By Michael Cohn, Accounting Today The Internal Revenue Service has released a clarification for how to report credit and debit card transactions on the new Form 1099-K information-reporting form. For tax year 2011 the IRS said on its Web site that it

If the IRS begins to suspect that a tax return isn't entirely truthful, the filer might be in for an audit. Two tax experts shared ideas about how to avoid an audit, about red flags that can prompt a second look from the IRS and about what to do if

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Lindsay Lohan's business manager is "working out" a payment deal with tax officials after failing to keep up to date with her earnings from 2009 and 2010. The star is accused of falling behind wi

Some groups, including Ohio Liberty Council, believe that Obama is using the IRS to pressure his opposition with harsh demands in order to silence them. by Raven Clabough.