Personal Finance Advice and Commentary

Tuesday, October 07, 2014 3:03 pm
By Kay Bell · Bankrate.com

IRS examination of tax returns has been dropping. That means more filers are prone to fudge figures on their 1040s. But the agency still is collecting trillions of dollars.

Tuesday, October 22, 2013 1:15 pm
By Kay Bell · Bankrate.com

Uncle Sam is losing billions each year in wrong Earned Income Tax Credit claims.

Friday, July 19, 2013 11:51 am
By Kay Bell · Bankrate.com

Will investigators find the ‘smoking gun’ IRS email revealing who ordered targeting of Tea Party tax-exempt applicants? A search of 5,500 messages was fruitless.

Tuesday, April 23, 2013 11:57 am
By Kay Bell · Bankrate.com

Despite a law requiring accountability for money that federal agencies pay out, the IRS has issued as much as $13.6 billion in improperly claimed earned income tax credits.

Tuesday, October 23, 2012 4:17 pm
By Kay Bell · Bankrate.com

A recent government investigation found that refundable tax credits cost the U.S. billions. But so do all the tax breaks you and I claim.