Internal Revenue Service News

Subrogation Settlements and the IRS

Almost any time money changes hands in America, there are tax issues. The Internal Revenue Code (I.R.C.) is over 2,600 pages long, and contains fives times as many words as the Bible. The federal tax rules and resources within the …

Watchdog: Growing IRS Workload Causing Problems

A government watchdog says the Internal Revenue Service can’t fully handle identity theft cases and fraudulent tax refund claims or adequately answer taxpayers’ questions because its budget is too small to deal with its growing workload. A report by national …