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Keyword: irs

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  • Ted Cruz and Marco Rubio both release their tax returns as they accuse Trump of hiding his behind...

    02/28/2016 9:58:22 AM PST · by GodGunsGuts · 104 replies
    Daily Mail ^ | February 28, 2016 | Kalhan Rosenblatt
    Ted Cruz and Marco Rubio have released their tax returns for the last four years and the last five years, respectivelyThe Republican presidential candidates made the documents public as they mount attacks against front-runner Trump for not disclosing Trump is hiding up to five years-worth of his returnsTrump is being audited and said that's why the documents haven't be releasedThe audit 'makes it even more important for him to release his taxes', Cruz argued on a Sunday broadcast of 'Face The Nation' ...
  • Ted Cruz Says IRS Has Been 'Weaponized' & Should Be Abolished (Flashback Jan 2015)

    02/28/2016 9:17:42 AM PST · by jimbo123 · 34 replies
    Fox News ^ | 1/15/15 | Fox News
    Sen. Ted Cruz (R-TX) emphatically denounced the IRS this week in a Heritage Foundation speech, saying that that the agency doesn't need to be reformed, it needs to be "abolished." -snip- “As we have seen the weaponization of the IRS, as we have seen the Obama administration using the IRS in a partisan manner to punish its political enemies.”
  • Ted Cruz speculates of possible mafia ties in Donald Trump's tax returns (Wow!)

    02/28/2016 8:34:26 AM PST · by RoosterRedux · 450 replies
    businessinsider.com ^ | Brett LoGiurato
    Sen. Ted Cruz speculated Sunday that Republican presidential rival Donald Trump might be delaying the release of his tax returns because of possible ties with the mob. "Maybe it is the case that Donald, there have been multiple media reports about Donald's business dealings with the mob, with the mafia," Cruz said on "Meet the Press." "Maybe his taxes show those business dealings are a lot more extensive than has been reported," he added. Cruz repeated the suggestion on ABC's "This Week," seemingly stunning host George Stephanopoulos. "Business dealings with the mafia?" Stephanopoulos asked, incredulously.
  • What do tax law experts say about Trump's claim that he can't release his tax returns during audit?

    02/27/2016 1:20:58 PM PST · by monkapotamus · 40 replies
    Pittsburgh Post-Gazette ^ | February 26, 2016 | Philip Bump
    “Think of an audit as an investigation, an on-going investigation,” Goldburd said. “Any person that has legal counsel, their legal counsel will say, ‘If you’re under investigation, you should not be talking to the media, you should not be talking to anyone other than your legal counsel or through your legal counsel...‘” But can’t he release something, we asked? Nope. “I probably would not allow him to release anything,” Goldburd said. “He’s in the middle of an investigation...”
  • Trump Says He 'Can't' Release His Tax Returns. The IRS Doesn't See Why Not.

    02/27/2016 10:52:51 AM PST · by TBP · 85 replies
    Windstream ^ | NOW | VERA BERGENGRUEN AND JACOB BELL
    Donald Trump says he would like to release his tax returns to the public, but just can't. "I'm being audited now for two or three years, so I can't do it until the audit is finished, obviously. And I think people would understand that," the Republican front-runner said at Thursday night's Republican debate in Houston. The Internal Revenue Service and tax experts, though, say he can. "Nothing prevents individuals from sharing their own tax information," IRS spokesman Anthony Burke said in an email. Audits aren't out of the norm for someone with Trump's wealth, legal experts say, and there's nothing...
  • Jonah Goldberg: Donald Trump, Christian Martyr

    02/27/2016 10:51:11 AM PST · by EveningStar · 31 replies
    National Review ^ | February 26, 2016 | Jonah Goldberg
    Donald Trump, Christian Martyr I was starting to doze off. The debate was all but over, and the exhaustion from the day was catching up with me, as was the scotch. The rush of finally seeing the candidates go after Trump in a serious way was wearing off replaced by a mix of dread and resignation that it may all be too little too late. (Note: I don't think it is, and I won't be giving into despair either, for reasons Charlie explains here.) I was only half listening when Donald Trump came into the spin room on CNN to...
  • The Trump University Scam

