IRS: Lionel Richie owes $1.1M in unpaid taxes

Deadly car crashes spike 6 percent on tax day

From refund to audit: 5 holidays for tax season

From refund to audit: 6 holidays for tax season

IRS 'nice bad guy' act has some side-effects

IRS chief warns of congressional inaction on taxes

IRS commissioner Douglas Shulman warned Thursday of a disastrous tax filing season next year if Congress puts off dealing with tax cuts that are set to expire at the end of the year or have already expired.

Average tax refund so far: about $3,000

Average IRS refund this year about $3k, chief says

That nice Internal Revenue Service refund check many families eagerly await this time of year is down slightly from 2011 but still not too shabby: an average of about $3,000.

IRS chief: Agency not targeting tea party groups

The Internal Revenue Service is not making it harder for tea party groups to attain tax-exempt status because of their political views, the agency's chief told Congress on Thursday.

ID theft turns filing your taxes into a nightmare

IRS battling conservatives over tax-exempt status

The Internal Revenue Service is embroiled in battles with tea party and other conservative groups who claim the government is purposely frustrating their attempts to gain tax-exempt status.

Lohan owes $140,000 more in back taxes

Justice Department calls Swiss Bank a "fugitive"

The U.S. Justice Department called Switzerland's largest private bank a fugitive from justice on Friday after it didn't send any representatives to a court hearing in New York, where it has been charged with conspired with American clients to hide $1.2 billion from the Internal Revenue Service.

US charges Swiss bank with aiding in tax fraud

The U.S. Justice Department says it has indicted Switzerland's oldest private bank, claiming it conspired with Americans and others to hide more than $1.2 billion in client assets from the Internal Revenue Service.

IRS says 105 targeted in identity theft sweep

The federal government has swooped down on 105 people in 23 states in the past week as part of a nationwide crackdown on identity theft and tax refund fraud that was timed to warn cheats to beware this tax season, the Internal Revenue Service said Tuesday.

Report: Shortchanging IRS budget hurts taxpayers

Congress is damaging the Internal Revenue Service by shortchanging its budget, making it harder for the agency to help taxpayers, detect fraud and bolster revenue collection even as budget deficits surge, a government watchdog said Wednesday.

IRS reviving program seeking offshore tax cheats

The Internal Revenue Service is reviving a program that lets Americans hiding their money abroad pay back taxes and penalties while avoiding criminal prosecution, an effort that in recent years has netted the government billions of dollars.

IRS estimate: 17 percent of taxes owed went unpaid

People and businesses underpaid their taxes by an estimated 17 percent in the most recent year studied, failing to send the government a massive $450 billion that it was owed, according to an Internal Revenue Service report released Friday.

IRS says audit rates have grown for the wealthy

If you earn less than $200,000 a year, there's a strong chance you don't have to worry about an Internal Revenue Service audit. But if you make more than $1 million annually, the odds have been rising that you'll be hearing from the tax man.

IRS sues Yankees' Hal Steinbrenner over tax refund

The Internal Revenue Service is suing New York Yankees managing general partner Hal Steinbrenner over what it calls an "erroneous" tax refund of more than $670,000.

No prison for NY woman who included booze in bribe

A nail salon owner who tried to quash a tax audit by offering an agent $18,000 and a bottle of tequila avoided prison time Wednesday but will have to spend a year confined to her home.

IRS boosts maximum 401(k) contribution to $17,000

The Internal Revenue Service is raising the maximum contribution that workers can make to their 401(k) pension plans without paying upfront taxes. The limit will rise by $500 to $17,000 next year.

IRS: Budget cuts would hurt service, raise deficit

Legislation that would trim hundreds of millions of dollars from the Internal Revenue Service budget would force significant cuts in the services it provides taxpayers and cost the government $4 billion annually in lost revenue, the agency warned Congress on Monday.

IRS gives employers break on misclassified workers

The Internal Revenue Service is offering a break to employers who come clean about wrongly classifying workers as independent contractors to avoid paying federal payroll taxes, the agency announced Wednesday.

12,000 tax cheats come clean under IRS program

About 12,000 tax cheats have come clean under a program that offered reduced penalties and no jail time to people who voluntarily disclosed assets they were hiding overseas, the Internal Revenue Service announced Thursday.

