You’ve bought a lottery ticket or two in your time, right? The Powerball jackpot hits a kajillion dollars, and you realize you really can’t win if you don’t play. So you buy a ticket or two just to nurse that fantasy of champagne wishes and caviar...
Every year, the IRS Criminal Investigations unit (IRS-CI) releases a surprisingly entertaining report detailing their efforts to protect the Treasury from scammers, fraudsters, and cheats. This year’s edition reveals that, due to budget cuts, activity is...
The 2016 presidential election is 20 months away. Sadly, for those of us who don’t watch C-SPAN for fun, that basically means it’s right around the corner. (Keep a sharp eye out for negative campaign ads, coming soon to a TV near you!) Candidates are...
Americans have been complaining about income taxes since the IRS unleashed the first Form 1040 on us back in 1913. Sure, we all hate paying them. But as the tax code has ballooned to twice the length of the Bible (with none of the good news), preparing them has become...
This time of year, taxpayers across America are scrambling to put together their last year’s mileage records. First you’ve got to total up how many miles you drove for your trade or business. Then you’ve got to add up all the costs of operating your...