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Keyword: irs

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  • Winners and losers in the Republican tax bill

    11/02/2017 7:03:08 PM PDT · by SkyPilot · 98 replies
    Not everyone benefits equally from the tax legislation that House Republicans unveiled Thursday. GOP leaders toiled for weeks to decide what deductions and tax breaks should be axed to pay for the tax cuts. That means the bill creates some winners and some losers. Republicans say their plan will simplify the code and provide tax relief to middle-class families. Speaker Paul Ryan (R-Wis.) repeatedly touted an example on Thursday of how a family of four earning the median American household income of $59,000 would save $1,182 a year on their taxes, using the proposed doubled standard deduction, reduced tax rate...
  • GOP’s tax bill cancels $23 billion in credits claimed by illegal immigrants

    11/02/2017 2:10:45 PM PDT · by jazusamo · 48 replies
    The Washington Times ^ | November 2, 2017 | Stephen Dinan
    The new GOP tax overhaul would strip illegal immigrants of the ability to claim several major tax credits, saving the government $23.1 billion over the next decade, according to the bill’s authors. For years Republicans have complained that despite a general ban on taxpayer benefits flowing to illegal immigrants, the IRS has allowed them to collect the child tax credit, the American Opportunity Tax Credit and the Earned Income Tax Credit. Efforts to shut down those claims have been tried in the House but have never cleared Congress.
  • How the IRS undermined America as a nation of laws

    10/31/2017 9:18:32 AM PDT · by gattaca · 14 replies ^ | Oct. 27, 2017 | Melanie Phillips
    Imagine that the Trump administration was singling out left-wing groups for discrimination, repression or punishment through both the revenue and justice system. I think we can all guess what the reaction would be: foaming outrage across the media, furious editorials and op-eds, dissection of Trump’s vicious sectarian and vindictive personality and the charge that the US had turned into a fascist state. Evidence has now surfaced confirming long-held claims that the Obama administration targeted conservative groups in just this way, and then tried to cover it up. Yet the media reaction has been muted, with coverage consisting mostly of brief...
  • Five Biggest Reasons to Hate the IRS Tax Code

    10/31/2017 5:06:28 AM PDT · by Kaslin · 6 replies ^ | October 31, 2017 | Stephen Moore
    President Donald Trump has proposed what he calls "the biggest tax cut since Ronald Reagan." He also wants vast simplification so that Americans can fill out their taxes on a postcard return. Let's hope that part of this reform package will be to defang the IRS, which treats Americans as if they are guilty until proven innocent and invades the basic privacy rights of citizens. Meanwhile, Trump's critics on the left seem to think the tax code is just fine the way it is. Although some, like socialist hero Bernie Sanders, want tax rates to go much higher. So as...
  • Feds Apologize, Will Pay ‘Generous’ Settlement to Tea Party Groups for Illegal Targeting

    10/26/2017 11:21:24 PM PDT · by Cheerio · 75 replies
    Western Journalism ^ | October 26, 2017 | Andrew Kerr
    The IRS on Thursday settled two lawsuits alleging the agency illegally targeted conservative groups under the Obama administration. One of the settlements stipulated the IRS issue a formal apology for illegally singling out conservative and tea party groups due to their political beliefs dating back to 2013. The other settlement, a class-action lawsuit brought by the NorCal Tea Party with 428 members, includes a “generous” multi-million dollar payout, according to a lawyer involved. “There is no excuse for this conduct,” Attorney General Jeff Sessions said in a statement. “Hundreds of organizations were affected by these actions, and they deserve an...
  • Trump administration officially apologizes for IRS tea party targeting [Lois Lerner guilty]

    10/26/2017 12:47:25 PM PDT · by 4Liberty · 90 replies
    The Washington Times ^ | October 25, 2017 | Stephen Dinan
    Agreement specifically blames Lois Lerner by name for failures The IRS admitted in court Wednesday that it wrongly targeted tea party and other conservative groups for intrusive scrutiny, placing specific blame on former senior executive Lois G. Lerner, and entered into a settlement designed to make sure that kind of political targeting never takes place again. The filing, made in federal court in Washington, D.C., amounts to a stunning apology from the Trump administration for actions taken under President Barack Obama, when hundreds of tea party and conservative groups were singled out for intrusive screening, forced to wait years for...
  • Trump Picks Replacement For Embattled IRS Chief John Koskinen

    10/26/2017 11:24:46 AM PDT · by servo1969 · 50 replies
    The Daily Caller ^ | 10-26-2017 | Chuck Ross
    President Trump made it official on Thursday that embattled IRS Commissioner John Koskinen will be out of a job next month. Trump tapped David Kautter, the Treasury Department’s assistant secretary for tax policy, to serve as interim IRS commissioner, beginning Nov. 13. Koskinen’s term ends on Nov. 12. He was eligible for reappointment, but Koskinen is fiercely opposed by congressional Republicans. Members of the House Freedom Caucus attempted but failed to impeach Koskinen last year, largely over his handling of the scandal involving former IRS official Lois Lerner. Prior to Koskinen’s tenure, Lerner was accused targeting conservative groups who applied...
  • DOJ Settles with Tea Party Groups on Lois Lerner IRS Scandal

