Internal Revenue Service
New IRS Unit Targets Refund Cyber Thieves
Refund fraud — the kind in which a thief steals a taxpayer's identity and files a tax return to claim the victim's refund — is running rampant.
Watchdog Finds IRS Cyber Security Still Flawed
The Internal Revenue Service needs to step up its security practices to protect financial and taxpayer data, says the Government Accountability Office.
IRS Begins Rule-Making for Tax on ‘Cadillac’ Plans
More than 38% of large companies may be hit by the tax in 2018 unless they make changes to the design of their health plans.
Caterpillar Discloses Grand Jury Probe
The movement of cash among Caterpillar's U.S. and non-U.S. subsidiaries is the subject of a federal subpoena.
Will Alibaba Eventually Buy Yahoo Spinoff?
A Bloomberg columnist proposes an interesting endgame for Yahoo's latest move to capitalize on its Alibaba share holdings.
CEO Pay Exceeds Taxes Paid by Big Firms
Of America’s 100 highest-paid CEOs, 29 received more in pay last year than their company paid in federal income taxes, according to a think tank report.
Buffett Saves $1B in Taxes With Duracell Deal
The “Oracle of Omaha” structures an acquisition so that he avoids capital gains taxes on stock that has appreciated.
IRS Scanning 10-Ks for Tax Data, Report Finds
And the amount of tax data companies report changes in response.
Uncertain Tax Positions Lure IRS Agents, Lawyer Claims
Despite previous IRS statements, agents are combing corporate reporting of uncertain tax positions to grab more revenue.
IRS Urged to Move Up W-2 Filing Deadline
Both the GAO and the Treasury Department have proposed forcing employers to file W-2 information earlier to help stem tax fraud.
What’s the Point of a Tax Audit?
A former senior official at the IRS weighs whether its new tax audit policy will spawn cooperation or disaster for corporations.