Tax News

The Latest

  • June 7, 2013

    A corruption-fighting Nigerian politician points a gun at a Swiss banker and demands the names of his rich Nigerian clients. When the banker refuses, the delighted official produces a cash-filled briefcase and asks to open an account.

    ...

  • May 30, 2013

    Switzerland aims to save its banks from heavier punishment in the United States for helping wealthy tax cheats by sidestepping its own famed secrecy laws to let bankers disclose data to U.S. prosecutors.

    A government bill put to parliament...

  • May 23, 2013

    The Internal Revenue Service may be having a bad week, but Mary Rich isn't complaining about the taxman.

    The former nurse and hospital executive recently won a 10-year battle to get the IRS to reverse a ruling that would have cost her and...

  • May 23, 2013

    Three congressional hearings during the past week have allowed lawmakers to vent their anger at the U.S. tax agency for its targeting of conservative groups for extra scrutiny, but the sessions have yielded few answers about who was responsible...

  • May 22, 2013

    Lois Lerner, the Internal Revenue Service official at the center of a scandal about the targeting of conservative groups for extra tax scrutiny, plans to assert her constitutional right not to answer questions from a congressional committee on...

  • May 22, 2013

    Congressional and Justice Department investigators are examining the Internal Revenue Service over its inappropriate scrutiny of conservative groups that applied for tax-exempt status.

    President Barack Obama, seeking to contain the fallout...

  • May 20, 2013

    Three congressional committees and the Department of Justice are investigating the Internal Revenue Service's scrutiny of conservative groups seeking tax-exempt status as the scandal distracts from President Barack Obama's second-term agenda....

  • May 17, 2013

    The House of Representatives Ways and Means Committee on Friday will hold the first of three hearings on the Internal Revenue Service "Tea Party" targeting scandal.

    Tax experts hope the hearings go beyond finger-pointing and get to the...

  • May 17, 2013

    A House of Representatives panel on Friday opens the first in a series of investigative hearings in Congress on the Internal Revenue Service's targeting of conservative groups for extra tax scrutiny, as the political storm over the scandal shifts...