$13,000 Adoption Tax Credit Still Available, Offers Even Bigger Return For Parents

Last year a large number of U.S. families who have adopted a child were met with a surprise adoption credit and this year that credit is back, allowing anyone who has adopted a child in the last ... continue

Lindsay Lohan In Trouble With The IRS

Lindsay Lohan may be back in the courts once again, that is if she doesn't quickly settle her outstanding tax bill which the IRS says stands at $93,000. The federal government this week revealed that Lohan never paid ... continue

Jermaine Dupri Forced To Pay Ridiculously Expensive IRS Penalties

Singer Jermaine Dupri has learned a very important and simple lesson, pay your taxes or you could end up with a tax bill twice as high as you originally owed. According to documents filed in the state of ... continue

IRS Extends Tax Deadline, Gives Filers Slightly More Time

The Internal Revenue Service (IRS) announced on Wednesday that they have extended the traditional last day for filing taxes. According to the agency tax filers now have until April 17 to file before the tax deadline ends. The ... continue

Where’s My Tax Refund? 100,000 Taxpayers Still Owed $153 Million in Tax Refunds

Are you missing your tax refund? If you are, you aren't the only one. The IRS still has more than $150 million in tax refunds that it hasn't been able to deliver to taxpayers. CNN reports that 99,123 taxpayers ... continue

IRS Raises Annual 401(K) Contribution Limits

The Internal Revenue Service (IRS) has announced that workers will be able to contribute more money to their 401(k) retirement plans in 2012 if they choose to do so. Under the new 401(k) structure employees in 2012 will ... continue

IRS Tells Pot Shop To Pay $2.5 Million In Taxes, Uses 1982 Tax Code Rule

The Federal government has decided to attack legalized marijuana dispensaries where it will hurt the most, in their pocketbooks. Oakland marijuana dispensary Harborside which calls itself the world's largest was hit this week with a charge of $2.5 ... continue

Back Taxes: 12,000 tax cheats confess, pay back $500M, avoid jail

The 2011 Offshore Voluntary Disclosure Initiative (OVDI) run by the US Internal Revenue Service is being hailed as a success, having resulted in over 12,000 taxpayers coming forward to disclose funds and and pay back taxes on ... continue

Pete Rose Hands $1 Million Over To The IRS

Baseball legend Pete Rose amassed quite a bit of IRS owed back taxes, handing $973,693.28 over to the Federal government this week. The bad news may not be over for Rose as the money owed was only from ... continue

Full text: Austin crash pilot Joe Stack leaves internet suicide note

Joseph Andrew Stack, the man emerging as the responsible party for today's fiery plane crash in Austin, Texas, left an internet legacy in the form of a six-page suicide note. Stack, who is rumored to have been targeting ... continue

(Update) CNN: Texas pilot torched house, crashed plane

A small plane has crashed into a seven story building in Austin, Texas. The crash occurred at around 10 a.m. local time at the Echleon building in the 9400 block of Research Boulevard, near U.S. 183 and MoPac. ... continue

Earning too little can get you an IRS audit

If there is one thing about being poor that you can be pretty sure of is that you aren't likely going to find yourself being audited by the IRS, or so you would think. Apparently though this ... continue

That person you friended just might be your friendly taxman

Don’t recognize the name of that person who just friended, or followed, you on Facebook, Twitter or MySpace? Well rather than just blindly accepting and returning the favor you may want to do some ... continue