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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 56-66
  • Transferring property to children can get complicated

    Transferring property to children can get complicated
    Q: I wish to set up my daughter and son with a house. My plan is to buy two houses and rent them to each family but not collect any rent except for what it costs for the property taxes and insurance. Then at my passing, they will inherit the houses at the...
  • U.S. Treasury moves against tax-avoidance 'inversion' deals

    WASHINGTON (Reuters) - Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb "inversion" deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...
  • Treasury moves against 'inversion' deals

    Treasury moves against 'inversion' deals
    WASHINGTON -- Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb “inversion” deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...
  • AstraZeneca, Shire dive as U.S. tax move punctures deal hopes

    LONDON (Reuters) - Shares in drugmakers AstraZeneca and Shire fell sharply on Tuesday after the U.S. Treasury took steps to curb "inversion" deals that allow companies to escape high U.S. taxes by reincorporating abroad. The move could jeopardize an...
  • U.S. Democrats weigh options to fight tax inversions

    (Reuters) - U.S. lawmakers are considering proposals to deal with a rising number of U.S. companies reincorporating overseas to slash their tax bills. The U.S. Treasury Department on Monday announced new rules that will reduce the tax benefits to...
  • Brazil, U.S. sign tax pact frozen by spy scandal

    BRASILIA (Reuters) - Brazil signed a tax information exchange agreement with the United States to prevent tax evasion, the South American country's finance ministry said on Tuesday, a step long sought by businesses that was held up by a spy scandal last...
  • Florida should fight federal policies that discourage trade

    The entrepreneurial spirit is alive and well in Florida, despite federal tax and trade policies that discourage it. It is especially strong among recent immigrants who — like the Cuban refugees before them — fled countries such as Venezuela,...
  • Lambert pleads guilty in Slate Belt loan case

    Lambert pleads guilty in Slate Belt loan case
    READING — Walter "Buddy" Lambert admitted Tuesday to bilking friends and neighbors who entrusted him with their life savings while he managed a Slate Belt loan agency owned by a well-known Bangor doctor — a multimillion-dollar fraud that...
  • Mike 'The Situation' Sorrentino indicted on tax-fraud charges

    Mike "The Situation' Sorrentino and his brother have been accused of failing to pay federal taxes on nearly $9 million in income, the latest in a string of legal headaches this year for the "Jersey Shore" alum. Mike Sorrentino and Marc Sorrentino were...
  • South Florida lawyer imprisoned for snubbing IRS

    South Florida lawyer imprisoned for snubbing IRS
    A South Florida lawyer was imprisoned for a year and one month Thursday after admitting he owed the government more than $924,000 after he stopped filing income tax returns for several years. Steven E. Siff, 56, of Davie, was taken into custody in the...
  • Star of reality TV show 'Jersey Shore' charged with tax fraud

    WASHINGTON (Reuters) - Michael "The Situation" Sorrentino, star of the reality TV show "Jersey Shore," and his brother have been charged with not paying taxes on $8.9 million in income, according to an indictment handed down on Wednesday. Sorrentino, 32,...