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Irs News

Tax fight looms large in Energy Future restructuring

As Energy Future Holdings prepares for what could be one of the largest-ever U.S.
In the Media by Nick Brown and Billy Cheung (Reuters)

Op-Ed: Bankruptcy hounds Pacquiao as IRS, BIR take legal options

The Philippines' Bureau of Internal Revenue (BIR) appears to have scored another legal victory in its effort to collect outstanding tax dues from Manny Pacquiao and wife Jinkee estimated at $50 Million.
In the Media by Leo Reyes

Op-Ed: Pacquiao's $20 million fight purse not enough to pay Uncle Sam

Top Rank Promotions owner Bob Arum is reportedly paying eight-division world champion Manny Pacquiao a guaranteed sum of $20 million to face unbeaten WBO welterweight champ Timothy Bradley in a rematch at the MGM Grand in Las, Vegas, Nevada.
In the Media by Leo Reyes

Op-Ed: Floyd Mayweather not ready to face Manny Pacquiao next year

Floyd Mayweather has been busy in the last couple of days engaging potential opponent Manny Pacquiao in a comical and sometimes insulting play of words to make it appear that he is now ready to face Pacquiao in the ring after three years of failed talks.
In the Media by Leo Reyes - 1 comment

Op-Ed: Manny Pacquiao could lose his next fight in the US

Filipino boxing superstar Manny Pacquiao could lose every cent he expects to make in his upcoming fight in the U.S. which is tentatively scheduled for April or May possibly against unbeaten American boxer Timothy Bradley or Mexican Juan Manuel Marquez
In the Media by Leo Reyes

Op-Ed: Why Manny Pacquiao needs to hire credible financial manager

I don't have anything bad against Manny Pacquiao's Canadian Adviser Michael Koncz, who is reportedly acting or has acted as manager of MP Promotions USA, Inc., a Las Vegas, Nevada, registered company reportedly owned by Pacquiao.
In the Media by Leo Reyes

Op-Ed: Manny Pacquiao next fight purse not enough to pay US tax dues

If Manny Pacquiao gets $18 million — the same amount he was reportedly paid by his promoter when he fought Brandon Rios in Macau — it won't be enough to settle his tax obligations with the US Internal Revenue Service (IRS).
In the Media by Leo Reyes

Op-Ed: Who's telling the truth on Manny Pacquiao's tax woes?

Manny Pacquiao's promoter Bob Arum says his company, Top Rank Promotions has been religiously remitting at least 30% of Pacquiao's taxable income in the US to the Internal Revenue Service (IRS) but a TMZ report says Pacquiao still owes IRS $18 million.
In the Media by Leo Reyes

Op-Ed: Manny Pacquiao needs senate seat in 2016 national elections

Filipino boxing superstar Manny Pacquiao has about eight years to prepare for the 2022 presidential elections if indeed he has the presidency in mind.
In the Media by Leo Reyes

IRS cracks down on small business for under-reporting cash sales

Believing many small businesses under-report cash sales, the IRS has targeted thousands of small businesses with a high volume of credit card sales. Businesses that receive a letter on the issue have 30 days to respond.
In the Media by Mike White - 2 comments
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Tax experts advise people to file early and to file on line as a way to help avoid identity theft  a...
IRS web site
Tax experts advise people to file early and to file on line as a way to help avoid identity theft, as well as miscalculations and other clerical mistakes.

Irs Blogs

Op-Ed; Did Sarah Hall Ingram save Obama-care?

Sarah Hall Ingram, the IRS official who is being held responsible by some for the IRS Scandal that targeted groups for...
May 22, 2013 by Keith Terceira

Op-Ed: Did Tea Party protests in 2010 unleash Tax Man?

Let the games begin! January 19th, 2010 Scott Brown, Republican, is elected to Ted Kennedy's seat in senate with Tea...
May 22, 2013 by Keith Terceira

Op-Ed; Were Lerner, Moe and Curly running the IRS!

One thing evident during both the Congressional and Senate hearings into the IRS scandal, nobody knows anything, the...
May 21, 2013 by Keith Terceira

Smoke and Mirrors; 2011-12 uptick in 501(c)4 applications less than 2001-2002

With more time on my hands that I care to admit, research into the IRS and the alleged reasoning behind the targeting...
May 20, 2013 by Keith Terceira

Op-Ed: Hatch Act may apply to IRS Mess!

Reports regarding the growing IRS scandal often mention violations to the Hatch Act. The Hatch Act of 1939 was amended...
May 17, 2013 by Keith Terceira
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