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Internal Revenue Service


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

    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.

  • Last minute tax tips for maximum returns   Thursday, 3 Apr 2014 | 7:30 AM ET
    Last minute tax tips for maximum returns

    It's getting down to the wire and your taxes are due soon. You don't want to miss out on important tax credits and deductions that can save you money. Sharon Epperson talks to Elda Di Re, a partner and tax leader at Ernst & Young, about retirement plan contributions, job-relaxed expenses, charitable donations and other tax moves that can help filers save money, even in the 11th hour.

  • Hedge fund vultures feast on Lehman corpse Friday, 28 Mar 2014 | 3:08 PM ET
    September 15, 2008, the day the 150-year-old Lehman Brothers declared bankruptcy.

    Lehman Brothers may be long dead, but its assets continue to be a lucrative investment for hedge funds.

  • College sports unions: 'Careful what you wish for' Thursday, 27 Mar 2014 | 4:33 PM ET
    Northwestern University quarterback Kain Colter, No. 2, wears APU for "All Players United" on wrist tape as he scores a touchdown during an NCAA football game against Maine in Evanston, Ill.

    If the ruling on allowing Northwestern University football players to unionize stands all challenges, it may not be so easy to do.

  • Rep. Jordan: IRS needs a special prosecutor   Thursday, 27 Mar 2014 | 10:50 AM ET
    Rep. Jordan: IRS needs a special prosecutor

    Rep. Jim Jordan, R-Ohio, discusses America's energy plan and his call for an independent special prosecutor to investigate the targeting of tax-exempt organizations by the IRS.

  • IRS position on bitcoin only positive: Pro   Wednesday, 26 Mar 2014 | 11:38 AM ET
    IRS position on bitcoin only positive: Pro

    CNBC's Jon Fortt and Jon Steinberg, BuzzFeed president & COO, discuss the decision of the IRS to treat bitcoin as a property, not a currency.

  • Andreessen calls bitcoin bulletproof, has words for Buffett

    CNBC's Josh Lipton reports from CoinSummit, the bitcoin conference in San Francisco, where Marc Andreessen shared some tough words on bitcoin and putting it to work.

  • IRS: Bitcoin is property, not currency   Tuesday, 25 Mar 2014 | 2:18 PM ET
    IRS: Bitcoin is property, not currency

    CNBC's Eamon Javers reports the IRS is saying bitcoin should be treated as a property, not a currency.

  • Tax-fraud phone scam hits thousands: IRS watchdog Friday, 21 Mar 2014 | 9:00 AM ET

    Fraudsters have scammed thousands by posing as the US Internal Revenue Service and demanding money for unpaid taxes, said the IRS' watchdog.

  • Don't make these mistakes with your 401(k)   Tuesday, 18 Mar 2014 | 7:00 AM ET
    Don't make these mistakes with your 401(k)

    For many people, most of their savings are tied up in their 401(k) where they think their money is safe and will continue to grow. CNBC's Sharon Epperson speaks with three top financial advisors about the most common mistakes people make with their 401(k) savings plans.

  • How to get tax questions answers fast   Monday, 17 Mar 2014 | 10:00 AM ET
    How to get tax questions answers fast

    The countdown to the April 15th tax filing deadline is on and the IRS is inundated with taxpayers' calls. CNBC's Sharon Epperson explains how you can get help -- fast.

  • IRS 'used as cudgel' against American people: Katz   Tuesday, 11 Mar 2014 | 7:16 PM ET
    IRS 'used as cudgel' against American people: Katz

    Radio talk show host Tony Katz shares his opinions on the IRS scandal.

  • Confused about taxes? Answers to tricky questions Tuesday, 11 Mar 2014 | 8:00 AM ET

    Are you confused at tax time? You're not alone. TurboTax provided CNBC with answers to some of the most common questions on its website.

  • 3 ways to grow your 401(k), no matter your age Tuesday, 11 Mar 2014 | 7:00 AM ET

    All generations of pre-retirees are facing some level of savings shortfall, but there are steps anyone can take to help build their 401(k).

  • Why can't we kill the 'Marriage Tax Penalty?'   Friday, 7 Mar 2014 | 2:00 PM ET
    Why can't we kill the 'Marriage Tax Penalty?'

    Millions of Americans ask each year why is it so tough to get rid of the marriage penalty. As CNBC's Allison Linn reports, it basically comes down to the fact that you can't have both a progressive tax system and a system that treats married and single people differently without some falling into the hole -- and without some complaining.

  • Same-sex couples face tax challenges   Friday, 7 Mar 2014 | 2:00 PM ET
    Same-sex couples face tax challenges

    Same-sex couples who took a trip to the alter this year, or are just filing a joint federal return for the first time, will have a host of new issues to deal with, reports CNBC's Allison Linn.

  • Tax don'ts & IRS red flags   Friday, 7 Mar 2014 | 9:00 AM ET
    Tax don'ts & IRS red flags

    CNBC consumer reporter Kelli Grant discusses IRS red flags that can lead to an audit.

  • IRS delay bites into H&R Block earnings, revenue Thursday, 6 Mar 2014 | 6:11 PM ET
    Tax preparer, left, helps a woman at an H&R Block office in San Francisco.

    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.

  • IRS feud flares on Capitol Hill today   Wednesday, 5 Mar 2014 | 9:48 AM ET
    IRS feud flares on Capital Hill today

    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.

  • Refund dilemma: To save or splurge?   Friday, 28 Feb 2014 | 11:00 AM ET
    Refund dilemma: To save or splurge?

    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.