IRS

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Report: IRS Issued $5.6 Billion In Bogus Education Tax Credits

The IRS issued $5.6 billion in potentially bogus education tax credits in a single year — more than a quarter of all education credits claimed by taxpayers, a government watchdog said Tuesday.

05/05/2015

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Report: IRS Hung Up Phones On More Than 8 Million Taxpayers

The IRS’ overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services.

04/22/2015

Donations Tax Forms

Tax Tips: What You Need to Know About Write Offs And Donations

Knowing what you can legitimately deduct off your taxes and what receipts you didn’t need to hold on to after all, can help both you and your accountant avoid a lot of headaches.

04/07/2015

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House Panel Passes Bill Banning IRS From Using Private Email

IRS workers would be prohibited from using private email to conduct official business under a bipartisan bill passed Wednesday by the House Ways and Means Committee.

03/25/2015

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IRS: Federal Workers Owe More Than $3.5 Billion In Unpaid Taxes

Federal workers and retirees owed more than $3.5 billion in unpaid taxes last year, a $200 million increase over the previous year, the IRS said Tuesday.

03/24/2015

Small Business Tax Tips, Tax Help, Tax Tips, Small Business

Small Business Tax Tips: Are You Filing The Correct Forms?

It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.

03/15/2015

Photo credit: KAREN BLEIER/AFP/Getty Images

Fake IRS Agents Target More Than 366,000 in Huge Tax Scam

Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail as part of a huge nationwide tax scam that has cost taxpayers $15.5 million.

03/12/2015

fake irs agents

Fake IRS Agents Targeted More Than 366,000 People

Officials say the huge scam has duped about 3,000 people out of more than $15 million.

03/12/2015

IRS Director of Exempt Organizations Lois Lerner testifies before the House Oversight and Government Reform Committee on May 22, 2013. (Photo by KAREN BLEIER/AFP/Getty Images)

Investigators Find 32,000 Emails in IRS Probe

Investigators said Thursday they have recovered 32,000 emails related to a former IRS official at the heart of the agency’s tea party scandal.

02/27/2015

tax agency loses days to budget

IRS Chief Warns Budget Cuts Could Force 2-Day Agency Shutdown

IRS Commissioner says budget cuts could delay tax refunds, reduce the number of audits and cost the government at least $2 billion in lost revenue.

01/13/2015

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