Internal Revenue Service
Attorney General Eric Holder says the FBI’s criminal investigation of the Internal Revenue Service could include potential civil rights violations, false statements and potential violations of the Hatch Act, which prohibits federal employees from engaging in some partisan political activities.
The White House says President Barack Obama will meet with Treasury officials Wednesday to discuss the Internal Revenue Service’s targeting of conservative groups for special review. White House press secretary Jay Carney says Obama expects people to be held accountable.
The Internal Revenue Service has recouped more than $5.5 billion under a series of programs that offered reduced penalties and no jail time to people who voluntarily disclosed assets they were hiding overseas, government investigators said Friday.
A new study by the National Taxpayer Advocate used confidential IRS data to show large clusters of potential tax cheats in five metropolitan areas, including the Maryland suburbs of Washington, D.C.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.