Internal Revenue Service

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IRS&#39;s Lerner Placed on Leave
 IRS' Lerner Placed on Leave 

IRS' Lerner Placed on Leave

Move comes after her non-testimony on Capitol Hill

(Newser) - The IRS official at the center of the recent scandal has been placed on administrative leave, reports the National Review . Lois Lerner had been in charge of the agency's tax-exempt unit, which singled out conservative groups for added scrutiny. Her immediate boss already has been forced into early retirement...

IRS Honcho Defiant in 9-Minute House Appearance

Lois Lerner says she hasn't done anything wrong, then pleads the 5th

(Newser) - The IRS official at the center of the storm over the agency's targeting of conservative groups told Congress today that she had done nothing wrong in the episode, and then invoked her constitutional right to refuse to answer lawmakers' questions, as expected . In one of the most electric moments...

Holder: I Wasn&#39;t Part of AP Case
 Holder Orders IRS Investigation 

Holder Orders IRS Investigation

He also said he had no involvement in the AP phone records scandal

(Newser) - Eric Holder today said he has launched a criminal investigation into the IRS scandal , and he also disavowed involvement in the AP snooping scandal . On the latter, the attorney general said he'd recused himself from the related leak investigation. In a press conference at the Justice Department today, Holder...

IRS Also Leaked Info About Conservative Groups

Targeting scandal widens

(Newser) - More trouble for the IRS: The same office that singled out conservative groups applying for tax-exempt status also leaked confidential information about conservative groups last year, ProPublica reports. How does ProPublica know? Well, because the nine pending applications were leaked to ProPublica in the first place. The investigative site had...

Obama Slams 'Outrageous' IRS Targeting

Alleged behavior is unacceptable, he says

(Newser) - President Obama officially responded to the widening IRS targeting scandal today, promising to hold the organization responsible if it engaged in any unacceptable behavior and saying he first learned of the accusations through reports in the media. "If in fact IRS personnel engaged in the kind of practices that...

IRS Also Targeted Anti-Govt. Groups, Scads of Others

Groups concerned with Constitution, taxes, spending, etc.

(Newser) - The IRS scandal goes beyond the Tea Party: Documents show that over the past two years while evaluating applications for tax-exempt status, officials also zeroed in on groups that criticized the government or educated Americans about the Constitution or the Bill of Rights; as well as groups that were interested...

Top Cities Where IRS Expects Tax Cheats

Small-business owners among top targets: study

(Newser) - A study is shedding new light on just who should most fear a federal tax audit. Small-business owners—who often deal in cash—are eyed more warily than others, says the report by the National Taxpayer Advocate, an independent office within the IRS. And location matters. According to secret data...

Despite Fed Protests, Court OKs Solyndra Bankruptcy

Government may appeal decision

(Newser) - Failed solar company Solyndra got court approval for its bankruptcy plan today—despite objections from the US government. The government had accused the plan of providing $341 million in improper tax breaks for investors , but a judge said the government didn't prove that the main goal of Solyndra's...

Sorry, Olympic Medalists Don't Deserve Tax Break

Last thing our tax code needs is yet another loophole: Conor Friedersdorf

(Newser) - Marco Rubio claims he wants to simplify the tax code—so why in the world is he calling for Olympians not to be taxed on their winnings? Such a plan "is a perfect example of why the tax code is a complicated and burdensome mess," writes Conor Friedersdorf...

Identity Theft Probe Halted $1.4B in False IRS Refunds

105 busted in sweep

(Newser) - The Internal Revenue Service is cracking down on fraudsters as tax return seasons begins. The agency has stepped up efforts to prevent identity theft, and caught 260,000 bad returns last year, up from 50,000 in 2010, and prevented a total of $1.4 billion in bad refunds being...

IRS Eyes Google As Profits Jump

Company going 'gangbusters,' boasts CEO

(Newser) - Hard times elsewhere haven't done any damage to Google's bottom line. The company has announced a whopping 26% year-on-year jump in profits for the third quarter of this year, with net income of $2.73 billion on nearly $10 billion revenue, most of it from advertising, the BBC...

Married Gays Grapple With IRS
 Married Gays Grapple With IRS 

Married Gays Grapple With IRS

Taxmen not recognizing same-sex unions

(Newser) - The Internal Revenue Service is refusing to recognize gay marriages, causing headaches for couples who have won the right to wed in their home states, BusinessWeek finds. The Obama administration has urged federal agencies to extend benefits as far as they can to same-sex couples under existing law, but analysts...

IRS Boss: Sorry About My Rude Employees

Douglas Shulman offers public apology

(Newser) - Ever had a run-in with a rude IRS agent? Well, Douglas Shulman’s sorry about that. The IRS commissioner offered a rare apology today to three identity theft victims who said they’d been mistreated by his employees, the AP reports. “We need to walk in each taxpayer’s...

Enron Whistleblower Finally Gets His Sweet Reward

More than 10 years later, he collects $1.1M from IRS

(Newser) - Two years before Enron’s 2001 implosion, a whistleblower tipped off the IRS to the company’s abusive tax shelters and fictitious income. Now that whistleblower is finally getting his reward, to the tune of $1.1 million from the IRS, the Washington Post reports. He remains anonymous, but his...

Capitol Hill Workers Owed $9.3M in Back Taxes in 2009

They should be fired, critics say

(Newser) - The IRS doesn't have to go far to track down tax scofflaws: Capital Hill employees owed $9.3 million in overdue taxes at the end of last year, reports the Washington Post . And while their debt is only a sliver of the $1 billion owed by all federal workers, according...

IRS to Broke Spanish Hipster: You Owe $172M

Esparza Bofill somehow racked up that bill in less than a year in NYC

(Newser) - The IRS says Marcos Esparza Bofill owes them $172 million in back taxes—which is pretty hard to believe, given that Esparza is a broke Spanish musician who recently had to borrow money from his relatives to pay his bills. The tax lien, which you can see on The Smoking...

Inmates Got $9.1M in 'Homebuyer' Tax Credits

IRS working to recoup money

(Newser) - Almost 1,300 prisoners, including 241 serving life sentences, filed for the Obama administration’s First Time Homebuyer Credit on their taxes, claiming they’d bought homes while incarcerated, according to a Treasury Department report released today. The IRS paid out $9.1 million on those claims, money it now...

Wealthy Americans Migrating South: IRS Data

 Wealthy Americans 
 Migrating South: 
 IRS Data 
see your county's stats

Wealthy Americans Migrating South: IRS Data

Good weather, low taxes lure rich, even during recession

(Newser) - Wealthy Americans are on the move, largely to the low-income-tax havens of the Sunbelt. A new Forbes analysis of IRS data from 2008 shows Collier County, Fla., at the head of the pack, picking up 15,150 new residents with an average income of $76,161—compared to $26,128...

Anti-IRS Diatribes Are Stupid and Dangerous

Let's cool the hatred before someone else gets killed

(Newser) - Watch coverage of the Tax Day rallies and you'll no doubt hear all about the evil IRS and the "jack-booted thugs" who work there. It's way past time to stop the demagoguery, writes EJ Dionne. Anyone remember the nut who flew his plane into IRS offices in Austin in...

Ala. Blogger Hails 'Window War' Against Dem Offices

Glass smashed at least five places across US

(Newser) - Rocks have been flying through the windows of Democratic offices across the US, and one Alabama-based blogger is taking credit for what he calls the “window war” against the big-government supporters of health reform. “I guess that guy’s one of ours,” Mike Vanderboegh told the Rochester ...

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