Free Republic

“Think of an audit as an investigation, an on-going investigation,” Goldburd said. “Any person that has legal counsel, their legal counsel will say, ‘If you’re under investigation, you should not be talking to the media, you should not be talking to anyone other than your legal counsel or through your legal counsel...‘” But can’t he release something, we asked? Nope. “I probably would not allow him to release anything,” Goldburd said. “He’s in the middle of an investigation...”

Donald Trump says he would like to release his tax returns to the public, but just can't. "I'm being audited now for two or three years, so I can't do it until the audit is finished, obviously. And I think people would understand that," the Republican front-runner said at Thursday night's Republican debate in Houston. The Internal Revenue Service and tax experts, though, say he can. "Nothing prevents individuals from sharing their own tax information," IRS spokesman Anthony Burke said in an email. Audits aren't out of the norm for someone with Trump's wealth, legal experts say, and there's nothing...

Donald Trump, Christian Martyr I was starting to doze off. The debate was all but over, and the exhaustion from the day was catching up with me, as was the scotch. The rush of finally seeing the candidates go after Trump in a serious way was wearing off replaced by a mix of dread and resignation that it may all be too little too late. (Note: I don't think it is, and I won't be giving into despair either, for reasons Charlie explains here.) I was only half listening when Donald Trump came into the spin room on CNN to...

"If you’re supporting this man after hearing this, I don’t know what to say"...

Dr. Carson: I never had an audit until I spoke at the National Prayer Breakfast. And then all of the sudden they came in and said, "We just want to look at your real estate dealings." And then they didn't find anything. And then they took a look at the whole year. And they didn't find anything. And then they looked at the next year and they didn't find anything. And they won't find anything... The fact is the IRS is not honest and we have to get rid of them.

Donald Trump claims he can't release his tax returns until he's done being audited by the IRS. But the federal agency on Friday said that's not true. "Federal privacy rules prohibit the IRS from discussing individual tax matters. Nothing prevents individuals from sharing their own tax information," a spokesperson for the IRS said in a statement. The Republican presidential front-runner's refusal to release his tax documents came up repeatedly during Thursday's GOP debate, hours after former Republican nominee Mitt Romney suggested that Trump's reluctance stems from the possibility there might be a "bombshell" in his taxes. "I want to [release...

Cyberattacks on taxpayer accounts affected more people than previously reported, the Internal Revenue Service said Friday. The IRS statement, originally reported by Dow Jones, revealed tax data for about 700,000 households might have been stolen: Specifically, a government review found potential access to about 390,000 more accounts than previously disclosed.

There's no legal restriction preventing him from releasing his tax returns, even if he's being audited...

Or maybe because, to quote Ben Carson, they’re looking at the fruit salad of his life. Fresh off of getting chased around the arena by a couple of lions, Donald Trump tried to explain to CNN’s Chris Cuomo why the IRS audits him so routinely, the excuse he gave during the debate for not releasing his tax returns. Trump claimed to be the victim of religious persecution:CLICK ABOVE LINK FOR THE VIDEO “I’m always audited by the IRS, which I think is very unfair. Maybe because of religion, maybe because of something else, maybe because I am doing this,...

Dr. Carason: I never had an audit until I spoke at the National Prayer Breakfast. And then all of the sudden they came in and said, "We just want to look at your real estate dealings." And then they didn't find anything. And then they took a look at the whole year. And they didn't find anything. And then they looked at the next year and they didn't find anything. And they won't find anything. The fact is the IRS is not honest and we have to get rid of them.

This example shows the importance of accuracy in your tax return. The IRS has returned the Tax Return to a man in New York City after he apparently answered one of the questions incorrectly. In response to the question, ... "Do you have anyone dependent on you?" the man wrote: ... "7.1 million illegal immigrants, 1.1 million crack-heads, 4.4 million unemployable scroungers, 80,000 criminals in over 85 prisons, plus 450 idiots in Congress and a group that call themselves Politicians." The IRS stated that the response he gave was unacceptable. The man's response back to the IRS was.... "Who did...

