Topic: Internal Revenue Service
Tax-related identity theft is the fastest growing kind of identity theft. Between 2005 and 2009 complaints to the Federal Trade Commission tripled from 11,000 to nearly 34,000, according to a Scripps Howard News Service investigation. Thieves steal personal information to use for themselves or sell, or they take it to divert a tax refund into their own pockets. Identity theft, as a whole, is on the decline, but the abundance of personal information in circulation during tax season makes it a prime time for thieves to strike. Here are four tips for keeping your information safe:
04/14/2011 01:14 pm
Tax evasion, nonpayment, and underpayment are important factors in the $300 billion the IRS doesn't collect each year. Why the tax evasion? Lack of enforcement is one reason.
04/14/2011 12:11 am
Many people would answer a resounding 'yes.' But some experts caution that tax rates, when looked at historically and in comparison with those of other countries, aren't that bad. Here are some statistics – and how the debate might go between those who think taxes are too onerous and those who don't.
04/13/2011 01:43 pm
On Tax Day 2011, the 'Making Work Pay' tax break, which can be worth up to $800 per household, is one of several tax credits for which filers may be eligible.
04/12/2011 08:34 pm
To finance the Civil War, the Union government levied taxes on products, companies, and incomes. How income taxes have – and haven't – changed in the 150 years since.
04/12/2011 07:48 pm
According to The Smoking Gun, an investigatory website that examined the Donald J. Trump Foundation's tax forms, Trump 'may be the least charitable billionaire in the United States.'
04/12/2011 05:10 pm
The IRS has released an app that lets taxpayers track the status of their tax refund via smartphone.
04/12/2011 01:24 pm
US military action in Libya has led to new concerns about defense spending in Washington. It's time for Congress to make cuts.
04/12/2011 10:20 am
Homeowners who got the first-time homebuyers tax credit in 2008, beware. You have to start paying it back on Tax Day 2011. But other homeowners are in line for new deductions.
04/11/2011 07:01 pm
Tax filing is required, even for illegal immigrants, under US and Arizona law. But in a new tax-filing crackdown, Arizona is not sending out refunds when ID numbers don't match.
04/11/2011 11:08 am