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IRS seeks information about Norway bank accounts

Federal courts in Oklahoma and several other states have authorized the Internal Revenue Service to gather information from financial institutions in those states about people who have used certain credit or debit cards in Norway. Full story

House Republicans: IRS documents show bias against conservatives

WASHINGTON (Reuters) - House of Representatives Republicans on Tuesday said an analysis of treatment of tax-exempt groups by the Internal Revenue Service showed conservative groups faced harsher scrutiny, a claim Democrats challenged. Full story

Liechtenstein bank to pay $23.8M in NY tax case

A Liechtenstein bank will pay $23.8 million to resolve a probe into its use of undeclared accounts to help hundreds of U.S. taxpayers dodge taxes in the United States over a 10-year period, authorities announced Tuesday. Full story

U.S., Liechtenstein bank reach settlement in tax evasion case

WASHINGTON (Reuters) - U.S. federal prosecutors and Liechtenstein's oldest bank, Liechtensteinische Landesbank AG, announced a $23.8 million settlement on Tuesday that halts any criminal prosecution of the bank, which admitted to helping U.S. clients evade taxes. Full story

Worker or contractor? U.S. businesses get it wrong: IRS watchdog

WASHINGTON (Reuters) - U.S. businesses are avoiding millions of dollars a year in federal tax payments by improperly listing employees as independent contractors, despite an Internal Revenue Service program designed to resolve the uncertainty, the agency's watchdog said in a report on Monday. Full story

Using Someone Else's Intellectual Property Comes At a Price

In the IP wars, you have to figure out if a potential violation is worth the penalties you might pay. Full story

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Articles

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Video

  Lew: 'No evidence of political involvement' in IRS targeting of conservative groups

Treasury Secretary Jack Lew elaborates on the president's recent comments calling the IRS scandal a "phony" Washington scandal.

  Rep. Issa utters curious words at IRS hearing

Ranking member of the House Oversight Committee, Rep. Elijah Cummings, joins Chris Matthews to discuss recent accusations from Oversight Committee Chairman Darrell Issa about the IRS scandal.

  IRS controversy descends into Issa name-calling

The Washington Post’s Jonathan Capehart and Mother Jones’ David Corn discuss how Rep. Darrell Issa can’t find any evidence to suggest the IRS controversy leads to the White House, but can insult – and then apologize to -- Rep. Elijah Communings, D-Maryland, for referring to him as a “little boy.”

  Inside the collapse of the IRS scandal

UP’s Steve Kornacki and the political panel talk about the validity of the origination of the IRS scandal and accusations the agency targeted conservative groups.

  GOP tactic on the IRS: Accuse and then prove

The IRS proved that inappropriate tax scrutiny was due to internal management and judgment failures, not political bias. But that’s not stopping Republicans from pointing blame at the White House. The Huffington Post’s Sam Stein and former RNC chairman Michael Steele join MSNBC’s Chris Matthews for

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Related Photos

U.S. House Ways and Means Committee Chairman Camp questions outgoing acting IRS Commissioner Miller during a hearing on the Internal Revenue Service targeting conservative groups on Capitol Hill in Washington
U.S. House Ways and Means Committee Chairman Camp questions outgoing acting IRS Commissioner Miller during a hearing on the Internal Revenue Service targeting conservative groups on Capitol Hill in Washington

U.S. House Ways and Means Committee Chairman Dave Camp (R-MI) questions outgoing acting IRS Commissioner Steven Miller during a hearing on the Internal Revenue Service targeting conservative groups on Capitol Hill in Washington, May 17, 2013. REUTERS/Jason Reed

U.S. House Ways and Means Committee Chairman Dave Camp (R-MI) questions outgoing acting IRS Commissioner Steven Miller during a hearing on the Internal Revenue Service targeting conservative groups on Capitol Hill in Washington
U.S. House Ways and Means Committee Chairman Dave Camp (R-MI) questions outgoing acting IRS Commissioner Steven Miller during a hearing on the Internal Revenue Service targeting conservative groups on Capitol Hill in Washington

U.S. House Ways and Means Committee Chairman Dave Camp (R-MI) questions outgoing acting IRS Commissioner Steven Miller during a hearing on the Internal Revenue Service targeting conservative groups on Capitol Hill in Washington, May 17, 2013. REUTERS/Jason Reed

Carter Hull arrives at the House Oversight & Government Reform Committee hearing in Washington
Carter Hull arrives at the House Oversight & Government Reform Committee hearing in Washington

Carter Hull, former tax law specialist for exempt organizations in the IRS Tax Exempt and Government, arrives at the House Oversight & Government Reform Committee hearing on "The IRS' Systematic Delay and Scrutiny of Tea Party Applications" on Capitol Hill in Washington July 18, 2013. Internal Reven

Hofacre testifies before House Oversight & Government Reform Committee on Capitol Hill
Hofacre testifies before House Oversight & Government Reform Committee on Capitol Hill

Elizabeth Hofacre, revenue agent for exempt organizations in the IRS Tax Exempt and Government Entities Division, testifies before the House Oversight & Government Reform Committee hearing on "The IRS' Systematic Delay and Scrutiny of Tea Party Applications" on Capitol Hill in Washington July 18, 20