Facebook could be in trouble with the US Internal Revenue Service. The Justice Department filed a lawsuit on Wednesday, hoping compel Facebook to turn over information regarding any transfer of global assets to an Irish-based holding company on its 2010 tax return. The IRS is investigating whether Facebook undervalued…
Hackers stole sensitive records from over 700,000 people by breaching the Internal Revenue Service in 2015. You’d think that kind of horrific security breach would prompt some soul-searching, but [insert joke about soulless taxman here] nope. The IRS continues to use an impressively bad PIN authentication process to…
Remember when thieves took advantage of crappy security on the IRS’ online tax transcript website and stole the personal information of 100,000 people? We already knew that initial number was a lowball, but we didn’t know how low—an IRS audit recently uncovered that over 700,000 people had their accounts breached, and…
Somebody tried to hack into the IRS last month, but don’t worry because the tax man caught them. Nice!
Last month, it was alleged that the Internal Revenue Service had been using Stingray devices to track people by scraping their phone metadata. Now, it’s admitted as much—and gone so far as to say that it wants another of the units, too.
Remember that awful news of Russian hackers stealing the personal information of 100,000 taxpayers? Turns out the Internal Revenue Service lowballed the number. The agency now says that over 600,000 people were targeted with 300,000 unlucky persons losing their data privacy completely.
Reports issued to the Senate Finance Committee by a governmental watchdog reveal that the Internal Revenue Service has failed to upgrade its systems to fend off digital attacks, making the recent theft of 104,000 taxpayer details more straightforward than it should have been.
The Internal Revenue Service suspect that Russian hackers are the culprits who stole the tax records of at least 100,000 people this year, and—yep, you read that right. Russian hackers! If you’re getting déjà vu, that’s because this marks the third time in very recent history that US government websites have been…
Paying taxes is generally an unpleasant time. But the baseline misery of siphoning cash back to bureaucrats sounds downright delightful compared to getting straight up robbed, which is what happened to a lot of people this year. The Internal Revenue Service shut down an online tax filing program today after announcing…
Thanks, Obama! Wait, no, seriously—that’s who Republicans really are blaming for the massive shortage in customer service help from the IRS this season, during which hang-ups on the IRS’s tax helpline rose from 360,000 last year to 8 million in 2015.
Everybody hates the IRS. As John Oliver put it in his latest rant, “Dealing with them is obligatory. It often functions badly. And it combines two of the things we hate most in life: someone taking our money and math.” Good point.
The only thing that sucks worse than doing taxes is a hacker stealing your identity, doing your taxes for you, and then depositing your return in a random bank account, where it can later be transferred to Nigeria. Sound impossible? It's not, according to the story of an unlucky man named Michael Kasper.
When the IRS began using computers in the early 60s, there was national outrage: how could a machine be trusted to look after our finances? This 10-minute video, fresh from the archives, was an attempt to convince people that everything would be OK.
Happy Tax Day! Do you know where your tax dollars are going? No? Doesn't that seem a little ridiculous? What if you could tell the government exactly how to spend your hard-earned money? Now you can—even if it is hypothetically.
The IRS isn't exactly known for playing fast and loose with deadlines—your deadlines, that is. But when it comes to its own, its apparently a lot more willing to take their chances. In this case, that means paying millions of dollars to keep running Windows XP long after the deadline has come and gone.
Over the weekend, Ross Ulbricht's lawyer, Joshua Dratel, filed a motion asking the court to dismiss all charges against the Silk Road kingpin. It's largely what you'd expect from a bullish defense attorney. But here's the twist: Dratel throws bitcoin under the bus.
With April 15 looming, plenty of bitcoin barons have been wondering how to treat their newfound crypto-fortunes. Does it count as capital gains? Is it taxed like a currency? Is it taxed at all? Well, on Tuesday, the Internal Revenue Service announced definitively that Bitcoin is property, and will be taxed as such.
Taxpayers, the federal government just announced a new online tool that makes filing a wee bit easier: now you can download your past tax return documents directly from the IRS website. One small step. [WhiteHouse.gov via TheVerge]