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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
  • 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...
  • Congress, state leaders pledge to tackle labor tax-law dodge

    WASHINGTON Key lawmakers in Washington have pledged to look further into a McClatchy report on companies with federal contracts that defied labor laws in order to avoid their tax obligations. Democrats and Republicans expressed outrage about the...
  • Tate George Seeking Acquittal After One Year In Prison

     Tate George Seeking Acquittal After One Year In Prison
    As University of Connecticut basketball legend Tate George reaches the one-year anniversary of his imprisonment Tuesday, prosecutors are blasting him in court papers over his request that a federal judge overturn his four felony convictions. George was...
  • 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,...
  • 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...
  • IRS fights Ingersoll-Rand over offshore money routing

    From Burger King to Charlotte, N.C.-based Chiquita, a wave of U.S. companies are looking to move their headquarters to lower-tax countries. The math seems pretty simple: By reincorporating somewhere such as Ireland or Bermuda, a company can slash its tax...
  • Death and taxes in Senate race

    Death and taxes in Senate race
    Sen. Dick Durbin clashed repeatedly Monday with his Republican rival, state Sen. Jim Oberweis, as the two staked out sharp differences on issues ranging from deploying ground troops to fight Islamic State militants to reforming Social Security and...
  • IRS needs improvement on collecting delinquent taxes, audit shows

    The Internal Revenue Service sometimes writes off debts as uncollectible before it finishes researching the cases, putting billions of dollars that should be going into the government coffers at risk, according to a federal watchdog report released...
  • Clermont woman among 3 charged in $25M Ponzi scheme

    Clermont woman among 3 charged in $25M Ponzi scheme
    A Clermont woman is among three people charged by the federal government with fraud in a $25 million investment scheme. An indictment unsealed last week alleges that Jenifer E. Hoffman, 37, of Clermont and John C. Boschert, 43, of Apopka, along with...
  • Lawsuits say Bangor loan agency really Ponzi scheme

    Lawsuits say Bangor loan agency really Ponzi scheme
    Shortly after Bill Shaw Jr. stepped into a West Virginia gas station, his life was suddenly and irreversibly altered. The union ironworker was working as a welder on an interstate highway bridge project in December 2004 and had stopped to have his...
  • Blotter: IRS phone scam hits Winnetka

    Blotter: IRS phone scam hits Winnetka
    The following items were taken from Winnetka police reports: A men's red and silver Specialized Cross Trail bicycle was stolen from the front yard of a residence in the 300 block of Glendale Avenue on Sept. 8. Amount of loss is estimated at $600. A...