04/15/14 03:30 PM
WASHINGTON (AP) — A public employees union is fighting a bipartisan effort in Congress to force the Internal Revenue Service to hire private contractors to collect some delinquent taxes. The IRS stopped using private tax collectors in 2009 after determining that agency employees could do a...
By Paul Bedard | 04/15/14 12:04 PM
As a thank you for paying taxes today, the White House has written up a “2013 Federal Taxpayer Receipt” that shows most income tax, 25.19 percent, goes to health related areas, after accounting for Medicare and Social Security. “Want to know how your federal taxes are spent? President...
By Joel Gehrke | 04/15/14 11:22 AM
The Republican National Committee on Tuesday filed a lawsuit against the Internal Revenue Service after months of trying to obtain documents pertaining to the targeting of Tea Party groups through a Freedom of Information Act request.
By Chris Stirewalt | 04/15/14 10:19 AM
**Want FOX News First in your inbox every day? Sign up here.** Buzz Cut: • America’s $1.4 trillion Tuesday • Obama objects as Russia projects force in Ukraine • Reid warns: Nevada land fight ‘not over’ • Hawkish cash haul for Bolton • Starting over. Starting stronger....
By Paul Bedard | 04/15/14 09:35 AM
Simply filing taxes and complying with Uncle Sam's tax code costs the U.S. 6.1 billion hours and $224.3 billion, a jaw-dropping amount that when reduced to individual filers totals $90 billion in "lost time" to meet the April 15 tax filing deadline, according to a "tax day" analysis. The...
By Mark Tapscott | 04/15/14 08:52 AM
Okay, it's April 15. Tax Day. Time to render unto Caesar. And render and render and render. For millions of productive Americans, that's the problem -- Caesar expects too much rendering. Curiously, only a slim majority of Americans currently think their taxes are too high, according to the...
By Associated Press | 04/15/14 08:47 AM
The disgraced former city manager who became the face of a multimillion dollar corruption scandal in the small Los Angeles suburb of Bell was sentenced in federal court Monday to 33 months in prison for income tax evasion.
By Don Babwin | 04/15/14 08:46 AM
Gov. Pat Quinn's tour of the state to push his program aimed at helping first-time homebuyers quickly turned political Monday as both he and his Republican gubernatorial opponent wasted no time highlighting likely recurring themes in the 2014 race: wealth and taxes.
04/14/14 08:00 PM
SACRAMENTO, Calif. (AP) — The state Senate leader on Monday backed off an unpopular proposal for a so-called carbon tax on consumer fuels and instead wants to dedicate billions of dollars generated by California's greenhouse gas reduction law to affordable housing, mass transit and high-speed...
04/14/14 02:30 PM
WASHINGTON (AP) — The calendar shows April 15, and you haven't even started on your federal tax return? Chances are, you don't need to fret. If you're due a refund — and about three-fourths of filers get refunds — April 15 isn't much of a deadline at all. The Internal Revenue Service...
04/14/14 02:30 PM
RICHMOND, Va. (AP) — An anti-tax group Americans for Tax Reform is applauding House Speaker William J. Howell for his opposition to Medicaid expansion, praise that comes a year after the group advocated for new leadership in the House of Delegates. "We applaud your leadership and commitment...
By Timothy P. Carney | 04/14/14 12:53 PM
Regulating an industry tends to add to overhead costs, which disproportionately affects smaller operators, leading to industry consolidation. This is why Big Business often supports — or at least tolerates — regulation.
By Ashe Schow | 04/14/14 12:32 PM
Lois Lerner may have retired, but has that eased anyone's distrust of the Internal Revenue Service?
04/14/14 11:30 AM
WASHINGTON (AP) — As millions of Americans race to meet Tuesday's tax deadline, their chances of getting audited are lower than they have been in years. Budget cuts and new responsibilities are straining the Internal Revenue Service's ability to police tax returns. This year, the IRS will...
By Paul Bedard | 04/14/14 09:15 AM
April 15 is a hard day for many, as their annual federal tax bill comes due. But it could have been worse.
By Washington Examiner | 04/19/14
By Byron York | 04/19/14
By Joel Gehrke | 04/18/14
By Mark Tapscott | 04/18/14
By Rebecca Berg | 04/20/14