Internal Revenue Service


  • Bitcoin set to take over the financial world: Book Monday, 1 Dec 2014 | 11:06 AM ET
    A Israeli man buys Bitcoins at the first Bitcoin ATM machine installed in the Middle East on June 11, 2014 at the Town-House TLV hotel in the Mediterranean coastal city of Tel Aviv.

    A new book claims Bitcoin will someday replace the whole global financial system, doing the job of banks and insurance companies.

  • The IRS has a new $1B problem: Prisoners Friday, 28 Nov 2014 | 11:57 AM ET

    The number of bogus claims by prisoners jumped to 137,000 in 2012 and the figure is expected to go even higher, Fiscal Times reports.

  • Are you at risk for this major tax penalty? Friday, 14 Nov 2014 | 8:00 AM ET

    Most retirees haven't yet taken required minimum distributions—putting them at risk for a 50% tax penalty. But it's a misstep easily avoided.

  • $1.5M sent in error to manager (both are missing) Thursday, 30 Oct 2014 | 10:36 AM ET

    Credit Suisse wants a hedge fund to return $1.5 million, but the fund's manager is missing, the New York Times reports.

  • Uncle Sam wants you to consider this for retirement Friday, 24 Oct 2014 | 9:47 AM ET

    To ensure retirees don't run out of money, the IRS and the Treasury just issued guidance to expand the use of these investment vehicles.

  • Are 401(k) plans setting up millennials for pain? Monday, 20 Oct 2014 | 9:41 AM ET

    Conventional methods of investing in 401(k) plans may hurt millennials in the long run, reports The Fiscal Times.

  • Congressional crisis that could raise your taxes Monday, 13 Oct 2014 | 9:44 AM ET

    If Congress fails to renew tax extenders, the IRS will be significantly delayed, reports the Fiscal Times.

  • Why the Secret Service matters in the midterms Thursday, 2 Oct 2014 | 12:32 PM ET
    Secret Service Director Julia Pierson testifies at a House hearing on the White House security breach, Sept. 30, 2014.

    Recent government missteps could cost the midterm elections for the Democrats, NBC News reports.

  • More than 90,000 hit by IRS jail scam: Report Saturday, 13 Sep 2014 | 9:17 AM ET
    The IRS building in Washington, D.C.

    Scammers claiming to represent the IRS are threatening people with jail if they don't pay tax bills.

  • Tough tax rules see expats ditch US passports Thursday, 11 Sep 2014 | 4:34 AM ET

    Expatriate Americans are renouncing their citizenship in record volumes because of increasingly onerous tax-filing requirements.

  • The man who targeted the IRS before the GOP groused Tuesday, 15 Jul 2014 | 10:19 AM ET
    The Internal Revenue Service headquarters is shown in Washington, April 9, 2014.

    A former adviser to President Obama's transition team was waging his own legal battle against the IRS before conservatives took the agency to court.

  • Tech savvy prostitutes trade pimps for Web pages Friday, 11 Jul 2014 | 12:11 PM ET

    Street walkers are still around, but escorts have taken to the Web and seen a surge of interest and a perceived lower risk of arrest.

  • Santelli Exchange: IRS crash  Friday, 27 Jun 2014 | 10:51 AM ET

    CNBC's Rick Santelli speaks to Senator Orrin Hatch, (R-Utah), about the IRS email scandal. Senator Hatch says the crash looks terrible and the emails are probably gone forever.

  • Kudlow: IRS has no credibility  Friday, 20 Jun 2014 | 3:37 PM ET

    Discussing the IRS email controversy, with CNBC's Larry Kudlow, and CNBC contributor Jared Bernstein. Kudlow says the IRS has consistently misled the House Ways and Means Committee.

  • IRS faces cover-up allegations  Friday, 20 Jun 2014 | 3:34 PM ET

    IRS commissioner John Koskinen is under fire over claims that specific emails of ex-official Lois Lerner are gone forever because a hard drive was destroyed, reports CNBC's Eamon Javers.

  • 'Lost' emails really gone forever?  Monday, 16 Jun 2014 | 3:39 PM ET

    In the wake of claims by the IRS that Lois Lerner's emails from 2009 to 2011 are missing, Alex McGeorge, Immunity, discusses if it's plausible that emails of an IRS official could vanish.

  • How to protect yourself from bogus IRS agents  Monday, 9 Jun 2014 | 2:00 PM ET

    CNBC contributor Herb Weisbaum explains how consumers can combat an alarming trend in the underworld of tax fraud -- crooks pretending to be IRS or U.S. Treasury agents calling about a problem with your tax return. It's a scam that continues long after tax season officially ends.

  • IRS delays rules on taxation for activists Friday, 23 May 2014 | 10:32 AM ET

    The IRS will revamp rules made to curb political activity by nonprofits after receiving more than 150,000 comments. The NYT reports.

  • US to pot farmers: You can't use federal irrigation Wednesday, 21 May 2014 | 8:46 AM ET
    Mike Corral cuts branches from a marijuana plant as he prepares a harvest in Davenport, Calif.

    The U.S. Bureau of Reclamation wants weed growers to know that, at least at the federal level, the times they aren't a-changing.

  • Bogus billions: IRS' $13b problem  Wednesday, 14 May 2014 | 3:37 PM ET

    CNBC's Larry Kudlow and Eamon Javers discuss the $13 billion in improper tax credits paid out by the IRS. Kudlow says the IRS is rife with problems and is poorly managed