Gayle McLaughlin marched in Occupy Wall Street protests and rails against “corporate domination.” Now, as mayor of Richmond, California, the largest U.S. city with a Green Party leader, she wants to seize home loans and make lenders take less than they’re owed to help residents.
Google Inc., owner of the most popular Internet search engine, sued the U.S. Internal Revenue Service for an $83.5 million refund, claiming it was improperly denied a deduction for a 2004 stock transaction with America Online Inc.
The U.S. Internal Revenue Service, already under unprecedented scrutiny, must make another tough call -- whether to recognize the same-sex marriages of taxpayers whose home states don’t consider the unions legal.
New York Yankees co-owner and managing partner Hal Steinbrenner prevailed in a lawsuit brought by the Internal Revenue Service seeking to recover $670,494 from what the government alleged was an unwarranted tax refund.
JPMorgan Chase & Co. will stop financing tax-refund loans for about 13,000 independent U.S. preparers, according to a person at the bank briefed on the matter, a move that may drive customers toward H&R Block Inc.