Tax News

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In this June 11, 2013, photo, Sen. Chuck Grassley, R-Iowa, ranking Republican on the Senate Judiciary Committee speaks on Capitol Hill in Washington.

Mount Airy Mayor Deborah Cochran and Commissioner Jon Cawley go over figures during a workshop Monday which culminated with the adoption of the 2013-2014 city budget.

An Internal Revenue Service manager and self-described conservative Republican said the close scrutiny of tea party groups' tax forms originated in his Cincinnati IRS office and not in Washington, according to a full transcript of his interview by congressional investigators released Tuesday.

The mayors of New York, Los Angeles, Chicago and 15 other cities are reviving a push against letting food stamps be used to buy soda and other sugary drinks.

Lois Lerner, head of the IRS unit that decides whether to grant tax-exempt status to groups, leaves after being dismissed from a House Oversight and Government Reform Committee hearing in May. Hundreds of pages of transcribed interviews reveal that IRS employees in Washington were involved at an early stage in the improper targeting of Tea Party ... (more)

State officials say the next contract for taxpayers' credit monitoring services must be issued next month to prevent a coverage lapse.

According to the Kingsport Times-News the proposal was prepared by former schools finance director Myron Dale, who was fired Monday.

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"This budget holds the line on taxes while directing taxpayer dollars toward education, public safety and other top priorities," said Commissioner Phil Norris, Chairman of the Board of Commissioners.

A northwest Missouri will go to prison for a scheme that netted them about $800,000 in federal income tax refunds they didn't deserve.

Liberal groups such as Greenpeace and People for the Ethical Treatment of Animals say they were targeted, too, by past administrations.

Billionaire investor Peter R. Kellogg and IAT Reinsurance Co. Ltd ., the Bermuda-based insurance company his family owns, are suing the Internal Revenue Service for refunds of $186 million in taxes and interest they paid after the IRS revoked IAT's tax-exemption retroactively.

Most teenagers mowing lawns, sacking groceries, babysitting or toiling away at other summer work know the importance of showing up on time, being responsible and having a good attitude.

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Either CNN's Tom Cohen, his headline and subheadline writers, or both thought it was a bit over the top to describe the IRS's targeting of Tea Party, conservative, and religious groups as a "forgotten scandal" in a Friday story .

Misfeasance: While the IRS was hassling any nonprofit group with the word "patriot" in its name, it was rubberstamping exemptions for "Islamic" groups, even organizations that violate disclosure laws.

An Internal Revenue Service supervisor in Washington says she was personally involved in scrutinizing some of the earliest applications from tea party groups seeking tax-exempt status, including some requests that languished for more than a year without action.

Many individuals really feel their heart drop every time they get a notice from the IRS.

In over two decades in politics, my least favorite political type was the unabashed "hot dog," that media-seeking missile who would happily sell his grandmother for a 30-second hit on the evening news.