Taxes From A To Z (2015): K Is For Koskinen

It’s my annual “Taxes from A to Z” series! Next up: K Is For Koskinen On December 23, 2013, John Koskinen was sworn in as the 48th Commissioner of Internal Revenue Service (IRS). As Commissioner, he’s in charge of our nation’s tax system. It’s a big job and one that hasn’t gone terribly smoothly over … Read more

Opting Out Of The Obamacare Tax: What Happens If You Don’t Pay?

Last month, the Obama administration announced that between three and six million households – about 2 to 4 % of taxpayers – would be faced with a penalty (or is it a tax?) at tax time for failing to secure “minimum essential coverage” to comply with the Affordable Care Act (ACA), sometimes referred to as … Read more

IRS Commissioner On The Agency’s Biggest Challenge: It’s A Serious Problem

As Republicans and Democrats fight it out on the Hill over tax extenders, Internal Revenue Service (IRS) Commissioner John Koskinen doesn’t care to take sides. It doesn’t matter, he told me, how Congress resolves the issue, so long as they resolve it. The IRS is, he says, “agnostic” about the specifics, reminding taxpayers that, “Our … Read more

Miserable, Awful & Delayed: Commissioner, Tax Advocate Talk 2015 Tax Season

Worried about the upcoming tax season? So are IRS Commissioner John Koskinen and National Taxpayer Advocate Nina Olson. I sat down with both of them to talk about challenges for the upcoming season, including coping with budget cuts, increased compliance concerns due to ACA, FATCA and the extenders and a delay to the tax season.

House Committee Votes To Hold Lerner In Contempt, Others Push For Criminal Prosecution

It was a flurry of activity on the Hill this week as one committee voted to pursue charges against disgraced former IRS official Lois Lerner as another committee asked Attorney General Eric Holder to consider criminal charges. Where do things stand now?

Why Justice Matters: The Indictment & Trial Of Dr. Martin Luther King Jr. On Tax Charges

We all know about the civil rights struggle of Dr. Martin Luther King, Jr. But what do you know about his personal struggle? Dr. King was a target for government officials, including taxing authorities. Dr. King was criminally charged with tax fraud. What happened might just remind you why justice matters…

Berlusconi Sentenced For Tax Fraud, On Trial For Sex Crimes

Che scandalo! It feels like something out of a Hollywood movie: a once powerful world leader in court on a series of charges including tax fraud, sex crimes and a police cover-up, a Moroccan dancer as the victim and the hunky actor, George Clooney as a potential witness (honestly, how many times do you see … Read more

More On Romney’s Tax Returns

Here’s the thing about taxes: every bit of our current tax policy offers some insight into our collective approach to social behavior. Specifically, a lot of tax focuses on what we value – and why. It’s why I find tax policy so fascinating and why the tax geeks among us continue to hone in on … Read more