InternalRevenueService

Here's a Corporate Tax Loophole a Porsche Could Drive Through

America used to stand alone among Western nations when it came to corporate tax-dodging. No more: Just as we've exported Hollywood and fast food to the world, we're apparently exporting that aspect of our culture too: Witness how Volkswagen and Porsche are beating one big tax bill.

IRS To-Dos Before You Say 'I Do'

In many cases, getting married can mean big changes in your tax situation, and the sooner you start planning, the more likely it is you'll avoid some huge pitfalls that snare many newlyweds.

More Crazy Tax Deductions: What Worked, What Didn't

From hip replacements to pole dancing classes, here are some of the most outlandish deductions taxpayers have ever attempted to claim. You won't believe what these people tried that their accountants said wouldn't fly -- and you really won't believe what did (literally).

Don't Fall Into This Painful Tax Trap

If you have to write the IRS a check every year, there's a chance you could get even worse news from the tax man: an extra bill for interest and penalties. How can you avoid that? Welcome to the nerve-wracking world of estimated tax payments.

Taxing Cinema: The IRS Goes to Hollywood

Every year, tax season inspires Americans ... to gripe and complain. But rather than focus on the depressing side of your yearly ordeal, why not consider the more enjoyable things that taxes have inspired -- namely, a long list of films. On Oscar weekend, there's no better time to recall these taxing classics.

5 Ways to Save Your Tax Refund (and 1 to Spend It)

Chalk it up to the nation's lingering economic malaise: More Americans this year plan to sock some of their tax refund away in savings. If you're among them, here are a few smart ways to stash that cash.

3 Simple Tax Terms That Have Been Redefined to Confuse Us

Is the American tax code designed to be confusing? At more than 70,000 pages, its complexity is hard to overstate. But forget its vastness: Even when it comes to its most basic terms, the IRS seems determined to muddy the waters of meaning. To help you out, we've unpacked a few of the most weaselly weasel words.

Tax Prep Nightmare: Don't Get Conned by Your Tax Pro

A series of major problems and the whiff of potential fraud at a tax-prep company called "Mo Money Taxes" are a scary reminder: Be smart about selecting the professional who helps with your tax return. Here are some tips to help you avoid the shady characters.

Tax Refunds Are Shrinking -- and That's Good News

2011 wasn't a good year for those expecting big checks from the IRS. Not only were fewer refunds delivered, but the average refund was smaller. That's no surprise in this economy, but it's also a sign that Americans are getting smarter about how we handle our taxes.

Report: Shortchanging IRS Budget Hurts Taxpayers

Congress is damaging the Internal Revenue Service by shortchanging its budget, making it harder for the agency to help taxpayers, detect fraud and bolster revenue collection even as budget deficits surge, a government watchdog said Wednesday. "The imbalance between its workload and its resources is becoming unmanageable," Nina E. Olson, the national taxpayer advocate, wrote in her annual report on the IRS.

Tax Season Scams: How to Avoid the Fake Refund Cons

Uncle Sam isn't the only one looking to collect from taxpayers this year: A rapidly growing number of Internet scammers are also using the guise of the IRS to siphon money out of consumers' pockets, security experts say.

A Secret Trick to Boost Holiday Cash Flow

There may be a way to unlock some extra cash for the holidays right under your nose. If you're getting a tax refund of more than $500 come springtime, it means you are giving the government an interest-free loan. Wouldn't you rather have some of that money now? Here's how to get it.

IRS Offers Help to Late Taxpayers at Open Houses Saturday

For some of us, getting a financial fresh start might begin with paying back taxes. More than 1 million taxpayers had federal tax liens filed against them in 2010, a 60% increase from 2007. On Saturday, the IRS will host open houses at 74 Taxpayer Assistance Centers around the country to provide assistance with getting liens withdrawn and answer questions about ongoing issues.

A Peek Inside the IRS's Suggestion Box

In the complicated, confusing, and confounding world of taxes, we citizens have a little-known ally within the IRS: the Office of the Taxpayer Advocate, Nina Olson. Olson welcomes your thoughts via a suggestion box on tax reform. So far, she's received roughly 1,500 submissions, and she's still asking for more.

Don't spend your tax refund just yet

If you're one of the millions affected by the Alternative Minimum Tax (AMT) temporary fix approved by the House of Representatives last week, you may...