The Internal Revenue Service on Thursday auctioned off a large swath of land owned by an impoverished Indian tribe to help pay off more than $3 million in back taxes, penalties and interest — a sale the tribe says is illegal under federal laws protecting Indian land.
The Internal Revenue Service wants the names of U.S. taxpayers who have foreign accounts with companies owned by indicted billionaire R. Allen Stanford, according to court papers filed Wednesday.
FedEx says the IRS will not impose tax penalties for 2004 through 2006 in the package delivery company's long-running battle over the classification of its FedEx Ground drivers as contractors instead of employees.
The IRS announced Wednesday it was severing ties with ACORN, joining a growing list of government agencies to end relationships with the community activist group.
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number of defaults.
Many unemployed who think COBRA insurance is too expensive don’t know a discount exists — and some have been given bogus information about whether they’re eligible.
An agent used surveillance cameras to confirm a smelly suspicion: Someone had been urinating in a freight elevator at an Internal Revenue Service data center in Detroit. Authorities filed a criminal charge Tuesday against Michael Hicks. In an affidavit, treasury agent Delmaria Scott said she interviewed Hicks in January 2008 and he admitted urinating in the elevator for months.
The Internal Revenue Service is auditing a Tribune Co. deal involving its employee stock ownership plan, a major piece of Sam Zell's plan to take his media company private.
With the April 15 tax deadline approaching, do you have questions about filing, credits and more? Here, the National Association of Enrolled Agents, the IRS and TODAY financial editor Jean Chatzky offer tips to help you through the paperwork.
An Internal Revenue Service agent who audits taxpayers in California has agreed to plead guilty to cheating on his own taxes.
The Internal Revenue Service is not living up to its pledge to crack down on wealthy tax cheats, an IRS watchdog group says, citing a drop in audits of millionaires last year.
After a job loss, failed business venture or dwindling investment portfolio, more Americans are likely to qualify for tax breaks for 2008 that they didn't qualify for before. Yet a recent survey by CCH Complete Tax found two out of three taxpayers fear they may overlook tax breaks or make mistakes that could cost them fines or penalties.
So much for privatizing the federal government.
The Internal Revenue Service is eliminating a program that uses private debt collectors to go after tax delinquents, the agency announced Thursday evening.
Time is running out for more than a million taxpayers to file for $1.3 billion in unclaimed tax refunds from 2005.
Cyber-thieves are clever crooks. They know an e-mail that looks like it’s from the IRS will get your attention. So they send out fake e-mail that says you are about to be audited or are due a big refund. Who could ignore a message like that?
Nearly 1 of every 6 tax returns filed so far includes errors in reporting last year’s federal stimulus payments, the Internal Revenue Service said, blaming confusion among professional tax preparers and early releases of tax software.
In owning up to the mistake of nominating former Sen. Tom Daschle for his Cabinet — in spite of known problems with his tax returns — President Obama said it was important to stress that “there aren’t two sets of rules, one for prominent people and one for ordinary folks who have to pay their taxes.”
Nearly nine in 10 Americans say it is "not at all" acceptable to cheat on your taxes — a sticky issue for an Obama administration that has nominated two Cabinet officials with tax troubles.
The Internal Revenue Service warns that many taxpayers are mistakenly trying to double-dip on last year's federal tax rebate when they file their tax returns this year — and the IRS is catching the errors.
Want a quick tax refund? File your federal tax returns electronically.
The nation's tax code is so complex that taxpayers spend nearly $200 billion a year on the work required to comply with requirements, the government's taxpayer advocate said in a report released Wednesday.
The amount of money the IRS collects from audits and other reviews fell by nearly $3 billion this year as the agency shifted resources to make sure people got their economic stimulus checks.
The Internal Revenue Service said Tuesday it will try to make it easier for homeowners in financial straits to refinance or sell their homes.
Taxpayers who believe their economic stimulus checks went astray must update their addresses with the Internal Revenue Service by Friday.