The Internal Revenue Service says it has already received more than half the returns it expects to process this year. But the agency is now warning that criminals pretending to be IRS agents have bilked more than $1 million from thousands of taxpayers in a phone scam. More than 20,000 tax payers have been targeted by phony agents who claim victims owe taxes. Then, they demand the victims pay with a prepaid debit card or wire transfer. They also tell victims they could be arrested, deported or lose their business or driver's license if they refuse. This is the largest phone scame the IRS has ever seen.
Amazon is developing a new home entertainment system. According to online reports the online retailer is going to unveil a set-top box for movies and TV shows, as well as a video game console.
Starbucks is planning to expand the number of domestic locations that offer alcoholic beverages. The retailer began with one location selling beer and wine in 2010 and it's slowly expanded into 26 locations. Now, within the next several years, the coffee giant plans to offer alcohol at thousands of locations, as it seeks to create a new way for customers to get together in the evening.