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  • Obama budget plan would boost tax revenues: CBO Thursday, 17 Apr 2014 | 11:14 AM ET
    President Barack Obama gives remarks after touring the Mechatronics class at the Community College of Allegheny County West Hills Center in Oakdale, Pennsylvania, April 16, 2014.

    President Obama's fiscal 2015 budget request would boost US tax revenues by nearly $1.4 trillion over 10 years if fully enacted, the CBO said.

  • WASHINGTON, April 17- President Barack Obama's fiscal 2015 budget request would boost U.S. tax revenues by nearly $1.4 trillion over 10 years if fully enacted, slashing deficits by $1.05 trillion while funding new spending, the Congressional Budget Office said on Thursday. There is virtually no chance that Congress will advance Obama's plan in its entirety.

  • Kansas revenue chief expects boost in projections Thursday, 17 Apr 2014 | 5:01 AM ET

    TOPEKA, Kan.— New projections Kansas officials were drafting Thursday are likely to show the state on pace for higher tax revenues than initially thought through June 2015, Revenue Secretary Nick Jordan said.

  • TOKYO, April 17- The Bank of Japan maintained its upbeat view on most of the country's regional economies, adding to reassurances from its governor that the world's third-largest economy can ride out the pain from a sales tax hike without additional stimulus.

  • Philadelphia chocolate store closed over tax spat Wednesday, 16 Apr 2014 | 6:27 PM ET

    PHILADELPHIA— A popular Philadelphia chocolate maker and candy store has been shuttered by the city days before Easter. WPVI-TV said Wednesday the Department of Revenue revoked the business license of the Blasius Chocolate Factory in the city's Kensington neighborhood.

  • Internet retailer Amazon to start collecting taxes Wednesday, 16 Apr 2014 | 4:40 PM ET

    TALLAHASSEE, Fla.— Floridians who rely on Internet giant Amazon.com will have to soon start paying taxes on their online purchases. A spokesman for the Seattle- based company confirmed Wednesday that Amazon will collect the state's 6 percent sales tax on May 1.

  • April 16- CBS Corp said on Wednesday that the Internal Revenue Service gave a favorable ruling to the company's plan to convert its outdoor advertising subsidiary, CBS Outdoor Americas Inc, into a real-estate investment trust. Media conglomerate CBS holds an 81 percent stake in CBS Outdoor, which went public in late March.

  • Canadian charged in 'Heartbleed' attack on tax agency Wednesday, 16 Apr 2014 | 2:43 PM ET

    OTTAWA, April 16- Canadian police have arrested a 19- year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from a government website, the Royal Canadian Mounted Police said on Wednesday.

  • Tax fraud day?     Wednesday, 16 Apr 2014 | 10:45 AM ET

    Tax day is here and while many are rushing to file on time, others are ready to fraudulently claim a refund.

  • Hoeness tax case has Germans dashing to confess Wednesday, 16 Apr 2014 | 5:34 AM ET

    BERLIN— The high-profile tax evasion trial against former Bayern Munich president Uli Hoeness has prompted a surge in the number of Germans turning themselves in to authorities for failing to properly declare their taxes.

  • Snail-mail: Good luck filing at a late post office Tuesday, 15 Apr 2014 | 4:21 PM ET
    A sign states business hours in the James A. Farley post office in Manhattan, which is open late today, the last day to file taxes on April 15, 2014.

    The tax deadline is midnight tonight, and those filing last minute will need to find a post office that stays open late, NBC reports.

  • April 15- New York state's top financial regulator has ordered Credit Suisse to turn in the employment records of its former New York head as part of a widening investigation into potential tax evasion involving the Swiss bank, a source close to the matter told Reuters.

  • Tips to avoid IRS audit     Tuesday, 15 Apr 2014 | 2:55 PM ET

    Many rich people have the most complicated returns for various reasons. Discussing whether the rich are targeted or not by the IRS, with Dan Mitchell, Cato Institute senior fellow, and Charles Rossotti, author of "Many Unhappy Returns."

  • Dish to refund $2M to Washington state customers Tuesday, 15 Apr 2014 | 2:43 PM ET

    SEATTLE— Dish Network Corp. will reimburse Washington state customers about $2 million for a surcharge officials called deceptive, but the satellite TV provider denied wrongdoing in the agreement announced Tuesday by the state attorney general's office.

  • NY subpoenas Credit Suisse in tax probe: Source Tuesday, 15 Apr 2014 | 2:36 PM ET

    The subpoena sought e-mails, personnel files, travel records, expenses and other materials of employees of Credit Suisse's New York office.

  • Power Rundown: CEO tenure, taxes & more     Tuesday, 15 Apr 2014 | 1:50 PM ET

    CNBC's Tyler Mathisen and "The Profit" host Marcus Lemonis, look at today's Power Lunch stories, including the WSJ report GE CEO Immelt may not stay until the mandatory retirement age of 65, as well as the tax code.

  • Stolen identity tax fraud     Tuesday, 15 Apr 2014 | 1:47 PM ET

    One cybersecurity expert says the more technologically "plugged in" you are, the more vulnerable you are to identity theft. CNBC's Scott Cohn has the story.

  • March Oklahoma revenue misses mark by 9.1 percent Tuesday, 15 Apr 2014 | 1:06 PM ET

    OKLAHOMA CITY— Oklahoma's finance secretary says collections by the general revenue fund fell 9.1 percent below the official estimate in March. Secretary of Finance Preston Doerflinger said Tuesday the state experienced another month of unusually low corporate income tax revenue.

  • Union fights push to hire private tax collectors Tuesday, 15 Apr 2014 | 12:53 PM ET

    The IRS stopped using private tax collectors in 2009 after determining that agency employees could do a better job. The National Treasury Employees Union said the program failed in the past and should not be forced on the IRS. The Senate Finance Committee passed a bill two weeks ago that included an amendment requiring the IRS to revive the program.

  • 5 steps the rich can take to try to avoid an audit Tuesday, 15 Apr 2014 | 12:32 PM ET
    Don’t audit me because I’m beautiful. Supermodel Gisele Bundchen recently told a Brazilian news site that she was audited by the IRS after she was listed on Forbes' Supermodel Rich List. The former Victoria's Secret model has been on the Forbes list for seven straight years.

    There are only two ways sure-fire ways to reduce your chances of getting audited by the IRS: keep your taxes simple, and don't make a lot of money.Rich people don't have that choice, of course.

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