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internal revenue service

Internal Revenue Service
Internal Revenue Service (IRS) building in Washington DC. (AP Photo/Susan Walsh, File)
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8M phone calls unanswered as IRS cut taxpayer service

The IRS' overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services to help pay to enforce President Barack Obama's health law.

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William Preus of St. Petersburg, Fla. was covered by the health overhaul for part of last year before transitioning to Medicare, creating a major tax headache for him. (AP Photo/Steve Nesius)
William Preus of St. Petersburg, Fla. was covered by the health overhaul for part of last year before transitioning to Medicare, creating a major tax headache for him. (AP Photo/Steve Nesius)
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Tax refunds for many take hit or get bump from federal health law

WASHINGTON (AP) -- As the April 15 tax deadline nears, people who got help paying for health insurance under President Barack Obama's law are seeing the direct effect on their refunds - hundreds of dollars, for better or worse.

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Ryan Moon of Des Moines, Iowa, is jobless and says he faces a tax penalty of more than $90 for being without health insurance.  (AP Photo/Charlie Neibergall, File)
Ryan Moon of Des Moines, Iowa, is jobless and says he faces a tax penalty of more than $90 for being without health insurance. (AP Photo/Charlie Neibergall, File)
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Being uninsured in America will cost you more in 2015

WASHINGTON (AP) -- Being uninsured in America will cost you more in 2015.

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The Internal Revenue Service Building in Washington D.C.
The Internal Revenue Service Building in Washington D.C. (Win McNamee/Getty Images)
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IRS paid $6 billion in bogus child tax credits, inspector says

WASHINGTON (AP) -- The IRS paid at least $6 billion in child tax credits in 2013 to people who weren't eligible to receive them, a government investigator said Tuesday.

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Internal Revenue Service building
Internal Revenue Service building (Mark Wilson, Getty Images)
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IRS Lost Emails by Official in Tea Party Probe

The Internal Revenue Service said Friday it has lost a trove of emails to and from a central figure in the agency's tea party controversy, sparking outrage from congressional investigators who have been probing the agency for more than a year.

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The Internal Revenue Service Building in Washington D.C.
The Internal Revenue Service Building in Washington D.C. (Win McNamee/Getty Images)
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IRS: Worker Took Home Personal Info on 20k Workers

The Internal Revenue Service is reporting a potential security breach involving personal information about 20,000 IRS workers, former workers and contractors.

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Sequestration Forces Closure Of IRS For The Day
Win McNamee, Getty Images
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Former IRS Official Refuses to Testify at Hearing

The former Internal Revenue Service official at the heart of the controversy over the agency's targeting of conservative groups once again refused to answer questions at a House hearing Wednesday amid signs that a congressional investigation into the affair may be stalling.

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IRS 1040 Tax Form
IRS 1040 Tax Form (Filckr User Ken Teegardin)
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IRS Warns of New Phone Scam [AUDIO]

There's a new scam to be on the lookout for.  The Internal Revenue Service (IRS) said callers are posing as agents from IRS in an attempt to get your money, and anyone can be a target, especially middle and lower income earners and immigrants.

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IRS 1040 Tax Form
IRS 1040 Tax Form (Filckr User Ken Teegardin)
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Tax-Related Scams on the Rise [AUDIO]

Although tax day isn't for another seven months, the Internal Revenue Service (IRS) is warning of several scams going around right now, all targeting you, your identity and your hard earned money.

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Internal Revenue Service building
Internal Revenue Service building (Mark Wilson, Getty Images)
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IRS Head to Fight Bonuses For Union Employees

Citing budget cuts, the Internal Revenue Service is canceling this year's employee bonuses for managers and is working to cancel bonuses for union workers, the agency announced Tuesday.

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