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Hubbard Guilty
Now, What About the Rest of ‘Em? How is it that our elected politicians often times elevate themselves to be above the law, even when caught absolutely “red-handed?” Their first defense, always, is that their prosecution is politically motivated. I’m sorry, but if you break the law, and especially if there is so much irrefutable…
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Injured Spouse Cases Not Always Timely Resolved
The IRS is required by law to apply a taxpayer’s tax refund to any past-due Federal tax debt, child or spousal support debt, Federal agency nontax debt (such as a student loan), or State income tax obligation before issuing the refund. If a taxpayer files a joint tax return resulting in a refund, that refund…
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3rd Qtr 2016 Interest Rates
The Internal Revenue Service announced yesterday that interest rates will remain the same for the calendar quarter beginning July 1, 2016. The rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; four (4) percent for underpayments; six (6) percent for large corporate underpayments; and 1 and one-half (1.5)…
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Life Events
George Bernard Shaw once said, “Everything happens to everybody sooner or later if there is time enough.” George Bernard Shaw was Mostly Correct This past Saturday, Pam and I attended a wedding. June is a very popular month for such an event and here in Alabama in late Spring, the weather can be friend or foe to an outdoor…
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Common Law Marriage Abolished In Alabama
During the 2016 session of the Alabama legislature, House Bill 332 was introduced by Representative Mike Jones, Jr., of Alabama’s 92nd District. The bill was signed into law by Governor Robert Bentley on May 3, 2016, and it effectively abolishes future common law marriage in Alabama. Specifically, the new law states that “no common-law marriage…
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IRS Warns of Latest Scam Variation Involving Bogus “Federal Student Tax”
The Internal Revenue Service issued a warning about bogus phone calls from IRS impersonators demanding payment for a non-existent tax, the “Federal Student Tax.” Even though the tax deadline has come and gone, scammers continue to use varied strategies to trick people, in this case students. In this newest twist, they try to convince people to wire…
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Memorial Day Weekend 2016
Turn off that TV and get outdoors this weekend and enjoy yourself. And don’t forget to take a moment and give thanks for all of those men and women who died while serving our country. Memorial Day is a federal holiday in the United States for remembering the people who died while serving in the…
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Five Individuals Arrested for Fraud in IRS Phone Scams
WASHINGTON — J. Russell George, Treasury Inspector General for Tax Administration (TIGTA), announced the arrests of five individuals based upon criminal complaints alleging that they were involved in schemes to impersonate Internal Revenue Service (IRS) agents and use the threat of arrest to obtain money from victims by falsely representing that the victims owed back…
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Mark Your Calendars
Our office will be closed Monday and Tuesday May 23rd and 24th, for continuing professional education. The staff will be attending the 2016 ALSEA Spring Seminar in Birmingham, a two day event designed to provide up-to-date crucial training that will be of great importance to many of our clients in the coming months. Our Enrolled…
