Doug Shulman

IRS: BP Payments For Lost Wages Should Be Taxable

AP | STEPHEN OHLEMACHER | Posted 05.25.2011

WASHINGTON — The Internal Revenue Service says oil spill victims who receive BP payments for lost wages will have to pay up come tax time. Unde...

Offshore Bank Accounts Revealed To IRS By 14,700 Taxpayers

AP | Curt Anderson | Posted 05.25.2011

MIAMI (AP)-- More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Re...