IRS Ends 2-Year Probe Of NAACP's Tax Status
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Nearly two years after a controversial decision to investigate the NAACP for criticizing President Bush during the 2004 presidential campaign, the Internal Revenue Service has ruled that the remarks did not violate the group's tax-exempt status.
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A bogus letter circulating in South Carolina, purporting to be from the NAACP, threatens the arrest of voters who have outstanding parking tickets or failed to pay child support. The NAACP said Friday the letter is a scare tactic and called for an investigation.
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Nearly $2.2 billion awaits taxpayers who neglected to file income tax returns for 2003, but that windfall will be lost if they don't act by tax day, April 17.
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The Internal Revenue Service is looking for 2,955 New Jersey taxpayers whose refund checks totaling nearly $2.6 million were returned to the government this year by the Postal Service as undeliverable.
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OTTAWA -- About 8,000 employees of the federal tax agency walked off the job yesterday in Ontario and BC, including 280 in London, leaving public phone queries unanswered and federal revenue cheques uncashed.
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The Internal Revenue Service has banned a year-end investment strategy used to get around the so-called wash sale rules on harvesting tax losses.
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Vodafone on Friday dismissed an inquiry from the Indian authorities, who are seeking about $2bn in tax from the UK company following its $10.9bn takeover of Hutchison Essar, India&#39;s fourth-largest mobile phone operator.
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A two-year probation for Bristol-Myers Squibb ends Thursday, freeing the company from federal supervision after a major accounting scandal and other misconduct.
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Bruce S. Gordon, the former telecom executive who was named NAACP president in a surprise choice less than two years ago, has resigned after a long-running disagreement with the group's 64-member board over how to steward the nation's oldest and largest civil rights organization.
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An investigation of IBM by the Securities and Exchange Commission ended yesterday without penalty, though the government found that the company misled analysts about employee stock option expenses in 2005.
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WASHNGTON -- The NAACP did not violate the conditions of its tax-exempt status when its chairman gave a speech that criticized President Bush, according to a newly released letter from the Internal Revenue Service to the civil rights group.
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Former Washington coach Rick Neuheisel was cleared of wrongdoing by the NCAA on Wednesday for gambling in a college basketball pool, but the university had its probation extended two years.
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The NAACP's chairman says the group's tax-exempt status is under review by the government in an investigation he contends stems from a speech he gave that criticized President Bush.
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In a setback for the Internal Revenue Service&#39;s campaign against tax shelters, a federal judge in Maryland has ruled that a strategy employed by Black &amp; Decker Corp.
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After two years as the face of the antiwar movement, she has announced she's ending her public protests. A photographic look back at the antiwar mom's two years in the spotlight
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An IRS move will prove taxing for H&R Block and Jackson Hewitt.
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Fremont Investment Advisors has agreed to pay $2.1 million in restitution and $2 million in civil penalties to end federal and state mutual fund timing cases, New York Attorney General Eliot Spitzer said yesterday.