Internal Revenue Service
IRS Faulted Over Taxpayer Authentication
An in-house watchdog says authentication weaknesses have left tax account information vulnerable to "unscrupulous individuals."
Yahoo Shelves Plan to Spin off Alibaba Stake
The company cites tax considerations in deciding to focus instead on a reverse spinoff of its $23 billion investment.
U.S. Budget Clears Way for IRS Audits of Partnerships
The new rules will shift some of the burden of auditing and dividing up the tax liabilities among partners from the IRS to the partnership itself.
IRS Taking Tougher Stance on Some Spinoffs
The agency has "significant concerns" that companies may be disguising taxable transactions as spinoffs to avoid paying taxes.
IRS Puts Cloud Over Yahoo’s Alibaba Spinoff
The company may have to choose between scrapping the spinoff or risking a huge capital gains tax bill.
IRS Delay Will Benefit Pension Plan Sponsors
The IRS won't be adopting new mortality tables issued by the Society of Actuaries until 2017.
Boston Bruins Launch Tax Fight Over Meal Expenses
The NHL team is challenging an IRS decision disallowing a 100% deduction of expenses for away-game meals.
OSG Investors Settle Tax Debt Case for $16.2M
After nearly three years of litigation, the tanker company's former CFO is among the defendants who agreed to settle securities fraud claims.
IRS Unveils ‘Sweeping’ Effort to Fight Refund Fraud
New collaboration with tax preparers and state officials will change the "DNA of the entire tax system."
Microsoft Sues IRS Over Hiring of Attorney Boies
Why has the IRS engaged Microsoft's nemesis David Boies? The software giant is going to court to get the answer.
IRS Discloses Cyber Attack on Online Service
Hackers seeking to claim fraudulent refunds gained unauthorized access to more than 100,000 taxpayer accounts through the "Get Transcript" application.