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Tax News

News on Tax continually updated from thousands of sources around the net.

3 hrs ago | Forbes.com

Tax, Public Corruption Charges Net 'Our Man Downtown' In Dallas Scandal

On Friday, federal agents arrested Dallas County Commissioner John Wiley Price on 11 federal charges including filing fraudulent federal tax returns.

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7 hrs ago | MyHighPlains.com

Pentagon Security Clearance Holders Owe $730M in Taxes

About 83,000 Defense Department employees and contractors with security clearances to protect the nation's secrets have delinquent federal tax debts totaling $730 million, according to an internal government audit.

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11 hrs ago | McClatchy

Deeper look into IRS doings doesn't look pretty

If you do, here are a few facts which paint a picture of the agency you will be dealing with.

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16 hrs ago | Rediff.com

Filing tax returns? Avoid these errors

If you make a mistake in choosing the right form, the entire exercise of filling returns will need to be redone.

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Sun Jul 27, 2014

Dallas Morning News

Tax season may be over, but scammers never take a holiday

Just because it isn't income tax filing season doesn't mean that scammers posing as IRS agents take time off.

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Related Topix: Dallas, TX, Opinion

Medical Daily

Taxpayers Without Health Care This Year Face Fines Up To $12K, But Many Will Be Able To Avoid Them

The IRS says that those who haven't signed up for insurance by the end of this year may face steep penalties.

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Related Topix: Health Insurance, Health, Healthcare Law, Law

Free Republic

Megyn Kelly Chronicles IRS Lies and Flip-Flops the Press Refuses to Cover, Let Alone Feature

On Thursday, with PJ Media's J. Christian Adams as her guest, Fox News's Megyn Kelly recited a list of assertions made by Internal Revenue Service officials which have later been shown to be lies or cause for agency flip-flops after "new" facts have been revealed.

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News Observer

Quinn, Rauner budget plans leave questions

In this July 21, 2014 photo, Illinois Republican candidate for governor Bruce Rauner speaks during a news conference in Chicago.

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Related Topix: Pat Quinn, US Governors, US News

Observer & Eccentric

Peltonen: It's time to enact a progressive income tax in Michigan

Cyndi Peltonen, 60, was elected to the Clawson Board of Education five times, serving for over 20 years.

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Related Topix: Michigan, Bloomfield Hills, MI, Troy, MI, Huntington Woods, MI

The Macon Telegraph

New law allows unpaid court fines to come out of tax refunds

Come 2015, Georgians who owe fines to any state or local court system may find a chunk taken out of their Georgia income tax returns.

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Related Topix: Georgia, Nathan Deal, US Politics, US News, Republican, US House of Representatives, Georgia Government, Bibb County, GA

Sat Jul 26, 2014

Santa Cruz Sentinel

Dublin man battles tax officials over granddaughter's six-dollar refund

Apparently never before in California history has someone battled the state Franchise Tax Board to make sure his young grandchild didn't hold on to her first-ever tax refund.

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Related Topix: Dublin, CA

Proctor Journal

Tax return check has arrived, so buy the shoes

Your tax return check has arrived in the mail. Now you'll finally pay off that credit card or add the extra cash to your savings for a rainy day.

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Related Topix: Marketing

Free Republic

The IRS: A Public Monument to Sandra Fluke's Privates

At 74,000 pages, the IRS code is a mind-boggling ode to lobbying, pork-barrel spending and graft.

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Related Topix: Non-Profit

Bellingham Herald

Wolf: Wealthy should pay more to cut school taxes

In an interview with a panel of Associated Press reporters and editors Friday afternoon, Wolf sought to cast the exchange - several billion dollars a year - as a redistribution of burdens within Pennsylvania's nearly $30 billion state public school system.

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Related Topix: US Governors, Tom Corbett, Ed Rendell

Ledger-Enquirer.com

Q&A on New Jersey's public employee pensions

Even ahead of his announcement, the political debate has ramped up. Christie's summertime town-hall style meetings are called "No Pain, No Gain" and are addressing pensions.

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Related Topix: Pension, Personal Finance, Chris Christie, US Governors, Economics News, Bankruptcy, Retirement

The Wall Street Journal

Obamacare Challenges: Where the Conventional Wisdom Falls Short

Since the U.S. Court of Appeals for the D.C. Circuit struck down an Internal Revenue Service regulation implementing Obamacare , some observers have predicted that the IRS rule would ultimately be upheld.

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Related Topix: Healthcare Law, Law, District of Columbia Circuit Court of Appeals, US News, Stephen Breyer, US Politics, Barack Obama

Fri Jul 25, 2014

Mental Help Net

IRS Caps Fines on Uninsured Americans at $12K for Family of 5

U.S. taxpayers who go without health insurance this year will face fines of up to $2,448 per individual or $12,240 for a family of five, the Internal Revenue Service says.

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Related Topix: Health Insurance, Health

News Observer

NC budget hole grows based on new tax cut analysis

A memo from the legislature's Fiscal Research Division says the wages of North Carolina's workers haven't grown as fast as originally forecast, resulting in the projected cost of the 2013 tax cuts rising from $475 million to $680 million.

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KFVS12

Ex-IRS employee pleads guilty in fraud conspiracy

A former employee of the Internal Revenue Service in Kansas City pleaded guilty to stealing taxpayers' identity information to receive fraudulent tax refunds.

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Tri-cityherald.com

House votes to limit tax credit for immigrants

However, millions of low-income families would lose the $1,000-a-child credit in 2018, when enhancements championed by President Barack Obama are set to expire.

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Related Topix: Immigration Reform, US Politics, US News, Barack Obama, Social Security, Personal Finance, Dave Camp, Republican, US House of Representatives

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