Homebuyer tax credits, according to a government investigator, were illegally claimed by hundreds of US prison inmates.
May's dismal consumer spending numbers could be an early sign that the government's stimulus funding has been unsuccessful in boosting the economy.
Extreme tax avoidance could frustrate Obama's plans to trim the deficit.
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.
Rand Paul’s simplistic assertions neglect the blood-soaked reality of the fight for civil rights.
A new far-reaching anthropological study on dual-earner families demonstrates how differently economists work from other social scientists.
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.
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.
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.