IRS

Although the Internal Revenue Service’s (IRS’s) travel card program controls are generally effective, the agency needs to take more aggressive action to address card misuse.

With the IRS scandal over targeting conservative groups still simmering, two senators -- one from each party -- say the time is ripe to push the beleaguered agency to go after a real, proven target: federal employees who are tax cheats.

The chief lawyer for Koch Industries said Friday that government targeting of conservative political groups is nothing new to the Wichita-based company.

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.

The Internal Revenue Service has slammed the Miccosukee Indians with a bill of $170 million for the West Miami-Dade tribe's failure to report and withhold taxes from its distribution of gambling profits to tribal members, according to court records.

Gov. Paul LePage said Monday that his long-term goal is to eliminate Maine's income tax, but he reiterated his opposition to a plan before the Legislature that would cut the income tax rate in half while raising and lowering other taxes.

Sen. John McCain, R-Ariz, charged at the hearing that Apple's tax practices violated the spirit of the law and, in a statement Monday, called them "highly questionable."

BOSTON – Nearly two dozen Tea Party activists rallied outside the John F. Kennedy Federal Building in downtown Boston on Tuesday as part of a nationwide protest against the Internal Revenue Service over the targeting of conservative groups. “The IRS is only one part of it. The present administration we have is reeking with corruption,” […]