Tax cheats are costing the US $1 trillion a year, IRS estimates
The head of the IRS has calculated that tax evasion in the U.S. may total $1 trillion a year, a figure that is multiples higher than previous estimates from the...
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Lawyers’ group reports ‘no systemic problems’ with in-person voting
Kristen Clarke, president of the Lawyers' Committee for Civil Rights Under Law, said Tuesday that the election so far appears to be successful in terms of in-person voting despite some isolated...
Employers face payroll tax dilemma — should they withhold FICA money? — after Trump delays due date
President Donald Trump's order to delay collection of payroll taxes thrusts a dilemma on U.S. companies: continue withholding the money from workers expecting bigger paychecks or pass it on and...
IRS fails to pursue thousands of rich tax cheats, watchdog says
The Internal Revenue Service is letting hundreds of thousands of high-income individuals duck their tax obligations, according to a government watchdog report. The Treasury Inspector General for Tax Administration found...
Scammers on the prowl as government money goes out
The Internal Revenue Service is warning about another kind of epidemic — scammers trying to get their hands on the $1,200 payments now being sent out to millions of Americans...
‘Prime picking for fraudsters’: Scammers are eyeing your $1,200 federal stimulus check
The IRS is bracing for another epidemic — scammers trying to get their hands on the $1,200 payments being sent out to millions of Americans to bolster the economy. The...
IRS braces for scammer onslaught accompanying stimulus payments
WASHINGTON — The IRS is bracing for another epidemic — scammers trying to get their hands on the $1,200 payments being sent out to millions of Americans to bolster the...
US Treasury considers extending April 15 tax deadline over virus disruption
The U.S. Treasury Department is considering extending the 2019 tax-filing deadline beyond April 15 to provide relief from economic disruption caused by the coronavirus outbreak, according to two people familiar...
IRS’ failure to collect from tax cheats could cost you $3,000 a year
The average U.S. household is paying an annual surtax of more than $3,000 to subsidize taxpayers who aren't paying all they owe, a new report from the Taxpayer Advocate Service...