Tax News

President Barack Obama 's spokesman says the White House is facing "legitimate criticisms" for its shifting accounts about who knew what about the Internal Revenue Service's targeting of conservative political groups, and when they knew it.

Apple CEO Tim Cook testifies at a Senate homeland security and governmental affairs investigations subcommittee hearing on offshore profit shifting and the U.S. tax code, on Capitol Hill in Washington, May 21, 2013.

When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to organize protests outside Planned Parenthood and demanded to know how its prayer meetings and protest signs were educational.

When a small anti-abortion group in Iowa sought nonprofit status, the IRS asked its board to promise not to organize protests outside Planned Parenthood and demanded to know how its prayer meetings and protest signs... When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to ... (more)

Councilman Eric Garcetti, who jammed with pop star Moby and fashioned himself as a voice for a new generation of city leaders, has opened a growing lead in the race for Los Angeles mayor with the pool of uncounted... When a small anti-abortion group in Iowa sought nonprofit status, the IRS asked its board to promise not to organize protests outside ... (more)

Tea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans held rallies outside federal buildings across the country to protest the agency's extra scrutiny of conservative groups.

The Internal Revenue Service hasn't been under such intense public scrutiny since the hearings in the 1990s that led to the Tax Reform and Restructuring Act of 1998 .

A Northern California tea party group filed the first lawsuit against the U.S. government stemming from the Internal Revenue Service targeting of conservative groups for more scrutiny as they applied for tax-exempt status.

Summoned by Congress, a key figure in the Internal Revenue Service's targeting of conservative groups plans to invoke her constitutional right against self-incrimination and decline to testify at a congressional hearing on Wednesday.

Acting IRS Commissioner Steve Miller testifies on Capitol Hill at a hearing on Internal Revenue Service targeting conservative groups, May 17, 2013 in Washington, DC.

Chanting "IRS has got to go," tea party activists are rallying in Cincinnati to protest extra IRS scrutiny of their groups.

The tax-exempt determinations division of the Internal Revenue Service has long been considered a bit of a dead end within the agency.

Members of the Cincinnati tea party will gather at noon Tuesday at the city's Fountain Square, then march to the nearby federal building to continue the rally.

As soon as I saw the tornado warnings on TV, I had to leave the office right away.

The rate of credit card payments at least 90 days overdue fell to 0.69 percent in the first quarter from 0.85 percent a year earlier - drop of nearly 19 percent, credit reporting agency TransUnion said Tuesday.

Americans are divided over whether to believe the White House on controversies over the Libyan attack that killed a U.S. ambassador and the Internal Revenue Service targeting of Tea Party groups, but they overwhelmingly agree on this: The furors are going to make it harder for President Obama to get things done in his second term.

New details emerged Monday of what the White House knew about the Internal Revenue Service targeting of conservative groups, with spokesman Jay Carney disclosing Chief of Staff Denis McDonough was among the top officials made aware of the matter late last month.

ProPublica reported it had received nine still-pending applications as part of its request for information about 67 nonprofits last year The Internal Revenue Service claims the disclosure of conservative groups' confidential information to investigative journalism outfit ProPublica was "inadvertent and unintentional." After the IRS admitted to ... (more)

As second top Internal Revenue Service official has announced plans to leave the agency amid the controversy over the targeting of tea party groups.

The ousted head of the Internal Revenue Service apologized to Congress on Friday for his agency's tougher treatment of tea party and other conservative groups seeking tax-exempt status.