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Internal Revenue Service

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  • 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.

  • No FBI criminal charges for IRS?  Tuesday, 14 Jan 2014 | 7:28 PM ET

    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.

  • ID thieves out to steal your tax refund  Tuesday, 14 Jan 2014 | 4:00 PM ET

    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 thieves gear up to steal your tax refund Tuesday, 14 Jan 2014 | 8:00 AM ET

    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.

  • IRS tax refund ID scams hit record high in 2013 Wednesday, 8 Jan 2014 | 8:23 AM ET

    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.

  • US cracks down on tax evasion, targets tax havens Thursday, 19 Dec 2013 | 4:18 PM ET
    The statue of Albert Gallatin stands outside the U.S. Department of the Treasury building in Washington, D.C.

    The Treasury Department said it has signed six more anti-tax evasion pacts with foreign governments.

  • Nearly 1,200 IRS vendors owe back taxes Wednesday, 18 Dec 2013 | 10:02 AM ET
    The Internal Revenue Service (IRS) building in Washington, D.C.

    The Internal Revenue Service has been doing business with nearly 1,200 vendors that owe back taxes, including one contractor that owed $525 million.

  • Obama cracks down on political nonprofits  Tuesday, 26 Nov 2013 | 7:15 PM ET

    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.

  • Year-end tips to lower tax bite  Tuesday, 12 Nov 2013 | 1:43 PM ET

    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.

  • Critics cry foul as NFL defends nonprofit status Monday, 28 Oct 2013 | 9:31 AM ET

    Revenue received by the league office—more than a half billion dollars since 2010—is untouchable to the Internal Revenue Service. NBC News reports.

  • IRS losing billions  Tuesday, 22 Oct 2013 | 7:49 PM ET

    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.

  • IRS: 2014 tax season to start late  Tuesday, 22 Oct 2013 | 4:08 PM ET

    CNBC's Eamon Javers reports due to the government shutdown, the IRS will start taking 2013 returns between January 28th and February 4th.

  • Too many improper EITC payments: TIGTA  Tuesday, 22 Oct 2013 | 2:00 PM ET

    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.

  • New way to cut your taxes: Merge overseas Wednesday, 9 Oct 2013 | 11:20 AM ET
    Japan's Tokyo Electron chairman Tetsuro Higashi (L) shakes hands with US semiconductor giant Applied Materials CEO Gary Dickerson (R) after they agreed to merge, at a press conference in Tokyo on September 24, 2013.

    More large American corporations are reducing their tax bill by buying a foreign company and effectively renouncing their United States citizenship.

  • Happy birthday, income tax, you're 100 years old Friday, 4 Oct 2013 | 9:09 AM ET

    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.

  • US grants wide tax recognition to same-sex couples Thursday, 29 Aug 2013 | 3:20 PM ET

    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.

  • IRS vs. Jacko estate: A $434 million dispute Tuesday, 27 Aug 2013 | 6:53 PM ET
    Michael Jackson at a press conference in New York in 1992.

    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.

  • IRS documents show liberal groups also vetted Friday, 12 Jul 2013 | 2:29 PM ET

    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 'Enthusiastic' About Tax Reform  Monday, 1 Jul 2013 | 8:15 AM ET

    Erskine Bowles, Debt Commission co-chairman, shares his thoughts on how a bipartisan approach to tax reform will help create jobs.

  • Erskine Bowles' Wipe the Slate Clean Tax Reform  Monday, 1 Jul 2013 | 8:05 AM ET

    Erskine Bowles, Debt Commission co-chairman, discusses overhauling the current tax code to help create jobs and make the nation more competitive.