IRS Pushed to Crack Down on ‘Mega IRAs’
GAO report offers recommendations to IRS on reining in large retirement accounts with hard-to-value assets.
Tax Extenders Bill in Jeopardy as Debt Limit Looms
“No one has any idea how to pay for that,” one analyst says.
IRS Prods Lawmakers to Pass Tax Extenders
Senate Finance Chairman Wyden prodded Congress after the IRS warned that failure to act could disrupt tax filing season.
IRS Warns of FATCA Phishing Scams
Scam artists posing as the IRS have fraudulently solicited account holder identity and financial account information.
IRS Warns on Phone Scams as Its Contractors Put Taypayer Info at Risk
Agency warns of the biggest phone scam it has ever seen; meanwhile, a report finds IRS gave contractors taxpayer data without mandatory background checks.
IRS Tweaks Offshore Account Rules to Prod Tax Cheats to Pay Up
IRS expands its program to encourage the millions of Americans who have cheated on their taxes with offshore accounts to come forward.
IRS Says It Will Revise Rules on Political Nonprofit Groups
Following political uproar from many sides, agency said it will revise rules on 401(c)(4) groups before holding public hearings.
IRS’ Top 12 Tax Scams: 2014’s Dirty Dozen
The spring tax season is a lucrative one for scam artists who prey on both unwary victims and complicit tax evaders.
New Hire Roundup: Altegris Names Jack Rivkin CIO
Meanwhile, Convergent welcomed Richard Wells and the Senate Finance Committee approved three nominees for federal positions.
Freddie Mac CEO and 3 Chairmen to Resign
Freddie Mac CEO Charles E. "Ed" Haldeman Jr. will resign within the next year, according to the government regulator that oversees the mortgage giant.