No Health Insurance? You're Running out of Time to Avoid an IRS Fine will double. In 2015, the cost of going without coverage doubles – or worse — to 2% of your yearly household income, or $325 per person for the year ($162.50 per child under 1
For almost 40 years, Carole Hinders has dished out Mexican specialties at her modest cash-only restaurant. For just as long, she deposited the earnings at a small bank branch a block away — until last year, when two tax agents knocked on her door
The BBC is using laws designed to catch terrorists and organized crime networks to track down people who dodge the license fee, it emerged yesterday.
A 10-year veteran IRS attorney demanded a Congressional audit of the IRS to investigate the agency's alleged role in allowing American corporations to illegally avoid paying billions of dollars in taxes at the same time the agency
The federal government collected a record amount of taxes in fiscal year 2014, topping $3 trillion in revenue for the first time in history, that show the influx helped drop the deficit to its lowest level under President Obama.
Smokers, flee New York City and head to Kentucky, where a pack of Marlboro Reds will cost you practically a third of what you're paying now. And while you're on the road, steer clear of New Hampshire and Vermont, too
It didn't get much attention outside Capitol Hill, but late last week House Republican leaders scuttled a vote to repeal an ObamaCare bailout plan for major heath insurance companies if they lose money on new Affordable Care Act policies.
One of the biggest fast food giants, Burger King, is now "divorcing" America and re-establishing its business in Canada. Mark analyzes the Government's reaction and possible implications for any corporation that may decide to move its headquart
For the last four years we've been railing against the Foreign Account Tax Compliance Act as one of the dumbest, most arrogant laws ever passed in the history of the world.
Moving against tax-avoidance by corporations, the Obama administration is taking several actions to curb deals known as "inversions" that allow companies to escape U.S. taxes by reincorporating abroad.
A significant benefit of the Affordable Care Act is the opportunity to receive money-saving tax credits up front to cut the overall cost of health insurance, but now hundreds of thousands of consumers could owe back some of that money next April.
The U.S. Department of Labor on Monday awarded $10.2 million to nearly two dozen states to beef up enforcement of a labor scheme that companies employ to evade their tax obligations.
The IRS says it has lost emails from five more workers who are part of congressional investigations into the treatment of conservative groups that applied for tax exempt status.
"Dear Mr. President, I am writing with a heavy heart as I, my husband, and our daughter are all seriously contemplating giving up our U.S. citizenship.
Burger King Flips Obama the Bird; BK, Warren Buffet, Greg Mankiw, Barry Ritholtz, Mish on Corporate Tax Inversion "Fairness".
President Obama would have proudly proclaimed Warren Buffett a true patriot in his bailing out of the banking system with expensive loans and his 'realization' that those earning more than $1 million should be tax-tax-taxed.
The big news on Monday has been reports that Burger King is in talks to acquire Tim Hortons, Canada's most popular coffee chain.
In an unexpected and interesting move, Burger King is in talks to buy Canadian coffee-and-doughnut chain Tim Horton's Inc., a merger that would be structured as a "tax inversion" .....
King5 news reports that the operator of a medical marijuana dispensary in Bellingham, Martin Nickerson, sued because he was being simultaneously prosecuted for marijuana distribution and targeted by the state Revenue Department for not collecting tax
Lanny Davis says you are not forced to pay taxes.
Your tax dollars at work?
The upper chamber rejected a plan with a 28 to 69 vote that would have phased out the system where gas tax funds collected at the state level are sent to Washington and then redistributed to the states with strings attached.
U.S. President Barack Obama on Thursday hammered U.S. companies that avoid federal taxes by shifting their tax domiciles overseas in deals known as "inversions" and called on Congress to pass a bill to curb the practice.
Federal officials have capped the amount of money scofflaws will be forced to pay if they don't buy insurance this year under the new health care law.
This idea that we live in a world where government cares about us is just the biggest propaganda ever.
There was a time when stock car racing was an outlaw sport.
In the video below Dr. Ed Rivera, professor of law and government, is interviewed by Patrick Timpone. Mr. Timpone compares Dr. Rivera's work decoding the Organic Laws, the founding documents of the United States of America to deciphering the DiVinci
A tongue and cheek analysis of the IRS interpretation of Phantom Income in a real estate Shortsale. The Legislature is dragging their ***** in renewing the Mortgage Debt Relief Act.
Around 10 years ago, the US declared war on a select group of Americans – the nearly 8 million US persons (citizens and green card holders) living abroad...The IRS quietly and stealthily conducted this war. Its campaign consisted of extortion and int
For the third time in as many years, legislation has been introduced in Congress that would revoke the passports of US citizens with "seriously delinquent tax debts."