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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 23-33
  • Tax refund thief nets $4.5M, then four years in prison

    Tax refund thief nets $4.5M, then four years in prison
    A Broward man who ripped off about $4.5 million by filing phony tax returns with the IRS was sentenced to four years in federal prison Friday. The punishment could have been worse, but Freddie Howard's cooperation with the government persuaded a...
  • How some of Illinois' largest companies cut their taxes

    How some of Illinois' largest companies cut their taxes
    The United States generally taxes the income of large corporations at 35 percent, one of the highest rates in the world. It has spurred companies such as Lake Forest-based Hospira to enter talks to buy a French company in a deal that would enable the...
  • Blotter: Caller fakes hostage situation, demands $3,000 in Morton Grove

    Blotter: Caller fakes hostage situation, demands $3,000 in Morton Grove
    The following items were taken from Morton Grove police reports: A resident in the 9000 block of Waukegan received a call stating his aunt had been involved in a traffic accident and was being held hostage until he paid for the damage and hospital...
  • Contract to Cheat: A massive labor-fraud scheme, under the government's nose

    It's a widespread practice in the construction industry: Companies list workers as contractors instead of employees. Known as misclassification, it enables companies to beat competitors and cut costs, avoid state and federal taxes, and deprive workers...
  • Easton woman admits embezzling from Whitehall repo agency

    Felicia Anne Straub admitted Friday that she embezzled for four years from the Whitehall Township repo agency where she worked, but how much she will have to repay the company remains in dispute. Federal prosecutors say Straub, 41, of Easton, stole as...
  • $75 million in Wrigley rehab tax credits at stake

    $75 million in Wrigley rehab tax credits at stake
    A large financial piece of the Chicago Cubs' $375 million renovation of Wrigley Field remains unsettled after the team made significant revisions to its plans this year, including more outfield advertising. At stake is up to $75 million in federal tax...
  • Who is whistle-blower David Danon, who is suing Vanguard?

    Who is David Danon, and what drove him to take on his old bosses at Vanguard Group Inc., alleging that its nearly $3 trillion in assets were built on an illegal tax strategy? The son of a refugee from Bulgaria, Danon got in scraps as a schoolboy in...
  • Former West Haven Housing Authority Director Pleads Guilty To Accepting $1.5 Million In Bribes

    WEST HAVEN — The former executive director of the West Haven Housing Authority pleaded guilty on Thursday to receiving $1.5 million in bribes in a federal courtroom in Hartford Thursday, according to the U.S. Attorney's Office. Michael Siwek, 55,...
  • Susan Tompor: Hard lessons about flood insurance policies

    Patricia Smith's frustration alone could flood a few more thousand homes in metro Detroit. After her basement was hit with several inches of water, Smith, 66, was angry when her insurance agent said he wasn't sure what coverage she had. Later, he said...
  • Burger King has maneuvered to cut U.S. tax bill for years

    LONDON (Reuters) - Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain's aggressive tax-reduction strategies in recent years. Some U.S. lawmakers...
  • Legal clinic polishes non-lawyers' civil suits

    Legal clinic polishes non-lawyers' civil suits
    Henry Kornman's window looks like one at a ticket office, with a metal grille to speak through and an opening for papers to be passed. People jot down their names with a pencil affixed to a plastic spoon and patiently wait to be summoned. Clutching...