Tax fraudsters, beware. The Internal Revenue Service announced this week that it's turning up the heat on identity thieves. On Thursday, the agency revealed it had taken action against 389 people in January during a
You may have received an email from Federal Student Aid recommending that you use the IRS Data Retrieval Tool to transfer tax information directly from the IRS into your FAFSA. Should you choose to take this action, go to
"In addition to facing budget cuts and the potential retirement of many experienced employees, the work performed by IRS employees continually requires greater expertise as tax laws become more complex and far reaching,"
The IRS should now focus squarely on all of the business profits of private equity funds, and not just the profits allocated to the managers. And it can write regulations to treat the profits as ordinary income without waiting for
The IRS Just Sent Me $160,000. Can I Keep It? We've probably all had the experience where a store cashier accidentally hands over too much in change, and we kindly point out the error and decline the windfall. We're basically forgoing "free" money, but
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