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Internal Revenue Service

News about the Internal Revenue Service. Commentary and archival information about the Internal Revenue Service from The New York Times.

Copyright: Copyright 2017 The New York Times Company

A Tax Penalty for I.R.A. Withdrawals Can Sneak Up on You

Wed, 29 Mar 2017 15:59:14 -0500

People who are 70½ are required to take initial withdrawals from their I.R.A.s. The deadline for doing so is April 1, which this year is a Saturday.

Why Steven Mnuchin Wants a Stronger I.R.S.

Mon, 27 Mar 2017 03:21:14 -0500

Every dollar spent on the tax agency yields as much as $10 for the government, a deal President Trump should like.

Ways to Save (and Not Spend) Your Tax Refund

Fri, 17 Mar 2017 11:51:58 -0500

The I.R.S. makes it easy to use your refund to buy savings bonds or to divide your refund among various bank accounts.

The Lesson of Trump’s 1040

Wed, 15 Mar 2017 17:32:09 -0500

Republican tax policy is a con.

Filing for Federal College Aid Without an I.R.S. Shortcut

Wed, 15 Mar 2017 17:09:42 -0500

Financial aid forms for college just got a bit harder to complete, but it is worth the effort to get them done in a timely manner.

A Fumble on a Key Fafsa Tool, and a Failure to Communicate

Mon, 13 Mar 2017 11:16:35 -0500

Applying for financial aid got harder at an inopportune time for many students, and federal agencies were slow to explain a problem with a data tool.

Will a Leak Reveal Trump’s Tax Returns? Don’t Hold Your Breath

Thu, 09 Mar 2017 12:23:23 -0500

Experts say a breach of or leaks from the I.R.S. are unlikely, though there are other possible avenues to the president’s tax documents.

Valuation Shell Game: Silicon Valley’s Dirty Secret

Wed, 08 Mar 2017 15:44:14 -0500

Private companies must hire outside firms to value shares issued to employees, but it is a costly and complex process that yields curiously precise numbers.

Cutting the I.R.S. Budget

Tue, 07 Mar 2017 15:17:30 -0500

Weakening the I.R.S. will encourage tax fraud and reduce treasury funds, a reader warns.

Morgan Stanley Goofed on Tax Information. But Not to Worry.

Fri, 03 Mar 2017 10:56:53 -0500

The company provided incorrect data to some clients, leading them to underpay or overpay their taxes. It’s taking care of the matter with the I.R.S.