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Financial News
5-8-2012 5:56:00 PM
Criminals who file fraudulent tax returns by stealing people's identities could rake in an estimated $26 billion over the next five years because the IRS cannot keep up with the amount of the fraud, Treasury Inspector General J. Russell George said Tuesday. 5-18-2012 4:29:33 PM
The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law. 4-26-2012 4:49:07 AM
It's a provocative fact about the tax code: Nearly half of U.S. households end up owing no federal income tax. |