Topic: Internal Revenue Service
Top galleries, list articles, quizzes
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Playing the IRS card: Six presidents who used the IRS to bash political foes
Since the advent of the federal income tax about a century ago, several presidents – or their zealous underlings – have directed the IRS to use its formidable police powers to harass or punish enemies, political rivals, and administration critics. Here are six infamous episodes.
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Briefing
IRS 101: Seven questions about the tea party scandal
How the tables have turned: The Internal Revenue Service is the one under the microscope now, as revelations emerged Friday that the agency wrongly targeted conservative groups seeking nonprofit status. Here’s an accounting of what has happened, along with the ramifications.
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5 myths about amnesty for illegal immigrants in Senate bill
Under a bipartisan Senate immigration bill, immigrants who have come to the United States illegally are given a "path to citizenship." On close inspection, each of the following five claims about the requirements for illegal immigrants to earn amnesty are not what they seem.
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Income taxes: Five changes for 2012
Here are new income tax provisions to watch for as you work through your 1040 form:
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Ten tax moves to protect yourself from the fiscal cliff
Americans are facing an unprecedented tax increase of nearly $500 billion on Jan. 1, 2013, from the so-called "fiscal cliff." Are you ready? Here are 10 year-end tax strategies I recommend:
All Content
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Reader Mailbag: Tips on handling a debt snowball
A look at a reader's debt snowball and how to go about paying it off.
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Who'd get hit with a tax hike: small business or the rich?
Most of the businessmen in the two top income brackets are not the lawyer or corner grocer who files Schedule C.
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The Monitor's View: Warren Buffett, Bill Gates, and the billionaire challenge
In winning over 38 billionaires to pledging half their wealth to charity, Warren Buffet and Bill Gates also set a better climate in the political debate over ending the Bush tax cuts on the rich.
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Timothy Geithner: Obama will look at changing tax code next year
At a Monitor-sponsored breakfast for reporters Thursday, Treasury Secretary Timothy Geithner gave praise for Elizabeth Warren and discussed Obama administration plans for the estate tax and housing reform.
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Airline fees for baggage and service add to ticket price confusion
Airline fees are not part of the ticket price, meaning they can easily go unseen until it's too late for the consumer to shop around.
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The Roth IRA roll: A quiet explosion in IRA conversions
In the long run, turning billions of dollars from tax-deferred to tax-free savings through the tax change will be a huge loser for Treasury.
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Boston Pops and the Justice Department suit against the Arizona immigration law
Americans as well as immigrants showed up for music and fireworks in Boston on the Fourth of July. In Massachusetts, the immigrants who live here illegally are relatively safe. Not so in nearby Rhode Island. The differences between the two states point to a likely argument in the Justice Department suit against the Arizona law.
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BP oil spill: Claims can't make up losses for many Gulf residents
The BP oil spill has cost the company almost $150 million and counting in compensation for damages to Gulf Coast workers and businesses. But replacing millions in undocumented income from the tourist-driven Gulf economy may prove impossible.
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L'Oréal trial: heiress Bettencourt's tax shelters, gifts alienate belt-tightening French
The trial of a photographer charged with trying to defraud L'Oréal heiress Liliane Bettencourt started today, but was suspended to examine secretly made tapes in which Bettencourt discussed tax shelters with an adviser. Disaffection with elite privileges is rising in France.
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Why auto-enroll 401(k)'s could reduce your savings
While more employees enroll thanks to the opt-out design, their employers are likely to match less of their contributions.
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Wesley Snipes tax evasion case: Snipes hoping for new trial
Wesley Snipes has been asking for his conviction to be overturned. Now his attorneys want a new trial based on Snipes's former financial adviser's arrest.
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Homebuyer tax credits illegally claimed by prison inmates?
Homebuyer tax credits, according to a government investigator, were illegally claimed by hundreds of US prison inmates.
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Government spending and the façade of a successful economy
May's dismal consumer spending numbers could be an early sign that the government's stimulus funding has been unsuccessful in boosting the economy.
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When taxes rise next year, will the rich avoid them?
Extreme tax avoidance could frustrate Obama's plans to trim the deficit.
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A small step toward tax equality for same-sex couples
Three IRS rulings the rulings will lower the tax burden for many same-sex couples. But the changes don’t address a host of other ways in which same-sex couples face less-favorable tax treatment.
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Opinion: Rand Paul and the danger of careless rhetoric about civil rights
Rand Paul’s simplistic assertions neglect the blood-soaked reality of the fight for civil rights.
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Creating a laboratory out of a messy world: a look at how economists work
A new far-reaching anthropological study on dual-earner families demonstrates how differently economists work from other social scientists.
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Searching for unclaimed money? It's easier than it used to be.
Americans could be owed $33 billion in unclaimed money, such as forgotten bank accounts. The money per account is usually small, but the search process has become easier with the Internet.
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Wealthy Americans shoulder health care tax burden
President Obama is 'spreading the wealth,' that is, taxing the rich and redistributing the wealth. Good policy or heavy-handed intrusion?
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Glenn Beckers, check out HuffPo, Obama urges at Michigan
At the University of Michigan today, Obama took a shot at the fiery anti-government rhetoric dominating the nation's political debate. But calls for civility can come at a cost.
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Should we stop using the IRS to run social programs?
Don Alexander, IRS Commissioner during the Nixon and Ford Administrations, argued passionately that the IRS’s job is to collect tax revenues, and not administer social programs. That conflict is at the root of the controversy that 47 percent of Americans owed no income tax in 2009.
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Oklahoma City bombing: Is 1995 repeating itself today?
Americans observed the 15th anniversary of the Oklahoma City bombing Monday. Some believe that the extremist political climate in which the bomber, Timothy McVeigh, operated is resurging.
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Tax Day 101: OK, April 15 is over, time to plan for April 15 (2011)
Whew! You've filed your 2009 tax return, but it's not too early to think about 2010. Personal-finance experts say this is a year to plan for some significant tax changes on the horizon.
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Washington's tax day 'tea party': sun, slogans, and a ukulele
The tax day 'tea party' in Washington felt like a party indeed, with protesters almost joyful on a summery day where they accused administration officials of treason and rallied for GOOOH.
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Photos of the Day: Photos of the Day 04/15
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