IRS

Minnesota Revenue Commissioner Myron Frans and his boss, Gov. Mark Dayton will unveil their plan for overhauling the state’s tax system on Tuesday, Jan. 22. It is expected to include tax increases to help eliminate the $1.1 billion shortfall and add funds to education and other programs the governor deems essential. While Frans wouldn’t reveal […]

The IRS has announced a simplified option that many owners of home-based businesses and some home-based workers may use to figure their deductions for the business use of their homes.

Jan. 14–ST. LOUIS — A man confined to a St. Louis halfway house on a federal crack cocaine charge helped a Florida woman cash out the proceeds from her $1.4 million tax scam, officials said Monday. Federal prosecutors on Monday charged Jason Bibbs, 27, with conspiracy to commit false claims. In the affidavit accompanying the […]

The IRS has released the 2013 federal income tax tables, which include annual inflation adjustments.

A Massachusetts man was convicted today of defrauding the Internal Revenue Service out of nearly $2 million by lying on corporate tax forms about how many workers he employed, according to the U.S. Attorney's Office.

A husband and wife from Brooklyn, Conn., have been charged by federal prosecutors with conspiracy to defraud the Internal Revenue Service and four counts of tax evasion.

The IRS's National Taxpayer Advocate Nina E. Olson released her 2012 annual report to Congress on Wednesday, identifying the need for tax reform as the overriding priority in tax administration.

We narrowly avoided going over the fiscal cliff earlier this month, but Congress' down-to-the-wire decision making has had an unsavory side effect.