The Internal Revenue Service's policy that allows it to award bonuses to employees who haven't paid their taxes is wrong. So is rewarding employees who faced disciplinary action. That, however, is what happened. A Treasury Inspector General for Tax Administration (TIGTA) audit found that the IRS paid $2.8 million in bonuses to employees with recent […]
BUZZ, BUZZ. The BUZZ is back!* Donald Rumsfield, Secretary of Defense from 1975 to 1977 under Gerald Ford and again from 2001 to 2006 under Dubya, agrees that the US Tax Code is a mucking fess. He shares his frustration with the complexity of the Code in a letter to the IRS. Click here to read the letter. * Fellow tax-blogger Joe Kristan of THE ROTH AND C […]
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TAX SEASON ENDSApril 15th, 2014
Last day to file your tax return or extension timely.