• Dec, Thu, 2014
  • 5 minutes Read
Historical Highlights of the IRS

Historical Highlights of the IRS 1862 – President Lincoln signed into law a revenue-raising measure to help pay for Civil War expenses. The measure created a Commissioner of Internal Revenue…

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  • Dec, Wed, 2014
  • 2 minutes Read
Brief History of IRS

Brief History of IRS Origin The roots of IRS go back to the Civil War when President Lincoln and Congress, in 1862, created the position of commissioner of Internal Revenue…

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  • Dec, Wed, 2014
  • 2 minutes Read
2014 Standard Mileage Rates

The Internal Revenue Service today issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning…

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  • Dec, Wed, 2014
  • 6 minutes Read
Offers In Compromise

An offer in compromise (OIC) is an agreement between a taxpayer and the Internal Revenue Service that settles the taxpayer’s tax liabilities for less than the full amount owed. If…

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