Most people don't know this, but if you settle a debt for less than the amount you owed, you are potentially responsible for taxes on the forgiven de….
Form 1040 was chosen by the IRS because for every $50 you earn, you get 10 and they get 40..
IRS is very poorly equipped to make a distinction between what is a religion and what is not..
Only in America does 'health' 'care' 'reform' begin with the hiring of 16,500 new IRS agents tasked with determining whether your insurance policy me….
There are already current laws on the books and there are - and jurisdictions. The IRS can come in and do any kind of investigation of a person..
Few of us ever test our powers of deduction, except when filling out an income tax form.
I've never really had a hobby, unless you count art, which the IRS once told me I had to declare as a hobby since I hadn't made money with it..