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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

Displaying items 12-22
  • The law clearly states it � words mean what they say

    ALEXANDRIA, Va. The Affordable Care Act gives the president's cabinet officers sweeping powers to implement the law, but the administration managed to overreach these powers by allowing people in 36 states to illegally access health insurance subsidies....
  • Holly Fitzsimmons To Retire As U.S. Magistrate Judge

    Holly B. Fitzsimmons, a longtime U.S. Magistrate Judge in Bridgeport, has announced she will retire in April, opening a $183,000-a-year judicial position that is certain to generate wide interest among state lawyers. Fitzsimmons has presided over a...
  • Voters tired of the state's Democrats should try someone new

    I just love the pre-election advertising Olympics. It fascinates me that anyone actually pays any attention to any of the ads, be they Democrat- or Republican-inspired.  For example, a lady tells us in an ad that because Bruce Rauner does not pay the...
  • Taking countermeasures against fake IRS callers

     Taking countermeasures against fake IRS callers
    Write this down and tape it to your grandparents' telephone: The Internal Revenue Service does not contact people by phone to demand payment for unpaid taxes or threaten them with arrest or deportation if they do not send money immediately. The IRS...
  • U.S. Treasury looking at increase in master limited partnerships

    WASHINGTON (Reuters) - The U.S. Treasury Department is looking into increased use by companies of the master limited partnership (MLP) as a business structure, a department spokesperson said on Monday, hours after a pioneering user turned its back on...
  • Digital currencies such as bitcoin carry 'significant risks,' Feds warn

    WASHINGTON Government regulators issued a consumer advisory Monday on the risks of bitcoin and other digital currencies, warning that the virtual funds expose users to volatile exchange rates, hacking, scams and theft. Markups and transaction fees for...
  • Is a Social Security number required to buy a new car?

    Erica recently purchased a new car, and she intended to pay the full amount up front with a personal check. Nevertheless, she said the dealer insisted that she provide her Social Security number. Erica objected, saying it wasn't necessary because she...
  • The Journey: Can you sell silver bars? Not without paying taxes.

    Q: Almost 30 years ago, I received some silver bars from my boss in lieu of a paycheck because he could not afford to pay me at the time. Now that I am retired, I'm thinking of selling the bars, which have increased in value. Chances are that this...
  • Court rulings add urgency to state exchange decisions

    WASHINGTON As states ready their health insurance exchanges for a second open enrollment season in November, many have more to worry about than the computer glitches that plagued them last year. Last month's federal appeals court ruling that said...
  • Kids older than your Scotch? No tax break

    With just three weeks until Labor Day, summer is nearly over, which raises a perennial August quandary. To wit: If I haven't slimmed down for bikini season yet, should I just throw in the thong and keep my coat of insulating fat for winter? A look at the...
  • Arundel government holding on to People's grants, for now

    Arundel government holding on to People's grants, for now
    After pulling a grant intended for a health center that went out of business, Anne Arundel County Executive Laura Neuman said the money is being set aside for now. The county had awarded $1.9 million in casino grant funds to the People's Community...