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>> INTERNAL REVENUE SERVICE Latest News

9 HOURS AGO - Forbes

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15 Ways To Invite An IRS Audit

There's no reason to pay more tax than is legally required, but there’s also no reason to make yourself a target for an Internal Revenue Service audit or to get your return flagged by the IRS’ computers, which match billions of documents each year. So consider what situations might make you more likely to invite government scrutiny at tax time.

Tags: 15 Ways To Invite An IRS Audit,  Internal Revenue Service Latest News

FEB 26, 2015 - New York Times

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FEB 26, 2015 - New York Times

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FEB 26, 2015 - Washington Post

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It’s been a taxing season already

So far in this tax season, things haven’t been so great.At the beginning of the season, in which people file their 2014 returns, the Internal Revenue Service said service would be slow because of budget cuts. IRS officials told taxpayers to anticipate long wait times for the agency’s toll-free help line. Expect to be on hold as long as 30 ...

Tags: It’s been a taxing season already,  Internal Revenue Service Latest News

FEB 25, 2015 - Business Insider

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FINANCIAL ADVISOR INSIGHTS: Portfolios with penny stocks were three times more likely to lose money in 2014

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.  Penny stocks are hurting your portfolio (Openfolio) According to data from Openfolio, investors who have penny stocks in their portfolio "are 3x more likely to have lost money in 2014." Holders of penny stocks lost an average of 3.3% in 2014 ...

Tags: FINANCIAL ADVISOR INSIGHTS: Portfolios with penny stocks were three times more likely to lose money in 2014,  Internal Revenue Service Latest News