GO
Loading...

Internal Revenue Service

More

  • 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.

  • 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

  • IRS under fire for bad refunds     Wednesday, 14 May 2014 | 3:33 PM ET

    The IRS reportedly paid out $13 billion in improper tax credits last year by mistake. CNBC's Eamon Javers reports.

  • IRS might have paid $13B to the wrong people Tuesday, 13 May 2014 | 2:28 PM ET

    The Internal Revenue Service paid more than $13 billion in tax credits last year to people who may not have qualified.

  • Fewer audits this year due to budget cuts: IRS Wednesday, 7 May 2014 | 4:34 PM ET

    IRS Commissioner Koskinen said the IRS will audit 100,000 fewer individuals this year as part of congressionally mandated cuts to the agency's budget.

  • US works to curb tax-driven business moves abroad Wednesday, 30 Apr 2014 | 12:58 PM ET
    U.S. drugmaker Pfizer proposed buying AstraZeneca for about 58.8 billion pounds ($98.7 billion) in what would rank as the industry's biggest-ever takeover, surpassing Pfizer's $64 billion purchase of Wyeth in 2009.

    The Obama administration is focused on finding ways to curb tax-motivated reincorporations to other countries by U.S. businesses.

  • IRS setting poor example?     Wednesday, 23 Apr 2014 | 2:16 PM ET

    Why the IRS hands out bonuses to its employees, even those who may owe back taxes, with Grover Norquist, Americans for Tax Reform founder & president.

  • A recent report shows that over 1,000 IRS employees with "federal tax compliance problems" received more than $1 million in bonuses. CNBC's Eamon Javers reports.

  • 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.

  • Your odds of an IRS audit     Tuesday, 15 Apr 2014 | 7:17 AM ET

    CNBC's Robert Frank and CNBC contributor Ben White take a look at what's likely to trigger an audit by the tax man.

  • Taxing times     Friday, 11 Apr 2014 | 12:00 AM ET

    April 15th is just days away, but there's no need to panic. Personal Finance Correspondent Sharon Epperson shares her top tips for getting your taxes in on time and error-free.

  • Why we're not saving for college     Thursday, 10 Apr 2014 | 12:01 AM ET

    A new study found only half of parents with children under 18 years old are saving for college, and as CNBC's Sharon Epperson reports, most of them say it's because they don't have the money.

  • Money-saving advice for last minute tax filers     Wednesday, 9 Apr 2014 | 4:00 PM ET

    There's one week to go before your federal taxes are due. Now, if you haven't done you 1040s yet, there's still some time and if you're a last-minute filer, Sharon Epperson has some money-saving advice on getting the most out of your return.

  • Incompetent tax preparers scourge of IRS     Wednesday, 9 Apr 2014 | 12:00 PM ET

    A week before the April 15th deadline, Federal auditors have released a scathing report on the tax preparation industry, calling much of the industry incompetent and sometimes, crooked. NBC's Chris Clackum reports.

  • How to file a tax extension     Wednesday, 9 Apr 2014 | 8:29 AM ET

    Think you will miss the April 15 deadline? Don't despair. File an extension to avoid penalties.

  • Anyone can be a tax preparer ... really!     Tuesday, 8 Apr 2014 | 12:00 AM ET

    At a Senate hearing in Washington today, John Koskinen, IRS Commissioner, and Nina Olson, a national taxpayer advocate, urged Congress to pass a proposal that would allow the IRS to regulate all tax preparers.