WASHINGTON (AP) - Starting next year, the check will no longer be in the mail for millions of people who receive Social Security and other government benefits. The federal government issues 73 million payments a month, but is phasing out paper checks for all benefit programs. So beneficiaries will have... more »
NEW YORK (AP) - The Justice Department is calling Switzerland's largest private bank a fugitive from justice after it didn't show up for a court hearing in New York.
The bank was indicted on Feb. 2. Since then, U.S. officials haven't found a way to move the case forward.... more »
A Denver TV station is reporting that Democratic gubernatorial candidate John Hickenlooper paid over $52,000 to the Internal Revenue Service in 2008 to settle issues surrounding tax credits he received on conservation easements.
KMGH-TV reported Tuesday that the easements were on land that Hickenlooper and a partner acquired in... more »
Julian McNally just got in to Colorado Springs from Minnesota, and hasn't even had a chance to unpack; he's enrolling in school.
"A thousand miles, you know, a decent drive," McNally says. "I still have all my stuff in my car here." A bit of a rite of passage... more »
The Internal Revenue Service is releasing new guidelines small companies can use to apply for tax credits to spur medical research.
The credit - for up to $5 million per company - will cover up to 50 percent of the cost of qualifying biomedical research. The credit is only... more »
If you're having trouble preparing your income tax returns you can get free help this Saturday from the Internal Revenue Service.
The Colorado Springs IRS office will be open from 9 am - 2 pm.
"There are many tax credits and deductions that may help individuals struggling in... more »
The IRS says 7,500 international tax dodgers have applied for an amnesty program that promises no jail time and reduced penalties for tax cheats who come forward. IRS Commissioner Doug Shulman says response to the program has been unprecedented. He said the tax dodgers were hiding money in more than... more »