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Keyword: irs

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  • IRS execs: Our lives at risk in tea party case

    05/14/2017 1:55:04 PM PDT · by ameribbean expat · 67 replies
    Link only due to copyright. http://www.cincinnati.com/story/news/politics/2017/05/12/irs-execs-lives-risk-tea-party-case/101591538/
  • IG: ‘IRS Overpaid More Than 600 Employees Approximately $4.2 Million’

    05/10/2017 11:56:53 PM PDT · by Olog-hai · 29 replies
    Cybercast News Service ^ | May 10, 2017 | 10:34 AM EDT | Terence P. Jeffrey
    The Internal Revenue Service, which is responsible for collecting federal taxes and enforcing federal tax law, was unable to accurately deal with its own complex rules governing the payment of its own employees and ended up overpaying more than 600 IRS workers about $4,200,000, according to an audit report by the Treasury Inspector General for Tax Administration. The IRS also underpaid more than 900 employees about $2,700,000, according to TIGTA’s estimate. The inspector general found that the IRS’s rules for how it determines the correct pay for one of its own employees when he or she is promoted to a...
  • Senator Helps Minnesota Man Whom IRS Falsely Declared Dead

    05/10/2017 5:05:08 PM PDT · by LouieFisk · 13 replies
    U.S. News & World Report ^ | May 10, 2017 | U.S. News & World Report-AP
    The false declaration initially was made when Ronning was four years old. As an adult, he has always paid his taxes, but either only got half of his return or none at all since 2009. "It's insulting, it's shocking, it's frustrating," Ronning said. "I'd call and they were like, 'let's just give him the hold monster.'"
  • 25 percent of IRS payments for several major tax credits are wrong, IG says

    05/03/2017 1:20:41 PM PDT · by Oldeconomybuyer · 9 replies
    Washington Examiner ^ | May 2, 2017 | by Joseph Lawler
    One-fourth of IRS payments for several major refundable tax credits are being improperly made, costing the government billions of dollars, the Treasury's inspector general for tax said. In a report released Tuesday, the inspector general found that the rate of improper payments remains high, at nearly 25 percent, for the earned income tax credit, the refundable portion of the child tax credit, and the American Opportunity tax credit, a benefit for college students. While the IRS has acknowledged that the earned income tax credit is a high risk, it "still does not provide a valid assessment" of the rate of...
  • Billionaire Robert Mercer did Trump a huge favor. Will he get a payback?

    05/01/2017 9:47:24 AM PDT · by browniexyz · 17 replies
    McClatchy DC ^ | May 1, 2017 | Scott Christianson & Greg Gordon
    The Internal Revenue Service is demanding a whopping $7 billion or more in back taxes from the world’s most profitable hedge fund, whose boss’s wealth and cyber savvy helped Donald Trump pole-vault into the White House. Suddenly, the government’s seven-year pursuit of Renaissance Technologies LLC is blanketed in political intrigue, now that the hedge fund’s reclusive, anti-establishment co-chief executive, Robert Mercer, has morphed into a political force who might be owed a big presidential favor.
  • Billionaire Robert Mercer did Trump a huge favor. Will he get a payback?

    05/01/2017 7:36:24 AM PDT · by libh8er · 14 replies
    McClathcy ^ | 05-01-2017 | Scott Christianson and Greg Gordon
    The Internal Revenue Service is demanding a whopping $7 billion or more in back taxes from the world’s most profitable hedge fund, whose boss’s wealth and cyber savvy helped Donald Trump pole-vault into the White House. Suddenly, the government’s seven-year pursuit of Renaissance Technologies LLC is blanketed in political intrigue, now that the hedge fund’s reclusive, anti-establishment co-chief executive, Robert Mercer, has morphed into a political force who might be owed a big presidential favor. With Trump in the Oval Office, Mercer and his daughter Rebekah, who has become his public voice, seem armed with political firepower every which way...
  • Is It Time to Repeal FATCA?

    04/27/2017 8:16:16 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | April 27, 2017 | Veronique de Rugy
    I've previously argued that the Trump administration should stop funding the Organization for Economic Cooperation and Development because of its advocacy of higher taxes and tax harmonization. At the time, I was told that my position could be perceived as hypocritical because our government is responsible for the adoption and enforcement of the hideous Foreign Account Tax Compliance Act. Let me address this omission. FATCA, which was passed in 2010 by a Democratic Congress and enacted by President Barack Obama, requires law-abiding Americans with legitimate bank accounts outside the country and foreigners working in the United States to turn over...
  • Did Clintons Try to Shut Down Investigation of Foundation Donor w/IRS Audit?