    02/27/2016 9:18:44 AM PST · by GodGunsGuts · 177 replies
    Patterico's Pontifications ^ | February 26, 2016
    "If you’re supporting this man after hearing this, I don’t know what to say"...
  • Dr. Ben Carson: After I Spoke Out Against Obamacare– I Was Audited by Obama IRS

    02/26/2016 3:24:28 PM PST · by protest1 · 14 replies
    The Gateway Pundit ^ | Feb 25th, 2016 9:32 pm | Jim Hoft
    Dr. Carson: I never had an audit until I spoke at the National Prayer Breakfast. And then all of the sudden they came in and said, "We just want to look at your real estate dealings." And then they didn't find anything. And then they took a look at the whole year. And they didn't find anything. And then they looked at the next year and they didn't find anything. And they won't find anything... The fact is the IRS is not honest and we have to get rid of them.
  • IRS to Trump: 'Nothing prevents you from sharing your tax documents'

    02/26/2016 2:22:17 PM PST · by Cincinatus' Wife · 274 replies
    The Washington Examiner ^ | February 26, 2016 | Gabby Morrongiello
    Donald Trump claims he can't release his tax returns until he's done being audited by the IRS. But the federal agency on Friday said that's not true. "Federal privacy rules prohibit the IRS from discussing individual tax matters. Nothing prevents individuals from sharing their own tax information," a spokesperson for the IRS said in a statement. The Republican presidential front-runner's refusal to release his tax documents came up repeatedly during Thursday's GOP debate, hours after former Republican nominee Mitt Romney suggested that Trump's reluctance stems from the possibility there might be a "bombshell" in his taxes. "I want to [release...
  • Cyberattack total is more than twice previously disclosed: IRS

    02/26/2016 12:38:56 PM PST · by unixfox · 11 replies
    CNBC ^ | 02/26/2016 | Everett Rosenfeld
    Cyberattacks on taxpayer accounts affected more people than previously reported, the Internal Revenue Service said Friday. The IRS statement, originally reported by Dow Jones, revealed tax data for about 700,000 households might have been stolen: Specifically, a government review found potential access to about 390,000 more accounts than previously disclosed.
  • Trump's claim on tax audits baffles

    02/26/2016 10:16:51 AM PST · by GodGunsGuts · 125 replies
    Politico ^ | February 26, 2016 | NICK GASS
    There's no legal restriction preventing him from releasing his tax returns, even if he's being audited...
  • Trump: IRS audits me because I’m a “strong Christian” [Watch Video]

    02/26/2016 8:00:01 AM PST · by SeekAndFind · 61 replies
    Hotair ^ | 02/26/2016 | Ed Morrissey
    Or maybe because, to quote Ben Carson, they’re looking at the fruit salad of his life. Fresh off of getting chased around the arena by a couple of lions, Donald Trump tried to explain to CNN’s Chris Cuomo why the IRS audits him so routinely, the excuse he gave during the debate for not releasing his tax returns. Trump claimed to be the victim of religious persecution:CLICK ABOVE LINK FOR THE VIDEO “I’m always audited by the IRS, which I think is very unfair. Maybe because of religion, maybe because of something else, maybe because I am doing this,...
  • Dr. Ben Carson: After I Spoke Out Against Obamacare – I Was Audited by Obama IRS

    02/26/2016 7:21:21 AM PST · by detective · 30 replies
    Gateway Pundit ^ | Feb 25th, 2016 | Jim Hoft
    Dr. Carason: I never had an audit until I spoke at the National Prayer Breakfast. And then all of the sudden they came in and said, "We just want to look at your real estate dealings." And then they didn't find anything. And then they took a look at the whole year. And they didn't find anything. And then they looked at the next year and they didn't find anything. And they won't find anything. The fact is the IRS is not honest and we have to get rid of them.
  • The Unacceptable Tax Return

    02/21/2016 12:29:57 PM PST · by Tolerance Sucks Rocks · 22 replies
    Email from my Aunt | 02/21/16 | Unknown
    This example shows the importance of accuracy in your tax return. The IRS has returned the Tax Return to a man in New York City after he apparently answered one of the questions incorrectly. In response to the question, ... "Do you have anyone dependent on you?" the man wrote: ... "7.1 million illegal immigrants, 1.1 million crack-heads, 4.4 million unemployable scroungers, 80,000 criminals in over 85 prisons, plus 450 idiots in Congress and a group that call themselves Politicians." The IRS stated that the response he gave was unacceptable. The man's response back to the IRS was.... "Who did...
  • The IRS seized this North Carolina man’s life savings. Now he’s getting it back

