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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
  • Bipartisanship breaks out on Capitol Hill _ at least for now

    Suddenly, bipartisanship has broken out on Capitol Hill. On Iran, Medicare, education and trade, Republicans and Democrats have come together to make deals, and that's something rarely seen lately. "It's great," Republican Sen. John Cornyn of Texas said...
  • Jennifer Calonia: 5 moves to make if you missed the tax-filing deadline

    Missing the federal tax filing deadline on April 15 doesn't mean you're in Uncle Sam's doghouse yet, but it does mean you need to rally in order to keep the taxman from knocking on your door. Whether you've already received a late notice from the IRS...
  • Susan Tompor: Microsoft is not calling to fix your computer; it's a con

    The tax season is behind us. So we can only hope that the scammers will stop calling about all those "lawsuits" that the Internal Revenue Service will file against us if we don't hand over $4,212 immediately. The IRS impostor scam is a big one. And...
  • You can invest in land with a self-directed IRA

    You can invest in land with a self-directed IRA
    Q. My wife and I each have Roth IRA accounts, but neither of us can contribute to our plans any longer because we exceed the income threshold. I would like to use my IRA to buy land in Michigan. Eventually, we would like to build a house on the land,...
  • Can I shift Roth IRA broker fees?

    Can I shift Roth IRA broker fees?
    Dear Liz: What can I do to stop my broker from deducting trading fees from my Roth IRA contributions, which I make monthly? Let's say I invest $420 each month, but the broker takes $7, or $84 a year. Shouldn't this be payable from a separate source so...
  • Smart ways to spend tax refunds — or not

    Smart ways to spend tax refunds — or not
    Those federal income taxes are filed (hopefully), and now you can't wait to get your hot little hands on that refund check. There are many smart ways to spend your tax refund, or not. The average refund this year is $3,120, according to the Internal...
  • Tax day advice: Beware calls from phony IRS agents

    WASHINGTON If an official from the Internal Revenue Service calls and demands immediate payment for thousands of dollars in back taxes, Al Cadenhead has some unexpected advice: Hang up. Cadenhead, a 67-year-old senior pastor from Charlotte, N.C.,...
  • Police blotter: Three reports of fraudulent income tax filings

    Police blotter: Three reports of fraudulent income tax filings
    The following incidents were listed among area police reports. Readers are reminded that an arrest does not constitute a finding of guilt. Only a court can make that determination. Burr Ridge FRAUD A husband and wife who live on Devon Court and a...
  • Police blotter: aggravated assault, multiple IRS scams

    Police blotter: aggravated assault, multiple IRS scams
    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...
  • IRS hotline wait times double from last year, watchdog says

    IRS hotline wait times double from last year, watchdog says
    Wait times for taxpayers who called the Internal Revenue Service's toll-free hotline more than doubled to nearly 25 minutes over the past year, according to a federal watchdog report released Thursday. "This filing season it has become increasingly...
  • When the wealthy prosper, we all win

    To the editor: I'm not particularly rich — I have to grub for as much money as I can eke out, like most people. But I have no problem seeing billionaires get tax breaks. Why is that? ("How the Republicans are trying to make the rich even richer,"...