The SEC claims businessman Sam Wyly's proposed budget in bankruptcy filing will make it harder to collect fraud claims from him.» Read More
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.
Revenue received by the league office—more than a half billion dollars since 2010—is untouchable to the Internal Revenue Service. NBC News reports.
The inspector general of the IRS says it is still having major problems cutting down on improper EITC payments to individuals, reports CNBC's Eamon Javers.
CNBC's Eamon Javers reports due to the government shutdown, the IRS will start taking 2013 returns between January 28th and February 4th.
The Treasury Inspector General for Tax Administration (TIGTA), the IG that oversees the IRS, said today the agency has not taken enough action to reduce improper payments to beneficiaries of the earned income tax credit. CNBC's Eamon Javers reports.
More large American corporations are reducing their tax bill by buying a foreign company and effectively renouncing their United States citizenship.
Champagne time? Friday marks the 100th anniversary of the current U.S. income tax code. It's doubtful anyone will celebrate what one expert calls a system run amok.
Legal same-sex marriages will be recognized for federal tax purposes, the Obama administration said, allowing couples to claim the same tax benefits as heterosexual couples.
The Michael Jackson estate said the taxable value of the singer's image and likeness was $2,105, while the IRS says it's more like $434 million.
A top Democrat probing the IRS scrutiny of tea party groups released documents Friday suggesting that "occupy" and other liberal-leaning groups received similar vetting.
Erskine Bowles, Debt Commission co-chairman, shares his thoughts on how a bipartisan approach to tax reform will help create jobs.
Erskine Bowles, Debt Commission co-chairman, discusses overhauling the current tax code to help create jobs and make the nation more competitive.
The "Power Lunch" panel talk about a housing shortage for the wealthy, the IRS shutdown, and a parking spot in San Francisco that sold for $82,000.
Jack Welch, Jack Welch Management Institute founder, explains how a "split role" in executive leadership leads to "shopping" the company.
Sen. Bob Corker, (R-TN), shares his views on why the government should get its fiscal house in order through entitlement and tax reform, privatizing intelligence gathering, and implementing GSE reform.
Former GE boss Jack Welch explains why he believes the man who exposed secret U.S. surveillance programs should be brought back to the U.S. and prosecuted. He also talked about his skepticism over the employment report.
A misfired email from an IRS worker in Cincinnati three years ago alerted IRS officials in Washington to the extra scrutiny given to conservative groups, according to what the worker told congressional investigators.
CNBC's Eamon Javers reports that two IRS officials have been placed on administrative leave for accepting $1,100 in free food and other items.
CNBC's John Harwood, reveals the highlights of a new NBC News-Wall Street Journal poll that shows recent political turmoil has had only a modest impact so far on the president's standing.
CNBC's Eamon Javers has the latest details from today's IRS tax targeting hearings on Capitol Hill.