Every year the IRS issues a refund chart for that tax year. It gives taxpayers an expected date their refund will be deposited or mailed. Of course, they reserve the right to take more time should the return need more
The Internal Revenue Service's so-called private letter rulings, which let funds use foreign corporations and other strategies to escape the tax implications of boosting commodity holdings above 10 percent of assets, are a “runaround” of the law that
Taxpayer Advocate, Nina Olson raises concerns of IRS tax evader preference and future collection confusion over the treatment of accidental tax evaders.
Louisiana Treasurer John Kennedy is reminding taxpayers to check to see if the IRS owes them old federal income tax refunds.
Earlier this month, the IRS released information on the tax gap for 2006, the most recent year for which data is available. The IRS has estimated that total tax liabilities for 2006 were $2.66 trillion, but because of underreporting,
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