Debt to the IRS: Which debtors settle, who don’t care – The facts –

Debt to the IRS: Which debtors settle, who don’t care – The facts
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Approximately 60% of the overdue debts of households and businesses to the tax office come from unpaid taxes, while the remaining 40% concerns fines, loans, court costs and imputations. Debtors with debts of up to 10,000 euros try to close their open tax accounts by including their debts in regulation. On the contrary, the big … Read more

In the sights of the IRS are the purboirs – When are they considered income – 2024-10-05 20:50:33

In the sights of the IRS are the purboirs – When are they considered income
 – 2024-10-05 20:50:33

The tip is targeted by the tax authorities, which can become a trap if certain rules are not followed. A decision of the Supreme Court states that even the small amount left by clients to the employee is a salary. Speaking to SKAI, G. Kourasis, vice-president of the Federation of Restaurateurs, said that according to … Read more

AADE: Targeting black incomes – Cases that are time-barred – 2024-10-05 01:55:46

AADE: Targeting black incomes – Cases that are time-barred
 – 2024-10-05 01:55:46

The AADE sends thousands of “rabasaki” with taxes and fines for “sins” of the past to taxpayers who are found to have hidden income or not submitted declarations. In the “eye” of the tax auditors are employees and pensioners with undeclared retroactive and earnings, taxpayers with earnings from abroad, property owners with undeclared income, professionals … Read more

IRS: How to achieve a “haircut” of up to 50% in fines – 2024-10-04 08:20:38

IRS: How to achieve a “haircut” of up to 50% in fines
 – 2024-10-04 08:20:38

Taxpayers must fill out a special declaration of confession of the tax offenses they have committed in order to get a “haircut”, at the tax office, of the fines from 25% to 50%. With the declaration of acceptance of the debt confirmed in the context of the audit, the taxpayers waive the right to appeal … Read more

Taxation: Change of plan for cryptocurrencies – Who will be taxed and how – 2024-10-03 06:56:32

Taxation: Change of plan for cryptocurrencies – Who will be taxed and how
 – 2024-10-03 06:56:32

On the table again is the tax treatment of cryptocurrencies by the Ministry of Finance, after the abolition of the committee that was established last spring and had not had time to complete its work. According to exclusive information of “Sunday’s Step”, in the next few days a committee will be re-established which will be … Read more

IRS: Scans the accounts of over 1,000 influencers – What is it looking for? – 2024-10-02 05:21:29

IRS: Scans the accounts of over 1,000 influencers – What is it looking for?
 – 2024-10-02 05:21:29

The Independent Inland Revenue Authority “scans” social media accounts used by “influencers” daily to see if the posts they make are related to commercial activity and, most importantly, if the money they receive shows up in their bank accounts and of course if they are recorded in their annual tax returns. Especially in the case … Read more

Tax Office: The conditions for a 50% “cut” in fines – 2024-09-28 22:19:30

Tax Office: The conditions for a 50% “cut” in fines
 – 2024-09-28 22:19:30

Taxpayers who admit to concealing income and other tax violations identified by the tax audit mechanism will have the opportunity to close open accounts with the tax office, earning a 25% to 50% reduction in fines. With the new permanent out-of-court settlement process which is activated from October 1, 2024, those who find themselves with … Read more

Tax Office: Dentists, taxi drivers and plumbers declared an income of less than 1,000 euros – 2024-09-19 09:41:29

Tax Office: Dentists, taxi drivers and plumbers declared an income of less than 1,000 euros
 – 2024-09-19 09:41:29

Analysis of tax return data again shows that the majority of freelancers report losses or meager incomes. Those who appear by far the poorest for the Tax Office are the owners of bars and hair salons, followed by restaurateurs and those who run car repair shops. On the contrary, the situation seems to be better … Read more

AADE: An unpaid call will deprive you of tax awareness – What is changing – 2024-09-01 17:47:03

AADE: An unpaid call will deprive you of tax awareness – What is changing
 – 2024-09-01 17:47:03

Citizens should hurry to settle the open “accounts” they have with the municipalities. From September 1st even an unpaid summons from the Municipal Police for illegal parking will automatically block the issuance of the tax notice. On Sunday, AADE’s new interoperability service for issuing tax information is activated. Tax awareness This means that the tax … Read more

IRS: What pending matters you need to close by the end of the year – 2024-09-01 04:41:19

IRS: What pending matters you need to close by the end of the year
 – 2024-09-01 04:41:19

The open accounts they have with the tax authorities should be closed by the end of the year by thousands of taxpayers by submitting an initial or amending tax return, without the threat of fines. They belong to this category employees and pensioners who in 2023 received retrospectively amounts of wages and pensions, those who … Read more