Internal Revenue Service – Page 11

I.R.S. Extends Freeze of Pandemic-Era Tax Credit Amid Widespread Fraud

An internal analysis conducted by the agency found that up to 90 percent of claims are potentially fraudulent.

By Alan Rappeport

Content Type: Service Identity Theft Income Tax Internal Revenue Service Personal Finances Rebates and Refunds Tax Credits, Deductions and Exemptions Tax Preparers and Preparation

First a Victim of Tax Return Identity Theft, Then a 2-Year Wait for a Refund

The I.R.S.’s Taxpayer Advocate Service found that many of those affected were lower-income people who depended on refunds to cover living costs. The wait is “ridiculous,” the head of the service said.

By Ann Carrns

Capital Gains Tax Frauds and Swindling Internal Revenue Service Puerto Rico Tax Credits, Deductions and Exemptions Tax Evasion Whistle-Blowers

I.R.S. Failed to Police Puerto Rico Tax Break, Whistle-Blower Says

An insider accused the agency of failing to scrutinize a lucrative tax break in Puerto Rico designed to lure wealthy Americans to the island.

By Jesse Drucker

Chicago (Ill) Deutsche Bank AG Fortress Investment Group L.L.C Internal Revenue Service internal-truncator Real Estate (Commercial) Tax Credits, Deductions and Exemptions Trump International Hotel and Tower (Chicago, Ill) Trump Tax Returns Trump, Donald J United States Politics and Government

Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows

A previously unknown focus of an I.R.S. audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on a Chicago skyscraper.

By Russ Buettner and Paul Kiel