    10/26/2017 8:20:35 AM PDT · by Rockitz · 76 replies ^ | 26 Oct 2017 | Ian Mason
    Four hundred sixty nine different plaintiffs in two class-action lawsuits over Obama-era IRS harassment settled with the Department of Justice Thursday, bringing to a close a dark chapter in the IRS’s history. In 2010 and 2011, the IRS under Lois Lerner, particularly out of the Cincinnati field office, launched what many contended were politically motivated investigations and audits of “Tea Party” and other conservative groups. While no criminal prosecutions ever resulted, hundreds of victims assembled in class-action lawsuits against the federal government. Attorney General Sessions appears to have largely acknowledged the plaintiffs’ claims. In a DOJ press release on the...
  • IRS agent’s email says groups were targeted ‘primarily because of their political party affiliation’

    10/25/2017 5:57:34 PM PDT · by markomalley · 27 replies
    Washington Times ^ | 10/25/17 | Stephen Dinan
    Lawyers think they have finally found the smoking gun in the IRS’s tea party targeting scandal: an email from an IRS agent to her supervisors alerting them that the agency was, in fact, singling out some groups’ applications for extreme scrutiny “primarily because of their political party affiliation.” The email was released last month as part of a massive document dump in a class-action lawsuit filed in Ohio by hundreds of conservative groups who were targeted for extra review and intrusive questioning. It contradicts the IRS’s official stance over the years contending that conservative groups were wrongly scrutinized, but it...
  • Why Are Federal Bureaucrats Buying Guns And Ammo? $158 Million Spent By Non-Military Agencies

    10/22/2017 11:28:58 AM PDT · by MtnClimber · 49 replies
    Forbes ^ | 20 Oct, 2017 | Adam Andrzejewski
    We live in a dangerous world. For the 70,000 officers at Homeland Security and the 40,000 officers within the Department of Justice, proper training and equipment are vital to their daily law enforcement duties. Over a nearly two-year period - the last years of the Obama administration (FY2015 - FY2016), these law enforcement agencies spent $138 million on new guns and ammunition. That seems reasonable. What’s curious, however, is that traditionally administrative agencies spent more than $20 million. Four notable examples: 1) The 2,300 Special Agents at the Internal Revenue Service (IRS) are allowed to carry AR-15’s, P90 tactical rifles,...
  • IRS to block, suspend tax returns that lack Obamacare disclosures

    10/20/2017 6:34:58 AM PDT · by Red Badger · 136 replies
    CNBC ^ | 10/20/2017 | Dan Mangan
    The IRS says it will not accept electronic tax returns that do not disclose whether the filer had health insurance coverage during the year. It also says it will suspend paper returns that do not have the disclosure. The IRS' move, which will bolster compliance with Affordable Care Act rules, comes as the Trump administration takes other steps to undercut the law. The IRS is warning tax professionals that it will block or suspend processing of 2017 income tax returns that do not comply with Obamacare rules requiring filers to disclose their health insurance status. The new move to tighten...
  • Oh My: Clinton Foundation's Own Internal Audit Admits They Lied To The IRS (tragic accident alert)

    10/19/2017 5:39:11 AM PDT · by Zakeet · 21 replies
    DC Whispers ^ | October 18, 2017
    An internal audit commissioned by the Clinton Foundation in 2011 revealed that the Clinton's family charity may have misled the Internal Revenue Service (IRS) when it claimed, under penalty of perjury, that it was enforcing a policy against conflicts of interest. [Snip] In short, auditors warned the Clinton Foundation it was likely involved in multiple conflicts of interest violations. That warning was ignored for the entire time Hillary Clinton was Secretary of State as tens of millions of dollars continued to pour into the foundation's coffers. The Clintons knew. The Obama White House knew. Top-ranking members of Congress knew as...
  • Stephen Paddock Worked as an IRS Agent and Letter Carrier for the USPS

    10/10/2017 10:23:50 PM PDT · by Freedom of Speech Wins · 47 replies ^ | 10/03/17 | Chris Bucher
    As Las Vegas police continue to search for a motive behind the deadliest mass shooting in American history, details continue to surface about the past of the 64-year-old shooting suspect. A spokesperson for the Office of Personnel Management told The Associated Press on Tuesday that Stephen Paddock worked as an agent for the Internal Revenue Service in its auditing department and was also a letter carrier for the U.S. Postal Service. The spokesperson said Paddock worked as a mailman for the USPS for two years from 1976-1978 and then worked for the IRS for six years until 1984. After that,...
  • Weekly Update: Big Mueller Lawsuit!

