Internal Revenue Service

1-17 of 28 results

U.S. offshore tax amnesty yields big response: IRS

Reuters US Online Report Business News 9 days ago

WASHINGTON (Reuters) - Some 14,700 rich Americans worried about a U.S. government crackdown on offshore tax cheats came forward to participate in a tax amnesty program, the top U.S. tax official said on Tuesday. Participation in the Internal Revenue Service's amnesty program ...

Millions will have to repay part of tax credit

AP News 10 days ago

Millions of couples, retirees will have to repay some of Obama tax credit WASHINGTON — More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama's tax break that ...

THEY'RE EMPLOYEES. NO, THEY'RE NOT

BusinessWeek 13 days ago

THEY'RE EMPLOYEES. NO, THEY'RE NOT Get ready for an intense new round in the long-running fight over which workers are independent contractors. Hard economic times have prompted some employers to classify more members of their labor forces as contractors. That way the ...

FedEx says IRS won't impose penalties for 2004-06

AP News 16 days ago

FedEx says IRS won't impose penalties for 2004-2006 in battle over driver status FedEx says the IRS will not impose tax penalties for 2004 through 2006 in the package delivery company's long-running battle over the classification of its FedEx Ground drivers as ...

Best of both worlds? Combined pension/401k plan

AP News 20 days ago

New combined pension/401k retirement plan may come in January Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts. Even so, with the guaranteed income of traditional pensions disappearing, most investors have little ...

Michigan twin sisters accused of tax return scam

AP News 21 days ago

IRS says twin sisters accused of selling their kids' Social Security numbers for tax refunds Federal authorities said twin sisters from the Detroit area sold their children's Social Security numbers to people who claimed the kids as dependents on their tax returns. ...

Feds search office of lawyer suspected in fraud

AP News 21 days ago

FBI, IRS search office of Fla. lawyer suspected in multimillion dollar investment fraud scheme Federal agents spent the night searching the law offices of a high-profile South Florida attorney suspected in a massive fraud scheme. A spokesman for law firm Rothstein Rosenfeldt ...

Ready to hire? You have many employee options

AP News 22 days ago

Ready to hire for your small business? Your options include employees, contractors and temps Even though the economy is still suffering and many small businesses won't be hiring for some time, some companies are thinking about taking on more workers. The question ...

Senate nears vote on jobless aid, housing credit

AP News 22 days ago

Senate nears vote on extending jobless aid, home buyer credit A major economic relief bill that extends benefits to the jobless and expands a first-time home buyer tax credit took a step forward Monday in the Senate. The Senate took a procedural ...

Records show Oakland mayor owes IRS back taxes

AP News 23 days ago

Records show Oakland mayor owes IRS back taxes; lien placed on property Oakland Mayor Ron Dellums and his wife owe more than $200,000 in back taxes to the Internal Revenue Service, property records indicate. Alameda County records show the IRS has placed ...

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