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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 78-88
  • U.S. Treasury looking at increase in master limited partnerships

    WASHINGTON (Reuters) - The U.S. Treasury Department is looking into increased use by companies of the master limited partnership (MLP) as a business structure, a department spokesperson said on Monday, hours after a pioneering user turned its back on...
  • Digital currencies such as bitcoin carry 'significant risks,' Feds warn

    WASHINGTON Government regulators issued a consumer advisory Monday on the risks of bitcoin and other digital currencies, warning that the virtual funds expose users to volatile exchange rates, hacking, scams and theft. Markups and transaction fees for...
  • Is a Social Security number required to buy a new car?

    Erica recently purchased a new car, and she intended to pay the full amount up front with a personal check. Nevertheless, she said the dealer insisted that she provide her Social Security number. Erica objected, saying it wasn't necessary because she...
  • The Journey: Can you sell silver bars? Not without paying taxes.

    Q: Almost 30 years ago, I received some silver bars from my boss in lieu of a paycheck because he could not afford to pay me at the time. Now that I am retired, I'm thinking of selling the bars, which have increased in value. Chances are that this...
  • Thomas Sowell: Thoughts on Obama, Israel, politics, and spread of Ebola

    Random thoughts on the passing scene: I don't know why we are spending our hard-earned money paying taxes to support a criminal justice system, when issues of guilt and innocence are being determined on television — and even punishment is being...
  • Kids older than your Scotch? No tax break

    With just three weeks until Labor Day, summer is nearly over, which raises a perennial August quandary. To wit: If I haven't slimmed down for bikini season yet, should I just throw in the thong and keep my coat of insulating fat for winter? A look at the...
  • What's the secret of Nixon's unpopularity?

    Most American presidents' reputations improve after they leave office. In the warm light of history, once-derided chief executives seem to gain retroactive stature. The most vivid example is Harry Truman, who left the White House during the Korean War...
  • Keep politics out of the pulpit

    Under federal law, it is illegal for churches and other so-called 501(c)(3) nonprofit organizations to "participate in, or intervene in … any political campaign on behalf of (or in opposition to) any candidate for public office." But in recent...
  • Arundel government holding on to People's grants, for now

    Arundel government holding on to People's grants, for now
    After pulling a grant intended for a health center that went out of business, Anne Arundel County Executive Laura Neuman said the money is being set aside for now. The county had awarded $1.9 million in casino grant funds to the People's Community...
  • When companies flee U.S. tax system, investors often don't reap big returns

    WASHINGTON August 18 (Reuters) - Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a...
  • Corporate foreign tax moves have bedeviled U.S. for decades

    WASHINGTON (Reuters) - The U.S. government has grappled for more than 30 years with corporate deals known as inversions in which U.S. companies shift their tax domiciles abroad to avoid U.S. taxes. Fifty-two substantial deals like this have occurred...