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Internal Revenue Service

A collection of news and information related to Internal Revenue Service published by this site and its partners.

Top Internal Revenue Service Articles see all

Displaying items 1-5
  • Can I shift Roth IRA broker fees?

    Can I shift Roth IRA broker fees?
    Dear Liz: What can I do to stop my broker from deducting trading fees from my Roth IRA contributions, which I make monthly? Let's say I invest $420 each month, but the broker takes $7, or $84 a year. Shouldn't this be payable from a separate source so that I can invest the full contribution each year, thus reaping the eventual benefits of compounding the extra $84 sum over a long period of time?
  • Smart ways to spend tax refunds — or not

    Smart ways to spend tax refunds — or not
    Those federal income taxes are filed (hopefully), and now you can't wait to get your hot little hands on that refund check. There are many smart ways to spend your tax refund, or not. The average refund this year is $3,120, according to the Internal...

    Believe it or not, bipartisanship breaks out on Capitol Hill

    Suddenly, bipartisanship has broken out on Capitol Hill. On Iran, Medicare, education and trade, Republicans and Democrats have come together to make deals, and that's something rarely seen lately. "It's great," Republican Sen. John Cornyn of Texas said...

    Police blotter: Three reports of fraudulent income tax filings

    Police blotter: Three reports of fraudulent income tax filings
    The following incidents were listed among area police reports. Readers are reminded that an arrest does not constitute a finding of guilt. Only a court can make that determination. Burr Ridge FRAUD A husband and wife who live on Devon Court and a...

    Woman conned out of $29,500 in IRS scam

    A Hinsdale woman reported April 11 she sent $29,500 to someone she thought was an Internal Revenue Service agent. The woman told police she went to several banks in Hinsdale and neighboring towns between 10:15 a.m. and 7:15 p.m. April 10 to send the...