Jun 24

IRS 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…

Jun 20

Congress questions IRS over lost emails

Eight federal employees connected to the tea party investigation experienced hard drive crashes, resulting in an unknown number of lost emails, Internal Revenue Service Commissioner John Koskinen told lawmakers Friday in an unusually tense congressional hearing.

Jun 17

IRS lost more emails in tea party probe, investigators say

WASHINGTON — The Internal Revenue Service has lost more emails connected to the tea party investigation, congressional investigators said Tuesday. The IRS said last Friday it had lost an untold number of emails when Lois Lerner's computer crashed in 2011.

May 05

Tough new IRS penalties set to target Russian banks

Russian banks that buy U.S. securities after July 1 will forfeit 30 percent of the interest and dividend payments. The withholding applies to stocks and bonds, including U.S. Treasuries. Some previously owned securities would be exempt from the withholding, but…

Apr 14

Chances of being audited by IRS lowest since 2005

WASHINGTON -- As millions of Americans race to meet Tuesday's tax deadline, their chances of getting audited are lower than they have been in years. Budget cuts and new responsibilities are straining the Internal Revenue Service's ability to police tax…

Apr 05

The Volunteer Income Tax Assistance Program is a nationwide organization of tax preparers available to help low-income taxpayers. Last year alone, VITA helped prepare almost one and a half million individual tax returns completely free of charge.

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