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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
  • IRS head: Budget cuts could force 2-day agency shutdown

    IRS head: Budget cuts could force 2-day agency shutdown
    Budget cuts could force the IRS to shut down operations for two days later this year, resulting in unpaid furloughs for employees and service cuts for taxpayers, IRS Commissioner John Koskinen said Tuesday. In an email to workers, Koskinen said staff...
  • Tax credit for $200 in political giving could encourage small donors

    Tax credit for $200 in political giving could encourage small donors
    The U.S. campaign finance system is badly broken and desperately in need of new solutions. In 5-4 rulings in Citizens United vs. Federal Election Commission, in 2010, and McCutcheon vs. Federal Election Commission, in 2014, Supreme Court Chief Justice...
  • Gas prices go down, but IRS mileage rate goes up

    Gas prices are at their lowest point in more than four years, yet the Internal Revenue Service has raised the tax break for employees using their vehicles for work in 2015. The IRS revised its standard business mileage the amount the federal agency...
  • Obama's policies destroying America

    Obama's policies destroying America
    President Obama had never run anything in his life until now. Now he is running this country into the ground. He was a community organizer, which means he was a community disrupter and remains that to this day with his reckless comments on Ferguson and...
  • Chart your investment course for 2015

    If a significant portion of your investments were in diversified equities in the past year, congratulations! 2014 was likely a good year for your portfolio. Now what are you going to do in 2015? At the beginning of each year, it makes sense to review...
  • Quinn lays political traps for Rauner on way out the door

    Quinn lays political traps for Rauner on way out the door
    In an eleventh-hour flurry Monday in Chicago, Democratic Gov. Pat Quinn signed a few final bills into law, appointed friends to ceremonial posts and laid a series of political traps for incoming Republican Gov. Bruce Rauner. Quinn also maintained his...
  • Gov't sending out new tax forms for consumers who got health law subsidies last year

    Gov't sending out new tax forms for consumers who got health law subsidies last year
    If you're among the millions of consumers who got financial help for health insurance last year under President Barack Obama's law, better keep an eye on your mailbox. The administration said Monday it has started sending out tax reporting forms that...
  • Former Lehigh County Jail doctor admits evading taxes and loans

    PHILADELPHIA — The former Lehigh County Jail doctor who claimed to be a minister in a Utah-based religious group to avoid paying taxes and long overdue loans for medical school pleaded guilty Monday to numerous charges stemming from the scheme....
  • New IRS rules for non-profit hospitals regarding debt collection

    New IRS rules for non-profit hospitals regarding debt collection
    On the last day of 2014, the Internal Revenue Service issued new rules regarding how non-profit hospitals handle charges for the uninsured and debt collection. All three hospital systems on the Peninsula -- Riverside, Bon Secours, Sentara -- operate on...
  • Old 401(k)s: out of sight - and out of money

    Is there any way that America's current do-it-yourself retirement system won't be a recipe for complete and total disaster? Think about it: First, we run the whole thing through the cheapskate employers. Then we combine those bosses with a predatory...
  • University of South Dakota football player spearheaded tax-fraud scheme, netting $400K

    He wore a hoodie and a stocking cap as he made multiple trips to an ATM on a warm day in April 2012, cutting a suspicious enough figure that a concerned citizen tipped off police in the college town. Using surveillance video, they discovered a...