WASHINGTON, Wednesday, April 18, 2007 — The American Red Cross Board of Governors has unanimously approved Mark W. Everson, currently serving as Commissioner of Internal Revenue, to become the next president and CEO of the Red Cross, effective May 29, 2007. The vote was taken at a regularly scheduled meeting of the full Board.
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Originally posted by George Boutwell View PostWASHINGTON, Wednesday, April 18, 2007 — The American Red Cross Board of Governors has unanimously approved Mark W. Everson, currently serving as Commissioner of Internal Revenue, to become the next president and CEO of the Red Cross, effective May 29, 2007. The vote was taken at a regularly scheduled meeting of the full Board.ChEAr$,
Harlan Lunsford, EA n LA
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It's spelled Olson
Originally posted by veritas View PostNina "The tax gap" Olsen?
Given the current level of discussion about political appointments in Washington -- I'll keep my mouth shut.
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I don't know what you all are complaining about with Mark W. Everson's job with the IRS. At least the IRS has let-up a little on collection enough that taxpayers have not been committing suicide like in past years.
Also, I have not see (during his administration) random selection of taxpayers for audit (harassment) as it appears the IRS has been more selective on audits for potential tax fraud and cheaters. I have not had a single audit during his administration.
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Neither have I, but
Originally posted by OldJack View Post
...Mark W. Everson...I have not had a single audit during his administration.
Things are probably going to get a bit tighter. Here's an item of interest from that pamphlet "SSA/IRS Reporter" that is enclosed with the blank quarterly 941 forms package.
"...in his Fiscal Year 2007 budget proposal, the President asked Congress to further strengthen enforcement and submitted five legislative proposals designed to reduce the tax gap and improve tax administration:"
One of those proposals is this: "Expanding beyond income taxes the requirement that paid return preparers sign returns and imposing a penalty when they fail to do so."
I suppose they're talking about having us sign and swear to the accuracy of the 941s on which I think probably lots of small businessmen understate wages paid to save on payroll taxes.Last edited by Black Bart; 04-24-2007, 04:18 PM.
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Signing 941's
Originally posted by Black Bart View Post
One of those proposals is this: "Expanding beyond income taxes the requirement that paid return preparers sign returns and imposing a penalty when they fail to do so."
I suppose they're talking about having us sign and swear to the accuracy of the 941s on which I think probably lots of small businessmen understate wages paid to save on payroll taxes.
The state of Texas has required that the preparer's name be listed. I questioned this and was told that if the taxpayer was audited, and payments such as contract labor was reclassified as wages, then the preparer was going to be fined for filing an incorrect return.Jiggers, EA
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