Frank Keith

WASHINGTON (Reuters) - The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.

WASHINGTON (Reuters) - The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.

WASHINGTON (Reuters) - The U.S. Internal Revenue Service's new software system for handling electronic tax returns has experienced problems during the tax filing season, angering some taxpayers whose refunds have been delayed.

Government says nearly 1,300 prison inmates get $9 million in homebuyer tax credits. Living in prison didn't stop nearly 1,300 inmates from cashing in on a popular tax break for first-time homebuyers, a government investigator reported Wednesday. Their take: more than $9 million.

A landmark tax evasion deal between the United States, Switzerland and the banking giant UBS was rejected by Swiss lawmakers Tuesday, sparking a warning of legal action from Washington.

The United States warned Switzerland Tuesday of legal action if it reneges on a deal allowing UBS bank to provide the names of thousands of account holders allegedly dodging American taxes.

The United States warned Switzerland Tuesday of legal action if it reneges on a deal allowing UBS bank to provide the names of thousands of account holders allegedly dodging American taxes.

WASHINGTON (Reuters) - U.S. tax authorities are doing fewer audits of big corporations than in the past, a research group charged, though the government said the report shines a light on the wrong metrics.

IRS seeking names of taxpayers in Stanford's Antiguan bank to check for discrepancies. The Internal Revenue Service wants the names of U.S. taxpayers who have foreign accounts with companies owned by indicted billionaire R. Allen Stanford, according to court papers filed Wednesday.

Questions arise on first-time homebuyers tax credit; congressional leaders want it extended. Key congressional leaders want to extend the tax credit for first-time homebuyers beyond its scheduled end-of-November expiration despite complaints of fraud and Obama administration concerns about the costs.

Questions arise on first-time homebuyers tax credit; congressional leaders want it extended. Key congressional leaders want to extend the tax credit for first-time homebuyers beyond its scheduled end-of-November expiration despite complaints of fraud and Obama administration concerns about the costs.

WASHINGTON (Reuters) - The internal watchdog for the U.S. Internal Revenue Service is expected to warn the agency for the fourth time about fraud in the multibillion dollar homebuyer tax credit program, according to a report to be released at a congressional hearing later this week.

AP Enterprise: Army Corps of Engineers orders thousands of trees cut down to protect levees. The Army Corps of Engineers is on a mission to chop down every tree in the country that grows within 15 feet of a levee ? including oaks and sycamores in Louisiana, willows in Oklahoma and cottonwoods in California.

Lawmaker says 13 firms receiving government bailout money owe more than $220M in back taxes. At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday. Rep. John Lewis, D-Ga., chairman of a House subcommittee overseeing the federal bailout, said two firms owe more than $100 million apiece. "This is shameful. It is a disgrace," said Lewis. "We are going to get to the bottom of what is going on here."