Posts Tagged

IRS

Business Headlines

published Apr 15th 2016, 11:59 am, by Stephen Mihm (Bloomberg View) — This probably will beggar belief for the millions of Americans struggling to meet this year’s April 18 deadline to file their income tax returns, but the Internal Revenue Service says it has gotten better at handling taxpayer questions.

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Business Headlines

©2016 Bloomberg News O0K45CSYF01S (Bloomberg) — Former billionaire entrepreneur Samuel Wyly’s “difference of opinion” with the Internal Revenue Service could turn an offshore fortune into an onshore fraud if the agency gets its way. Wyly, 81, and the estate of his late brother Charlesjoined forces for a trial Wednesday against

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Business Headlines

©2015 Bloomberg News Richard Rubin (Bloomberg) — Republicans in the U.S. House called for the firing of IRS Commissioner John Koskinen, saying the man brought in to turn around the tax agency has lost their trust. Twenty-one House Republicans signed a letter calling on President Barack Obama to dismiss Koskinen.

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Business Headlines

©2015 Bloomberg News NOZAND6K50Y8 (Bloomberg) — Identity thieves stole information on 104,000 U.S. taxpayers from the IRS website and used the data to file fake tax returns that yielded as much as $50 million in refunds, agency Commissioner John Koskinen said. The thieves had enough personal information on the taxpayers

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