The IRS had been warned of vulnerabilities in their computer system long before the taxing agency admitted this week that it had been hacked and may have lost the data of up to 100,000 American taxpayers.
IRS investigators believe the identity thieves who stole the personal tax information of more than 100,000 taxpayers from an IRS website are part of a sophisticated criminal operation based in Russia, two officials told the Associated Press.
Thieves used an online service provided by the IRS to gain access to information from more than 100,000 taxpayers, the agency said Tuesday.
Ynet News reports the terrorist gang Hamas has imposed a new import tax on “non-essential” items imported into the Gaza Strip. “The announcement has local merchants fuming, with some threatening to cease imports into Gaza altogether,” writes Ynet.
Economists understand that the government creates both positive and negative incentives. Tax credits may encourage people to have more children, but higher tax rates discourage people from working more.
$100,000. That’s the prison’s estimated cost of the sex change operation California inmate Michelle-Lael Norsworthy demanded and was scheduled to receive in July before a Thursday court order delayed the first ever prison-paid procedure of its kind in California. But even if he’s released on parole, the taxpayers could still have the privilege of picking up the tab under Medi-Cal, says one bay area legal director.
President Barack Obama and his wife, Michelle, held assets last year that were worth roughly $1.9 million to $6.9 million, according to their required financial disclosure reports.
George Soros is often called the “Godfather of the Left” for supporting a worldwide network of progressive causes with over $550 million in donations. But the world’s 27th wealthiest person–according to Forbes–with a net worth of about $30 billion has allegedly used tax deferral to prevent paying any taxes on $13.3 billion profit. Now, according to an Irish regulatory filing by Soros, he will soon be enjoying the shared sacrifice of paying a 50 percent tax that will wipeout a quarter of his net worth.
We’ve been hearing this ridiculous garbage about cold winters freezing the engines of the mighty Obama growth engine every year for the past six years. The hard, cold truth is that we’ve never had sustained growth under this President’s policies that could do anything more than slow the bleeding in the American workforce. Everything he does, from ObamaCare to his amnesty orders for illegal aliens, is a job-killer. It’s a tribute to the underlying strength of the American economy that we’re not in even worse shape.
Millions of TurboTax users will be troubled by a lawsuit that was filed Monday in San Francisco against Intuit, Inc. claiming that when the firm knew TurboTax’s lax software security protections were allowing a huge spike in tax refund theft, TurboTax failed to correct weaknesses or notify customers about ongoing risks.
For California cities and counties, Transient Occupancy Tax (TOT) for short-term hotel rentals rose from $1.38 billion in 2010 to $1.67 billion in 2012. Collection of the 13 percent average tax on short-term occupancies would have been much higher, except that Airbnb online rentals has never collected a dime. Now, State Senator Mike McGuire (D-Healdsburg) os pushing Senate Bill 593 legislation to require “online vacation rental sites” to collect TOT and report big data–such as number of guests or length of stay– to cities and counties. And Airbnb and hosts are warning about consumer privacy.
Hillary Clinton’s family’s charities are refiling at least five annual tax returns after a Reuters review found errors in how they reported donations from governments, and said they may audit other Clinton Foundation returns in case of other errors.
The revelation that four left-wing MSNBC hosts have failed to pay their taxes (Al Sharpton, plus Melissa Harris-Perry, Joy-Add Reid, and Touré Nesbitt) recalls an episode in 2011, when Andrew Breitbart raised the issue of MSNBC’s tax-dodging.
Breitbart News contributor Scot Vorse has authored a report for the Competitive Enterprise Institute about the federal government’s duplicitous selling points for Obamacare’s subsidies.
While Fresno County is suffering from high unemployment–11.6 percent in February 2015, and 12.0 percent in January 2015–Fresno workers have joined the Fight for $15, a national campaign to raise wages and set the minimum wage to $15.
Wednesday marks Tax Day in the United States, the day when Americans are obligated to turn in their taxes to the Internal Revenue Service. Normally, you’d expect those who actually, you know, pay taxes to complain about the government robbing them of their livelihood to pay for programs and projects from which they will never benefit. But not anymore.
Politicians–and liberals–live to provide people with a world where everyone and everything “wins.” Whether it’s water, the environment, or any number of other ills facing our, state the answer to every question is shared sacrifice and more money…your money, to be precise.
Sunday on his HBO “Last Week Tonight” program, host John Oliver defended the Internal Revenue Service and criticized the Republican-controlled Congress for starving the tax-collecting agency of funding. “The fact is, blaming the IRS because you hate paying your taxes is
Representative Charles Boustany (R-LA) touted tax reform, tax relief, and greater “accountability and transparency at the IRS” during Saturday’s GOP Weekly Address. Transcript (via ABC News Radio) as Follows: “Hello, I’m Charles Boustany, and I have the great honor of representing
This week, Fusion’s Jorge Ramos interviewed Sen. Minority Leader Harry Reid (D-NV) who once again refused to apologize to Mitt Romney for claiming he didn’t pay any taxes for ten years during the 2012 presidential election, saying this has, “been
In the midst of defending himself, Reid admits the claims he made on the Senate floor had nothing to do with any genuine belief Romney never paid taxes. On the contrary, Reid now admits, “Of course he paid taxes.”
About 11.3 percent of Bay Area residents are living at or below the poverty level, according to a Joint Venture Silicon Valley Institute analysis entitled, “Poverty in the Bay Area.” Despite low unemployment in Santa Clara County, the heart of the Silicon
Wednesday at the White House press briefing, press secretary Josh Earnest refused Fox News Channel correspondent James Rosen’s attempts to get the administration to condemn Minority Leader Harry Reid (R-NV) for defending his election attacks on then presidential candidate Mitt
Documentarian Alex Gibney’s new HBO exposé Going Clear: Scientology and the Prison of Belief has raised new questions about the church’s classification as a nonprofit organization and its resultant tax-exempt status.
In a wide-ranging interview with CNN’s Dana Bash about his pending retirement from Congress that aired on CNN’s “New Day” on Tuesday, Senate Minority Leader Harry Reid sounded off on the 2016 presidential race, some of his Republican Senate colleagues
