5 Things You Should Know About An Offer In Compromise To Settle Your Debt
Celebrity Tax Troubles: Floyd Mayweather Needs A "Reprieve."
It is sometimes possible to wipe your tax slate clean at an enormous discount. If you qualify for something known as the Offer In Compromise, referred to as an "Offer" or "OIC," the IRS will accept less than the amount a taxpayer owes on a tax bill and call it even.
Celebrity Tax Tuesday: Soccer Stud, Cristiano Ronaldo Gets Kicked For Tax Evasion.
Floyd Mayweather says he can't pay off his 2015 tax liability until after he gets paid from his Aug. 26 fight against Conor McGregor.
Debts Be Damned! Johnny Depp's Got A True Friend In Orlando Bloom.
A Spanish state prosecutor accused Real Madrid (that's the name of the team) soccer star Cristiano Ronaldo of defrauding Spain’s tax office of 14.7 million euros ($16.5 million) in unpaid taxes on Tuesday. Holy Red Cards!
Celebrity Tax Tuesday: Michael 'The Situation' Sorrentino - more tax fraud?
Orlando Bloom steps up for his brother from another mother, Pirates co-star Johnny Depp.
5 Tips for Musicians to Avoid IRS Interference
Legal problems for Jersey Shore star Michael "The Situation" Sorrentino just got worse after a federal grand jury Friday returned a new indictment containing additional charges of tax evasion and other federal crimes.
"Virtual Currency"?! It's Here. And It's Taxable.
It's a fact of life that bears repeating: The IRS does not screw around, no matter who you are or how good you sound.
Virtual currency like Bitcoin has shifted into the public eye in recent years. Some employees are now being paid with Bitcoin, more than a few retailers accept Bitcoin as payment, and others hold the e-currency as a capital asset. Recently, the Internal Revenue Service clarified the tax treatment of Bitcoin and Bitcoin transactions.