WASHINGTON — Lax oversight at the IRS increases the risk that political and religious groups could be unfairly targeted for audits, government investigators say in a report that raises concerns about an IRS division that has been under scrutiny for singling out conservative organizations. Continue reading
Jeb Bush’s income from 1981 to 2013 in one chart. Continue reading
The IRS’ overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services to help pay to enforce President Barack Obama’s health law. Continue reading
Whether you are like the 90 million other taxpayers that filed early or were waiting until the last day (which is today), you should be entitled to get a little something for filing your taxes. Luckily, there are many companies that feel the same way and are willing to give you that extra pat on the back.
Bad news for taxpayers this year: If you have questions for the Internal Revenue Service, getting through is going to take longer. If you’re waiting for a refund, you may face a delay. The IRS attributes this to five years of federal budget cuts, which have led to a hiring freeze and a lack of resources. Judy Woodruff interviews Commissioner John Koskinen about these problems and oversight of the IRS. Continue reading
The head of the IRS says his agency has eliminated a huge processing backlog of groups seeking tax-exempt status. Continue reading
WASHINGTON — Fake IRS agents have targeted more than 366,000 people with harassing phone calls demanding payments and threatening jail as part of a huge nationwide tax scam that has cost taxpayers $15.5 million. Continue reading
WASHINGTON — Being uninsured in America will cost you more in 2015.
Without a Democratic majority in the way, Republicans in the Senate will likely take on these five items. Continue reading
A growing number of U.S. companies are shifting their addresses abroad in an effort to reduce their U.S. taxes. The maneuver is known as a corporate inversion. Continue reading