Watch Out for These 'Dirty Dozen' Tax Scams
Taxpayers should be on alert for identity thieves, e-mails falsely claiming to be from the IRS and shady tax preparers this year, the IRS warns.
tax dodgers
Getting Paid in Cash? Don't End Up Like Lindsay Lohan
When you get paid in cash, your income is out of sight from the IRS. But as the sad case of tax scofflaw Lindsey Lohan shows, thinking that you can avoid the tax man is not a smart assumption. And while Lohan's issues are extreme, anyone who primarily does business in cash will face the same ones.
Hillary Clinton Wants to Tax the Rich -- Here, There and Everywhere
Last month, Secretary of State Hillary Clinton suggested that elites the world over are under-taxed, and that governments everywhere should change that. Most commentators just assumed she was trying to export the "tax the rich" meme. But what if she's really trying to avoid exporting the rich?
Tax Cheat Whistleblower Who Got $104 Million from IRS Will Owe Millions ... to the IRS
Bradley Birkenfeld just got some good news and some bad news. The good news was that he got a $104 million payment from the IRS for his role in catching tax evaders. The bad news: His reward isn't tax exempt.
Offshored Trillions: The Hidden Economy That's Robbing the World
Tax havens are big news in the U.S., but a recent study shows that, when it comes to offshoring cash to dodge taxes, Americans are amateurs. Globally, tax havens are used to hide an estimated $21 trillion, more than the entire U.S. GDP.
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.
Many Fortune 500 Firms Pay Less in Income Taxes Than You
It's widely known that millionaires and billionaires pay taxes at a lower rate than those of us who make much less. But did you know that Americans collectively pay far higher income tax rates than many U.S. companies with billions of dollars in profits?
30 Top Companies Spent More on Lobbying than Taxes
Thirty large American corporations -- all of them profitable -- spent more money on lobbying than they paid in federal taxes from 2008 to 2010, according to a report from the nonpartisan reform group Public Campaign.
