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Tax & IRS News
Up to the minute tax news and headlines about the International Revenue Service and tax law. Current articles and updates about the IRS and federal tax code.
Swiss bank indictment details tax evasion ploys NEW YORK - It was a cool August Tuesday in 2007 when Swiss banker Urs Frei walked into a Manhattan restaurant for meetings with two U.S. clients. Full Article
Swiss banks and American taxes: Pawn sacrifice A MONTH ago, Konrad Hummler, managing partner of Wegelin & Co, the oldest Swiss private bank, said it was unlikely that an American court would charge his bank with tax fraud. Full Article
IRS Proposes Regulations on Taxable Medical Devices The Internal Revenue Service has issued proposed regulations to provide guidance on the excise taxes imposed on the sale of medical devices under the health care reform law. Full Article
Federal Regulations for T12 Fluorescent Lamps, Incandescents, and EPAct Tax Deductions Are EPAct 's days numbered? The law, which provides tax deductions for energy efficiency measures that meet certain requirements, is currently set to expire on Dec. Full Article
Frequent-Flier Tax Traps The tax treatment of frequent-flier miles is at center stage following the disclosure that thousands of Citibank customers received notices in January that miles they received for opening new accounts last year produced taxable income. Full Article
Newt and the NEWT Act Twelve days after Gingrich, a Republican presidential hopeful, made his return public, Stark proposed the Narrowing Exceptions for Withholding Taxes Act. Full Article
Taxing Times: Fewer tax changes, thanks to gridlock The good news is that there aren't a slew of tax-law changes to deal with this year, thanks in part to political gridlock in Washington. Full Article
Facebook Nation needs a constitution When David Cameron became Britain's Prime Minister, he made an appointment to talk to another head of state: Mark Zuckerberg. Full Article
AARP Tax Aides Ready to Help at PAL Seniors and others looking for tax help can find it at the Parsippany Police Athletic League Center . Full Article
Romney's Tax Management Requires a Big Team and a Big Budget Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at a campaign rally, Friday, Feb. Full Article
Swiss Bank Wegelin Charged With Helping U.S. Tax Evasion Wegelin & Co., the 270-year-old private bank, became the first Swiss lender to face criminal charges in a broadening U.S. crackdown on offshore firms suspected of helping Americans evade taxes. Full Article
Swiss bankers' nerves fray after Wegelin indictment The first indictment of a Swiss private bank over hiding untaxed money for wealthy Americans has heightened tension among private bankers fearful of being next in the firing line. Full Article
Taxation of Frequent Flier Miles The longstanding American tradition of not declaring miles as income is now at risk. Full Article
IRS: Identity theft crackdown sweeps across the nation; more than 200 ... WASHINGTON The Internal Revenue Service and the Justice Department recently announced the results of a massive national sweep cracking down on suspected identity theft perpetrators as part of a stepped-up effort against refund fraud and identity theft. Full Article
10 overlooked ways to cut your taxes Taxes. Sure you hate 'em, but you're stuck with 'em. Either that, or you're stuck in a federal jail cell. Full Article
Same-Sex Spouses Could Spend Twice As Much To Get Their Taxes Done Right THE TRUTH ABOUT SUPER BOWL WEEKEND: Our Bags Are Missing, And People Won't Stop Telling Us To 'Have A Super Day' No matter which side of the debate you fell at the time, there's no denying all eyes were on New York when lawmakers lifted the ban on same-sex marriage in July. Full Article
Feds accuse Sandy man of tax fraud A federal grand jury in Salt Lake has indicted a Sandy man for tax fraud and evading rules governing currency transactions. Full Article
Man In The Sea Memorial Monument at the Washington DC Navy Yard These replicas are not mass produced, and exquisite detail is put into each and every one of these on a one by one basis. Full Article
DOJ Indicts Swiss Bank Wegelin on Tax Charges In the first-ever indictment of an overseas bank in the U.S. for facilitating tax fraud, the Justice Department has charged Wegelin & Co., Switzerland's oldest bank, with allegedly conspiring to hide more than $1.2 billion from the Internal Revenue Service. Full Article
Three things that the next president should do Dorian Davis is a former MTV HITS star turned libertarian writer. He's been published in Business Week, NY Daily News, XY & more. Full Article
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