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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
  • Ty Warner lawyers call tax dodging sentence 'reasonable'

    Ty Warner lawyers call tax dodging sentence 'reasonable'
    Lawyers for convicted tax evader Ty Warner said his sentence of two years’ probation was reasonable, pointing out that the punishment of the Beanie Babies billionaire was consistent with more than half of the offshore banking cases that the...
  • IRS may have issued $439 million in erroneous tax refunds, watchdog says

    IRS may have issued $439 million in erroneous tax refunds, watchdog says
    The Internal Revenue Service might have issued $439 million in potentially erroneous tax refunds claimed on more than 187,000 amended tax returns in fiscal 2012, according to an inspector general report published on Wednesday. The federal tax agency is...
  • Former IRS official sought to hide information, lawmakers assert

    WASHINGTON (Reuters) - Congressional Republicans asserted on Wednesday that new emails show a former Internal Revenue Service official deliberately sought to hide information from Congress, opening a new chapter in a probe of IRS treatment of conservative...
  • IRS in 'bunker mentality' as interest groups, media join Congress in seeking information

    WASHINGTON Congress isn't alone in trying to wrest answers out of the embattled Internal Revenue Service. The courts, public interest groups and the media are all struggling with uneven transparency and cooperation from the agency. News that the IRS...
  • Former New Orleans Mayor Nagin gets 10 years in corruption case

    NEW ORLEANS (Reuters) - Former New Orleans Mayor Ray Nagin was sentenced on Wednesday to 10 years in federal prison for corruption during the critical years of rebuilding after Hurricane Katrina devastated the city in 2005. A jury in February found...
  • Plainville To Auction Five Parcels To Get Back Taxes

    PLAINVILLE — An auction has been scheduled for Aug. 20 to sell municipal tax debts owed by five property owners who have ignored repeated payment requests from the town. This is the first time the town has used tax sales to collect delinquent...
  • The week in review: scams, refunds, recalls and other consumer news you need to know

     
    Happy Monday! If you're looking for good news, you've come to the wrong place. If you want the dirt on the latest scams, accusations of fraud, recalls and other consumer news, read on for a summary of what the Watchdog......
  • Quinn finds Rauner tax strategy 'extremely disturbing'

    Quinn finds Rauner tax strategy 'extremely disturbing'
    Gov. Pat Quinn today seized on a Tribune report about Republican Bruce Rauner’s taxes to reinforce a campaign theme that the challenger is out of touch with regular people. Quinn's comments came during an event marking the 50th anniversary of...
  • Dan K. Thomasson: Sizing up the latest IRS scandal

    WASHINGTON Many years ago I walked into the senatorial offices of Republican John Williams of Delaware and noticed a number of big boxes stacked in the hallway. When I inquired if he was moving to other quarters, Williams, a good source and a better...
  • Tea party groups never wanted tax exemption in the first place [Letter]

    Tea party groups never wanted tax exemption in the first place [Letter]
    In response to Larry Carson's letter ("Why should the tea party be tax-exempt?" July 2), let me make it clear to you as someone who was targeted by the Obama Administration through the IRS that No tea party group that I am aware of — and as past-...
  • 401(k) plans offer more rollover options than most employees realize

    Most people think of their 401(k) plan as a monolithic, take-it-or-leave-it proposition, but the truth is that many company plans offer individual options, even for employees that are not planning to leave. For example, some 401(k) plans may be rolled...