IRS – News Stories About IRS - Page 12

Ex-NFL Player Pleads Guilty to Lying About Steroids

Jan 18, 2008 6:21 PM CST

Ex-NFL Player Pleads Guilty to Lying About Steroids

Three-time Pro Bowler Stubblefield was first football player charged in BALCO case

(Newser) - The steroids probe that brought down Marion Jones has claimed it first NFL player: Three-time Pro Bowler Dana Stubblefield pleaded guilty today in federal court to making false statements to a federal agent about performance-enhancing drugs. Prosecutors alleged the former defensive lineman lied in 2003 about taking a previously undetectable...

Huckabee Plan Is Catnip to Tax-Phobes

OPINION

Jan 8, 2008 4:07 PM CST

Huckabee Plan Is Catnip to Tax-Phobes

But the 'fair tax,' a gift to the rich, perplexes nearly everyone

(Newser) - “Our tax system can’t be fixed with WD-40 and duct tape,” proclaims Mike Huckabee in promoting a more radical change—the 'fair tax,' which stirs taxpayer rebellion even while inciting economist ire, Politico reports. The plan, which would replace the IRS with a uniform 23% sales...

IRS May
Block Popular
Instant Refunds

Jan 4, 2008 10:57 AM CST

IRS May Block Popular Instant Refunds

Proposed change aims to curb fraud, steep loan rates

(Newser) - The IRS may stop big tax-preparation firms from offering instant refund loans to curb potential fraud, Bloomberg reports. Such loans are popular with taxpayers who don't want to wait weeks for a check, but interest is often steep and consumer groups have been pushing for a crackdown. The proposed change...

Tax Fix Will Delay Millions
of Refunds

Dec 27, 2007 4:53 PM CST

Tax Fix Will Delay Millions of Refunds

IRS can't start processing AMT forms until February

(Newser) - The 11th-hour freeze in the alternative minimum tax by Congress last week will delay refund checks for millions of taxpayers this year, the AP reports. Congress shielded middle-class taxpayers from a higher tax bill with its move, but the late date means the IRS won't be able to start processing...

Huckabee Woos Voters With
23% Sales Tax

Dec 24, 2007 12:00 PM CST

Huckabee Woos Voters With 23% Sales Tax

'Fair tax' would abolish IRS, and be a windfall for the rich

(Newser) - Supporting a 23% sales tax ought to be political suicide, but Mike Huckabee is making it work, the Los Angeles Times reports. Huckabee has championed the so-called “fair tax,” a radical proposal that would abolish the federal income tax and tax spending instead. The plan favors the rich,...

Early Tax Returns in Jeopardy

Dec 2, 2007 2:55 PM CST

Early Tax Returns in Jeopardy

Congressional stalling on Alternative Minimum Tax patch may force IRS delay

(Newser) - If you're planning to file for an early tax refund this year, don't count on it. Congress has dragged its feet in creating a patch for the Alternative Minimum Tax that could make the IRS postpone filing season several weeks, the AP reports. A limit on who's affected by the...

Red Cross Prez Forced Out for 'Relationship'

Nov 28, 2007 5:57 AM CST

Red Cross Prez Forced Out for 'Relationship'

Link to female worker 'punch in stomach,' says group official

(Newser) - The president and CEO of the Red Cross was forced to resign yesterday for having an inappropriate "personal relationship with a subordinate employee" just six months after he was hired. "This is a huge punch in the stomach," said an organization official. Mark Everson was the Red...

Lawmaker Probes TV Preachers

Nov 7, 2007 8:18 AM CST

Lawmaker Probes TV Preachers

Says ritzy ways sparked inquiry into six ministries

(Newser) - A top Republican lawmaker is probing six televangelists who have put their opulent lifestyles on display, the AP reports. Rolls Royces, private jets, and a $30,000 table are among the luxuries that sparked Sen. Chuck Grassley's inquiry, he said yesterday. "I don't want to conclude that there's a...

Blogger Claims Thompson Must Declare

Aug 21, 2007 1:34 PM CDT

Blogger Claims Thompson Must Declare

Prolonged 'testing the water' status may violate election laws

(Newser) - Fred Thompson’s continued undeclared status—even while headlining GOP dinners and glad-handing at the Iowa state fair—is beginning to raise hackles. Federal election law says non-candidates can't spend more than $5,000 on campaign activities; liberal blogger Lane Hudson has filed a complaint that charges the former senator...

FBI Raids Alaska Senator's Home

Jul 31, 2007 4:39 AM CDT

FBI Raids Alaska Senator's Home

Feds probe politician's ties to oil contractor in corruption probe

(Newser) - FBI and IRS agents raided the vacation home of Sen. Ted Stevens of Alaska yesterday, seeking records of his relationship with a oil field contractor jailed in a corruption probe, AP reports. The contractor profited from tens of millions of dollars in federal contracts and also supervised the renovation...

Feds Sue Tax
Preparers for Fraud

Apr 4, 2007 11:45 AM CDT

Feds Sue Tax Preparers for Fraud

(Newser) - Tax preparers Jackson Hewitt have bilked the government out of more than $70 million, alleges a suit filed yesterday by the Justice Department. The suit claims that over 125 of the company's franchises, all owned at least in part by the same Atlanta businessman, engaged in massive tax fraud.