Showing posts with label IRS. Show all posts
Showing posts with label IRS. Show all posts

Sunday, March 1, 2015

IRS Budget Cuts Will Reduce The Number Of Audits For The 2014 Tax Season



Budget cuts for the IRS is good news to some tax payers. Congress cut the IRS's budget by  1.3 billion since 2010, limiting the number of tax audits the IRS will be able to perform. Funny how tax cuts have been given to the IRS when Obama has approved for illegal immigrants to file and collect Earned Income Credit on 3 years of back returns.

In 2014, the number of tax audits will be reduced to less than 1%. The lowest number of tax audits since 2004. IRS Commissioner John Koskinen says, the number of audits will likely continue to decrease.

In a speech on Tuesday, February 24th,  Koskinen  says, the number of IRS agents have been reduced by 2,200 agents since 2010.

The IRS should start collecting some the money in back taxes some of their employees and Al Sharpton owe. 

Thursday, December 4, 2014

IRS Tax Document Controversy



Feds are refusing to release thousands of documents private IRS tax documents they shared with the White House. A non-profit IRS watch dog group called Cause of Action are suing the IRS for the information. The White House has violated our privacy rights to squeeze political oppositions before an election. 

Cause of Action filed a Freedom of Information Act against the IRS in 2012 asking the IRS turn over any private information related to the correspondence between the IRS and the White House about the requests on businesses and individuals. When the suit was filed, the IRS claimed they could not release the documents based on the restraints of the Internal Revenue code. However, a judge ruled the IRS must comply with the FOIA  request.


On Tuesday the TIGTA (Treasury Inspector of General Tax Information) wrote a letter to the Cause of Action Group, saying it can not release  of the 2.043 tax documents to the group due to it violates the tax code. 


“These pages consist of return information protected by 26 U.S.C. § 6103 and may not be disclosed absent an express statutory exception,” the letter said. “Because no such exception exists here, we are withholding those.”


By sending the letter to the Cause of Action Group, the TIGTA is essentially admitting the documents do in fact exist and the White House broken our privacy rights by requesting and receiving private tax information about businesses and individuals. 


Dan Epstein, a spokesman for the Cause of Action group says,: 


If there is any evidence that the White House requested (unauthorized taxpayer information), then people in the White House are going to be implicated,”

Thursday, February 9, 2012

Replacing Those Dreaded Items

Anyone else have the bad habit of not replacing things until you absolutely have to? I am one those people. I hate having to replace rugs, curtains, comforters and throw pillows until I have to. Those items are so pricey. I just think they cost way more than they should. So, I use them until I get tired of looking at how worn they have become through out the years.

I hate throwing away rugs and comforters. In my house rugs and comforters get demoted. They will move from the living or a bedroom to a door rug if possible. The comforters get moved from the beds to the shelf for visitors then to moving blankets. You always need an old blanket to throw in the back of the truck anytime your moving something you don't want to scratch or that may get your car dirty.

Bed pillows are another one of those dreaded items to replace and I really couldn't tell you why. They are not very expensive, but I will use a pillow until I can longer take it and I have no choice but to replace it.

Don't get me wrong. I actually keep my house decorated very nice. I just hate spending the money to replace those items. It seems as though, they never last as long as they should with children in the house. But of course, nothing seems to last as long as they should with children in the house. Thank God, for income tax returns. Well, at least while you have children to claim as dependents. Once all your children grow up, the IRS will eat you alive. 

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