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Internal Revenue Service

A collection of news and information related to Internal Revenue Service published by this site and its partners.

Top Internal Revenue Service Articles

Displaying items 13-24
  • Clearing Up Tax Rules on Clunkers Cash

     
    Recently, rumors have sprouted on the Internet that consumers who took advantage of Cash for Clunkers will have to count the program???s rebate as income and pay taxes on it. For the record, this is not true. The Internal Revenue......
  • GOP: Growing gov't with health care

     
    by Mark Silva As the Senate nears a vote on advancing to debate over health-care, Republicans are holding ground against a bill which they insist will only grow the government and raise taxes. They don't accept the $848-billion price tag......
  • IRS Lowers Business Mileage Deduction

     
    When taxpayers scramble to finish their returns this April 15, they will see a 9% cut in the business mileage deduction from 55 cents per mile to 50 cents per mile. The Internal Revenue Service also announced that those who......
  • Obama's daughter: 'Better be good'

     
    by Mark Silva The one overriding historical notation about President-elect Barack Obama's inauguration on Tuesday is one which he himself has not spent a lot of time talking about publicly. The first African-American. This is a nation which, long marred.....
  • Roberts: Let's give everyone a tax holiday!

     
    Republicans continue to give Geithner a hard time at his Finance Committee confirmation hearing. Olympia Snowe asks about his failure to effectively regulate credit swap derivatives, and his role in allow Lehman Brothers to fail. Jim Bunning says he......
  • Geithner: "Careless" but "unavoidable" (Updated)

     
    Geithner in his opening statement forcefully lays out his plan for economic recovery -- government intervention in the economy and credit markets that is huge, quick and decisive; investments in a new economy -- health care, alternative energy,...
  • Schumer: "Tim has made some mistakes"

     
    Schumer, introducing Geithner as home state Senator, follows up on critical comments by ranking Republican Charles Grassley about Geithner's failure to pay taxes. "Tim has made some mistakes," Schumer says, but he "freely admitted and corrected" them on...
  • Geithner: Blame me, not TurboTax

     
    by Frank James President Obama's choice for Treasury Secretary is likely going to be confirmed. Even Republicans are saying that. But that doesn't mean Republicans can't make things uncomfortable for him, especially since, as Treasury Secretary, he'd be...
  • Treasury Secretary Geithner: Sworn in

     
    by Mark Silva Timothy Geithner once had a date with the tax man. Now Geithner is the tax man - secretary of the Treasury Department after his swearing-in tonight, following a 60-34 vote of confirmation by the Senate. The 75th......
  • Americans: Tax cheats not taken lightly

     
    by Mark Silva and updated Nine in 10 Americans say it is "not at all'' acceptable to cheat on taxes. That's what the IRS says. The agency's annual survey - while it may have been conducted in August - came......
  • NBC: Daschle is out

     
    NBC reports that Tom Daschle is out. He has withdrawn his name from consideration for HHS secretary. It is odd that Tim Geithner, an outsider, survived, while Daschle, a member of the Senate club, did not. In Geithner's case,......
  • Rangel: Let's have a vote on Charlie!

     
    In the wake of Tom Daschle's withdrawal because of tax problems, Republicans in the House are pushing for a vote on whether Rep. Charles Rangel should step down from the chairmanship of the Ways and Means Committee while the......