The community organizing group ACORN announced Monday it is closing its operations amid falling revenues. The announcement came a day after the board of the Association of Community Organizations for Reform Now met and approved the steps required "to responsibly manage the process of bringing i... Read more...
Some people who didn't file a federal tax return for 2006 have more than 1 billion reasons to reconsider, but they need to do it fast, according to the Internal Revenue Service. The IRS says it has more than $1.3 billion in refunds for 1.4 million people who didn't file a 2006 return. But to co... Read more...
Actor Wesley Snipes, who has tax problems of his own, had a blunt reaction to news about a man who crashed his plane into a Northwest Austin office building that houses IRS offices. In an interview Friday with The Associated Press, Snipes said, "What's new?" Authorities say Andrew Joseph Sta... Read more...
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NEW YORK (CNNMoney.com) -- The tax man has gotten a lot more aggressive in slapping liens on taxpayers who are seriously delinquent in their payments. In fact, the Internal Revenue Service issued 475% more liens last year than it did in 1999. But it hasn't been doing so judiciously, which is... Read more...
Treasury report estimates many may be getting paid more of the Making Work Pay credit than they should. Their refunds may be cut or they'll have to cough up the overpaid amount. NEW YORK (CNNMoney.com) -- Nothing with taxes is ever simple, even when you're getting a tax break. An estimated 15.4 mi... Read more...