IRS Puts Brakes On E-Filing PINs After More Automated Attacks
The Internal Revenue Service (IRS) has announced that the Electronic Filing Personal Identity Numbers (e-filing PIN) tool is no longer available on IRS.gov or by toll-free phone.
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As Markets Fall On Brexit News, Understanding When A Loss Isn't Really A Loss
In a record-breaking referendum, a majority of voters opted for the United Kingdom to exit the European Union. At the news, markets dropped, worrying investors. But did you actually lose money? Here’s how to understand realized losses from losses on paper.
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IRS Targeting Scandal: Citizens United, Lois Lerner And The $20M Tax Saga That Won't Go Away
In 2013, Acting Director of Exempt Organizations at IRS, Lois Lerner, apologized to tax lawyers for the IRS’s inappropriate targeting of political groups. Her comments set off a chain of events that would fire officials and consider impeachment proceedings for IRS Commissioner Koskinen’s actions.
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Ryan Again Vows To Repeal Obamacare, Unveils GOP Alternative
Speaker of the House Paul Ryan (R-WI) had promised that the Republicans in the House would offer a proposal that would replace Obamacare. This week, he revealed the plan, which relies on individual tax credits as well as expanding health savings accounts (HSAs).
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'Dance Moms' Star Abby Lee Miller Reaches Deal With Feds, Will Plead Guilty
“Dance Moms” star Abby Lee Miller has made a deal with federal prosecutors in the criminal cases filed against her and will enter a guilty plea.
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When Raising A Child Costs $245,340, It Pays To Strategize For Tax Breaks
FORBES launches a new eBook – “Ask The Taxgirl: Everything Parents Should Know About Filing Taxes”
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Philly Congressman Found Guilty On All Charges In Corruption Case
Rep. Chaka Fattah (D-PA) has been found guilty of all counts against him, including racketeering, fraud and money laundering.
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Report: Americans Spend More Than 8.9 Billion Hours Each Year On Tax Compliance
Americans will spend more than 8.9 billion hours complying with IRS tax filing requirements in 2016. A new report breaks it down for you.
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IRS Warns On Charity Scams Following Orlando Tragedy
Days after the deadliest mass shooting in the United States, the Internal Revenue Service (IRS) issued a consumer alert about possible fake charity scams.
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House Committee Votes To Censure IRS Commissioner Koskinen
The House Oversight and Government Reform Committee has voted to censure Internal Revenue Service (IRS) Commissioner John Koskinen over obstruction claims. Specifically, Koskinen was accused of misconduct related to an investigation into IRS targeting of groups seeking tax-exempt status.