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News Results (1-15 of 197)

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Identity-Theft Victims Given Short Shrift by IRS, Says Watchdog WSJ Blogs

J. Russell George, the Treasury Inspector General for Tax Administration, or Tigta—an official IRS watchdog—today told a Congressional oversight committee that the Internal Revenue Service gives "confusing and often conflicting ...
10 Things the IRS Won't Tell You; Think your taxes were complicated last year? It's even worse this year. SmartMoney.com

1. "Like it or not, you may need help with your taxes." When Cindy Hockenberry and her husband sent in a tax-penalty payment in 2007, they knew there was a chance their math might not jibe with the IRS's. When that turned out to be true and ...
The IRS offers 10 tips for last-minute tax filers; social media comes in handy WSJM

Mark Bugnaski / GazetteConnie Costello, of Kalamazoo, waves to passing motorist on South Westnedge Avenue on March 14, as she advertises for Liberty Tax Service. That was about one month before Tuesday's tax-filing deadline.
IRS Whistleblower Program Under Fire WSJ Blogs

The Internal Revenue Service's Whistleblower Program still hasn't adequately addressed internal problems identified several years ago, according to a new report issued by the Treasury Inspector General of Tax Administration, or Tigta.
IRS cuts penalties; but don’t forget the forms MarketWatch

LOS ANGELES (MarketWatch) — For the past several years, as we have struggled with this depressed economy, the kinder, gentler IRS has released announcement after announcement about ways they are trying to help taxpayers.
IRS 'nice bad guy' act has some side-effects WSJM

You’ve filed your tax return. Now comes the happy anticipation of wondering how quickly your refund will show up – and grousing when it isn’t in your bank account quickly.
IRS Loses Tax-Shelter Case WSJ.com

WASHINGTON—The Supreme Court ruled against the Internal Revenue Service in a tax-shelter case, underscoring the agency's challenges in rooting out improper tax avoidance.
Tax man makes it hard to be an American; Commentary: Tough IRS rules hit the little guys hard MarketWatch

DENVER (MarketWatch) — Peter Dunn renounced his U.S. citizenship last year so he no longer would have to deal with the Internal Revenue Service.
Watchdog Says IRS Whistleblower Program Needs More Oversight WSJ Blogs

The Internal Revenue Service's whistleblower office has not addressed internal problems identified years ago, a Treasury Department watchdog said Thursday in a new report.
How to Use the IRS as a Credit Card; Bischoff: You may be eligible for a loan from the taxman -- and at a decent rate. Here's what to consider. SmartMoney.com

Say your overall cash-flow situation is good, but you need to cover a short-term deficit over the next few months. In today's still-strict credit environment, taking out a loan may not be much fun. It may not even be possible -- unless you ...
How to Get the IRS to Notice You WSJ.com

An unexpected letter from the Internal Revenue Service can make your stomach drop, but you can take steps to reduce your audit risk. Taxpayers overall face a low audit risk: The IRS audited 1.1% of all individual tax returns filed in 2010, ...
IRS Suffers Setback in Identifying Secret Credit Suisse Accounts WSJ Blogs

A Swiss tribunal blocked the release of the name of U.S. taxpayer holding a secret Credit Suisse account to the Internal Revenue Service. The April 5 decision was announced in a Tuesday press release, which noted the ruling cannot be ...
Tax Preparers Sue IRS Over Licensing WSJ Blogs

Three independent tax preparers filed a lawsuit Tuesday challenging the Internal Revenue Service's authority to license them. The suit is supported by the Institute for Justice, a libertarian public-interest law firm that opposes ...
Mock and Shurtz: The TurboTax Crime Wave; Taxpayers deserve the same defense from IRS penalties as Tim Geithner. WSJ.com

This year more than three-fourths of all individual tax returns will be filed electronically, and a growing number will come from people who used tax-preparation software. As modern and efficient as this is, the law has not caught up. ...
IRS Expands Breaks for Struggling Taxpayers WSJ.com

The Internal Revenue Service announced last week additions to its Fresh Start program for struggling taxpayers. The new features include penalty relief for the unemployed and expanded installment-payment options. The agency began the Fresh ...

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