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The Other Winner of That Big Powerball Prize? The I.R.S. — Dollars and Sense

On Wednesday, the Powerball lottery reached a record $587.5 million. So far two winning tickets have been announced, one in Arizona and one in Missouri. But there's at least one more guaranteed winner: the Internal Revenue Serv

Dark Dwarf, Flickr/Mykl Roventine, Flickr/Adil Mohamed, Flickr/Michael Loccisano, Getty Images
Dark Dwarf, Flickr/Mykl Roventine, Flickr/Adil Mohamed, Flickr/Michael Loccisano, Getty Images
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Pirate’s Ransom and 5 Other Weird Tax Write-Offs

Tax time can be very frustrating when you realize you’re not going to get as big of a refund as you were expecting, or worse, you’re going to have to send the IRS a check. So it’s no wonder people might ask if their pet counts as a dependent (it doesn’t) or if they can write off that new suit jacket (probably not).

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Category: National News Tags: ,
Tim Boyle, Getty Images
Tim Boyle, Getty Images
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Could Virtual IRS Audits Someday Be a Reality?

Finding out you’re being audited by the IRS can be pretty scary, especially when you have to meet with an auditor in person. But what if you could deal with the whole mess via video-conferencing from the comfort of your own home?

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Category: National News Tags: ,

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