News / IRS
IRS paid more than $110 billion in improper tax credits: Investigator
Source: cnbc.com - Oct 24, 2013 The Internal Revenue Service paid out more than $110 billion in tax credits over the past decade to people who didn't qualify for them, according to a Treasury report released Tuesday. The Earned... Read more > Category: IRS |
|
IRS Advised To Identify Timeframe For 'Real Time Tax'
Source: tax-news.com - Jun 7, 2013 by Mike Godfrey, Tax-News.com, Washington 06 June 2013 The United States Government Accountability Office (GAO) has reviewed the Internal Revenue Service's (IRS) strategy for exploring "Real Time... Read more > Category: IRS |
|
Republicans raise pressure on Obama over IRS targeting
Source: cnn.com - May 15, 2013 By Dana Bash and Tom Cohen, CNN updated 12:46 PM EDT, Wed May 15, 2013 Washington (CNN) -- A Republican campaign to vilify President Barack Obama's administration over Internal Revenue Service... Read more > Category: IRS |
|
Florida and Texas bankers sue Treasury and IRS
Source: miamiherald.com - Apr 23, 2013 By David Hendricks San Antonio Express-News The Florida and Texas Bankers Associations have filed a lawsuit against the federal government aimed at striking down a new regulation requiring... Read more > Category: IRS |
|
Tax revenue to hit record this year. So is spending 'the problem'?
Source: csmonitor.com - Mar 5, 2013 Tax revenue could hit $2.7 trillion, according to the Congressional Budget Office. Conservatives say this means spending cuts are the solution, but the budget numbers tell a more complicated... Read more > Category: IRS |
|
Tax Relief for Victims of Severe Storms, Tornadoes and Flooding in Mississippi
Source: irs.gov - Feb 18, 2013 NEW ORLEANS — Victims of the severe storms, tornadoes and flooding that took place on Feb. 10, 2013 in parts of Mississippi may qualify for tax relief from the Internal Revenue Service. The... Read more > Category: IRS |
|
Florida hit by
Source: news.yahoo.com - Feb 18, 2013 By David Adams | Reuters – Sun, Feb 17, 2013 MIAMI (Reuters) - Bruce Parton was only a few weeks from retirement after 30 years as a mail carrier in sunny Florida. He never lived to fulfill his... Read more > Category: IRS |
|
IRS To Accept Returns Claiming Education Credits by Mid-February
Source: irs.gov - Jan 30, 2013 R-2013-10, Jan. 28, 2013 WASHINGTON — As preparations continue for the Jan. 30 opening of the 2013 filing season for most taxpayers, the Internal Revenue Service announced today that processing... Read more > Category: IRS |
|
Tax-Free Transfers to Charity Renewed For IRA Owners 70½ or Older; Rollovers This Month Can Still Count For 2012
Source: irs.gov - Jan 23, 2013 IR-2013-6, Jan. 16, 2013 WASHINGTON — Certain owners of individual retirement arrangements (IRAs) have a limited time to make tax-free transfers to eligible charities and have them count for... Read more > Category: IRS |
|
IRS Announces Simplified Option for Claiming Home Office Deduction Starting This Year; Eligible Home-Based Businesses May Deduct up to $1,500; Saves Taxpayers 1.6 Million Hours A Year
Source: irs.gov - Jan 15, 2013 IR-2013-5, Jan. 15, 2013 WASHINGTON — The Internal Revenue Service today announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure... Read more > Category: IRS |
|
IRS Plans Jan. 30 Tax Season Opening For 1040 Filers
Source: irs.gov - Jan 8, 2013 IR-2013-2, Jan. 8, 2013 WASHINGTON — Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced today it plans... Read more > Category: IRS |
|
IRS Announces Delayed Tax Filing Season
Source: forbes.com - Jan 8, 2013 Good things come to those who wait, right? It turns out that tax season won’t begin on January 22, 2013, after all – not that we expected as much. The Internal Revenue Service has announced... Read more > Category: IRS |
|
IRS aims to clarify investment income tax under healthcare law
Source: reuters.com - Dec 5, 2012 WASHINGTON | Mon Dec 3, 2012 6:14pm EST WASHINGTON (Reuters) - The Internal Revenue Service has released new rules for investment income taxes on capital gains and dividends earned by high-income... Read more > Category: IRS |
|
IRS Seeks To Return Undelivered Tax Refunds
Source: tax-news.com - Dec 3, 2012 by Mike Godfrey, Tax-News.com, Washington 03 December 2012 The United States Internal Revenue Service (IRS) is looking to return tax refunds that were not delivered earlier this year because of... Read more > Category: IRS |
|
Tax Reform Proposed For US Expats
Source: tax-news.com - Nov 9, 2012 by Mike Godfrey, Tax-News.com, Washington 08 November 2012 In a new tax reform proposal issued in November 2012, American Citizens Abroad (ACA) has proposed a ‘win-win solution’ that... Read more > Category: IRS |