Stephen’s Recent Stories
Nation Oct 22Social Security benefits to go up by 1.7 percent
WASHINGTON — Millions of older Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments next year, the government announced Wednesday.
Politics Oct 19Small Social Security increases expected in 2015
For the third straight year, millions of Social Security recipients, disabled veterans and federal retirees can expect historically small increases in their benefits come January.
Nation Sep 08Treasury wants to make overseas inversions less profitable for U.S. corporations
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.
Politics Sep 05IRS can’t find emails for 5 more employees in congressional probe
On Friday, the IRS issued a report to Congress saying the agency also lost emails from five other employees related to the probe, including two agents who worked in a Cincinnati office processing applications for tax-exempt status.
Nation Aug 26Report: No proof veterans died because of delays
WASHINGTON — The Veterans Affairs Department says investigators have found no proof that delays in care caused any deaths at a VA hospital in Phoenix, deflating an explosive allegation that helped expose a troubled health care system in which veterans…
Nation Jul 11House votes to permanently extend ‘bonus depreciation’ tax break
WASHINGTON — The House voted Friday to make permanent a temporary tax break that makes it easier for businesses to invest in new equipment, one of many expired tax breaks that Congress must deal with by the end of the…
Nation Jul 10Federal judge orders IRS to explain lost emails
A federal judge on Thursday ordered the IRS to explain under oath how it lost a trove of emails to and from a central figure in the agency's tea party controversy.
Nation Jul 09Federal government made $100 billion in improper payments last year
WASHINGTON — By its own estimate, the government made about $100 billion in payments last year to people who may not have been entitled to receive them — tax credits to families that didn't qualify, unemployment benefits to people who…
Politics Jun 24IRS head says no laws broken in loss of emails
Republicans in Congress aren't buying the contention by the head of the Internal Revenue Service that he has seen no evidence anyone committed a crime when the agency lost emails that might shed light on the targeting of tea party…
Nation Jun 18IRS will waive tax evasion penalties — if you can prove it was an accident
WASHINGTON — The Internal Revenue Service is offering to waive steep penalties for Americans living abroad who haven't been paying their U.S. taxes.