Melissa Gilbert is in trouble with the IRS. According to CBS News, the Internal Revenue Service says former Little House on the Prairie star Melissa Gilbert failed to pay more than $360,000 in federal income taxes from 2011-2013. The Detroit…
Tax Advice: 5 Dirty Tax Scams to Watch Out for This Year
Some tax advice is not worth the hot air that pushes it out of a crooks mouth. The IRS has put together a list of a dozen tax season pitfalls that Americans need to be on the lookout for. Some…
Microsoft Sues IRS For Not Delivering On FOIA Request
Microsoft has sued the IRS in relation to a Freedom of Information Act request. The company wants information related to an IRS investigation into its tax records as it conducts an audit. The audit focuses on a fee charged between…
ER Star Mekhi Phifer Files For Bankruptcy
Former ER star Mekhi Phifer is the latest celebrity to find themselves in a hole when it comes to their finances, TMZ reports. On April 22, 2014, Phifer reportedly filed for bankruptcy. He claims that he only has $67,701 in…
Gisele Audited by IRS After Listed as Forbes’ Highest-Paid Model
Brazilian supermodel, Gisele Bundchen, was recently reviewed by the IRS after making “The World’s Highest-Paid Models of 2013” list on Forbes. According to Forbes, the 33-year-old earned $42 million last year and “replaced Beyoncé as the face of H&M, reportedly beat out…
IRS Tax Filing Deadline Pain Lessened With Yummy Deals
April 15, also known as Tax Day, is upon us again. While some people like to file their taxes with the IRS early on–especially if they’re getting a refund–others wait until the last minute. Whether you were the early bird…
IRS: Bitcoins Are Property And Absolutely Taxable
Good news and bad news has just come down the pipe courtesy of the IRS. The good news? Bitcoins have received a huge boost in terms of U.S. government recognition. The bad news? If you were hoping to invest in…
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
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…