known as “Beanie Babies” has agreed to put in a guilty plea on felony charges of tax …

Internet Tax Legislation Introduced In House Internet Tax Legislation Introduced In House
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Back in August, Sens. Ron Wyden and John Thune introduced legislation that would permanently extend the Internet Tax Freedom Act of 1998. The legislation prevents state and local governments from taxing Internet services. Now similar legislation has finally been introduced …

Dolce & Gabbana Sentencing: Taxes Too Expensive Dolce & Gabbana Sentencing: Taxes Too Expensive

A $193 tank top? A $795 belt? A $298 foulard? (For what it’s worth, “foulard” is hoity-toity for “scarf.”) All that money had to end up someplace. But as far as the Italian government is concerned, it didn’t go to …

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 …

Tim Cool Talks Taxes In Washington Tim Cool Talks Taxes In Washington

You may recall that Apple was on tap to testify at a Senate Permanent Subcommittee on Investigations hearing yesterday regarding accusations that it dodges taxes. As expected, Apple CEO Tim Cook denied the accusations. He did offer up his idea …

Lauryn Hill Gets 3 Months For Missed Taxes Lauryn Hill Gets 3 Months For Missed Taxes
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Last year, Lauryn Hill was charged for not paying taxes on over $1.8 million dollars she earned between 2005 and 2007. Despite the singer’s attempts to come to an arrangement, she was sentenced yesterday for three charges of tax evasion. …

Reuters: Google May Face Bigger Tax Bills In UK Reuters: Google May Face Bigger Tax Bills In UK

Google may face bigger tax bills in the UK, according to a report from Reuters, which says that Google executives and the company’s auditor Ernst & Young, will be called to a British parliament committee to testify, after Reuters’ own …

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 …