Stories tagged: IRS
Thu., Jan. 25, 2018, 6 a.m.
Shawn Vestal: If you think tax cuts are unleashing the economy, wait till you see the pot numbers
The new federal tax cuts should add a jolt to the state’s economy, a new revenue forecast says. Not a huge jolt. Not a marijuana-sized jolt.
Sat., Jan. 20, 2018, 3:10 p.m.
Government shutdown: What’s closed, who’s affected
Thousands of federal employees began their weekends gripped with doubt, uncertain of when they’ll be able to return to work and how long they’ll have to go without being paid …
UPDATED: Tue., Nov. 14, 2017, 11:06 p.m.
Identity theft scam netted Nigerians $11 million, and prison
A Nigerian man has been sentenced to seven years in federal prison for his role in the bilking of over $11 million via an identity-theft scheme from the Internal Revenue …
Thu., Oct. 26, 2017, 1:46 p.m.
Trump names Treasury official to be acting IRS commissioner
The White House named a Treasury official to serve as acting commissioner of the Internal Revenue Service on Thursday, succeeding an IRS commissioner who has drawn the ire of congressional …
UPDATED: Thu., Oct. 26, 2017, 12:33 p.m.
U.S. agrees to pay tea party groups in suits over IRS scrutiny
The Trump administration has agreed to a “very substantial” payout and is apologizing to tea party groups to settle lawsuits over the extra, often burdensome IRS scrutiny they received when …
UPDATED: Fri., Oct. 20, 2017, 5:40 p.m.
Nerd Wallet: Surprise! Four things you didn’t know were taxable
Tax season begins in just a few months, which means there’s precious little time left to prevent unwelcome tax surprises next April. For many people, the blow comes when they …
UPDATED: Fri., Oct. 13, 2017, 7:16 p.m.
Under pressure from Congress, IRS suspends Equifax contract
The IRS suspended a $7.25 million contract with the credit reporting company Equifax Friday after members of Congress complained the tax agency had awarded a no-bid contract to a company …
UPDATED: Wed., Oct. 4, 2017, 12:05 p.m.
Senators bewildered by Equifax contract with IRS after hack
Senators are expressing bewilderment that credit reporting company Equifax has received a $7.25 million contract with the IRS to provide taxpayer and personal identity verification services.
UPDATED: Tue., Oct. 3, 2017, 4:40 p.m.
Scandal-plagued Equifax wins $7.25 million contract from IRS
The company at the center of the biggest breach of personal information just signed a contract with the federal government to provide, well, personal information.
UPDATED: Fri., Aug. 25, 2017, 10:39 a.m.
WSU professor says IRS is breaking privacy laws by mining social media
People should be aware “that what they say and do online” could be used against them by the IRS, says Kimberly Houser, associate professor of business law at Washington State …
Tue., Aug. 22, 2017, 7:53 a.m.
H&R Block taps former Uber exec to serve as CEO
H&R Block Inc. has named a former Uber executive as its new CEO.
Fri., Aug. 4, 2017, 10:59 a.m.
Substance sickens at least 10 people at Kansas City IRS site
A fire official says about 10 people were sickened by a suspicious package in the mailroom of a sprawling IRS building in downtown Kansas City, Missouri.
Tue., July 25, 2017, 11:52 a.m.
IRS see big drop in identity theft, stolen tax refunds
The IRS says it is seeing a big drop in the number of tax refunds being stolen by identity thieves after the agency teamed up with tax preparers to fight …
Tue., July 11, 2017, 7:27 p.m.
IRS lien shows Floyd Mayweather owes $22.2 million on 2015 taxes
The IRS says boxer Floyd Mayweather Jr. still owes $22.2 million in taxes from 2015, the year he earned his biggest payday with a blockbuster fight against Manny Pacquiao.
UPDATED: Tue., July 11, 2017, 12:12 p.m.
