Tuesday marked the close of another filing tax season for most Americans. Thousands of accountants whooped a shout of joy, papers were tossed in the air, and throngs of professionals ran out of their office buildings finally seeing the sun ...Read More »
The Internal Revenue Service has seized millions of dollars in cash from individuals and businesses who obtained the money legally, according to a new Treasury Inspector General’s report. The report covers IRS cash seizures against businesses and individuals suspected of ...Read More »
In the White House Budget Blueprint proposed by President Trump, the IRS is projected to have its budget for the period ended Sept. 30, 2018 reduced by $239 million. While one of many proposed budget cuts, this represents a continuation ...Read More »
GAINESVILLE, Fla. — The board of Wounded Warrior Project has fired its top two executives, aiming “to help restore trust in the organization” that began as a shoestring charity providing goodie bags to hospitalized soldiers and became an $800 million ...Read More »
President Barack Obama recently asked Congress to increase funding for Internal Revenue Service cybersecurity. Trying to get in front of future hacking, the president asked for an extra $242 million, reflecting a more than 70 percent increase over fiscal 2015. According to ...Read More »
WASHINGTON — Investigators are blaming two IRS workers at a computer center in West Virginia for erasing thousands of emails related to the tax agency’s tea party scandal, impeding congressional investigations into the treatment of conservative political groups. The workers ...
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WASHINGTON — The IRS has failed to implement dozens of security upgrades to combat cyberattacks, leaving the agency’s computer systems vulnerable to hackers, a government watchdog told Congress Tuesday. The agency’s inspector general outlined the security weaknesses a week after ...Read More »