In June 2014, the IRS seized $153,907.99 from Ken Quran's bank account - his life savings - even though he did nothing wrong. . . the IRS may seize a person's bank assets if it discovers a pattern of frequent transactions under $10,000. Banks are required to report cash transactions over $10,000 and it's a crime if one tries to avoid that reporting by purposefully keeping all transactions below that amount. The laws are intended to suss out drug trafficking, money laundering and organized crime or terrorist activity. But the IRS doesn't need any evidence of wrongdoing before seizing the...

This is a well-known scam. Should I call them back and have some fun?

Americans will get back some $330 billion in tax refunds this year, and more than half of that is earmarked for savings accounts or paying down debt. That's the highest percentage since 2007. Related Stories 1. Millennials Fear Filing Taxes More than Most Americans, NerdWallet Survey Finds nerdwallet 2. Average Tax Refunds Are the Biggest and Smallest in These States Motley Fool 3. Plan On Squandering Your Tax Refund? Think Again TheStreet.com 4. Is Your Blood Royal? Your Last Name May Tell You. Ancestry Sponsored î‚€ Some 66 percent of individual taxpayers will get a refund check in 2016. According...

IRS Urges Public to Stay Alert for Scam Phone Calls IRS Special Edition Tax Tip 2015-18, October 21, 2015 The IRS continues to warn consumers to guard against scam phone calls from thieves intent on stealing their money or their identity. Criminals pose as the IRS to trick victims out of their money or personal information. Here are several tips to help you avoid being a victim of these scams: Scammers make unsolicited calls.  Thieves call taxpayers claiming to be IRS officials. They demand that the victim pay a bogus tax bill. They con the victim into sending cash, usually...

Federal investigators Wednesday raided the Canton law office of state Senator Brian A. Joyce, a former assistant majority leader who has been under fire for alleged ethical lapses, including accepting free or discounted services and charging his campaign fund for a family party. In early afternoon, more than a dozen FBI agents entered the law office building in downtown Canton as passersby stopped to watch. The agents removed dozens of boxes that appeared to contain records during a raid that lasted for several hours. "The FBI and the IRS are conducting court-authorized activity in connection with an ongoing investigation," said...

A heated argument erupted Thursday at a hearing on the IRS, with Democrats and Republicans trading charges about the work of the Oversight Committee. Two Democrats on the panel accused their GOP colleagues of repeatedly holding hearings on the IRS for political reasons. In his opening statement, Oversight Committee ranking member Rep. Elijah Cummings (D-Md.) complained that the hearing was the 23rd held about the IRS in recent years. "Unfortunately, Republicans have become obsessed with investigating any and every allegation relating to the IRS, no matter how small," he said. He said Republicans are frustrated that they have never found...

COLORADO SPRINGS, Colo. (CBS4) - It's a new twist on the old IRS scam and it ended with a Colorado Springs woman being surrounded by the SWAT team. According to KKTV, police swarmed the home on Windy Oaks Road near Northgate and Highway 83 on the north side of Colorado Springs on Tuesday after receiving several 911 calls. One call said the homeowner, Jim Davis, was threatening to kill other people. In another call someone pretending to be Jim Davis said armed men were outside demanding money.

Both cybersecurity and customer service at the Internal Revenue Service have suffered because of Obamacare, the agency's head said in remarks to Congress on Thursday. "Congress, as I noted in my testimony, has underfunded the Affordable Care Act," IRS Commissioner John Koskinen told a panel of the House Appropriations Committee. "That does not remove the statutory mandate we have that we have to implement the act."

The Internal Revenue Service said Tuesday that it identified an automated attack on its computer systems aimed at getting information that could be used to steal tax refunds. The agency said identity thieves last month used personal data of taxpayers that was stolen elsewhere in an attempt to generate e-file personal identification numbers to file fraudulent returns and claim tax refunds.