Tax day is here and while many are rushing to file on time, others are ready to fraudulently claim a refund.» Read More
H&R Block is blaming a delay in the opening of the Internal Revenue Service's e-file system for a huge shortfall in its third-quarter revenue.
Rep. Darrell Issa, R-Calif., frustrated by former IRS Director of Exempt Organizations Lois Lerner, dismisses a House Oversight Committee hearing before Rep. Elijah Cummings, D-Md., has an opportunity to make his statement. Rep. Cummings voices his strong objection and continues, even after Chairman Issa leaves.
The latest IRS data shows the government has already issued more 31 million refunds this year. The average individual refund so far is $3,211, according to the IRS. CNBC's Allison Linn reports on how, despite best intentions, many people find it difficult to save their refunds.
This past week saw important steps in the effort to combat offshore tax avoidance, a Treasury official explains.
While millions of Americans gripe about paying taxes, some willingly contribute to reduce the national debt or just help out the U.S. Treasury. CNBC's Allison Linn reports.
CNBC.com Consumer Reporter Kelli Grant explains how to avoid one of the major reasons for tax return mistakes.
Hairdressers are regulated in all 50 states, but fewer than five regulate tax preparers according to a new report and this is causing a lot of problems. CNBC's Herb Weisbaum offers tips to make sure your tax preparer is qualified.
Actor and singer Pat Boone and Jeremy Boreing, "Friends of Abe" executive director, discuss the IRS's target on the group "Friends of Abe" in Hollywood. Boone calls the group a fellowship, not a political action committee.
As millions prepare to file their tax returns, CNBC's Kelley Holland shares some advice on how to save money and avoid making common mistakes.
A new survey found that fewer Americans are getting their questions answered by the Internal Revenue Service, and the service they do get is much worse than in previous years. CNBC's Allison Linn reports.
The IRS answered a smaller share of taxpayer calls and kept taxpayers on hold longer last year than in other recent years. And it may get worse.
The FBI reportedly does not plan to file criminal charges in IRS probe. Mark Meckler, Citizens for Self-Governance president, weighs in on the investigation of the targeting of conservative groups.
Identity theft is already a serious problem—the No. 1 complaint to the FTC—and as CNBC's Herb Weisbaum reports, tax-related ID theft is a growing part of this crime spree.
Identity theft is already a serious problem—the No. 1 complaint to the FTC—and tax-related identity theft is a growing part of this crime spree.
The IRS says last year there was a 66 percent increase from 2012 in tax fraud from Social Security identity theft of nearly $50bln in refund claims.
The Senate on Friday voted to confirm John Koskinen as the new head of the Internal Revenue Service.
The Treasury Department said it has signed six more anti-tax evasion pacts with foreign governments.
The Internal Revenue Service has been doing business with nearly 1,200 vendors that owe back taxes, including one contractor that owed $525 million.
Amid the IRS targeting scandal, the Treasury Department is proposing stricter rules keeping nonprofits from getting tax exemptions. Jay Sekulow, American Center for Law and Justice, says the government is trying to make what they did illegally, legal through the regularity process.
CNBC's Sharon Epperson reports individuals with taxable incomes over $400,000 have been catapulted into a new 36.9 percent federal tax bracket this year, up 35 percent.