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IRS criminal investigations increase

AP — Thu, 17 Jul 2008 21:37:44 +0000

The IRS Criminal Investigation Division completed more than 4,200 investigations in the 2007 budget year, with about one half resulting in conviction for a crime, according to a report issued...

IRS: There's still time to claim rebate

AP — Fri, 11 Jul 2008 16:26:14 +0000

The government on Friday sent out the last of the economic stimulus checks for people who filed tax returns before April 15.

IRS warns taxpayers to be on the lookout for scams

AP — Thu, 10 Jul 2008 20:03:53 +0000

The Internal Revenue Service warned taxpayers Thursday of a rash of identity theft scams where thieves try to steal personal information by promising tax benefits or threatening...

Judge: IRS can seek tax info from Swiss bank

AP — Tue, 01 Jul 2008 21:30:50 +0000

A federal judge agreed Tuesday to allow the IRS to serve legal papers on Swiss banking giant UBS AG in an expanding investigation into U.S. taxpayers who may have used overseas accounts to hide assets and avoid...

Bigger tax write-off ready for high-cost fuel

AP — Mon, 23 Jun 2008 19:14:58 +0000

The Internal Revenue Service, citing the drain that high gas prices are having on people’s finances, said Monday it is raising the automobile mileage rate that businesses and others can...

Larger mileage write-off ready for high-cost fuel

AP — Mon, 23 Jun 2008 18:29:00 +0000

The Internal Revenue Service is raising for the remainder of this year the mileage rate that businesses and others can claim for operating costs.

IRS has issued about $64 billion in economic stimulus checks

AP — Thu, 19 Jun 2008 15:46:29 +0000

The Internal Revenue Service has issued 76.5 million payments worth $63.8 billion as part of the economic stimulus package that Congress passed and President Bush signed into law last...

Tax agency gives storm victims more time to file

AP — Mon, 16 Jun 2008 18:44:23 +0000

Storm and flood victims in Iowa, Indiana and Wisconsin will get more time to make quarterly estimated tax payments due Monday, the Internal Revenue Service said.

Yankees may seek more public financing for new stadium

AP — Thu, 12 Jun 2008 01:41:25 +0000

New York City officials confirmed Wednesday that the New York Yankees may be interested in seeking more public financing to build their new stadium, pending a regulation change by the...

IRS: More people filing returns electronically

AP — Wed, 28 May 2008 14:56:12 +0000

More taxpayers are avoiding that April 15 dash to the post office by filing their returns electronically, the Internal Revenue Service said Wednesday.