Fired commissioner. Congressional hearings. Scathing tax watchdog report. It has been a terrible week for the IRS. And the tough times won’t stop any time soon.
» Read moreIRS workers will face five, and possibly seven, unpaid days off this summer thanks to sequestration.
» Read moreIRS workers targeted conservative groups in processing tax-exemption applications. Now the fun begins on Capitol Hill.
» Read moreThe Internal Revenue Service has made it official that it will not go snooping into your electronic communications without first obtaining a warrant.
» Read moreThe Senate passed the Marketplace Fairness Act, which would force online retailers to collect sales tax depending on where the buyer lives. But don’t start budgeting for the added tax costs just yet.
» Read moreWhat will congress do this time as we near the latest limit on U.S. borrowing? Who knows?
» Read moreThe House tax-writing committee recently held a hearing on homeownership tax breaks and how they fit into tax reform. Guess what. They’re safe!
» Read moreWhen it comes to identity thieves vs. the Internal Revenue Service, the crooks have the edge. For now. But the IRS says it’s prevention efforts are making a difference.
» Read moreDespite 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.
» Read moreApril 18 is Tax Freedom Day 2013, the day that one tax research group says Americans have earned enough to pay all their annual tax obligations.
» Read more
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