Both liberals and conservatives expressed outrage after the IRS revealed that it had targeted Tea Party groups who were seeking legal tax exemptions.
President Barack Obama stated that he would not tolerate politically motivated attacks by the agency, calling the actions by the IRS outrageous. Continue reading
IRS employees are upset about upcoming unpaid furloughs caused by the US government sequester. The sequester requires that $600 million dollars be cut from the IRS budget this year. This cut forces the IRS to put its nearly 100,000 employees on up to seven days of unpaid leave. IRS employees are protesting around the country and the largest rally to date was held last week in New York. Continue reading
Anyone who thinks that select people are exempt from paying their income taxes is wrong. That was proven by the recent spate of court cases involving celebrities and sports stars. One of the most recent cases concerns Lauryn Hill, a singer and songwriter who has won eight Grammy awards. She has been a controversial entertainment figure over the last 13 years, making frequent derogatory statements about the music industry. Continue reading
President Barack Obama is seeking to increase funding for the Internal Revenue Service with his fiscal year 2014 plan. The budget request was officially sent to Congress on April 10 and included an 8.8 percent increase from FY 2012. If approved, the IRS would receive close to $12.9 billion. Continue reading