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Romney To Pay More In Taxes?

The Huffington Post | Mark Gongloff | Posted 05.25.2012

Uncle Sam seems to be gearing up to take more tax dollars from Mitt Romney and his brothers in the private-equity fraternity. The Internal Revenue ...

Watchdog: Obama Should 'Light A Fire' Under IRS Whistleblower Office

Reuters | Posted 05.11.2012

By Patrick Temple-West WASHINGTON, May 10 (Reuters) - A Republican senator advocating for whistleblowers called on President Barack Ob...

Identity Theft Racks Up Huge Bill For IRS

The Huffington Post | Bonnie Kavoussi | Posted 05.08.2012

In the battle between the Internal Revenue Service and identity thieves, the thieves are winning. In the next five years, the U.S. may issue as muc...

Dan Froomkin

Who Are You Going To Believe: Karl Rove Or Your Lying Eyes?

HuffingtonPost.com | Dan Froomkin | Posted 05.07.2012

WASHINGTON -- Crossroads Grassroots Policy Strategies, the political ad-buying organization cofounded by Republican strategist Karl Rove in 2010, has ...

We Should Be Wary of the IRS Preparing Our Taxes

Edward J. Black | Posted 04.25.2012

Edward J. Black

If the IRS starts preparing our taxes for us, that right will cease to exist. Even with its flaws, Americans would most certainly prefer our current tax filing system over putting their faith in the IRS to fairly do it for them.

Why Families Are Racing To Adopt

Reuters | Posted 04.25.2012

By Amy Feldman NEW YORK, April 24 (Reuters) - Julie and Brett Redden are in a hurry for the paperwork to go through fo...

4 Nonprofit Principles To Guide Deficit Reduction

Diana Aviv | Posted 04.23.2012

Diana Aviv

Last week millions of Americans observed the time-honored tradition of waiting until the last possible moment to pay their taxes.

Should You Expect An Audit?

The Huffington Post | Rieva Lesonsky | Posted 04.23.2012

It may be a little late to dispensing tax advice, but often the best time to start preparing for next tax season is while the IRS is still fresh on yo...

ALEC Running Tax Scam for Big Companies

Bob Edgar | Posted 04.23.2012

Bob Edgar

Today, Common Cause is announcing a whistleblower complaint against ALEC. We are submitting several thousand pages of ALEC's internal records that we believe demonstrate beyond debate that ALEC for years has lied to the IRS and the American public about its activities.

ALEC Hit With Serious Accusation

AP | MIKE BAKER | Posted 04.23.2012

OLYMPIA, Wash. — Open government advocates accused a conservative legislative group Monday of falsely claiming tax-exempt status while doing wid...

Tax Cheats: Here's When You Can Relax

Wall Street Journal | Laura Saunders | Posted 04.20.2012

Is a tax sin haunting you? Maybe you paid a baby sitter under the table, or "forgot" to declare income, or deducted personal expenses as business c...

Bored to Death

Cole Hill | Posted 04.19.2012

Cole Hill

"The IRS knows very well that such qualities help insulate them from public protest and political opposition, and that abstruse dullness is actually a much more effective shield than is secrecy," says David Foster Wallace's in "The Pale King."

IRS Rule Could Threaten Some Banks' 'Viability'

Reuters | Posted 04.18.2012

April 17 (Reuters) - Banks in Texas, Florida and other southern states could face a pull-out of non-U.S. depositors due to a new U.S. rule finalized...

How We're Spending Our Tax Return

Posted 04.17.2012

If you're like us, you might be getting a little bit of money back from the federal government this year, so you better start planning what you're goi...

Tax Day Doesn't Belong to the Tea Party Anymore

Mark Engler | Posted 04.17.2012

Mark Engler

This year, if you say "Tax Day" and "social movement," the Tea Party isn't necessarily the first thing that comes to mind. And if you go looking for a protest, you'll likely find folks protesting against the tax evaders of the top 1 percent.

Why Congress Should Increase the IRS Budget

Christopher Bergin | Posted 04.17.2012

Christopher Bergin

By slashing the IRS budget, Congress has achieved something truly noteworthy -- undermining its own ability to raise revenue and cut the federal deficit. Isn't that a bit like cutting off your nose to spite your face?

Alice Hines

We Will Not Be Shamed Into Paying Taxes!

HuffingtonPost.com | Alice Hines | Posted 04.19.2012

Terrence Revere recently discovered that he is part of a notorious group that includes hip-hop star Damon Dash and financial institutions American Exp...

U.S. Lost $1 Billion To Banks In Last 10 Years Thanks To Tax Shelter

Posted 04.16.2012

By Megan Murphy and Vanessa Houlder, Financial Times and Jeff Gerth, ProPublica In November 2001, Bank of New York, a mid-tier U.S. bank, transfe...

Family Bonding at Tax Time

Hayden Bixby | Posted 04.15.2012

Hayden Bixby

I have to admit that I'm sad to see another tax season come to a close. I'm not saying I love paying taxes, but I am saying that I love doing taxes.

Stop Procrastinating: Last Minute Tax Tips

Credit.com | Posted 04.13.2012

Credit.com

If you're like me, and putting off finishing your taxes until the last minute, you can at least be thankful that we have until April 17th this year to file. I turned to Lisa Greene-Lewis, a CPA and the Turbotax Blog Manager, for advice.

Karl Rove's Crossroads 'Grassroots' Group Funded By $10 Million Checks

Posted 04.14.2012

WASHINGTON -- The “GPS” in Crossroads GPS ostensibly stands for grassroots policy strategies, but the Washington Post reported Friday that nearly ...

How To Check The Status Of Your Tax Refund

Posted 04.13.2012

If you're filing your tax return at the last minute, the Internal Revenue Service says you can expect to see your refund in 10 to 21 days if you e-fi...

How To File A Tax Extension

Huffington Post | Emily Cohn | Posted 04.13.2012

Worried you won't get your taxes done in time? Here's some good news: you can file an automatic six-month extension with the IRS and receive no late p...

The IRS Has A Ton Of Money Waiting For You

Posted 04.12.2012

Think you don't need to file your tax returns because you don't make enough money? Think again. Even though you may not owe the IRS anything this y...

8 Scary Tales of Celebrity Tax Troubles

InvestingAnswers | Posted 04.12.2012

InvestingAnswers

Examining these celebrity cases, a few common themes stick out. First, always file your tax return. Even if you don't have enough money to pay your full bill, the harshest penalties are always for failure to file.