irs

The Rich Get Richer

Jul 28, 2008
According to the most recent data from the IRS, the wealthiest 1 percent of Americans took home a greater share of the nation's income in 2006 than in any year of the previous 19. It's possibly the biggest income disparity Americans have seen since the Great Depression. The average tax rate of the super-rich was at its lowest level in at least 18 years.

Sen. Stevens’ Home Raided by FBI

Jul 31, 2007
The FBI has raided the home of Sen. Ted Stevens, the longest-serving Republican in the U.S. Senate's history, who famously described the Internet as "a series of tubes." Agents were apparently searching for documents related to a contracting company that may have profited from relationships with prominent lawmakers.
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Last-Minute Tax Woes

Apr 18, 2007
A deluge of tax procrastinators attempting to file electronically before the midnight deadline on Tuesday slowed the TurboTax servers to a crawl, causing wait times in the hours. A spokesman for the company that makes the popular tax preparation software said it was "absolutely amazing" how many people had waited until the last possible moment.

IRS Gets Political

Oct 27, 2006
The commissioner of the Internal Revenue Service has delayed the collection of back taxes from Hurricane Katrina victims until after the election in order to avoid political fallout. Four former IRS commissioners called the move "improper and indefensible."

Senator Wants to Sic IRS on Pimps

Jun 30, 2006
When Republicans push good programs, we like to take notice. This is a great example. GOP Sen. Charles Grassley of Iowa wants to establish an office in the IRS that will specifically go after sex traffickers -- to get them off the street and free their prey from lives of sexual slavery.