Not as much as critics of the Affordable Care Act think, Gleckman says. Allegations of widespread tax fraud by low-income Americans are exaggerated.
Critics of Obamacare say the IRS will not be able to stop people from being dishonest when they file their income tax returns. Gleckman argues otherwise.
Simply bashing the IRS for its faults won’t help fix a troubled and often badly-managed agency, Gleckman argues.
Entrepreneurs should set their minimum salary based on a number of factors, including what the company's revenue is like during both the ups and the downs and what their lifestyle demands.
For about 75,000 married same-sex couples, the Supreme Court's decision to strike down the Defense of Marriage Act could mean the IRS will hand out nearly $200 million in refunds, Burman says.
The Internal Revenue Service may need to be restructured after the agency was found improperly targeting conservative groups seeking nonprofit status, say Rep. David Camp (R) and Sen. Max Baucus (D), chairmen of congressional tax-writing committees.
Forcing foundations to pay excise taxes punishes organizations that see spikes in donations — making it difficult for foundations to pay out more money when society's needs are most pressing. Steuerle proposes reforming taxes to allow foundations to optimize their work.