Tax-Exempt Nonprofits Owe Millions in Payroll Taxes
Some tax-exempt groups are seriously delinquent on payroll taxes, but the IRS doesn’t appear too eager to go after them, according to a recent report.
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’ 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.
Searching for Yield? New ETF Taps U.S. Infrastructure
Yorkville, one of the smaller players in the ETF space, filled a niche that some believe has been neglected: U.S. infrastructure.
Estate Tax Exclusion to Rise: IRS Inflation Adjustments for 2012
Estate tax exclusion increases by $120,000 to $5.1 million in 2012; tax brackets to widen.
Taxpayers Get Billions in Erroneous Education Tax Credits
The IRS has erroneously accepted claims from over two million taxpayers who were not entitled to draw education tax credits, according to a report from the Treasury Inspector General for Tax Administration, and the cost is in the billions of dollars.