Before you start believing the drivel Republicans are spreading about rising deficits, maybe you need to understand the difference between two terms that are frequently used in error: overall National Debt and the Federal Budget Deficit. Republicans are counting on 93% of the
Statements by Secretary Lew and Secretary Burwell on preparing for the upcoming tax season In preparation for the 2015 tax filing season, the U.S. Department of Health and Human Services and the Treasury Department are putting in place resources to provide tax
Giving oil and gas companies royalty-free fuel is a huge waste of taxpayer and finite public resources. But, worst of all, we get nothing but the creation of perennial corporate parasites. —by Ryan Alexander Getting something for nothing is a pretty sweet deal —
Appeals will continue, but let’s take the Halbig decision at face value. How much will this decision cost the working poor? The amount varies with income and other variables, but for a 40 year old individual making $30,000 a year, the tax credit was
Clearly, members of the GOP in the House are all about looking for ways to handicap ANY organization tasked with performing regulatory actions that might impede their ideological plans for the future of the United States of Republica. A case in point
Campaigners say White House move ‘will begin to undo one of the last vestiges of legally sanctioned discrimination’ — by Lauren McCauley, staff writer, Common Dreams In what is being hailed as a major victory for LGBTQ rights, the White House confirmed on Monday that
— Vickie Rock, a Disgruntled Citizen Over the past year, we’ve heard one claim after another ad nauseum from Republican members of Congress as to how the IRS is discriminating against Republican groups in obtaining 501c4 tax-exempt status. Frankly, that’s a status
BY TARA CULP-RESSLER “House Republicans Are Pushing A Bill That Would Force The IRS To Audit Rape Victims” PHOTO CREDIT: AP PHOTO/MIKE GROLL House Republicans are currently advancing the “No Taxpayer Funding For Abortion Act,” or HR 7, a measure that would
WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have announced they will issue initial guidance regarding qualification requirements for tax-exemption as a social welfare organization under section 501(c)(4) of the Internal Revenue Code. This proposed guidance
Treasury and IRS Announce That All Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes; Ruling Provides Certainty, Benefits and Protections Under Federal Tax Law for Same-Sex Married Couples IR-2013-72, Aug. 29, 2013 WASHINGTON — The U.S. Department of the Treasury