After the European Union antitrust commissioner announced earlier this week that Apple received preferential treatment in terms of taxes and owes Ireland €13 billion or so for 10 years’ worth of back tax, Apple CEO Tim Cook is calling the whole thing “total political crap.” [More]
Did you pay your taxes in 1995? More importantly, can you prove it? That’s the problem facing a California man who insists he paid his taxes 17 years ago and is now being forced to prove it. [More]
When Wachovia closed its bank branch in Shoemakersville, PA, last month, a spokesperson made it sound like it was part of a normal review of locations. Local newspaper the Reading Eagle, however, found out that the bank lost the branch last September in a tax sale, when a local company bought the building for only $16,900.
JK Harris & Company is a tax-relief company in South Carolina that promises to help people settle IRS debts for “pennies on the dollar” by helping them file an Offer in Compromise (OIC) on their behalf. What they didn’t tell consumers is that “the IRS accepts only a small number of these kinds of cases,” writes digtriad. What they also didn’t mention is that they’ll accept your money even if they know you won’t qualify for an OIC, and they won’t give refunds. “In many cases, JK Harris did not even apply to the IRS to help consumers as promised. But the company still refused to give those consumers their money back.” Now JK Harris has made an agreement with attorneys general in 18 states to change its advertising and pay $1.5 million in restitution.