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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 34-44
  • Walgreens: The exception that proves the rule [Editorial]

    Walgreens: The exception that proves the rule  [Editorial]
    Today's announcement by Walgreens that it would not seek to move its corporate headquarters (for tax purposes, anyway) out of the United States may well be the exception that proves the rule of an inexorable trend toward so-called "corporate inversion."...
  • Walgreen feared IRS scrutiny if inversion OK'd

    Walgreen feared IRS scrutiny if inversion OK'd
    A seeming parade of U.S. companies has been marching across the Atlantic, reincorporating in Europe to take advantage of substantial corporate tax breaks. Despite a growing drumbeat of criticism from activists and politicians, threats from U.S....
  • Identity thieves exploit changes in federal law to file phony tax returns

    Something was odd when the IRS letter arrived in the mail. Addressed to Sherril and Jessica, it asked about the couple's 2013 joint tax return. Only problem: Sherril Cortez had already filed her 2013 income tax return with her husband of 25 years,...
  • Kevin Hunt: Back-To-School Financial Aid Scam; E-Zpass 'Unpaid Toll' Virus

    Kevin Hunt: Back-To-School Financial Aid Scam; E-Zpass 'Unpaid Toll' Virus
    Summer's not the time to relax, at least when the next phone call, email or letter could be part of a criminal conspiracy to steal your money, your identity or threaten to send your children to foster care. Do not resume normal leisure activities...
  • Pamela Yip: Tax season may be over, but scammers never take a holiday

    Just because it isn't income tax filing season doesn't mean that scammers posing as IRS agents take time off. This month, Rhonda Butaineh and her husband received five calls from scammers claiming to be agents with the "Tax Audit Department in...
  • Liberals continue to mess up the country

    Liberals continue to mess up the country
    Fact: Captured Hamas fighters confirm that their maze of secret tunnels into Israel was to be the entry point for a series of coordinated terror attacks during the Jewish High Holidays — all in order to massacre Israeli citizens at lightly guarded...
  • What's the secret of Nixon's unpopularity?

    Most American presidents' reputations improve after they leave office. In the warm light of history, once-derided chief executives seem to gain retroactive stature. The most vivid example is Harry Truman, who left the White House during the Korean War...
  • What is corporate tax inversion?

    You might have heard the word “inversion” recently. Deerfield-based Walgreen considered it, but decided against it. North Chicago-based AbbVie is planning one. Even President Barack Obama has weighed in on the practice. Here's a primer on what...
  • Ask Kim: Can I use IRA money for a down payment?

    What are the rules for withdrawing money from my IRA for a down payment on a home? Will I pay a penalty because I am under age 59 1/2? If you're a first-time home buyer of any age, you can withdraw up to $10,000 from a traditional IRA penalty-free to pay...
  • Keep politics out of the pulpit

    Under federal law, it is illegal for churches and other so-called 501(c)(3) nonprofit organizations to "participate in, or intervene in … any political campaign on behalf of (or in opposition to) any candidate for public office." But in recent...
  • DGA Creates CT Affiliate, Hires Obama Team to Help Malloy

    The Democratic Governors Association has established its long-anticipated beachhead in Connecticut, hiring elements of President Obama's re-election team through a week-old independent expenditure group, Connecticut Forward. IRS records show...