Faced with a Thursday midnight deadline to avoid possible prosecution, more than 7,500 Americans have come clean about secret foreign bank accounts, a senior IRS official said in an interview for broadcast tonight on "ABC World News with Charles Gibson."

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  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • On Marijuana Tax, Colorado Asks: What’s Too High?
    If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
  • Senate planning vote on Internet sales tax bill
    The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
  • Where do more tax cheats live? South and West, IRS study shows
    Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
  • Obamas paid $112,000 in taxes in 2012
    President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
  • Carson City announces changes to Carson City utility billing and online payments
    Carson City Public Works and the Carson City Treasurer’s Office are excited to announce the launch of Carson City’s new utility billing program. Starting Tuesday, August 3, 2021, customer utility ...
    07/30/2021 - 5:23 am | View Link
  • Carson City health department no longer testing for COVID-19; could change if cases spike
    Carson City Health and Human Services stopped all testing for COVID-19 at their location, causing confusion for some individuals on how and where they can receive tests if they fear they've been ...
    07/28/2021 - 9:11 am | View Link
  • US judge won’t delay prison for UBS informant
    Armed with his disclosures, US officials reached a deferred prosecution agreement with UBS last February in which the bank agreed ... wealthy Americans suspected of using secret accounts to ...
    07/20/2021 - 1:00 pm | View Link
  • UBS France accused of abetting tax evasion
    Antoine Peillon’s new book claims that the Swiss bank’s employees secretly sought ... between 2002 and 2007 to hide undeclared Swiss accounts,” wrote French website rue89 in March last ...
    04/1/2012 - 6:27 am | View Link
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