Timothy Geithner is an experienced financial leader (previously). He is President Obama's pick to run the Treasury Department, which includes the Internal Revenue Service. The problem is that Mr. Geithner did not pay more than $30,000 in taxes, even his employer reminded him to do so. Now his nomination may be in jeopardy. Is Mr. Geithner the new Zoe Baird?
posted by Slap Factory on Jan 14, 2009 - 63 comments

Tax Info for Musicians. Musicians and taxes don’t seem to mix very well. Taxes and administrating the business of music are often last on the list of concerns for the working musician. The above link gives some helpful tips on what to look for and some simple dos and don'ts. Also, here's some information on the often confusing Section 179 Deduction and a list of common deductible business expenses
posted by psmealey on Dec 28, 2007 - 19 comments

"Survivor" winner Richard Hatch didn't declare his million bucks to the IRS. He'll be arraigned Jan 24.
posted by CunningLinguist on Jan 18, 2005 - 53 comments

Rumors abound about the legality of the IRS, and about people who've managed to avoid paying income taxes based on the lack of legality of the IRS itself. Is any of this real, or simply people trying to make a buck selling a book or two? And if the IRS is fraudulent, what can a citizen without massive fundage do to fight it?
posted by woil on Aug 25, 2003 - 30 comments

Karl Frank Kleinpaste is on trial defending himself for tax evasion claiming that he lives in the 'Democratic Republic of Pennsylvania' and is therefore not duty bound to pay federal income tax. Some think that this will not go very well for him while others encourage the masses to do the same.
posted by Raichle on Nov 21, 2002 - 28 comments

Another problem with the alternative minimum tax. One of the problems with this tax was discussed back in May when it was realized that the AMT would substantially cut into the tax rebates of many. Now there is a new twist: People who did not cash out stock options before the downturn and are now sitting on a tax bill larger than all their assets combined.
posted by Nothing on Jun 19, 2001 - 6 comments

OK, Maybe I don't get the $300 tax rebate after all. More than one-quarter of all American adults will not get a tax rebate this year. Altogether, nearly 40 percent will not get the full amount of $300 for individuals and $600 for couples. Nationally, the study shows, 34 million American adults, or 26 percent, will get no rebate, and another 17 million, or 13 percent, will get less than the full rebate. This sucks. Why am I not surprised.
posted by tcobretti on Jun 11, 2001 - 45 comments

Dave Barry caught by the long arm of the law. The Pulitzer-winning humorist, who every year around this time puts out a column bemoaning income taxes, just found out he's being audited. Coincidence?
posted by OneBallJay on Mar 29, 2001 - 9 comments

Proposed IRS rule could limit the freedom to link. The US Internal Revenue Service is proposing a rule that might make it inadvisable for not-for-profit organizations to provide links on their Web sites to any political site. The IRS is proposing to interpret any link to a political site from the pages of a nonprofit as evidence that the nonprofit is "engaging in political activity" and thus in danger of losing its 503(c) status.
posted by lagado on Feb 5, 2001 - 8 comments

cisco and microsoft didn't pay federal taxes last year. it seems it has something to do with paying employee stock options instead....
posted by rebeccablood on Oct 9, 2000 - 6 comments