taxes
Tea Party Tax Returns Show Activism On A Budget
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.
Cuccinelli Plan for Virginia: Slash Taxes, Close Loopholes
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.
Conservative Think Tank Warns ‘Open Door’ Policy Could Be Costly
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.
Are You a Tax Cheat if You Shop Online Tax-Free?
Buy anything on the Internet lately without paying sales tax? In all but a few states, you’re probably a tax cheat.
Select Post Offices Extend Hours for Tax Day
Several U.S. Post Offices throughout the D.C. area are staying open late on Monday for tax purposes.
Study: D.C. Suburbs Hotbed For Potential Tax Cheaters
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.
Obama Pays $112K in 2012 Taxes on $609K of Income
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.
How To Spend Your Tax Refund
The best part of paying your taxes is probably getting your refund check.
Gray Declares April Financial Literacy Awareness Month in the District
D.C. Mayor Vincent Gray has declared April “Financial Literacy Awareness Month” in the District.
Obama: Proposed Budget Not His ‘Ideal Plan’
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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