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Obama aides owe back taxes

President Obama is visiting different states to push his Buffet tax and asserting that people need to pay their fair share of taxes. Meanwhile 36 of his aides owe back taxes and other government employees are dodging their taxes. The IRS release ...

President Obama proposes millionaire tax hike in State of the Union Address

Mitt Romney releases tax forms showing he pays a lower tax rate than high earners

GOP candidate Mitt Romney agrees to release tax forms on Tuesday

It has been a tradition for those seeking political office to release their tax forms since Romney’s father ran for President in 1964 and set a precedent.

Former USB client get 45 days in prison for tax evasion

In their effort to crackdown on tax evasion and recover the untold billions of lost revenue, the IRS has been aggressively pursing banks that help people evade their taxes the evaders.

Mitt Romney accused of hiding money in tax havens

New Jersey Governor Chris Christie proposes 10 percent income tax cut

Republican Governor Chris Christie has proposed a 10 percent tax cut for all New Jersey tax payers, but has not detailed how he will pay for the cut.

GOP frontrunner Mitt Romney admits his tax rate is ‘probably’ 15 percent

Individual states looking to raise taxes on millionaires

Warren Buffets challenges Republicans over taxes

Taxes will no doubt always be a source of contention for citizens, corporations and lawmakers. And many people from our Congressmen to tax attorneys all agree the tax code is in serious need of reform.

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IRS alleges Lindsay Lohan owes them $93,000 in back taxes

Lindsay Lohan is being sued by photographer who was hit by her car in January 2010. TMZ has also reported that the IRS has filed a tax lien against the troubled actress alleging she owes them $93,000.

One-third of corporations pay no income taxes

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IRS revives program to forgive tax evaders hiding money in offshore accounts

The Internal Revenue Service has revived a program that gives tax evaders the chance to report their income and avoid any future criminal tax charges.

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IRS audit rates rising for millionaires

The prospect of being audited is daunting, but if you earn less than $200,000 a year the chances of an audit are relatively low. However, if you earn more than a $1 million your chances of being audited increase significantly.

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US authorities charge three more Swiss bankers with tax evasion

Swiss banks have been getting a lot of heat from U.S. authorities lately for helping wealthy Americans hide their money in offshore accounts. The IRS has been aggressively pursuing tax evaders and the people who conspire with them to hide income. ...

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Tax preparers kick off tax season

Now that we have entered a new year, we know taxes are due soon. Although 2011 federal and state taxes aren’t due until April and the feds don’t take tax returns until January 17th, many people want to get ahead of the game and go ahead and file ...

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Colorado anti-tax advocate found guilty of tax evasion

A Denver jury found Doug Bruce, a notorious anti-tax activist, guilty of tax evasion, filing false income tax forms and failure to file a return or pay taxes. Bruce faces up to 12 years in jail $700,000 in fines, according to the Colorado Springs ...

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McConnell urges House to pass payroll tax cut

Lawmakers in Washington are at a stalemate over approving the payroll tax cut which affects 160 million Americans. House speaker John Boehner has repeatedly said this week that the House will not approve a two-month extension, but is instead push ...

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House to Reject Pay Roll Tax Cut Bill

The debate over extending the pay-roll tax cut is still raging on and the House is expected to reject the bill passed by the Senate, which will extend the tax cut for two months.

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Tax Evasion Trial Starts for Creator of Colorado’s Taxpayer’s Bill of Rights

Denver, CO – The man best known for his tax opposition on Colorado was in court of Friday facing federal tax evasion charges. The government accused Douglas Bruce of hiding millions of dollars in a phony charity set up to avoid taxes.