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Internal Revenue Service

Top 3% of U.S. Taxpayers Paid Majority of Income Taxes in 2016

October 14, 2018

breaking us news irs

Individual income taxes are the federal government’s single biggest revenue source. In fiscal year 2018, which ended Sept. 30, the individual income tax is expected to bring in roughly $1.7 trillion, or about half of all federal revenues, according to the Congressional Budget Office.

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$3.5 Million Payout: Tea Party Wins Major Victory Over IRS

August 16, 2018

Court records show a judge this week approved a settlement between the Internal Revenue Service and hundreds of Tea Party groups.

Categories U.S. Headlines3 Comments

Cruz Introduces Legislation to Make Individual Tax Cuts Permanent

April 18, 2018

Sen. Ted Cruz (R., Texas) introduced comprehensive legislation Tuesday that would make the lowered individual tax rates included in the Tax Cuts and Jobs Act permanent.

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IRS to crack down on Obamacare declarations next year

October 20, 2017

The Internal Revenue Service will not accept electronically filed tax returns for the upcoming filing season in which people fail to note whether they have health insurance, according to an agency announcement that is a reversal of informal policy under the Obama administration.

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Majority of Households Paying Obamacare Penalty Are Low and Middle-Income

October 11, 2017

The majority of households paying the Obamacare penalty in 2015 were low- and middle-income households, according to the most recent data from the Internal Revenue Service.

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IRS Involved in $5 Million Push to Pressure Americans to Buy Obamacare

October 3, 2017

The Internal Revenue Service was involved in a $5 million push to pressure Americans to buy Obamacare coverage, according to documents obtained from the watchdog group Judicial Watch.

Categories U.S. Headlines1 Comment

BLS: Americans Spend More on Taxes Than Food and Clothing Combined

August 31, 2017August 31, 2017

breaking us news irs

Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics.

Categories U.S. Headlines1 Comment

Ryan seeks unity among House, Senate and White House for tax reform plan

August 24, 2017August 24, 2017

breaking us news ryan

Congressional Republicans working to craft a tax reform package are taking their pitches to major Fortune 500 companies this week, as they look to coalesce support from the business community ahead of an expected legislative push in the fall.

Categories US News1 Comment

Judge orders IRS to explain delays, name names in targeting of conservatives

August 23, 2017

breaking us news irs

The IRS must name the specific employees it blames for targeting tea party groups for extra scrutiny and must prove it has halted the targeting of the groups, a federal judge ordered last week.

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Feds Collect Record Income and Payroll Taxes Through July

August 16, 2017August 16, 2017

breaking us news irs taxes

The federal government collected record amounts of both individual income taxes and payroll taxes through the first ten months of fiscal 2017 (Oct. 1, 2016 through the end of July), according to the Monthly Treasury Statement.

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Government Collects $2.5 Trillion In Taxes In First Three Quarters of FY 2017

July 14, 2017

breaking us news irs taxes

The federal government collected approximately $2.5 trillion in taxes in the first three quarters of fiscal year 2017, but the federal government still ran a $523 billion deficit during that time, according to the latest monthly Treasury Department statement.

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Federal Judge Orders IRS to Disclose WH Requests for Taxpayer Info

September 1, 2015

breaking us news irs

A federal judge on Friday ordered the Internal Revenue Service to reveal White House requests for taxpayers' private information, advancing a probe into whether administration officials targeted political opponents by revealing such information.

Categories U.S. Politics1 Comment

Taxpayers fork over $1.5 billion in Obamacare penalties

March 29, 2018July 21, 2015

breaking us news irs

Obamacare's individual mandate generated about $1.5 billion from about 7.5 million people during its first year in existence.

Categories U.S. Politics, US News5 Comments

New documents show Justice Dept. linked to IRS scandal

March 29, 2018July 8, 2015

Justice Department officials pushed IRS employees to hand over documents before they gave the records to Congress in 2013 as investigators were attempting to dig into the tax agency's targeting of conservative nonprofits.

Categories U.S. Politics, US NewsLeave a comment

More IRS Emails Lost in Connection to Tea Party Scandal

July 22, 2014July 22, 2014

breaking us news irs

IRS Deputy Associate Chief Counsel Thomas Kane said in transcribed congressional testimony that more IRS officials experienced computer crashes, bringing the total number of crash victims to "less than 20," and also said that the agency does not know if the lost emails are still backed up somewhere, the Daily Caller reported.

Categories US NewsLeave a comment

Judge to IRS: Explain Lost Emails

July 11, 2014

breaking us news irs

A federal judge has ordered the IRS to explain how it lost two years' worth of emails from former IRS employees.

Categories US News1 Comment

IRS To Explain Itself to Another Judge About Lost Emails

July 3, 2014July 2, 2014

breaking us news irs

A federal judge has instructed the IRS to appear before the court July 11 to explain why the IRS shouldn't be required to allow outside experts evaluate whether the emails of former IRS employees are truly lost.

Categories US NewsLeave a comment

Lerner Sought IRS Audit of GOP Senator Over Mistaken Email

June 26, 2014

breaking us news irs

Late Wednesday, Congressional investigators published emails from ex-IRS official Lois Lerner, which detailed her targeting a Republican Senator in 2012 for an internal audit based on an email she accidentally received.

Categories US News1 Comment

Full Coverage IRS Scandal: Issa Blasts IRS Commish, "You have a problem with credibility" (Videos)

June 24, 2014June 24, 2014

breaking us news irs

IRS Commissioner John Koskinen weathered another fiery exchange where House Oversight Committee Chairman Darrell Issa (R-Calif.) bluntly told him, "We have a problem with you and you have a problem with credibility."

Categories US NewsLeave a comment

Emails Lost Forever of Ex-IRS Official Who Targeted Conservative Groups

June 19, 2014June 19, 2014

breaking us news irs

The emails of Ex-IRS official Lois Lerner, who was found in contempt of Congress, may be lost forever since her hard drive has been recycled by the IRS, multiple sources told Politico.

Categories US NewsLeave a comment

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