Irs | featured news

A spokesman for the governor says the matter is related to a paperwork discrepancy and has nothing to do with the payment of taxes. The Internal Revenue Service has filed a federal tax lien against Gov. Arnold Schwarzenegger for nearly $80,000, public records show.

The Internal Revenue Service on Tuesday disclosed the criteria being used by the Swiss banking giant UBS to select names of American clients that will be turned over to the agency as part of a settlement of a tax evasion case.

Under an amnesty program, the IRS is allowing taxpayers to avoid prosecution for failing to report those accounts. Tax attorneys have been besieged by wealthy clients who are lining up to apply.

Wealthy U.S.

Negotiators initial settlement that averts legal showdown over U.S. government's landmark challenge to Swiss bank secrecy, lawyer says.

The Internal Revenue Service has begun sending refund checks to investors who paid taxes on money they thought they had made before the multibillion-dollar fraud was revealed.

U.S. has been seeking data on depositors suspected of using UBS bank accounts to hide cash from IRS.

Americans think the Federal Reserve is doing a worse job than even the much-maligned Internal Revenue Service.

The chairman of the U.S. Senate Finance Committee plans to introduce legislation to give U.S. tax collectors more tools to police offshore tax evasion, an aide to the senator said on Wednesday.

Some taxpayers -- and even some in the IRS -- resent what appears to be a double standard that favors powerful people like Cabinet nominees.

The Treasury secretary, who oversees the IRS, initially didn't pay all his taxes. Neither did five other top nominees for the Obama administration or their spouses.

If the IRS cuts you a check, a vacation may suddenly seem doable. Get inspired by our seven fully itemized, long-weekend itineraries, starting at $895 for a family's complete expenses. That's far less than the average tax refund of about $2,700.