Latest Revenue Ruling Stories

2009-03-31 19:29:09

An Internal Revenue Service official has pleaded guilty to filing a false tax return, U.S. officials said Tuesday. Jim Liu of Diamond Bar, Calif., has pleaded guilty to filing a tax return in 2002 that claimed he suffered a loss on a real estate transaction when in fact he made a profit, a government statement said. He faces up to three years in federal prison. Liu is an IRS revenue agent and conducts audits of taxpayers. The statement said Liu sold property in Pomona, Calif., for a profit of...

Word of the Day
  • A style of popular dance music originating along the border between Texas and Mexico, characterized by the use of accordion, drums, and 12-string bass guitar and traditionally based on polka, waltz, and bolero rhythms.
The word 'conjunto' comes through Spanish, from Latin coniūnctus, past participle of coniungere, to join together; see conjoin