    04/26/2017 3:27:52 PM PDT · by detective · 24 replies
    Frontpage ^ | April 26, 2017 | Daniel Greenfield
    Membership has its privileges. A Bangladesh government commission was investigating multiple charges of financial mismanagement at Grameen Bank, beginning in May 2012. Muhammad Yunus, a major Clinton Foundation donor, served as managing director of the bank
  • IRS Employee Indicted for Stealing Taxpayers’ IDs and Filing Fraudulent Returns

    04/26/2017 7:46:16 AM PDT · by DFG · 19 replies
    Department of Justice ^ | 04/24/2017 | Department of Justice
    Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Monday, April 24, 2017 IRS Employee Indicted for Stealing Taxpayers’ IDs and Filing Fraudulent Returns A federal grand jury sitting in the Northern District of Georgia indicted an Internal Revenue Service (IRS) employee today for wire fraud and aggravated identity theft, announced Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and U.S. Attorney John A. Horn for the Northern District of Georgia. According to the indictment, since November 2010, Stephanie Parker of Atlanta, Georgia, worked at the IRS and had access to taxpayers’ personal...
  • Hillary Aides Threatened Prime Minister’s Son With IRS Audit

    04/26/2017 5:22:39 AM PDT · by Enlightened1 · 29 replies
    Daily Caller ^ | 04/25/17 | Richard Pollock
    Hillary Clinton’s Department of State aides threatened a South Asian prime minister’s son with an IRS audit in an attempt to stop a Bangladesh government investigation of a close friend and donor of Clinton’s, The Daily Caller News Foundation’s Investigative Group learned. A Bangladesh government commission was investigating multiple charges of financial mismanagement at Grameen Bank, beginning in May 2012. Muhammad Yunus, a major Clinton Foundation donor, served as managing director of the bank. Sajeeb Wazed Joy, son of Bangladesh Prime Minister Sheikh Hasina and permanent U.S. resident, recalled the account of the threatened IRS audit to TheDCNF. The allegations mark the first known instance...
  • An Important Legal Ruling Against the IRS May Have Huge Implications

    04/21/2017 8:16:26 AM PDT · by SeekAndFind · 44 replies
    PJ Media ^ | 04/21/2017 | Jeff Reynolds
    In a major victory in the ongoing Lois Lerner scandal at the IRS, non-profit election integrity organization True the Vote defeated an IRS motion to quash discovery in True the Vote v. IRS. The ruling means that everyone involved in the scandal could be compelled to submit every document related to the case and be deposed by True the Vote's legal team.From their press release: Judge Reggie Walton of U.S. Court of Appeals for the District of Columbia just issued a critical order in True the Vote v. IRS case. The order compels the IRS to submit to discovery and...
  • Lois Lerner: Public Can Never Know What I Did

    04/20/2017 4:27:08 PM PDT · by Roman_War_Criminal · 157 replies
    Unfiltered Patriot ^ | 4/14/17 | Shawn
    Embattled ex-IRS executive Lois Lerner was in federal court last week, asking a judge to seal her forthcoming deposition due to the inflammatory nature of her testimony. Lerner told the judge that if her actions at the IRS were to become public knowledge, she could face death threats from angry Americans – particularly those on the conservative side of the spectrum. Lerner is well-known for her role in the IRS’s partisan targeting of Tea Party groups; under the Obama administration, the IRS singled out nonprofit groups with conservative, Tea Party-ish style names for extra scrutiny. Many of their cases lingered...
  • I.R.S. Enlists Debt Collectors to Recover Overdue Taxes

    04/20/2017 10:21:48 AM PDT · by posterchild · 34 replies
    New York Times ^ | Apr 20, 2017 | JESSICA SILVER-GREENBERG and STACY COWLEY
    The Internal Revenue Service is about to start using four private debt-collection companies to chase down overdue payments from hundreds of thousands of people who owe money to the federal government, a job it has handled in house for years. Unlike I.R.S. agents, who are not usually allowed to call delinquent taxpayers by telephone, the outside debt-collection agencies will have free rein to do so. Consumer watchdogs are fearful that some of the nation’s most vulnerable taxpayers will be harassed and that criminals will take advantage of the system by phoning people and impersonating I.R.S. collectors. Additionally, one of the...
  • "Good Leak": Chris Matthews Invites IRS to Reveal Trump Audit Status

