IRS

Each Oscar nominee will receive an "Everybody Wins at the Oscars" gift basket, aka Swag Bag, worth just less than $48,000.

A Lancaster, Pennsylvania restaurant company is facing mounting tax bills, which have grown to more than $2 million. The Keares Restaurant Group now has $2.2 million in federal tax liens for unpaid taxes, penalties and interest on several businesses, some that have been closed for more than 10 years. The recently filed liens include: $932,680 […]

The standard mileage rates for business travel expenses for 2013. Also, medical mileage rates, moving driving rates, and charitable driving rates for deduction purposes.

Three people involved in a fraudulent tax-refund scheme were sentenced Thursday in federal court in Orlando for conspiring to defraud the government.

Three Texas personal injury lawyers will have to pay up after a tax court decided yesterday that they invested hard-earned fees in tax shelters that couldn’t pass the Internal Revenue Service’s smell test.

Greg Moore and Irvin "Jim" Jones Jr. have been friends for more than 40 years. For most of the past 10 years, they worked together at Jones' business, which performed inventory services for large companies.

Company Reiterates Full-year Revenue Guidance

The Internal Revenue Service reminds taxpayers who converted amounts to a Roth IRA or designated Roth account in 2010 that in most cases they must report half of the resulting taxable income on their 2012 returns.