IRS

The Internal Revenue Service is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States.

Source: irs.gov

Bitcoin Tracker: Bitcoin Flies High
Bitcoin Tracker: Bitcoin Flies High
December 02, 2016  |  Bitcoin

Only two days in, and December has already been good to bitcoin. This week saw bitcoin’s price jump over its previous 2016 high to reach...

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Federal Court Gives IRS Green Light To Collect Information On Coinbase Customers
Federal Court Gives IRS Green Light To Collect Information On Coinbase Customers
December 02, 2016  |  Blockchain

The Internal Revenue Service got approval from a federal court in California to collect two years of information from Coinbase, the blockchain company, about its...

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New Tax Scam Uses Mailed Letters To Trick People
New Tax Scam Uses Mailed Letters To Trick People
November 18, 2016  |  Security & Fraud

The Internal Revenue Service warned Thursday (Nov. 17) of a new tax bill scam in which unwitting consumers receive a fake IRS notice that contends...

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US Government Indicts Twenty People Over IRS Scams
US Government Indicts Twenty People Over IRS Scams
October 28, 2016  |  Security & Fraud

Internal Revenue Service (IRS) impersonation scams have been hurting U.S. taxpayers for years, and now, government officials are announcing that 20 people in the U.S....

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US Olympians Charged A So-Called ‘Victory Tax’
US Olympians Charged A So-Called ‘Victory Tax’
August 15, 2016  |  Payment Methods

Winning an Olympic medal isn’t an easy feat and often is associated with awards in addition to a gold, silver or bronze medal. In fact,...

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IRS Going After Facebook’s Offshore Tax Tactics
IRS Going After Facebook’s Offshore Tax Tactics
July 11, 2016  |  Regulation

Social networking giant Facebook has seen federal tax officials seek a court order to access internal corporate records that have to do with the company’s...

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Guess How Much Tax Evasion Costs US Taxpayers?
Guess How Much Tax Evasion Costs US Taxpayers?
May 02, 2016  |  Security & Fraud

The Internal Revenue Service has estimated that the business of tax evasion is a costly one for the government. Tax cheats cost the government as...

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