    04/17/2017 6:32:22 PM PDT · by governsleastgovernsbest · 65 replies
    Legal Insurrection ^ | Mark Finkelstein
    Chris Matthews has invited liberals at the IRS to leak the audit status of President Trump's tax return. On this evening's Hardball, Matthews said: "we know there's no audit [of Trump.] Can't the IRS just make a statement, he's not under audit? Just make the announcement. By the way, that would be a good leak. Somebody at the IRS just leaking. I thought they were all liberals over there. Why doesn't somebody just leak it?" Pursuant to 26 US Code Sec. 7213, disclosing an individual's return information, which would presumably include the audit status of a return, is "a felony...
  • Investigation of IRS Targeting Called "Risky" [semi-satire]

    04/17/2017 8:58:17 AM PDT · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 16 Apr 2017 | John Semmens
    Lois Lerner, the IRS official implicated in the agency's illegal targeting of conservative groups for discriminatory treatment, came out strongly against the suggestion by House Republicans Rep. Peter Roskam (R-Ill) and Rep. Kevin Brady (R-Texas) that the Department of Justice look into the matter. "The reopening of an incident occurring five years ago will only stir up unnecessary interest in something that cannot be undone," Lerner pleaded. "The animosity that will be unfairly directed at me for misdeeds perpetrated by subordinates without my knowledge is risky. It would expose me to harassment and possible harm without really righting any of...
  • Book Exposes IRS 501c3 Church Scam

    04/17/2017 8:06:16 AM PDT · by Sean_Anthony · 10 replies
    Canada Free Press ^ | 04/17/17 | Rev. Austin Miles
    If you have a ministry and a church you are automatically tax exempt. This book shows you how to cut through the road blocks and simply claim it The Communist-George Soros Democrats running the Internal Revenue Service (IRS) have managed to bully churches into becoming partners with them by the creation of the 501c3 (Not-for-Profit) status. This action pushed churches to incorporate themselves as franchises of the United States in order to avoid taxes they never owed in the first place. Don’t forget that last sentence. According to an informative book; Things You Need to Know about Non-profits-Making Sense of...
  • Obama’s Chaos Strategy: The Case of the IRS IED

    04/16/2017 1:27:45 PM PDT · by MtnClimber · 12 replies
    American Greatness ^ | 15 Apr, 2017 | D Hawthorne
    s Lois Lerner attempts to garner the public’s sympathy and a sealing of her testimony in a federal case looking into the targeting of political opponents during the Obama Administration, new reports now suggest that the House of Representatives will recommend the Department of Justice (DOJ) file criminal charges against her. Lerner is the former IRS Exempt Organizations Director and, as such, she is the central player in the pending explosion of the Obama era IRS scandal. The IRS targeting scandal of profiling and harassing conservative political groups began in March 2010, shortly after the January 2010 Citizens United case...
  • pay estimated taxes after windfall year income? (turbotax, independent consultancy)

    04/14/2017 2:29:46 PM PDT · by SteveH · 46 replies
    steveh | 4-14-2017 | steveh
    if i have a year of windfall income (independent consultancy), then do i have to pay next year's 1040es estimated tax? the one year jump is about $125k over what i normally make. this is a large amount of money over 4 payments for income that i know i will not have this year. tia!
  • Filing Taxes in Japan and Elsewhere Is a Breeze. Why Not Here?

    04/14/2017 9:45:32 AM PDT · by SeekAndFind · 32 replies
    New York Times ^ | 04/14/2017 | T.R. Reid
    Ah, the blithe joys of springtime in the United States. Azaleas in bloom at the Masters, breezy picnics on balmy afternoons, Easter egg hunts — and the annual ordeal of tax forms, with helpful I.R.S. instructions like this: “Go to Part IV of Schedule I to figure line 52 if the estate or trust has qualified dividends or has a gain on lines 18a and 19 of column (2) of Schedule D (Form 1041) (as refigured for the AMT, if necessary).” Americans will spend more than six billion hours this year gathering records and filling out forms, just to pay...
  • Criminal charges for IRS targeting conspiracy ringleader Lois Lerner?

    04/14/2017 9:15:50 AM PDT · by Sean_Anthony · 27 replies
    Canada Free Press ^ | 04/14/17 | Matthew Vadum
    Pressing U.S. Attorney General Jeff Sessions to pursue criminal charges against former IRS nonprofits chief Lois Lerner. Senior Republicans on Capitol Hill are pressing U.S. Attorney General Jeff Sessions to pursue criminal charges against former IRS nonprofits chief Lois Lerner. Lerner, whose title was IRS Exempt Organizations Division Director, orchestrated an unprecedented crackdown on Tea Party and conservative groups and then attempted to scapegoat those nonprofits, blaming them for the harsh treatment they received at her instigation.