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Internal Revenue Service

Same Sex Marriage, Taxes and Winning the Lottery

Don McNay | Posted 10.10.2014 | Business
Don McNay

The first step that all seriously committed couples, same sex or heterosexual, should do is find a competent financial planner to help them plot out a well thought out strategy.

IRS Surrenders, Won't Check Whether Political Nonprofits Are Breaking The Law

The Huffington Post | Ashley Alman | Posted 07.14.2014 | Politics

The Internal Revenue Service has decided to award most nonprofit groups tax exemption status without being screened, Time reported Sunday. IRS Comm...

The IRS Challenges Tax Deductions for Facade Conservation Easements

Brad Reid | Posted 09.06.2014 | Business
Brad Reid

Conservation easements preserve ecosystems, open spaces, and appearances. Almost all states have legislation allowing a landowner to donate or sell de...

Charitable Deductions for Animal-Rescue Volunteers

Julian Block | Posted 09.01.2014 | Money
Julian Block

When the annual reckoning with the IRS rolls around, their willingness to help out entitles them to write-offs for unreimbursed expenses incurred while they do volunteer work for rescue groups like the Humane Society of the U.S and the ASPCA.

Man, Woman, Money, Taxes

Julian Block | Posted 08.30.2014 | Business
Julian Block

The courts often have to resolve the troublesome question of whether a tax-free "gift" was actually a payment for services rendered. Not surprisingly, the question has come up when the IRS insisted on its share of sizable amounts received by women from men who weren't their husbands.

What's in Your Mailbox? Tips on What to Do When Uncle Sam Comes Knocking

Steve Mariotti | Posted 08.25.2014 | Money
Steve Mariotti

Every year, one in 10 of us receives the dreaded letter. You know the one -- and you probably don't want to open it: the IRS requesting more information about your finances.

IRS: We Gave Lois Lerner's Hard Drive to Deposed Nigerian Prince Who Emailed Us

Spencer Green | Posted 08.24.2014 | Comedy
Spencer Green

"It is standard IRS policy to send the crashed hard drives of our former Exempt Organizations Division directors to deposed Nigerian or Haitian princes when said hard drives are requested," explained IRS Strained Credulity spokesperson Whitcomb P. Abernathy.

Loyalty and Responsibility

William B. Bradshaw | Posted 07.31.2014 | Politics
William B. Bradshaw

We hear so much these day about banks and companies that have become so large they are unable to manage themselves -- that there are so many layers of bureaucracy that illegal and unethical behavior can go undetected for years.

Tax Court Upholds Business-Expense Deduction for Topless Dancer's Breast Implants

Julian Block | Posted 07.08.2014 | Divorce
Julian Block

Just because you incur expenses for business reasons doesn't mean that they automatically qualify as deductible. The Internal Revenue Code stipulates ...

Howard's Daily: Trust the Government?

Philip K. Howard | Posted 07.08.2014 | Politics
Philip K. Howard

Government today is a tangled jungle of incoherent law and regulation because we look to words, rather than personal responsibility, as the way of safeguarding against error.

Fixing What's Wrong With the IRS

Tom Fox | Posted 06.23.2014 | Politics
Tom Fox

John Koskinen is the commissioner of the Internal Revenue Service (IRS), presiding over the nation's tax system, which collects approximately $2.4 tri...

Small Business Owners: How Many Missed Taking the Small Business Health Care Tax Credit?

Don McNay | Posted 06.18.2014 | Small Business
Don McNay

A Kentucky professional who owns his own business found that he missed getting the Health Care Tax Credit. For the past four years! Since the credit is worth 35 percent of what he is paying in health insurance, his business lost out on about $40,000.

Deep in the Heart of Taxes

Glenn C. Altschuler | Posted 06.14.2014 | Books
Glenn C. Altschuler

In American Tax Resisters, Romain Huret, a professor of American History at the University of Lyon 2 in France, reminds us that anti-tax crusades have deep roots in American political culture, dating back to the Boston Tea Party.

Michael McAuliff

Not Implicated In the Lois Lerner IRS Furor: The White House

HuffingtonPost.com | Michael McAuliff | Posted 04.13.2014 | Politics

WASHINGTON -- Two House of Representatives committees held nearly unprecedented votes this week targeting the former IRS official at the heart of the ...

Michael McAuliff

Republicans Vote To Hold Former IRS Official In Contempt

HuffingtonPost.com | Michael McAuliff | Posted 04.10.2014 | Politics

WASHINGTON -- Republicans on the House Oversight and Government Reform Committee voted on party lines Thursday to hold in contempt of Congress the for...

House Panel To Hold Contempt Vote On IRS Official

Posted 06.10.2014 | Politics

By STEPHEN OHLEMACHER, The Associated Press WASHINGTON (AP) -- A House committee is voting on whether to hold a former Internal Revenue Service off...

Michael McAuliff

Republicans Vote For Criminal Probe Of Lois Lerner In IRS Scandal

HuffingtonPost.com | Michael McAuliff | Posted 04.09.2014 | Politics

WASHINGTON -- The House Ways and Means Committee took the scandal over the Internal Revenue Service's botched scrutiny of political nonprofits to a ne...

Protect Yourself from IRS Tax Scams

Andrew Wang | Posted 06.01.2014 | Money
Andrew Wang

With tax season upon us, taxpayers are not the only ones preparing for tax filing day. The Internal Revenue Service warns consumers that there are sophisticated scams targeting taxpayers throughout the country.

Sam Stein

The IRS Will Get Another Round In The Scandal Spotlight This Week

HuffingtonPost.com | Sam Stein | Posted 03.02.2014 | Politics

WASHINGTON -- The controversy surrounding the IRS’ targeting of conservative groups seeking tax-exempt status may end up back in the news this week ...

'We're Not Afraid To Take The Fight To Them'

Center For Public Integrity | Dave Levinthal | Posted 02.21.2014 | Politics

Four years ago, the Supreme Court's Citizens United v. Federal Election Commission decision remade the rules for how political campaigns are waged....

In First Visit To Congress, IRS Chief Pleads For Fresh Start

Reuters | Posted 04.07.2014 | Politics

By Patrick Temple-West WASHINGTON, Feb 5 (Reuters) - The new chief of the U.S. Internal Revenue Service on Wednesday said the tax agen...

What's Deductible for Legal Fees When Couples Divorce

Julian Block | Posted 04.05.2014 | Divorce
Julian Block

The IRS prohibits any deduction for the cost of personal advice, counseling and legal action in a divorce. For example, there's no write-off for what a husband spends to resist his wife's demands for more alimony or to set aside a pre¬nuptial property agreement.

A Valuable Tax Credit Too Many Workers Don't Know About

Jim Gibbons | Posted 04.01.2014 | Impact
Jim Gibbons

Imagine if you qualified for a valuable tax credit but weren't even aware of it. Unfortunately, this is the case for far too many Americans when it co...

IRS' Tea Party Scrutiny Dodges Criminal Charges: Report

Reuters | Posted 03.15.2014 | Politics

WASHINGTON, Jan 13 (Reuters) - The FBI is not planning to file criminal charges involving the Internal Revenue Service's extra scrutiny of the Tea P...

Audit Survival Strategies

Julian Block | Posted 03.15.2014 | Money
Julian Block

Just because you can back up every item on your return, don't think you can forget about an audit. Those relentless IRS computers may bounce your retu...