"The litany of red flags is just extraordinary,” a former IRS official told The Trace.
Related topics: Taxes
ProPublica: “Since 2015, thousands of complaints have streamed in — from citizens, public interest groups, IRS agents, government officials and more — that C4s are abusing the rules. But the agency has not stripped a single organization of...
Related topics: Taxes
Lori Loughlin and Mossimo Giannulli are set to be audited by the Internal Revenue Service (IRS).Read more...
One day in 2012, the IRS turned Randy Sowers’ life upside
down when agents seized his entire bank account—$63,000 in hard-earned money.
Now, Congress is advancing legislation that would end the
practice that made that travesty...
Related topics: Banking
Never on time?
Related topics: Taxes
“It is, in a way, a map of poverty in this country,” ProPublica reporter Paul Kiel says.
BILL HEMMER (CO-ANCHOR): Just to get a little deeper in the story, Steve Mnuchin was on with Maria [Bartiromo] this morning on Fox Business and he said what he wants to be very careful about is not weaponizing the IRS. He said, "I'll follow the...
Related topics: Taxes
On Tax Day, you may be wondering where do all those hard-earned tax dollars go? Here's where.
Related topics: Taxes
House Ways and Means Committee Chair Richard Neal (D-Mass.) has asked for six years of President Trump's personal and business tax returns by April 23, using a law that doesn't give Treasury Secretary Steven Mnuchin much wiggle room. On Fox News...
Related topics: Mike Huckabee, Taxes
Quant hedge fund Renaissance Technologies, founded by mathematician James Simons and known for both its unprecedented success: it has been dubbed the most profitable hedge fund in history, as well as its secrecy, may have a hidden liability that...
Related topics: Hedge Funds
Ways and Means Committee Chair Richard Neal issued a request from the IRS to provide six years of tax returns for Donald Trump to his committee, pursuant to IRS code 6103 by April 10. The date came and went with Trump proxies like Treasury...
Related topics: Taxes, Donald Trump
When you owe money to the Internal Revenue Service (IRS), you have a few options for making your tax payment. You can use IRS Direct Pay to have your payment withdrawn from your bank account for free; you can send in a check to the IRS; or you...
Related topics: Taxes, Credit Cards, Banking
The Democratic chairman of the U.S. House Ways and Means Committee on Saturday set a new April 23 deadline for the Internal Revenue Service to comply with his request for six years of President Donald Trump's personal and business tax returns.
In...
Related topics: Donald Trump, Taxes
There’s no one IRS address. The one you use depends on where you’re filing from. Here’s where to send yours.
Related topics: Taxes
Here are three of the week's top pieces of financial advice, gathered from around the web:
40 years' worth of lattes Does buying a daily latte put your retirement nest egg at risk? asked Barry Ritholtz at Bloomberg. The answer is — probably not....
Related topics: Bloomberg
Hunter DeRensis
Donald Trump, United States
As Tax Day approaches, most Americans are busy trying to keep their money from the IRS. Meanwhile, President Donald Trump is busy trying to keep his tax returns from Congress.
As Tax Day approaches, most...
Related topics: Donald Trump, Taxes
You wouldn’t want a news cycle to pass without something to read about Michael Avenatti, and lord knows he wouldn’t either. Because he cares, and because he’s apparently been on an IRS watch list for a decade, that will never happen.Read...
BRIAN KILMEADE (CO-HOST): Every time I see a Facebook executive, Twitter executive come up to Capitol Hill, it reminds me so much of what happened with the IRS and the tea parties. They had -- the tea party had so much success in 2010 sidelining...
Related topics: Tea Party, Social Media, Facebook
On Wednesday, Treasury Secretary Steve Mnuchin sent a letter to Congress refusing to allow the IRS to hand over six years of Trump’s tax returns by the April 10 deadline. While Mnuchin did not deny the congressional demand, he said he needs...
Related topics: Taxes
This news will be hard to swallow for the millions of average taxpayers who are getting ready to file their tax returns with the IRS by April 15.
At least 60 of the country’s biggest corporations paid absolutely nothing in federal income tax...
Related topics: Taxes