    10/07/2017 10:21:32 AM PDT · by jazusamo · 48 replies
    Judicial Watch ^ | October 6, 2017 | Tom Fitton
    Obama Administration Used Confidential Taxpayer Information to Push Obamacare It’s Government Gone Wild Time In Washington, DC Judicial Watch Sues Justice Department for Mueller Russian Special Counsel Budget Obama Administration Used Confidential Taxpayer Information to Push Obamacare Your Judicial Watch uncovered yet another Obama IRS scandal – and one that includes the massive Health and Human Services (HHS) running Obamacare AND the Obama White House directly! We received two productions of documents, 77 pages and 108 pages , from the IRS revealing that the Obama IRS coordinated with the Department of Health and Human Services and the Obama White...
  • IRS Gives Contract to Equifax [semi-satire]

    10/07/2017 9:46:32 AM PDT · by John Semmens
    Semi-News/Semi-Satire ^ | 8 Oct 2017 | John Semmens
    Despite a hack of its database that exposed the personal information of 145 million of its customers, the Internal Revenue Service (IRS) granted a no-bid $7.5 million contract to Equifax. Under the terms of the contract the company will handle the personal information of millions of taxpayers. Sen. Charles Grassley (R-Iowa) called the contract "bad on so many levels. What kind of fool trusts a firm that has just experienced a huge data breach to handle more of the same kind of data? On top of this, the 'no-bid' process evades procurement guidelines calling for competitive bids from multiple firms....
  • Grassley: IRS contract with Equifax 'doesn't add up'

    10/05/2017 3:54:50 AM PDT · by iowamark · 7 replies
    The IRS award of a $7.25 million no-bid contract to Equifax after a hack of the data services company that exposed personal information of as many as 145 million Americans “just doesn’t add up,” according to Sen. Chuck Grassley. “Given recent Equifax breach the IRS needs 2make clear &demonstrate that taxpayer information is safe if doing biz w Equifax,” the Iowa Republican said in a post on Twitter Wednesday morning. “Not only was I surprised, but I was sitting with a senator in Judiciary (Committee) today that was told that by another senator and he said, ‘You got to be...
  • Republican slams $7.25M IRS contract with Equifax: 'Abject failure'

    10/04/2017 2:35:47 PM PDT · by detective · 6 replies
    The Washington Examiner ^ | Oct 4, 2017 | Joseph Lawler
    IRS officials on a scheduled visit to Congress Wednesday bore the brunt of GOP criticism of the agency for Wednesday's revelation that it awarded Equifax a $7.25 million no-bid contract to maintain taxpayers' confidentiality. "This is an abject failure," said Rep. Jackie Walorski, R-Ind. "This is beyond abject failure, it's a management failure."
  • Report: Obama used IRS to push Obamacare

    10/04/2017 8:08:59 AM PDT · by rktman · 19 replies ^ | 10/4/2017 | Bob Unruh
    It’s no secret that the Internal Revenue Service was used as a political weapon by the Obama administration – just talk to any of the thousands of people affected by the agency’s obstruction of conservative, Christian and tea party organizations at the time Obama was seeking re-election. Now, government documents have been obtained through a Judicial Watch lawsuit that show the scope of the abuse was much broader, including one revealing the White House used the IRS to pressure Americans to support Obamacare. “So now we have more evidence of more Obama IRS abuses targeting innocent Americans – all in...
  • IRS awards fraud-prevention contract to Equifax: report

    10/03/2017 1:36:26 PM PDT · by DFG · 28 replies
    marketwatch ^ | 10/03/2017
    The Internal Revenue Service will pay Equifax $7.25 million to verify taxpayers' identities and help prevent fraud under a no-bid contract issued last week, according to a report in Politico. The contract comes as lawmakers lash out at the company over the major security breach that exposed personal information of millions of Americans. Politico said the credit agency will "verify taxpayer identity" and "assist in ongoing identity verifications and validations" at the IRS.
  • IRS Involved in $5 Million Push to Pressure Americans to Buy Obamacare

    10/02/2017 1:43:35 PM PDT · by ForYourChildren · 17 replies
    Washington Free Bacon ^ | 10/02/2017 | Ali Meyer
    The Internal Revenue Service was involved in a $5 million push to pressure Americans to buy Obamacare coverage, according to documents obtained from the watchdog group Judicial Watch. Under former president Obama, the Department of Health and Human Services and the White House's Behavioral Sciences Team created a $5 million program to target and pressure those who refused Obamacare and either decided to pay a penalty instead or were exempt from being forced to purchase coverage. "Attached are drafts of the letters that IRS will send to selected taxpayers who paid a penalty for failure to have coverage or who...