    02/20/2016 11:45:44 AM PST · by kevcol · 59 replies
    FOX8 ^ | February 20, 2016 | CNN Wire
    In June 2014, the IRS seized $153,907.99 from Ken Quran's bank account - his life savings - even though he did nothing wrong. . . the IRS may seize a person's bank assets if it discovers a pattern of frequent transactions under $10,000. Banks are required to report cash transactions over $10,000 and it's a crime if one tries to avoid that reporting by purposefully keeping all transactions below that amount. The laws are intended to suss out drug trafficking, money laundering and organized crime or terrorist activity. But the IRS doesn't need any evidence of wrongdoing before seizing the...
  • I just received a phone message: The IRS has issued an arrest warrant for me.

    02/18/2016 3:32:23 PM PST · by Signalman · 87 replies
    self | 2/18/2016 | self
    This is a well-known scam. Should I call them back and have some fun?
  • Tax Refunds Aren't for Spending This Year (Paying down Debt)

    02/18/2016 5:54:17 PM PST · by Red in Blue PA · 7 replies
    Americans will get back some $330 billion in tax refunds this year, and more than half of that is earmarked for savings accounts or paying down debt. That's the highest percentage since 2007. Related Stories 1. Millennials Fear Filing Taxes More than Most Americans, NerdWallet Survey Finds nerdwallet 2. Average Tax Refunds Are the Biggest and Smallest in These States Motley Fool 3. Plan On Squandering Your Tax Refund? Think Again TheStreet.com 4. Is Your Blood Royal? Your Last Name May Tell You. Ancestry Sponsored î‚€ Some 66 percent of individual taxpayers will get a refund check in 2016. According...
  • IRS Urges Public to Stay Alert for Scam Phone Calls

    02/18/2016 10:02:20 AM PST · by RightGeek · 44 replies
    IRS ^ | 10/21/2015 | IRS
    IRS Urges Public to Stay Alert for Scam Phone Calls IRS Special Edition Tax Tip 2015-18, October 21, 2015 The IRS continues to warn consumers to guard against scam phone calls from thieves intent on stealing their money or their identity. Criminals pose as the IRS to trick victims out of their money or personal information. Here are several tips to help you avoid being a victim of these scams: Scammers make unsolicited calls.  Thieves call taxpayers claiming to be IRS officials. They demand that the victim pay a bogus tax bill. They con the victim into sending cash, usually...
  • FBI, IRS raid Canton law office of state Senator Brian Joyce

    02/18/2016 10:00:40 AM PST · by Impala64ssa · 13 replies
    Boston Globe ^ | 2/18/16 | Milton J. Valencia, Astead Herndon and Andrea Estes
    Federal investigators Wednesday raided the Canton law office of state Senator Brian A. Joyce, a former assistant majority leader who has been under fire for alleged ethical lapses, including accepting free or discounted services and charging his campaign fund for a family party. In early afternoon, more than a dozen FBI agents entered the law office building in downtown Canton as passersby stopped to watch. The agents removed dozens of boxes that appeared to contain records during a raid that lasted for several hours. "The FBI and the IRS are conducting court-authorized activity in connection with an ongoing investigation," said...
  • Tempers flare at IRS hearing

    02/12/2016 4:25:58 AM PST · by HomerBohn · 18 replies
    The Hill ^ | 2/11/2016 | Naomi Jagoda
    A heated argument erupted Thursday at a hearing on the IRS, with Democrats and Republicans trading charges about the work of the Oversight Committee. Two Democrats on the panel accused their GOP colleagues of repeatedly holding hearings on the IRS for political reasons. In his opening statement, Oversight Committee ranking member Rep. Elijah Cummings (D-Md.) complained that the hearing was the 23rd held about the IRS in recent years. "Unfortunately, Republicans have become obsessed with investigating any and every allegation relating to the IRS, no matter how small," he said. He said Republicans are frustrated that they have never found...