IRS Misses XP Deadline, Pays Microsoft Millions for Custom Support

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. » 4/14/14 10:20am Monday 10:20am

Why the Future of Bitcoin Depends on the Silk Road Trial

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. » 4/01/14 6:14pm 4/01/14 6:14pm

IRS Declares Bitcoin Is Property and Must Be Taxed As Such

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. » 3/25/14 2:24pm 3/25/14 2:24pm

The IRS Just Accidentally Published Thousands of SSNs Online

You'd think the IRS would be the one organization it might be safe to trust with your precious Social Security Number. Think again. Thanks to a cock-up, the agency just put tens of thousands of the numbers out on the Internet for anyone and everyone to see. Fantastic. » 7/08/13 12:03pm 7/08/13 12:03pm

How the US Built Its Super-Secret Spy Satellite Program

Ethics aside, espionage is an indispensable part of statecraft. The ISR [Intelligence, Surveillance, and Reconnaissance] information gathered helps steer national policy decisions for everything from mundane trade negotiations to the blackest of ops. And nowhere is this more evident than in the development of the US… » 4/23/13 4:00pm 4/23/13 4:00pm

New Documents Suggest the IRS Reads Your Emails Without a Warrant

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Everyone knows the IRS is our nation's tax collector, but it is also a law enforcement organization tasked with investigating criminal violations of the tax laws. New documents released to the ACLU under the Freedom of Information Act reveal that the IRS Criminal Tax Division has long taken the position that the IRS… » 4/11/13 8:24am 4/11/13 8:24am

At Least the IRS's Ridiculous Star Trek Parody Was Also Crazy Expensive

We all have our favorite Star Trek episodes, and the ones we think aren't quite up to snuff. But here's something we can all agree on: the IRS's nearly $60,000 Star Trek-inspired training video from 2010 would be the worst Star Trek episode ever. No contest. » 3/23/13 5:00pm 3/23/13 5:00pm