The Internal Revenue Service held a meeting Tuesday of its Security Summit members to discuss progress on combating identity theft-related tax refund fraud this past tax season along with plans for next year. READ MORE »
The Internal Revenue Service needs to expand its use of data and develop a comprehensive strategy to address noncompliance by taxpayers claiming refundable tax credits such as the Earned Income Tax Credit, according to a new report. READ MORE »
F. Lee Bailey, a defense attorney who gained fame for his work in two sensational 1960s cases and later was part of O.J. Simpson’s “Dream Team,” filed for personal bankruptcy, saying he’s more than $5 million in debt. READ MORE »
