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Healthcare.gov just can't catch a break -- it's been targeted by hackers and shared personal information with marketing companies in the past six months, and now it's trying to clean up a mess for the nearly 800,000 people it just sent incorrect tax information to. The Obama administration confirm...

13 days ago 0 Comments
February 20, 2015 at 2:27PM
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If the fear of an audit wasn't enough to scare you into being honest on your taxes, try this on for size: the IRS might be checking out your Facebook page. The good ol' Internal Revenue Service is reportedly using robots to scope out public social media accounts to catch potential tax dodgers. Tha...

10 months ago 0 Comments
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People love referring to Bitcoin as a "cryptocurrency," but the Internal Revenue Service looks at it a little differently. According to a new IRS statement, Bitcoin should be considered property, not currency. What does that mean for US Bitcoin aficionados? Quite a bit, actually....

11 months ago 0 Comments
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Ever wonder why -- after years of secrecy -- camera-ready iPod cases began rolling out? The answer could possibly be Apple supply manager Paul Shin Devine, who was just fingered by the FBI and IRS as a fraudulent, money laundering mole. Devine was arrested Friday for allegedly receiving kickbacks f...

4 years ago 0 Comments
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"Nothing is certain but death and taxes"; a rather sardonic and bleak proverb, quoted and paraphrased by a number of famous figures over the years. The earliest on record was Daniel Defoe, in The Political History of the Devil in 1726. Well, this week the death part doesn't concern us so much as th...

4 years ago 0 Comments
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Well, we've had some strange news stories come across our desk, but this one certainly ranks up closer to the top of the list. Frank Stipe, the Virtual Worlds & Social Networking Project Manager for the IRS (yes, the Internal Revenue Service, the people you hate every April) has told CollegeRe...

5 years ago 0 Comments
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The Weekly Standard is the latest media publication to take up the flag on an interesting but so far theoretical subject: the idea of placing taxes on goods bought and sold in online universes, including our own World of Warcraft. Their latest issue has a look at the markets, both virtual and real, ...

8 years ago 0 Comments
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Getting the government to send you a $30 tax refund isn't quite as good as finding $30 that you didn't know you had in a pair of jeans, but we'll take it nonetheless. Yesterday, the IRS announced that it is refunding the "federal excise tax", or a tax collected on long-distance telephone calls made ...

8 years ago 0 Comments