Topic: Internal Revenue Service
Top galleries, list articles, quizzes
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Playing the IRS card: Six presidents who used the IRS to bash political foes
Since the advent of the federal income tax about a century ago, several presidents – or their zealous underlings – have directed the IRS to use its formidable police powers to harass or punish enemies, political rivals, and administration critics. Here are six infamous episodes.
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Briefing
IRS 101: Seven questions about the tea party scandal
How the tables have turned: The Internal Revenue Service is the one under the microscope now, as revelations emerged Friday that the agency wrongly targeted conservative groups seeking nonprofit status. Here’s an accounting of what has happened, along with the ramifications.
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5 myths about amnesty for illegal immigrants in Senate bill
Under a bipartisan Senate immigration bill, immigrants who have come to the United States illegally are given a "path to citizenship." On close inspection, each of the following five claims about the requirements for illegal immigrants to earn amnesty are not what they seem.
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Income taxes: Five changes for 2012
Here are new income tax provisions to watch for as you work through your 1040 form:
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Ten tax moves to protect yourself from the fiscal cliff
Americans are facing an unprecedented tax increase of nearly $500 billion on Jan. 1, 2013, from the so-called "fiscal cliff." Are you ready? Here are 10 year-end tax strategies I recommend:
All Content
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What does it mean to be 'middle class?'
President Obama and Mitt Romney have different definitions on what it means to be middle class. What does the term really mean?
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Change Agent Women bring a new approach to philanthropy
Female-headed households are more likely to give to charity than male-headed households, and women are creating their own styles of giving.
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Cover Story Polling: a look inside the machinery of public opinion surveys
Polling: Behind the scenes at Gallup, interviewers and editors try to find out how Americans will vote on election day. With the media's dependence on public opinion statistics, news consumers must educate themselves about which surveys provide valuable data and why.
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Will your Internet be cut off by DNS Changer Monday? How to find out.
Computers still infected by the DNS Changer malware using an Eastern European advertising scam won't be able to access the Internet Monday, when the FBI is expected to shut down the servers that ran the operation. But there's a fix.
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Tax VOX Will enough people buy into Obamacare?
The Affordable Care Act’s tax on those who do not have health insurance will be modest and difficult to collect. But will it be enough to get people to buy coverage? If not, healthy people may opt out until they get sick, driving up premiums for those who do buy in.
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Tax VOX Obamacare's 'tax' is mostly bark, not bite
The Affordable Care Act’s tax was the essential final piece of the Supreme Court’s decision to uphold the law’s constitutionality. But in reality, the tax itself is modest, at least to start. It will affect relatively few people be hard to enforce.
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The Reformed Broker July 4th: Celebrate Independence Day with some tax facts
July 4th is upon us, complete with fireworks and celebratory picnics in honor of America's independence. Also in honor of American independence, the Reformed Broker has forwarded along some lovely tax facts. Enjoy!
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Is it a tax or a penalty? Obama and Romney struggle to define aspect of healthcare law.
Obama's health care law is closely modeled on the universal-coverage plan Romney achieved as Massachusetts governor. That plan contains a penalty for noncompliance similar to the one in the federal law upheld by the court last week.
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Peter Madoff, Bernie's brother, pleads guilty to fraud
Peter Madoff blamed his brother Bernard Madoff while pleading guilty to conspiracy and falsifying records. Peter Madoff agreed to serve 10 years in prison for his part in the largest known Ponzi scheme in history.
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How Obama, Romney are spinning court's health-care ruling
Republicans and Democrats are putting their political spin on the US Supreme Court's historic and startling decision on the Affordable Care Act. As they head toward the presidential election, both Barack Obama and Mitt Romney have major challenges in interpreting the law.
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Tax VOX Verdict’s in: SCOTUS upholds passel of health care tax provisions
The Supreme Court has ruled that Congress can require people to either have health insurance or pay a tax if they don’t. The political fate of the Affordable Care Act remains to be seen, of course, but at least we know it is constitutional.
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The Simple Dollar Retirement: What's the best investment option?
Retirement saving can seem daunting, especially with the wealth of options out there. Which is best for you? Retirement is question 10 in this week's mailbag.
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Robert Reich Just like us: Why Republicans worry about corporate feelings
In the upside-down world of regressive Republicanism, Senator Mitch McConnell thinks proposed legislation requiring companies to disclose their campaign spending would stifle their free speech, a concept Robert Reich finds "bonkers."
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Latin America Monitor The Zetas: Coming to a racetrack near you
Mexican drug trafficking organizations are already operating in an estimated 1,000 US cities, but according to a recent investigation by The New York Times, they are on the racetracks too.
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Zimmerman's wife charged: What does it mean for his defense?
George Zimmerman's wife was charged with perjury Tuesday for lying to a judge. Now Zimmerman's defense team in the Trayvon Martin murder case will have to put her arrest into perspective.
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Trayvon Martin case: George Zimmerman's wife accused of perjury (+video)
Shellie Zimmerman was charged with the crime for lying to a judge about how much money the couple had to post George Zimmerman's bond.
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The Simple Dollar 401(k) plan: Is it ever a good idea to make an early withdrawal?
401(k) plan has $38,000 and reader has $11,000 in credit card debt. But early withdrawal from 401(k) plan comes with hefty penalties. See question No. 1 in the reader mailbag.
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If elected, Romney millions will go in blind trust
The candidate's estimated 250 million dollars will be administered by federal officials on his behalf if he becomes President.
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Robert Reich In the age of super PACS, campaign dollars are becoming harder to trace
Big corporations and Wall Street are also secretly funneling big bucks into front groups like the US Chamber of Commerce that will use the money to air anti-Obama ads, while keeping secret the identities of these firms.
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4 ways Congress can help American businesses
The US unemployment hovers around 8.2 percent and the Dow Jones Industrial Average is struggling to remain above 12,000. The message is clear: This recovery from the Great Recession is still fragile. Legislators should focus their attention on these four straightforward policy changes to help American commerce.
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Consumer Energy Report Oil subsidies: Surprise! Liberals are fans, too.
When asked if the federal government should eliminate subsidies for oil companies, most would respond with a resounding 'yes.' But such a policy would have unwelcome unintended consequences, and not just for billionaire oil tycoons.
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'Expatriotism': the last refuge of a scoundrel?
Two senators going after Facebook cofounder Eduardo Saverin for taxes seem to need a little help with their spelling.
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Major gay marriage cases in federal court and where they stand
Battles over same-sex marriage have been raging in the federal courts for several years. Two could reach the US Supreme Court within a year: one challenging California's ban on gay marriage under Proposition 8, and the other seeking to invalidate the federal Defense of Marriage Act (DOMA). Here are the cases to follow.
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Federal Reserve official: If Congress dawdles, economy will fall 3 percent
Congress must sort out a raft of fiscal issues before Jan. 1, or it will cost the US economy dearly, said New York Federal Reserve President William Dudley.
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Decoder Wire Facebook IPO: Is co-founder Saverin cheating US out of $100 million in taxes?
By renouncing his US citizenship, Facebook co-founder Eduardo Saverin could save some $100 million in taxes from Friday's Facebook IPO. Senators call it 'tax avoidance,' and aim to block it.
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