I.R.S. Says Bill Would Aid Tax Fraud in Virgin Islands
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The proposed legislation would scale back audits of wealthy taxpayers, including 18 people who work for hedge funds,  in the U.S. Virgin Islands.
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The U.S. Internal Revenue Service on Thursday said it may restrict tax preparers such as H&R Block Inc  and Jackson Hewitt Tax Service Inc  from offering refund loans to customers because doing so could encourage fraud.
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Internal Revenue Commissioner Mark W. Everson called on Congress yesterday to boost the agency&#39;s funding by the full $500 million requested by President Bush, calling it a way to help shave the record federal budget deficit.
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Members of Congress were alarmed to learn Saturday that they had passed a provision allowing certain congressmen and their staffs to inspect any American&#39;s income tax returns.
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Millions of lower-income working people are missing out on substantial tax refunds, the head of the Internal Revenue Service said Thursday as he promoted a tax credit to help them.
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Business & money: A new and virulent form of fraud threatens to defeat governments' efforts to combat it and pushing annual tax losses up by billions of euros
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U.S. lawmakers wrote to regulators on Monday expressing concern that some banks are processing unsigned checks used by fraudsters seeking to drain money from the accounts of vulnerable people.
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US Rep. Kevin Brady, R-The Woodlands, is urging constituents who have not received their income tax refund check to log onto the Internal Revenue Service Web site at www.
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The Internal Revenue Service is looking for about 2000 Virginians who have unclaimed tax refunds waiting for them. Spokeswoman Gloria Wajciechowski says many refund checks cannot be delivered because of a change of address.
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The Legislature yesterday passed a bill that its sponsors said would attack auto insurance fraud at the street level and in the offices of chiropractors and physical therapists.
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A recent decision is thought to be the most significant test case yet of how the Internal Revenue Service will combat sophisticated tax avoidance schemes.
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The I.R.S. has won an important victory in its battle against questionable tax shelters sold to wealthy individuals.
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A contentious measure to gradually move up the time property owners pay their county property taxes will get a second chance this week in the Michigan House.
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Taxpayers making donations this month to aid the victims of the Indian Ocean tsunami will be able to claim deductions on their 2004 tax returns under legislation passed by Congress Thursday.
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The Internal Revenue Service should issue "apology payments" of up to $1,000 to taxpayers whose cases are mishandled, the National Taxpayer Advocate told Congress yesterday.
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The Internal Revenue Service gave away $318 million in improper refunds this year because a computer program that screens tax returns for fraud wasn't working, according to a report released Friday.
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The French finance ministry has launched &quot;an investigative procedure&quot; to probe value-added-tax (VAT) fraud between European Union countries that could involve billions of euros annually.