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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 2016 The New York Times Company

Supreme Court Case Has Bankruptcy World on Edge

Tue, 06 Dec 2016 14:09:05 -0500

In a widely watched case, some fear a decision could lead to situations where stronger creditors gang up to squeeze out others

As Fintech Comes of Age, Government Seeks an Oversight Role

Mon, 05 Dec 2016 12:54:49 -0500

The I.R.S. is looking at Bitcoin transactions for tax violations, demanding information from Coinbase, a virtual currency exchange.

Donald Trump and the Lawsuit Presidency

Fri, 25 Nov 2016 03:21:22 -0500

The $25 million settlement of the Trump University fraud cases is only the tip of the iceberg.

Bitcoin Users Who Evade Taxes Are Sought by the I.R.S.

Fri, 18 Nov 2016 16:24:14 -0500

The I.R.S. has asked Coinbase, the largest Bitcoin exchange in the United States, for the records of customers who bought virtual currency from 2013 to 2015.

How Students Are Responding to the Changes in Federal Financial Aid

Wed, 16 Nov 2016 19:25:23 -0500

This year, for the first time, the Fafsa was made available on Oct. 1 — three months earlier than usual — for the next academic year.

How Federal Ethics Laws Will Apply to a Trump Presidency

Fri, 11 Nov 2016 21:17:28 -0500

Donald J. Trump’s financial dealings and vast web of businesses pose a number of potential conflicts as he prepares to lead the country.

Trump’s Changes to the Tax Codes May Encourage Dynastic Wealth

Fri, 11 Nov 2016 19:32:48 -0500

Donald J. Trump has proposed repealing much of the estate law and the tax benefits of philanthropy, giving wealthy families incentives to hold on to their money.

A Stranded $2 Trillion Overseas Stash Gets Closer to Coming Home

Fri, 04 Nov 2016 14:01:34 -0500

Consensus emerges among politicians, including both presidential candidates, that companies’ foreign profits should be brought back to America. But how?

Donald Trump Used Legally Dubious Method to Avoid Paying Taxes

Mon, 31 Oct 2016 20:29:33 -0500

Thanks to a maneuver later outlawed by Congress, Mr. Trump potentially escaped paying tens of millions of dollars in federal personal income taxes.

How Donald Trump Avoided Paying Taxes Using Other People’s Money

Mon, 31 Oct 2016 20:27:16 -0500

Mr. Trump managed to save millions in personal taxes by borrowing – then losing – other people’s money.