Blog Profile / Taxgirl
| URL : | http://www.taxgirl.com/ | |
|---|---|---|
| Filed Under: | Business & Finance / Taxes | |
| Posts on Regator: | 990 | |
| Posts / Week: | 5.8 | |
| Archived Since: | February 15, 2010 | |
Blog Post Archive
Don’t Forget: IRS To Shut Down Tomorrow
Don’t get too excited. It’s not closed forever. The Internal Revenue Service had previously announced five planned daylong furloughs beginning on May 24, 2013. The other scheduled furlough days are June 14, July 5, July 22 and August 30, 2013. The closures are related to gaps in the budget, including those due to sequestration. What [...]
We Know She Can Count To Five: IRS Official Who Claimed She Was Not Good At Math Pleads The Fifth
As Congress continues its investigation into allegations that the Internal Revenue Service improperly targeted certain applications for tax-exempt status based on keywords and politically charged language, a number of IRS and Treasury officials made their way to the Hill today to testify in front of the House Committee on Oversight and Government Reform. The Committee, [...]
IRS Announces Tax Relief For Oklahoma Tornado Victims
It was described as “a lawn-mower blade spanning two miles” – and it left a trail of devastation in its wake. The tornado that ripped through Moore and Oklahoma City on yesterday may have only stayed on the ground forty minutes but it will be remembered for years to come. As those in Oklahoma began [...]
IRS Hearing Marks End Of Their Worst.Week.Ever But Congress Signals More Hearings Are On The Way
On Friday, the IRS wrapped up what might have been its worst.week.ever with a hearing in front of the House Ways and Means Committee. The hearing focused on allegations that the IRS improperly targeted certain applications for tax-exempt status based on keywords and politically charged language. When the announcement was made about the hearing, Committee [...]
Congress Holding Hearings On IRS Tax Exempt Scandal Today
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....Show More Summary
President Obama To Name Daniel Werfel As Acting IRS Commissioner
One day after President Obama accepted the resignation of Acting Internal Revenue Service Commissioner Steven T. Miller, a replacement is already being talked up. President Obama is expected to name 42 year old Daniel Werfel to the position. Werfel was named as Controller of Office of Federal Financial Management of the Office of Management and [...]
Walmart Blames Sluggish Sales On Taxes, Enjoys Lower Effective Tax Rate
, Inc., (Walmart) had mostly good news for yesterday when it reported earnings of $3.78 billion, or $1.14 per share, in the first quarter. Those earnings were consistent with Walmart’s expectations of $1.11 to $1.16 per share and just short of analysts’ average forecast of $1.15 per share. Those earnings were likely a welcome sign [...]
Acting IRS Commissioner Miller Out In Midst Of IRS Tax Exempt Scandal
And he’s outta here! Earlier today, Acting Internal Revenue Service Commissioner Steven T. Miller offered his resignation to President Obama. The resignation was issued amid a scandal that has plagued the IRS in recent days – and put the Obama administration in clear scramble mode. There have been calls for criminal charges (though for what [...]
IRS Issues Statement On Tax Exempt Scandal
The headlines were filled this morning with accusations, defenses and more about the scandal involving the Internal Revenue Service’s increased, targeted scrutiny of the applications of specific tax exempt organizations. Details about what actually happened – and who knew what and when – are still murky. An investigation into the timeline and the players in [...]
Attorney General Holder Orders FBI Inquiry Into IRS Scrutiny Of Tax Exempt Applications
Just days after the news surfaced that the Internal Revenue Service improperly targeted certain applications for tax-exempt status based on keywords and politically charged language, Attorney General Eric Holder has announced that he has ordered an FBI investigation into the matter. Show More Summary
Congress and The President Want You To Get Mad At IRS Over Tax Exempt Targets (Just Not At Them)
“IRS Issues Apology for Targeting Tea Party Group” I’ll admit that headline caught my attention – but probably not for the reasons you think. The targeting bit didn’t give me pause at all – but the apology did. The Internal Revenue Service rarely apologizes. On the other hand, the IRS has always given a second [...]
IRS Set To Close Next Week
A number of taxpayers will be taking next Friday off by choice. It is, after all, the day before the Memorial Day weekend begins – the perfect time to grab an extra day. But what if you were forced to take the day off as an unpaid furlough day? That is the plan for the [...]
Bringing Up Baby: Moms, Kids and Taxes
There is a lot of noise that goes on in ICU. The people are oddly silent. But the ambient noises ricochet from bay to bay. The beeping, the alarms, the dripping. I remember those sounds as if it were yesterday. I remember looking across the hospital bed and seeing my brothers, one a tatted up [...]
US Reps To House: BEER Me
You can’t be a real country unless you have a beer and an airline. It helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer. – Frank Zappa There was a time when, if following Zappa’s criteria, the U.S. might not have [...]
Berlusconi May Face Bribery Charges As Tax Conviction Upheld, Sex Scandal Case Wraps Up
Former Italian Prime Minister Silvio Berlusconi’s efforts to claw out of a series of legal quagmires suffered a serious setback this week when a Milan appeals court upheld his conviction on tax fraud charges. Berlusconi was convicted last year for his role in a tax fraud scheme involving a series of offshore companies. The companies [...]
Sanctions May Be Least Of ‘Copyright Troll’ Worries As Matter Is Referred To Feds, IRS
I was one of those kids who always did the right thing. I followed the rules. I did what I was told (ok, mostly). I was just that kid. I was also one of those kids who whined incessantly because I felt like being good wasn’t its own reward. I watched as the kids who [...]
Lauryn Hill Draws Prison Sentence For Tax Evasion
In the end, simply paying the tax wasn’t enough. Despite assurances to the court today that her outstanding tax liabilities had been paid in their entirety, Lauryn Hill was slapped with a three month stint in prison for failing to file and pay taxes on time. The sentence was handed down by U.S. District Court [...]
There’s A Lot Wrong With the Internet Sales Tax Proposal, So Why Aren’t More People Talking About It?
I'm never accused of being quiet. But this time, I have been quiet and I guess a bit of an explanation is in order.
Scientist Pitches Proposal to Curb Bird Deaths: A Tax On Cats
Birds in Germany are dying by the millions and Peter Berthold of the Max Planck Institute for Ornithology in Radolfzell, Germany, says that cats are to blame. By his calculation, cats kill approximately 50 million birds each year in Germany alone. The solution, he says, to this travesty, is a cat tax. No, this isn’t [...]
Taxpayers File Suit Over IRS Rule on Health Care Act Tax Credits
Just one day after the Internal Revenue Service additional Proposed Regulations to clarify governance issues related to the Care Act, a group of taxpayers filed a lawsuit in federal court, hoping to put the brakes on the IRS’ right to enforce the Act. The case, Halbig et al v. Sebelius et al, was filed Thursday [...]