Tag: IRS
The craziness at the IRS
Have you ever tried to open an account at IRS.gov? It’s supposed to be easy, in order to attract more taxpayers to...
It’s getting worse: The IRS now audits poor Americans at about...
As the agency’s ability to audit the rich crumbles, its scrutiny of the poor has held steady in recent years. Meanwhile, a new study shows that audits of poor taxpayers make them far less likely to claim credits they might be entitled to.
The IRS tried to take on the ultrawealthy. It didn’t go...
by Jesse Eisinger and Paul Kiel
On June 30, 2016, an auto-parts magnate received the kind of news anyone would dread: The...
As gov’t shutdown drags on, IRS continues to aid the rich...
As 800,000 federal workers remain furloughed or working without pay in the longest government shutdown in U.S. history, we look at how the Trump administration has restarted a division of the Internal Revenue Service to help corporate lenders.
Justice Department charges 4 men in Panama Papers scandal
“Today we announce the indictment of four individuals who allegedly defrauded the U.S. government through a large scale, intercontinental money laundering and wire fraud scheme, associated with Mossack Fonseca and its affiliates."
Pro-Trump ‘dark money’ group’s first tax return reveals millions in previously...
As a 501(c)(4) “social welfare” nonprofit, is not allowed to have politics as its primary purpose despite spending millions on politicking.
After budget cuts, the IRS’ work against tax cheats is facing...
Audits and criminal referrals are down sharply since Congress cut the tax agency’s budget and management changed priorities.
House Republican ‘2.0’ tax plan includes ill-conceived ‘universal savings account’ proposal
The USA is fundamentally flawed: it would do little to boost private savings, drain federal revenues, and overwhelmingly benefit the nation’s wealthiest households.