The U.S. Internal Revenue Service's practice of slapping steep, 40-percent penalties on participants in certain alleged tax shelters will soon come to trial before the Supreme Court.
Peymon Mottahedeh (Founder of the Freedom Law School) provides an update on the recent Freedom Rally 2013, an annual conference held to inform and educate attendees about the legality of the IRS
Nobody’s going to win an Emmy for a parody of the TV show “Star Trek” filmed by Internal Revenue Service employees at an agency studio in Maryland. Instead, the IRS got a rebuke from Congress for wasting taxpayer dollars.
I just got a bill from the IRS for $12,220! They say I significantly under reported my income for the year 2011.
...Call your Senators and tell them NO! NO INTERNET SALES TAX: 202-224-3121 National Internet Tax Mandate (known as the "Marketplace Fairness Act") S336 which would bring about a national tax on all Internet sales.
I think "Driver’s Taxes" is a pretty good and descriptive name for this topic and article.
The brackets are set for the big dance -- the dance around tax responsibility. Most of the teams are in the bottom bracket. In this league, the lowest score wins.
One of the most disturbing angles to the Cyprus bailout -- wherein the government is being forced to tax bank depositors -- is this idea that Berlin is calling the shots in Europe.
The Cyprus bailout deal has a lot of people scratching their heads over what EU leaders were thinking when they came up with it.
“The power to tax involves the power to destroy,” Chief Justice John Marshall in McCulloch v. Maryland, 1819
Officers opened fire on the newspaper delivery women, piercing their pickup truck with more than 100 bullet holes.
The Joint Committee on Taxation recently released a 96 page report on the tax provisions associated with Affordable Care Act.
James Babb (WeWontFly.Com) on Mark Schmidter's case (who was jailed for passing out FIJA information during Casey Anthony trial) - Joe Banister (former IRS agent and whistleblower) comes on to provide an update on the legality of the IRS
Another refugee looking to escape US taxes?
U.S. companies are keeping more of their profits offshore, choosing overseas tax havens amid talk in Washington about closing corporate tax loopholes, The Wall Street Journal reported Monday.
The U.S. taxes citizens on their worldwide income even if they live in another country. The U.S. government generally imposes an exit tax on high earners to discourage them from expatriating as a way of avoiding taxes.
Given the partisan differences on Capitol Hill, lawmakers backing the bill say that attaching the online sales tax bill to a broader measure may be the proposal’s best shot. Though some think that even if tax "reform" gets bog down, an online sales t
The federal income tax is a bad joke and it needs to be abolished
Cars are becoming more efficient and people are driving less. That is good for the environment, but bad for the revenues that go into building and maintaining roads, because it means the money collected from gasoline taxes has been dwindling while co
It hasn’t drawn much attention, but Facebook’s first annual earnings report contains an accounting gem: a multibillion-dollar tax deduction for the cost of executive stock options and share awards.
As the Internal Revenue Service prepares to enter tax season full-bore, the agency is faced with a tightened budget, a shrinking workforce and an ever-more complex and increasing workload. That combination, along with leadership changes at the top
Like millions of other Americans, they are feeling the bite from the sharp increase in payroll taxes that took effect at the beginning of January. There are growing signs that the broader economy is suffering, too.
An Oregon man is suing the U.S. Government and a female IRS agent he alleges pressured him into sex, by threatening a tax penalty. Vincent Burroughs, of Fall Creek, Ore., says the harassing relationship began in August of 2011 when Dora Abrahamso
Congressional Democrats were closing in on legislation to temporarily head off deep across-the-board spending cuts, convinced that once federal furloughs and layoffs begin political pressure on Republicans to accept more tax increases will become irr
President Barack Obama said there is “no doubt” the government needs new revenue from closing tax “loopholes” and limiting deductions, along with enacting spending cuts, to reduce the federal deficit.
The Obama administration may soon ask Congress for the power to require more disclosure by U.S. banks of information about foreign clients' accounts to those clients' home governments, as part of a crackdown on tax evasion, sources said
On February 3rd, 1913, one of the two most historic events in US history took place: the ratification of the 16th amendment, which established Congress’ right to impose a Federal income tax on Americans, and overturned Article I, Section 9 of the US
Smokers, beware: tobacco penalties under President Obama’s Affordable Care Act could subject millions of smokers to fees costing thousands of dollars, making healthcare more expensive for them than Americans with other unhealthy habits. The Afford
It’s no mystery to me why such a government wants to ban guns. It’s for the same reason that mobsters don’t want the victims of their pillaging to be armed.
Bernard Arnault, head of luxury goods group LVMH, insists that he moved the cash and assets for ‘family inheritance reasons’ It is thought he wants to avoid a 75 per cent top rate on income being introduced by President Francois Hollande