Irs News
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Washington -
A bill on its way through the US Congress would permanently prevent the US government from offering free online tax services. It codifies the current system that relies on private services.
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Tax Day 2019, the last day to file your 2018 tax return, is Monday, April 15.
The IRS began accepting tax returns on January 28 and taxpayers should have received all the forms they need in order to file by now.
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Phone scams are nothing new, and they usually focus on the elderly, but during tax season in the U.S. and Canada, the number of scams rises dramatically, and fraudsters are using the latest available technology in an attempt to get your money.
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Last Tuesday a California Federal Court ordered the popular cryptocurrency exchange Coinbase to turn over records on thousands of its customers to the U.S. Internal Revenue Service (IRS).
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Atlanta -
An Equifax spokesperson confirmed on Friday the Internal Revenue Service (IRS) had issued a stop-work order for the short-term "Transaction Support for Identity Management contract."
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The IRS will pay Equifax $7.25 million to verify taxpayer identities and help prevent fraud under a no-bid contract issued last week.
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Eau Claire -
After a Wisconsin police officer received a threatening call from an IRS scammer, his police department decided to film the officer calling the scammer back. The scammer's attempts to answer some of the trained officer's questions are priceless.
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After a series of raids in and around Mumbai, police have charged 70 people and are questioning more than 600 more regarding allegations they were running a scam to defraud American taxpayers by posing as IRS officials.
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The Internal Revenue Service notified Coca-Cola that it owes $3.3 billion in federal taxes, as well as interest for 2007 to 2009.
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The Internal Revenue Service (IRS) announced that it will no longer accept checks that are written out for $100 million.
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The IRS reported Monday that another 220,000 taxpayers were victims of the data theft that occurred in May of 2015. This latest report brings the number of taxpayers affected by the intrusion to 334,000 people.
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Detroit -
The infamous Insane Clown Posse is finding itself in some potentially hot water as the Internal Revenue Service is looking to collect what it claims are unpaid taxes. So far “ICP” hasn't exactly been cooperative.
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The Internal Revenue Service (IRS) reported Tuesday that hackers have stolen the tax info of 100,000 people from the organization.
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An increasing number of Americans are deciding to renounce their citizenship and turn in their passports. The home of the brave and land of the free simply isn't that attractive to an increasing number of people.
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The deadline for filing taxes is on April 15, but the Internal Revenue Service is reportedly ignoring 60 percent of phone calls from those working on their tax return.
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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.
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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.
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By Reuters
As Energy Future Holdings prepares for what could be one of the largest-ever U.S.
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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.
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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.
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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.
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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
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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.
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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).
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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.
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Filipino boxing superstar Manny Pacquiao has about eight years to prepare for the 2022 presidential elections if indeed he has the presidency in mind.
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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.
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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.
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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.
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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.
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Irs Image
David Reber's Hammer Photography (CC BY-SA 2.0)
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. IRS web site
Internal Revenue Service building in Washington
Warning from the IRS today. IRS
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