Tax filing online is becoming more the norm these days, and identity theft involving tax filing has increased. Read on for seven easy ways to avoid becoming an identity theft victim during tax filing season.
GOP Rep. Dave Camp wants his recently unveiled tax reform plan to bring simplicity to a US tax code that is '10 times the size of the Bible with none of the good news.' It won't get traction this election year, but it starts the conversation.
In about one in ten counties, 11 percent or fewer taxpayers itemize while in another 10 percent at least 38 percent of taxpayers claim deductions.
Rep. Darrell Issa, chairman of the Oversight and Government Reform Committee, has apologized to Rep. Elijah Cummings for cutting him off at a hearing into alleged abuses by the IRS.
Americans with existing healthcare plans will be able to keep those programs for another two years, the Obama administration says, while those without care face a penalty. And maybe a little good news: The average 2013 tax refund was 3 percent higher than the previous year.
Tensions boiled over after former IRS official Lois Lerner again refused to testify before the House Oversight Committee. Chairman Darrell Issa then cut off the microphone of the ranking Democrat.
This week's roundup of Good Reads includes monarch butterflies in peril, identity theft, crossbreeding super vegetables, a profile of E.E. Cummings, and how much we don't know about science.
Billions of dollars in tax revenue is lost through Swiss bank accounts, a Senate panel charges. But hundreds of billions of dollars are lost through more mundane tax evasion. Why is Congress making it harder for the IRS to collect the much bigger sum?
The House will release a tax plan on Wednesday that would cut the top individual tax rate to 25 percent. Read on for the GOP's tax proposal and and teh rest of today's tax news.