Dozens of tea party groups and other conservative organizations of the kind subjected to improper scrutiny by the Internal Revenue Service operated with small budgets and rarely displayed overt partisan activities, according to an Associated Press review of public tax filings by 93 such activist groups. A few groups built million-dollar operations and political ties that could have been legitimate grounds for IRS investigation, tax law experts said.
Republican Ken Cuccinelli on Tuesday proposed slashing Virginia income taxes, including a one-third reduction in corporate tax rates, to cultivate business expansion and job growth.
The study from the prominent conservative think tank said immigrants granted new legal status under the bill would eat up more than $9 trillion in health, education, retirement and other benefits over their lifetime, while contributing only around $3 trillion in taxes.
Buy anything on the Internet lately without paying sales tax? In all but a few states, you’re probably a tax cheat.
Several U.S. Post Offices throughout the D.C. area are staying open late on Monday for tax purposes.
A new study by the National Taxpayer Advocate used confidential IRS data to show large clusters of potential tax cheats in five metropolitan areas, including the Maryland suburbs of Washington, D.C.
President Barack Obama made less in 2012 than in any other year since taking office, with about 40 percent of the $609,000 in income that he and first lady Michelle Obama reported coming from book sales.
The best part of paying your taxes is probably getting your refund check.
D.C. Mayor Vincent Gray has declared April “Financial Literacy Awareness Month” in the District.
Confronting bipartisan criticism, President Barack Obama conceded Saturday his proposed budget is not his “ideal plan” but said it offers “tough reforms” to the nation’s benefit programs while closing loopholes for the wealthy, a mix that he argued will provide long-term deficit reduction without harming the economy.
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