The IRS has eased its tax lien policy, giving taxpayers and businesses more opportunities to pay unpaid taxes before being hit with a lien. But while the changes should provide some welcome relief to newly struggling taxpayers,…
Annette Bongiorno and Joann “Jodi” Crupi, both long-term employees at Bernard L. Madoff Investment Securities, were arrested Thursday and charged with multiple counts of conspiracy, securities fraud, falsifying documents and ta…
The Internal Revenue Service is looking for about 112,000 people who are due a combined total of $164.6 million in tax refunds. The tax agency said the average refund check was about 28% larger than it was a year ago.
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The IRS has stopped its investigation into tax evaders holding money in UBS accounts after reaching a settlement with the bank and the Swiss government.
Continue reading IRS Drops Tax Case Against UBS and Swiss…
Ambac Financial Group, which Monday declared bankruptcy, is suing the U.S. for attempting to seize $700 million in tax refunds. The bond insurer warns that seizing the refunds could ruin its chances of reorganizing.
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