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IRS To Audit College Coaches
IRS to audit college coaches salaries ! Sale of corporate sponsorship packages, Compliance Project, and tax exempt organizations. Will alter college athletics business! IRS last year audited non-prof...
Posted on 5/24/10 at 3:23 PM
More blog posts about irs

Individual income tax brackets adjusted

The Minnesota Department of Revenue announced this week that the state’s individual income tax brackets for tax year 2011 will expand by 1.5 percent.

By Staff Report , December 19, 2010

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IRS begins notifying tax return preparers on PTIN renewals

The Internal Revenue Services has begun notifying about 1 million tax return preparers to remind them that they must renew their Preparer Tax Identification Numbers (PTIN) if they are still paid preparers

By Staff Report , October 30, 2010

Tax deadlines for extension filers, non-profits loom

Friday, October 15 is a key deadline for an estimated 179,600 Minnesotans who requested an extension to file their 2009 federal income tax returns. It is also a crucial due date for as many as 5,500 small nonprofit organizations in Minnesota at risk of losing their tax-exempt status.

By Staff Report , October 14, 2010

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Alexandria man sentenced to nearly three years in prison for mortgage fraud

A 61-year-old Alexandria man was sentenced yesterday in federal court in Minneapolis on charges connected to a scheme to defraud mortgage lenders and others out of more than $800,000.

By Staff Report , October 07, 2010

IRS highlights job opportunities for new grads on YouTube

The Internal Revenue Service has announced the availability of a new job search tool on YouTube dedicated to helping job seekers learn about employment opportunities at the IRS.

August 18, 2010

Smart ways to spend your tax refund

You did it. You pulled together your tax information, got your return prepared. Maybe Uncle Sam has received it, or maybe you filed an extension.

August 04, 2010

IRS highlights job opportunities for new grads on YouTube

The Internal Revenue Service now has a new job search tool on YouTube dedicated to helping job seekers learn about employment opportunities at the IRS.

By Staff Report , July 10, 2010

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Energy-saving home upgrades can bring money at tax time

The Internal Revenue Service reminds taxpayers that some energy-saving tax benefits enacted in last year’s American Recovery and Reinvestment Act are still in effect in 2010.

By Staff Report , July 05, 2010

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Parents can get tax credit for sending kids to day camp

Many working parents need to arrange for care for their children when school is out. A popular solution – with a tax benefit – is a day camp program.

By Staff Report , July 04, 2010

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IRS offers nine tips about new tax on tanning services

Starting this month, many businesses offering tanning services must collect a 10 percent excise tax on the tanning services they provide.

By Staff Report , July 04, 2010

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Selling items at garage sales or on eBay may have tax implications

Long before eBay existed, garage sales and classified ads helped people unload unwanted items. To figure out if sales have tax implications, H&R Block advises sellers to know how to determine if the resulting cash is reportable taxable income and if the IRS classifies the particular activity as casual selling, a hobby or a business.

By Staff Report , May 31, 2010

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Form to claim payroll tax exemption for hiring new workers now available

The Internal Revenue Service has posted on its website the newly-revised payroll tax form that most eligible employers can use to claim the special payroll tax exemption that applies to many new workers hired during 2010.

By Staff Report , May 23, 2010

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IRS offers details on new small business health care tax credit

The Internal Revenue Service has issued new guidance to make it easier for small businesses to determine whether they are eligible for the new health care tax credit under the Affordable Care Act and how large a credit they will receive.

By Staff Report , May 22, 2010

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Alexandria couple face felony tax charges

The Minnesota Department of Revenue announced Friday that the Douglas County Attorney’s Office recently charged David Hansen, 33, and Laura Hansen, 31, both of Alexandria, with three felony tax crimes.

May 19, 2010

'Doomsday' nears for small non-profits

May 17, 2010 is being called “doomsday” for many small non-profit organizations in Minnesota.

By Al Edenloff , May 12, 2010

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