| Ingersoll-Rand profit up, says IRS eyeing taxes (Reuters) |
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Reuters - Industrial conglomerate
Ingersoll-Rand Co. Ltd. posted profit that met Wall
Street's expectations on Friday, but its shares fell over 4
percent after the Bermuda-incorporated company said U.S.
authorities were looking into its past tax filings. Read Entire Article |
While nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
| Read more... |