The House Ways and Means Committee is holding a Congressional hearing today on the matter of Internal Revenue Service improperly targeting certain applications for tax-exempt status based on keywords and politically charged language.
You can watch the hearings at C-SPAN over the web here: http://www.c-span.org/Events/C-SPAN-Event/10737439699/
I’ll have a round-up of the day’s events at the close.
First it was Geithner and his self-employment tax issues. Now, a new Obama pick for the Cabinet has tongues in the Senate Finance Committee wagging over tax matters: Senator Tom Daschle (D-SD). The Senate Finance committee plans to review a number of items when they meet on Monday. The issues that concern the committee are…
I had prepped myself for the idea that taxpayers were going to be confused by the new health care reporting requirements ever since last year when the rumormongering about taxing health care benefits in 2011 started. I wasn’t expecting taxpayers to be in a dither quite so far ahead of tax season. Judging from the…
After nearly 20 years of temporary fixes, Congress voted to make permanent a ban on internet tax access.
Rep. Tom Price (R-GA) has introduced H.R. 2009, referred to as the Keep the IRS Off Your Health Care Act of 2013 to prohibit the Secretary of the Treasury from enforcing the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. The bill would bar IRS from enforcing the health care act as a result of the most recent tax exempt organization scandal.
Here’s why people really hate Congress: these days, it’s all shenanigans. It’s not “what can I do for you?” so much as “what can I do for my friends?” It’s all backroom deals and sneaky tricks. And now we have another one to add to the mix. Rumor has it – and House Speaker John…
One hundred years ago, six United States Post Office Inspectors were transferred to the Bureau of Internal Revenue (now Internal Revenue Service) to become the first special agents in charge of a new crime-fighting unit. This month, a host of tax professionals, including IRS Commissioner Charles Rettig, IRS-CI Chief Don Fort, and former Deputy Attorney General…