Tax News

The administration of Gov. Tom Corbett is expecting about $50 million from its new efforts to collect taxes on items sold over the Internet .

PARAGON, Ind. - A southern Indiana town avoided an Internal Revenue Service takeover of its finances by paying more than $68,000 in back taxes.

Many people may not realize the Social Security benefits they received in 2011 may be taxable.

Tax preparers can cost you several hundred dollars, and tax software is $20 to $30, but there's a program that helps the elderly, members of the military and low to moderate income earners with free tax preparation.

Movie super spies James Bond and Jason Bourne use them. So do real-life presidential candidate Mitt Romney, who says he pays his taxes, and untold numbers of Americans who don't. Swiss banks and their secretive counterparts around the globe may sound like the exclusive province of the wealthy, the mysterious or the shady, but anybody can legally ... (more)

Raise taxes on those making more than $250,000. Limit deductions for the wealthy.

CEDAR RAPIDS, Iowa -- Last week an Iowa Senate Transportation subcommittee approved a proposal to raise the gas tax.

HORRY COUNTY, SC Tax experts say more people are filing their taxes early and cashing in on getting their tax refund early.

For many older taxpayers, there is no greater pleasure in life than spoiling their grandchildren.

The United States is going broke every second of the day, with the national debt now hitting $16.2 trillion annually and no real government plan in place to stop the runaway train.

A The following release was sent by the Internal Revenue Service: As part of a continuing effort to improve service to taxpayers, the Internal Revenue Service announced today the availability of a new online tool to help people easily find a location for volunteer tax preparation assistance.

Before you file your 2011 federal income tax return in 2012, you should be aware of a few important tax changes that took effect in 2011.

A former Las Vegas body guard arrested on Interstate 29 in Iowa has been sentenced to three years in federal prison for conspiracy to commit wire fraud and fraudulent use of bank cards.

Using the latest technology, the IRS offers multiple avenues for you to get tax information.

Queens residents who need help with their taxes can get free assistance filing their returns on weekends at the Flushing YMCA.

A fight over how best to improve the nation's economy emerged in the weekly presidential and Republican addresses Saturday as each side accused the other of obstructing economic progress for political gain.

JACKSONVILLE, Fla. -- This tax season we have received a lot of complaints about one tax service, LBS 103rd Street tax service.

A Hudson, N.H., man and former IRS agent was found guilty of tax fraud after falsely claiming he qualified for a first-time home -buyer credit.

Although most income you receive is taxable and must be reported on your federal income tax return, there are some instances when income may not be taxable.

The U.S. Justice Department called Switzerland's largest private bank a fugitive from justice on Friday after it didn't send any representatives to a court hearing in New York, where it has been charged with conspired with American clients to hide $1.2 billion from the Internal Revenue Service.