Topic: Internal Revenue Service
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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
The Internal Revenue Service is under the microscope now, as revelations have emerged 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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Death tax showdown at the OK Corral
Ranchers want to die before year end to avoid the estate tax, claims Rep. Lummis. Whether or not the story is true, the underpinnings are myths: the family ranch and a looming 'death tax.'
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Hey, big business, push back against the tea party!
It's easy to understand the anti-Fed attitudes and nativism of tea party supporters: economic fears drive people to scapegoat institutions and outsiders. But why aren't business leaders responding?
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Google: the artful tax dodger?
Congress is debating trimming the corporate tax rate from 35 percent to 25 percent. But unless it closes tax-dodging loopholes and widens the corporate tax base, it hardly matters.
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Government workers: 'We need love too.'
Just before Saturday's Rally to Restore Sanity in Washington, government workers will hold their own rally to put a human face on 'faceless bureaucrats.' It's called 'Government Doesn't Suck.'
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IRS targets small businesses
How can entrepreneurs hope to be in compliance with a 100,000-page tax code? The IRS is stacking the deck against small businesses barely keeping afloat in the recession.
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Secret campaign contributions: Are they breaking the law – or just bending it?
New 'Super PACs,' classified as 501 (c)(4) organizations, get the benefits of tax exemption and other non-profit perks while serving as political vehicles.
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The biggest tax policy mistake of the year
While politicians debate 2011 tax policy, Congress's inconvenient truth is that they still haven't passed the tax code for 2010.
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America's brewing political storm
America is poised for a political 'perfect storm': An unprecedented concentration of income and wealth at the top, a record amount of secret money flooding our democracy, and a public in the aftershock of the great recession becoming increasingly angry and cynical about government.
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'I like it on…' Facebook updates. Is innuendo tarnishing a cause?
"I like it on" messages has brought renewed attention to National Breast Cancer Awareness Month. But the payoff looks empty.
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Karl Rove group spends big in Election 2010, but is it legal?
GOP strategist Karl Rove is sending big money to Republicans in close Election 2010 races. But two campaign watchdogs are asking the IRS to investigate his tax-exempt 'social welfare' group.
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The Monitor's View: Campaign financing machine cranks up for midterm elections
Special interest groups are spending five times as much on this year's midterm elections as compared to 2006. Many of their donors can't be traced. Congress must require disclosure.
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Can you spot the stealth tax hike?
If Congress misses another tax deadline, 27 million taxpayers face an unsuspected tax hike.
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Rising regulatory costs strangling small business?
In order to comply with federal regulations, the smallest businesses spent over $10,000 per employee in 2008.
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As political ads abound, a push to uncloak who is behind them
Political ads paid for by nondescript organizations such as Minnesota Forward have caused some to investigate who is donating to these nonprofits – and the IRS could be helping out.
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GOP's Pledge to America laced with 'tea party' slogans
Economically, the GOP's Pledge to America, released Thursday, is aimed at small businesses, repealing health-care reform, for example. But the document is also a clear pledge to 'tea party' supporters: You can trust us.
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How a campaign manager spent $250,000 he embezzled from Chris Shays
Michael Ian Sohn, the former campaign manager for former Rep. Christopher Shays, pleaded guity to buying a $13,000 engagement ring, theater tickets, a bed, and more with campaign cash.
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Jesse Jackson Jr.: Is he in serious trouble?
A Chicago businessman has alleged that Rep. Jesse Jackson Jr. was involved in an illegal scheme to win the appointment to Barack Obama's former Senate seat. Jackson has denied the charges.
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Christine O'Donnell: OK to use $20,000 in campaign funds to pay her rent?
Christine O'Donnell, the Republican party candidate for a senate seat in Delaware, used campaign money to pay half her rent, according to a Federal Elections Commission filing. Christine O'Donnell denies doing anything wrong.
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Latest challenge facing Christine O'Donnell: witchcraft TV clip
For Delaware 'tea party' Senate candidate Christine O'Donnell, witchcraft – and a 1999 talk show admission that she dabbled in it in the past – could prove a political liability.
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Small business bill won't actually help small businesses
A proposed bill will make more money available for loans to small businesses. But they don't need more debt, they need more customers - and the government can't provide those.
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'Stop loss' back pay for US troops goes unclaimed
US troops involuntarily kept in the military after 9/11 are eligible for special compensation. More than half of the $534 million in 'stop loss' funds has not been claimed – and the deadline looms.
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David Foster Wallace in the news
David Foster Wallace made posthumous headlines twice this week.
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Christine O'Donnell roiling Delaware's GOP establishment
Christine O'Donnell has surged ahead of nine-term Congressional incumbent Rep. Mike Castle in Delaware's Republican Senate primary, much to the distress of the party's leadership.
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Sarah Palin backs Delaware candidate, but 'tea party' group doesn't
FreedomWorks, a major tea-party organization, is declining to back Delaware Senate candidate Christine O’Donnell, who has been endorsed by Sarah Palin. Delaware's GOP primary is Tuesday.
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Tax credits for homebuyers: the downside of stimulus
Tax credits for homebuyers have IRS scrambling to correct mistakes and contain fraud, according to a new report.
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