Tax News

Syndicated columnist Charles Krauthammer on Friday said the Internal Revenue Service's targeting of conservative organizations could be 'fatal' for the Obama administration if it turns out that anyone in the White House was aware of it.

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A top White House adviser insisted Sunday that President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when it came out in the news" while Republicans continued to press the administration for more answers.

With the White House slashing its way through the recent brush of controversy, the president is putting out the message that he's focused on the economy as the administration enters another week of hearings on Capitol Hill.

A senior White House adviser insists President Barack Obama learned the Internal Revenue Service had been targeting tea party groups "when it came out in the news." A senior White House adviser insists President Barack Obama learned the Internal Revenue Service had been targeting tea party groups "when it came out in the news." The night of smoke, ... (more)

During hearings before the House Ways and Means Committee on Friday, Rep. Aaron Schock, R-Ill., asked outgoing IRS commissioner Steven Miller if it was appropriate for the IRS to demand the content of a pro-life group's prayers , the Washington Examiner reported.

Justin Binik-Thomas wanted to know why a question about him was among 35 the Liberty Township Tea Party was instructed by the Internal Revenue Service to answer as part of the organization's application for tax-exempt status last year.

Jay Devereaux hadn't paid much attention to the daily drumbeat of partisan politics in D.C. He wasn't a Washington nerd, and didn't know who said what during congressional hearings -- nor did he care.

A Colorado conservative group believed to be targeted by the Internal Revenue Service is operating without any tax-exempt status and spent more than $1 million last year against Democrats, public records show.

The nation's tax agency has admitted to inappropriately scrutinizing smaller tea party organizations that applied for tax-exempt status, and senior Treasury Department officials were notified in the midst of the 2012 presidential election season that an internal investigation was underway.

Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in Congress and lack of evidence to date of wrongdoing close to the Oval Office.

Ousted IRS chief Steve Miller and J. Russell George, a Treasury inspector general, take the oath before testifying on Friday, May 17, 2013 before the House Ways and Means Committee.

Seeking maximum political gain from the string of controversies swirling around the White House, Republicans are on the attack against Democratic lawmakers who accepted donations from the union that represents Internal Revenue Service employees.

A Texas tea party group said the Internal Revenue Service asked about its involvement in verifying signatures provided in the effort to recall Republican Gov.

Nearly 500 groups applying for tax-exempt status have spoken out against the Internal Revenue Service for abusing its power, intimidating groups that were aiming to educate citizens on the Constitution, the Bill of Rights, and their civic duty to hold government accountable.

The ousted head of the Internal Revenue Service apologized to Congress on Friday for his agency's tougher treatment of tea party and other conservative groups seeking tax-exempt status.

Dozens of tea party groups and other conservative organizations of the kind subjected to improper scrutiny by the Internal Revenue Service operated with small budgets and rarely displayed overt partisan activities, according to an Associated Press review of public tax filings by 93 such activist groups.

Friday's hearing before the House Ways and Means Committee caps a week of damaging revelations for the Internal Revenue Service and, ultimately, for President Obama.

In 2010, while peeling back the layers of Hialeah's "shadow banking'' industry, federal prosecutors pressed the city's mayor about allegations that he had collected exorbitant cash interest payments on more than $1 million in loans he made to friends and acquaintances.

House Republicans offered their own North Carolina tax overhaul plan Thursday that would reduce personal and corporate income tax rates and expand the sales tax to cover more services.