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Irs News

Judge orders IRS to find lost e-mails related to Tea Party event

Washington - U.S. District Judge Emmet G. Sullivan oversaw the case and ordered the Internal Revenue Service to explain how they had managed to lose the information. He also ordered authorities to search for the e-mails from other sources as well.

U.S. Navy vet asks for education benefits regrets working for IRS Special

A U.S. Navy vet says working for the Internal Revenue Service (IRS) was his biggest mistake as he has been damaged for life by the institution.

Tax fight looms large in Energy Future restructuring

As Energy Future Holdings prepares for what could be one of the largest-ever U.S.

Op-Ed: Bankruptcy hounds Pacquiao as IRS, BIR take legal options

The Philippines' Bureau of Internal Revenue (BIR) appears to have scored another legal victory in its effort to collect outstanding tax dues from Manny Pacquiao and wife Jinkee estimated at $50 Million.

Op-Ed: Pacquiao's $20 million fight purse not enough to pay Uncle Sam

Top Rank Promotions owner Bob Arum is reportedly paying eight-division world champion Manny Pacquiao a guaranteed sum of $20 million to face unbeaten WBO welterweight champ Timothy Bradley in a rematch at the MGM Grand in Las, Vegas, Nevada.

Op-Ed: Floyd Mayweather not ready to face Manny Pacquiao next year

Floyd Mayweather has been busy in the last couple of days engaging potential opponent Manny Pacquiao in a comical and sometimes insulting play of words to make it appear that he is now ready to face Pacquiao in the ring after three years of failed talks.

Op-Ed: Manny Pacquiao could lose his next fight in the US

Filipino boxing superstar Manny Pacquiao could lose every cent he expects to make in his upcoming fight in the U.S. which is tentatively scheduled for April or May possibly against unbeaten American boxer Timothy Bradley or Mexican Juan Manuel Marquez

Op-Ed: Why Manny Pacquiao needs to hire credible financial manager

I don't have anything bad against Manny Pacquiao's Canadian Adviser Michael Koncz, who is reportedly acting or has acted as manager of MP Promotions USA, Inc., a Las Vegas, Nevada, registered company reportedly owned by Pacquiao.

Op-Ed: Manny Pacquiao next fight purse not enough to pay US tax dues

If Manny Pacquiao gets $18 million — the same amount he was reportedly paid by his promoter when he fought Brandon Rios in Macau — it won't be enough to settle his tax obligations with the US Internal Revenue Service (IRS).

Op-Ed: Who's telling the truth on Manny Pacquiao's tax woes?

Manny Pacquiao's promoter Bob Arum says his company, Top Rank Promotions has been religiously remitting at least 30% of Pacquiao's taxable income in the US to the Internal Revenue Service (IRS) but a TMZ report says Pacquiao still owes IRS $18 million.

Op-Ed: Manny Pacquiao needs senate seat in 2016 national elections

Filipino boxing superstar Manny Pacquiao has about eight years to prepare for the 2022 presidential elections if indeed he has the presidency in mind.

IRS cracks down on small business for under-reporting cash sales

Believing many small businesses under-report cash sales, the IRS has targeted thousands of small businesses with a high volume of credit card sales. Businesses that receive a letter on the issue have 30 days to respond.

IRS credit cards used for wine, pornography

The inspector general's office has reported that credit cards belonging to IRS agents were used to purchase questionable items such as wine, pornography, romance novels, and diet pills.

Op-Ed: In light of recent IRS scandal, new look at 16th amendment needed

With the recent IRS targeting of conservative and Tea Party groups, the American people would be wise to look back at history and heed the Founder's warnings regarding the dangers of direct taxation.

Swiss government weakens bank secrecy to give US officials info

The Swiss government is reportedly going to allow banks in the nation to share some information with U.S. authorities. U.S. officials want to determine which Americans are using offshore bank accounts to hide their money and avoid taxes.

Op-Ed: Memo to GOP — Don’t be a scorpion

A scorpion comes to a flooded river and cannot cross, so the story goes. The scorpion asks a nearby frog to ferry him to the other side.

Op-Ed: America the Once Beautiful

As Americans we have become hardened to the realities of our life, making the most of a bad situation and accepting that there can be very little change in the situation in Washington DC.

Leno evokes White House troubles on Weiner's mayoral candidacy

Speaking to Anthony Weiner's bid for New York City mayor, 'Tonight Show' host Jay Leno attached the challenges of the Weiner candidacy to the issues facing the White House.

Kentucky residents protest IRS

Louisville - Opponents of the IRS and its recent targeting of conservative groups have been protesting across the nation; it's no different in the state of Kentucky where protesters took to the streets with a surprisingly Libertarian stance against the IRS.

On the IRS scandal, who knew what and when in the White House?

Washington - After repeated claims by the Obama administration that the IRS scandal was first made known to them more recently, it is now known that senior staffers at the White House were aware earlier in April.

Obama criticism 'offensive,' but Benghazi is not Paris

Washington - Making the Sunday morning press circuits, White House insider Dan Pfeiffer condemned GOP criticisms of President Obama as "offensive" and "absurd," while Senator Rand Paul (R-KY) insisted on a need for greater embassy security.

Op-Ed: Politics and Comedy — May the farce be with you

A fine line exists between satire and bad taste. Mel Brooks danced up to that line with his “Springtime for Hitler and Germany” in “The Producers.”

Tea Party mobilizes in wake of 'appalling' IRS political targets

After the Internal Revenue Service admitted to openly targeting specific political groups to audit during the 2012 presidential election, the Tea Party has mobilized to push for a full inquiry.

IRS admits to targeting Conservative groups, GOP to investigate

With the White House blaming the matter on former president George Bush, the Internal Revenue Service openly admitted to targeting politically conservative organizations and apologized for doing so.

IRS employee furloughs set to take effect next month

Washington - Starting next month, the Internal Revenue Service will be shutting its offices for one day per month until September. This is in response to the sequestration measures set by the Obama Administration and Congress.

IRS gives Boston taxpayers more time to finish after bombings

Boston - The Internal Revenue Service (IRS) has decided to give people in the Boston-area more time to finish filing their tax returns in the wake of the bombings at the Boston Marathon.

IRS says it can read your email without a warrant

According to new information received by the ACLU, the Internal Revenue Service (IRS) does not feel that it needs to obtain a warrant before reading Americans' emails.

Entrepreneur has solution for businesses squeezed by government Special

It’s safe to say that most people dread that letter from the IRS that suggests auditors would like to take a closer look at their books.

IRS warns taxpayers to watch out for this year's 'Dirty Dozen'

Each year the U.S. Internal Revenue Service (IRS) sends out a list of its "Dirty Dozen" tax scams. Topping this year's list is, perhaps not surprisingly, identity theft.

IRS under fire, apologizes for $60,000 'Star Trek' parody video

Washington - The IRS is under fire from Congress over a training video from a 2010 conference that parodies "Star Trek." Congress criticized the IRS for wasting taxpayer dollars after it was revealed that the video cost $60,000 to make.
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Tax experts advise people to file early and to file on line as a way to help avoid identity theft  a...
Tax experts advise people to file early and to file on line as a way to help avoid identity theft, as well as miscalculations and other clerical mistakes.
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Internal Revenue Service building in Washington
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IRS Star Trek parody
IRS Star Trek parody
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A screenshot from NYTimes video shows Steven T. Miller  the acting I.R.S. commissioner who has resig...
A screenshot from NYTimes video shows Steven T. Miller, the acting I.R.S. commissioner who has resigned, testifying at a House Ways and Means Committee Hearing targeting conservative groups for scrutiny.
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