Irs News

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.

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

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.

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.

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.

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.

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.

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.

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.

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.