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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
  • Northern Indiana police issue warning about IRS scam

    A northern Indiana police department has issued a warning that someone is using its non-emergency telephone number as part of a scam. Lafayette police say the scam involves people posing as IRS agents who "clone" the department telephone number to make...
  • Some tax deductions for commutes available

    That long commute each day doesn't have to be a source of frustration and consternation. In some cases, it could pay off. Normally mileage piled up in the commute from home to work cannot be deducted from your federal income taxes. But there are...
  • Kimberly J. Howard: Finding every deduction

    Every possible tax deduction can help when your money is tight. Yet many available legal deductions go unclaimed each year simply because most taxpayers still don't know the breaks exist. From eyeglasses to airline baggage fees, you might qualify for at...
  • Will using home equity to buy beach rental pay off?

    Will using home equity to buy beach rental pay off?
    Dear Liz: Eight years ago, we bought a fixer-upper in an up-and-coming neighborhood. Now it's mostly fixed up, and property values have soared. We would like to borrow against the equity to buy a beach house we could use and also rent out. This would be a...
  • Roll over retirement account to IRA

    Roll over retirement account to IRA
    Q. I am 63 and separated from my employer. Should I withdraw all my retirement funds and pay the taxes to the IRS? — D.R. Orlando. A: No. I recommend that you open an IRA and have the money rolled over directly to that account with no tax...
  • 2 W.Va. coal operators sentenced in $10M cash scheme

    Two West Virginia coal operators each will spend three years in prison for participating in a $10 million cash selling scheme designed to defraud the Internal Revenue Service. William "Bill" F. Adams, 55, of Yukon, West Virginia, and John B. Ward, 43...
  • David John Marotta and Megan Russell: Dumb rules on tapping IRAs

    IRA distribution rules are extremely shortsighted. They punish taxpayers in the short run and gain the government less in the long term. To see how, let's examine how Washington compels people to withdraw money from these popular retirement plans....
  • Police Blotter: $36,000 in goods stolen in Linden Avenue burglary

    The following incidents and arrests were listed among the official reports of the Wilmette and Kenilworth police departments. Readers are reminded an arrest does not constitute a finding of guilt. Only a court of law can make that determination. Court...
  • Blotter: Wedding ring stolen in Arlington Heights

    Blotter: Wedding ring stolen in Arlington Heights
    Arlington Heights The following items were taken from Arlington Heights police reports: Someone drove a nail through the sidewall of a tire on a 2010 Infiniti QX4, causing $165 in damage. The vehicle was parked along the 2300 block of East Olive...
  • Blotter: Possession of cannabis charges in Elmhurst

    Blotter: Possession of cannabis charges in Elmhurst
    Elmhurst The following items were taken from Elmhurst police reports: Suspicious circumstances were reported in the 500 block of Elm Street around 12:40 p.m. Feb. 19. A woman told police she received a call from a man who stated he was from the IRS...
  • Critics are wrong about Apple introducing racist emojis

    Here's what went down on Tuesday's Consumer Confidential segment on KTLA-TV: Racist emojis? Apple has introduced some diversity to its emojis, those little images meant to convey sentiment in emails and messages. Now you can use various skin tones....