Internal Revenue Service

Latest Internal Revenue Service Items
  • IRS can't keep its own books straight, investigators find

    If an IRS agent shows up at your door claiming you owe money to Uncle Sam, he or she could be wrong.


  • Ron Walker, pastor at The Little White Church in Hill City, S.D., was one of more than 1,600 pastors to preach politics on Pulpit Freedom Sunday earlier this month, challenging the 1954 tax law that prohibits all nonprofits from politicking. (thelittlewhitechurch.net)

    Churches openly defy IRS on pulpit politics

    More than 1,600 pastors — up from 33 five years ago — risked their tax-exempt status to preach politics on "Pulpit Freedom Sunday" this month, challenging the 1954 tax law that prohibits nonprofits from politicking.


  • A backer of President Obama shows her support by dressing in a Big Bird costume to cheer during a campaign event at City Park in Denver on Wednesday. (Associated Press)

    Big Bird's producer boasts well-padded retirement nest

    Far from being a pauper, Sesame Workshop, the company that produces the beloved children's television program that has become an unlikely point of partisan bickering in the presidential campaign, has put away more than $100 million in investments, including more than $20 million in hedge funds and $9.7 million in a private equity fund.


  • Illustration Death Tax by Alexander Hunter for The Washington Times

    KING: Kill death tax choking the American dream

    As we near the end of 2012, the focus of the political world likely will be on the massive income and business tax increases scheduled to go into effect after midnight Dec. 31.


  • The headquarters of Solyndra Inc. in Fremont, Calif., are shown in May 2010. (AP Photo/Paul Sakuma)

    Solyndra defends plan to regroup

    Bankrupt solar panel maker Solyndra LLC defended its reorganization plan Monday against mounting criticism from the federal government, while launching a legal offensive against Chinese solar companies over what it deems unfair trade practices.


  • The headquarters of Solyndra Inc. in Fremont, Calif., are shown in May 2010. (AP Photo/Paul Sakuma)

    IRS says 'tax avoidance' at heart of Solyndra bankruptcy plan

    The Internal Revenue Service urged a bankruptcy judge to reject solar panel maker Solyndra LLC's bankruptcy plan Wednesday, saying it amounts to little more than an avenue for owners of an empty corporate shell to avoid paying taxes.


  • ** FILE ** Bradley Birkenfeld, a whistle-blower in the tax evasion case against Swiss bank UBS AG, holds a news conference outside the Schuylkill County Federal Correctional Institution in Minersville, Pa., Friday, Jan. 8, 2010, before reporting to the federal prison. (AP Photo/Carolyn Kaster)

    IRS pays $104 million to whistle-blower

    The IRS awarded the largest whistle-blower award in history — $104 million — to a former banker who gave information that helped expose a $20 billion offshore banking scheme, the recipient's attorneys said Tuesday.


  • Illustration: O Jobs by John Camejo for The Washington Times

    VALENZUELA: Governments cannot create jobs

    So many politicians say they are in government to create jobs. The Obama administration, especially, seems to want to take credit for any jobs created through small businesses in the past four years. Government jobs, like 15,000 new Internal Revenue Service employees to support Obamacare, not only don't grow the economy, they take resources away from private-sector job creators.


  • Karl Rove

    'Social welfare' funders sidestep rules of super PACs

    The political groups that injected millions of dollars into political races over the past two years may already be giving way to the rise of a new class of politically oriented nonprofits, organizations that have most of the same powers as super PACs, and one major advantage: They don't have to meet the same strict requirements for disclosing where their money comes from.


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