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81%  
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Keyword: taxliability

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  • How far back can the IRS claim you owe money?

    04/20/2025 4:55:24 AM PDT · by where's_the_Outrage? · 30 replies
    CBS News ^ | Feb 27, 2025 | Angelica Leicht
    Tax season can be a bit stressful for many Americans, but for those with unfiled returns or back taxes, the stress levels can be overwhelming. The Internal Revenue Service (IRS) is one of the most powerful collection agencies in the country and it has considerable power to pursue any unpaid taxes you owe. The agency also has a long memory when it comes to collecting what it's owed. That said, the IRS can't come after you for your old tax debts indefinitely. Most debts have statutes of limitations that eventually render them uncollectible — and the same is true for...
  • Earth to Democrats/media: All smart people try to minimize their tax liability

    09/27/2016 3:21:20 PM PDT · by Sean_Anthony · 18 replies
    Canada Free Press ^ | 09/27/16 | Dan Calabrese
    Preferably to zero. You’re a fool if you don’t. One of the reasons I hate politics is that political people exist in a world completely divorced from the reality in which normal people live. In the fantasy world of political people, the most wonderful and high-minded thing you can do is fork over an enormous chunk of your wealth to the federal government, because this is how you keep everyone else living, breathing, fat and happy. And in this fantasy world, anyone who would not want to do this is a greedy pig, beneath contempt and unworthy of a place...