4.2 billion dollar theft from U.S. treasury! American taxpayers are on the hook for multi billions of dollars in fraudulent tax credits... Illegal alien immigrants pocketed up to 4.2 billion dollars in child care tax credits annually by using a government issued tax number …

Citadel lost $30 million in Facebook fiasco:

Sen. Max Baucus, D-Montana, chairman of the committee, announced the investigation into the Disabled Veterans National Foundation on Wednesday.  DO NOT SEND THESE PEOPLE MONEY ------>The Veterans will never receive it[Photo: stayclassy.org] 

Mitt Romney has invested his money around the world, from the Cayman Islands to Ireland to Australia. We don’t know if he’s using these accounts to avoid paying his fair share in taxes, but we do know that in 2010, Romney’s tax rate was a startlingly low 13.9% …

Facebook stock up slightly in public debut "Facebook stock up slightly in first day of trading after raking in $16 billion in IPO"  

What End of Bush Tax Cuts Means for You

The tea party movement is kicking into gear again, buoyed by the success of Richard Mourdock in defeating longtime Sen. Richard Lugar in Indiana's GOP primary. They're intent on proving that the movement is not dead, as so many commentators have declared. To that …

Should women be allowed to add make-up as a tax/work deductible?

I was chatting with an old gal friend of mine back in CA Deb, and she and I were talking about how much make-up cost and how she needs it for work, and then we ended up wondering why it's not considered a tax deductible for women that must look a certain way for the work place.& …

The right-wing has been lauding Facebook co-founder Edward Saverin for his decision to renounce his U.S. citizenship in order to avoid taxes. But he isn’t the only one who’s going to slash his tax bill in the wake of Facebook’s upcoming initial public offering …

Tea Party Patriots could prove to be a formidable force in Wisconsin given the size of its fundraising machine; Martin recently bragged that the group raised $12 million last year. And that could be problematic. As a nonprofit group, TPP is banned from devoting the bulk o …

According to an NBC affiliate in Indianapolis, illegal aliens are getting billions of U.S. tax dollars in refundable tax credits for nieces, nephews, and other relatives back in Mexico, because the IRS has allowed illegal aliens to claim such credits on their  …

Wealthy Americans are not the only taxpayers affected if the Supreme Court overturns all or part of the law. The Patient Protection and Affordable Care Act includes numerous tax provisions — both tax credits and tax hikes.

For most immigrants, the day they achieve U.S. citizenship is one of the most momentous in their lives. It's a long, arduous process to get there, involving years of residency, study of our nation's history, and the swearing an oath of allegiance. It's an honor that many would-be …

The Apple doesn't fall far from the Tree of Eden.

Why are the sheeple of religion so ignorantly blind I have always wondered.

After pressuring dues-paying corporations to ditch the American Legislative Exchange Council, the good-government group Common Cause has launched a new attack on the American Legislative Exchange Council (ALEC) by challenging its status as a tax-exempt nonprofit.  

 For 39 years, the Trinity Broadcasting Network has urged viewers to give generously and reap the Lord’s bounty in return.

For the last ten years Illegal Immigrants working in the US have been filing tax returns under a new individual tax return ID number.  They have caught on to the fact that if they claim they are supporting more children that they get much larger tax returns.  In on …

POLK COUNTY, Fla. - A major tax fraud investigation in Polk County landed 19 suspected thieves in jail.

Former Treasury Department economist Martin A. Sullivan recently produced a report, cited by the Times, which concludes that Apple skipped out on more than $2.4 billion in taxes (PDF) in 2011 by moving nearly 70 percent of its profits through overseas tax havens and using other t …

  Congressman Dan Burton (R – Ind) is frustrated – very frustrated – after learning the details of an Eyewitness News investigation. "Why in the world are we doing this?" he asked. "Are you kidding me? The cost to the American tax payer is huge!" The vet …

After pressuring dues-paying corporations to ditch the American Legislative Exchange Council, the good-government group Common Cause has launched a new attack on the American Legislative Exchange Council (ALEC) by challenging its status as a tax-exempt nonprofit. Late last wee …

A day after a front-page New York Times investigation highlighted the American Legislative Exchange Council (ALEC) as a “conservative nonprofit” that “acts as a stealth business lobbyist,” a good-government group announced it has filed an IRS complaint a …

Efforts to pass a bill that would allow the IRS to deny travel rights to U.S. citizens who the feds merely claim owe $50,000 or more in delinquent taxes represents a de facto move to revoke the citizenship of Americans without due process and in complete violation of the Co …

You’ve surely heard that 60 percent of Americans pay no federal income tax at all (see this post for more on that). Many low-income Americans, in fact, get money back on their federal income taxes, as they qualify for the Earned Income Tax Credit. It seems a bit churlish  …

The Internal Revenue Service should investigate the Catholic Diocese of Peoria for illegal electioneering after Bishop Daniel R. Jenky compared Barack Obama to Adolf Hitler and Joseph Stalin as part of an election-year appeal, says Americans United for Separation of Church and St …