MONEYWATCH: Fewer Tax Audits Expected

NEW YORK (CNNMoney) One million audits. That’s how many audits the IRS plans to conduct this year, IRS Commissioner John Koskinen told reporters Thursday. While 1 million is hardly small potatoes, it’s a lot less than the 1.4 million audits the agency conducted in 2013 and the 1.2 million it conducted last year. The reason … Continue reading »

Fiscal Cliff Delays Oregon Taxes

SALEM, Ore. — The IRS has already announced that federal tax filing season will be delayed by about a week due to the fiscal cliff debate. On Thursday, the Oregon Department of Revenue also said their tax processing season will get a later start than usual this year, due to the fiscal cliff. Oregon cannot … Continue reading »