Man accused of mailing severed finger, fake bomb to IRS
An Olympia man who authorities say mailed one of his fingers to the IRS is now facing federal charges.
Fri., May 19, 2017, 8:27 a.m.
Foot Locker stock plunges after blaming tax-refund lag for slowdown
Foot Locker Inc. suffered its worst stock decline in more than eight years after first-quarter results missed analysts’ estimates, an outcome the retailer blamed in part on slow income-tax refunds.
Sun., May 14, 2017, 12:04 p.m.
IRS agents: Public testimony would put their lives in danger
IRS officials facing a tea party lawsuit over alleged targeting say their lives would be in danger if they testify publicly.
UPDATED: Sat., May 6, 2017, 9:49 p.m.
Trump order makes some preachers ecstatic, others cringe
President Donald Trump’s order to ease limits on political activity by religious organizations is being met with both enthusiasm and dread from religious leaders, with some rejoicing in the freedom …
UPDATED: Thu., May 4, 2017, 5:47 p.m.
Trump limits IRS action over church political activity
Declaring he was giving churches their “voices back,” President Donald Trump signed an executive order Thursday aimed at easing an IRS rule limiting political activity for religious organizations – a …
Wed., April 26, 2017, 9:05 p.m.
Ex-sergeant pleads guilty in false tax returns case
A former U.S. Army sergeant has pleaded guilty to using hacked information from four University of Pittsburgh Medical Center employees to file false tax returns seeking IRS refunds.
Wed., April 26, 2017, 11:57 a.m.
Trump has ‘no intention’ of releasing tax returns, Treasury secretary proclaims
The U.S. treasury secretary says President Donald Trump “has no intention” of releasing his taxes returns to the public.
Wed., April 26, 2017, 10:41 a.m.
NY lawmakers: Compel Trump to release state tax returns
New York would release the state tax returns for Donald Trump and other New Yorkers holding high office under state legislation crafted by Democratic lawmakers.
Sun., April 16, 2017, 5 a.m.
Tom Kelly: Time, tax breaks for moving from unruly neighbors
If the neighbors were the prime mover in your decision to sell the family home, Uncle Sam just might give you a break.
Sun., April 16, 2017, 4 a.m.
BBB tip of the week: What private IRS collectors means to you
The most common scam attempt is the “IRS Collection” call or email. The Internal Revenue Service has contracted with
UPDATED: Sat., April 15, 2017, 9:26 p.m.
Tax Day demonstrators in US take on Trump, his supporters
Thousands of sign-waving, chanting protesters have marched through streets across America demanding that President Donald Trump release his tax returns so the public can examine his business ties and determine …
Fri., April 14, 2017, 4:48 a.m.
Activists to Trump: Show us your tax returns
Democratic lawmakers and activists plan to hit the streets Saturday at Tax Day protests around the country and demand President Donald Trump release his tax returns.
Thu., April 13, 2017, 8:49 p.m.
Tax tips for last-minute filers
It’s mid-April and you haven’t filed your income tax returns yet? People have a million reasons to procrastinate and, in some cases, run up against the tax filing deadline, which …
Sun., April 9, 2017, 4 a.m.
NerdWallet: Can’t decide what to do with your tax refund? Split it
For many people, getting a tax refund is like getting a handful of sand: It’s virtually impossible to hang on to much of it. But it doesn’t have to be …
UPDATED: Sun., April 2, 2017, 12:09 a.m.
Spokane police move away from assigning investigators exclusively to fraud cases
Fraud cases are now being assigned at the precinct level, rather than to a dedicated fraud unit of detectives, in the Spokane Police Department, a gradual shift that began five …
Tue., March 14, 2017, 12:14 p.m.
White nationalist group’s tax-exempt status revoked by IRS
The U.S. government has revoked the tax-exempt status of a group run by prominent white nationalist Richard Spencer for its failure to file tax returns. Internal Revenue Service records show …