IRS

Joe Shlabotnik / Flickr/Creative Commons

The New Hampshire Liquor Commission is denying allegations made by Executive Councilor Andru Volinsky that the state-run agency is engaging in questionable business practices surrounding all-cash transactions and possible money laundering.

U.S. Treasury

The IRS payment website had an outage on tax day, but U.S. Treasury Secretary Steven Mnuchin reassures last-minute filers that an extension would be available.

 

"We expect it to go up shortly, and we'll make sure taxpayers have extensions once the system comes up to make sure they can use it and it in no way impacts people paying their taxes," Mnuchin told reporters after the event, according to Holly Ramer of The Associated Press.

 

New York State Department of Taxation and Finance

A week after requesting information about possible contacts between the New Hampshire Liquor Commission and a New York man charged with bootlegging, the IRS is now withdrawing its summons, according to the Commission.

Todd Bookman/NHPR

Agents from the Internal Revenue Service made unannounced visits to New Hampshire liquor stores last week, according to multiple sources. The action comes in the wake of allegations made by an elected official that the state-run stores aren’t doing enough to stop potentially illegal all-cash transactions, exposing the state and liquor store employees to possible lawsuits and harm.

4.19.17: The IRS, Stop and Frisk, & The Bookshelf

Apr 19, 2017
Simon Monk via flickr Creative Commons

On today's show:

JonJon2k8 via Flickr Creative Commons

As income tax season begins, the state is warning residents about an increase in scammers claiming to represent the Internal Revenue Service. And some top officials have seen firsthand how the scam works. 

The Cow Loophole

Mar 27, 2012
Photo by No oooming! via Flickr

When I think of tax evasion or corporate loopholes, I think paper shredders and mumbling accountants huddled over ledgers – not green pastures and high white fences… and yet, for wealthy landowners looking to avoid the brunt of high property taxes through agricultural credits and breaks, all it takes to save millions is a few stray heifers, or a handful of goats.   Pat Garofalo is economic policy editor at Think Progress, and the author a recent op-ed called

Many religious traditions stress the importance of charity. But Mormons are remarkable for the amount and the precision with which they give to their church.

The Church of Jesus Christ of Latter-day Saints teaches that each Mormon in good standing should tithe 10 percent of his or her income. The money goes right to church headquarters in Salt Lake City and then is distributed back to congregations around the world.

"That's written in stone, and preached from the pulpit," says Gordon Dahl, an economist at the University of California, San Diego, who is Mormon.

<a href="http://www.flickr.com/photos/davidreber/4471416713/sizes/m/in/photostream/">David Rebber</a> via/ Flickr Creative Commons

There’s National Pi Day...that’s P-I for the mathematicians.

There’s talk like a Pirate Day....ARRRGH... and then there’s today- January 27th, the IRS’s Earned Income Tax Credit Day.

Who knew?

Usually infomercials sound too good to be true, right?

“The Ginsu 2000 can saw a lead pipe and still slice a tomato like this. The legend is back..” 

You expect this kind of shtick from a company peddling steak knives.

But the IRS?

The expiring tax breaks you might NOT have heard about

Dec 19, 2011
(Photo by Brian J Matis via Flickr Creative Commons)

Over the weekend, the Senate overwhelmingly approved extending the payroll tax cut for two months...but before earners could count their thousand-dollar chickens, house speaker Boehner announced the extension would be DOA at the House, sparking a fierce public debate on a week better known for empty halls on Capitol Hill. But with all the kerfluffle over the payroll tax, there are a number of smaller, targeted tax cuts set to expire this year you probably haven't heard about.