irs

Man Arrested After IRS Mistakenly Deposits $110K In His Account

Posted June 19th, 2011 by phonon
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Last September, Laguna Beach resident Stephen McDow found $110,000 deposited in his bank account, courtesy of the IRS. That same deposit has now landed him in hot water, according to CBS Los Angeles. McDow was subsequently arrested and charged with one felony of grand theft by misappropriation of lost property. He reportedly faces four years imprisonment and is currently being held on bail for the exact amount he first received: $110,000.

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Fear your neighbor? Feds expanding money-grab efforts

Posted April 14th, 2011 by brill
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Thousands of Americans are searching online for how to sell each other out, thanks to an IRS Whistleblower Program that awards a generous amount of the seized tax booty to the snitch. Also, Congress is considering denying passports to anyone suspected of owing taxes.

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A very well-made, humorous and intelligent End the Fed cartoon.

Posted January 6th, 2011 by vaporstation
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A well-made End the Fed cartoon. A bit corny at times, but the statism is kept to a minimum for the most part. 30 minutes long, spread it around.

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Judge orders Wells Fargo to pay back $203M in fees

Posted August 11th, 2010 by joestros
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Banks get accused and charged with fraud when they charge fees and interest in a voluntary contract. The IRS gets away with it without consent and uses the threat of force to extract the money. Which is worse?

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Miccosukee tribe launches counterattack against the IRS

Posted August 2nd, 2010 by thinkforyourself
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In a legal showdown with the IRS, the Miccosukees say their members don't owe any taxes on income they receive from the tribe's gambling operation -- a stance that sets them apart from possibly every Indian tribe with casinos in the United States.

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IRS Agent Didn't Report $41,842 in EBay Sales

Posted April 22nd, 2010 by jmn
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An Internal Revenue Service agent was found liable for back taxes and penalties for not reporting income on nearly 2,000 transactions on EBay Inc., the online auction site, according to the U.S. Tax Court.

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Suit says suicide followed IRS raid

Posted April 13th, 2010 by rancemuhamitz
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A northern Indiana man whose wife committed suicide three days after Internal Revenue Service agents raided their home is suing the U.S. government for wrongful death. Denise Simon and her 10-year-old daughter were the only ones home when about 10 armed IRS agents raided their residence on Nov. 6, 2007.

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The IRS Comes Knocking...........for four cents

Posted March 16th, 2010 by gimmiebreak
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The IRS is wasting money chasing money we shouldn't be paying anyway!

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IRS visits Sacramento carwash in pursuit of 4 cents

Posted March 14th, 2010 by parallax
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It was every businessperson's nightmare.

Arriving at Harv's Metro Car Wash in midtown Wednesday afternoon were two dark-suited IRS agents demanding payment of delinquent taxes. "They were deadly serious, very aggressive, very condescending," says Harv's owner, Aaron Zeff.

The really odd part of this: The letter that was hand-delivered to Zeff's on-site manager showed the amount of money owed to the feds was ... 4 cents.

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IRS to Track Online Sellers' Payment Transactions Beginning Next Year

Posted March 9th, 2010 by thedude
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Internet sellers who don't report their sales will no longer be under the radar. Starting next year, any bank or other payment settlement company that processes credit cards, debit cards, and electronic payments such as PayPal will have to issue information returns telling the IRS what merchants receive. The new returns are Form 1099-K, Merchant Card and Third-Party Payments.

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