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BUSINESS
October 15, 2013 | By Jim Puzzanghera
WASHINGTON -- Despite the partial government shutdown, the tax man still cometh. The Internal Revenue Service said that even though most of the agency's employees have been furloughed, Tuesday remained the filing deadline for millions of people who received a six-month extension to complete their 2012 tax returns. "The current lapse in federal appropriations does not affect the federal tax law, and all taxpayers should continue to meet their tax obligations as normal," the IRS said last week in reminding late filers of the upcoming deadline.
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BUSINESS
October 4, 2013 | By E. Scott Reckard, Andrew Khouri and Alejandro Lazo
A prolonged government shutdown could deliver a substantial blow to an already softening housing recovery. If the political standoff lasts for weeks, it could stall sales because lenders can't use IRS documents to confirm borrower qualifications. The impasse could also threaten loans backed by agencies such as the Federal Housing Administration. "With each passing day, the anxiety in the marketplace is building," said Stuart Gabriel, director of UCLA's Ziman Center for Real Estate.
OPINION
September 12, 2013
Re "Politics and the pulpit," Editorial, Sept. 8 How is this for an idea not only to remove politics from the pulpit but to do away with all IRS deductions for charity: Eliminate all 503(c)(3) deductions, period. You want to contribute to a favorite charity? Do it, but without the incentive of a tax deduction, which after all raises some questions about how committed you are to the cause. Consequently, a whole bunch of IRS agents wouldn't have to monitor these deductions. And look how it would simplify your tax return.
BUSINESS
September 9, 2013 | By Shan Li
Even the Internal Revenue Service likes to splurge sometimes. The agency, which has come under fire for its spending practices and targeting of certain groups, recently released a parody video styled after "The Apprentice," the reality television show starring business mogul and hair icon Donald Trump. Price tag for making the video: $10,000 The four minute, 10 second video was filmed and produced for a 2011 conference of the Small Business/Self Employed Division of the IRS and includes an actor in the role of Trump, complete with puffy wig. Most dangerous jobs: 10 professions with the highest fatalities in America Various leaders of the IRS division are depicted in a darkly lit boardroom pitching ideas, ironically, for cutting the division's travel budget.
OPINION
September 8, 2013 | By The Times editorial board
Churches and other nonprofits long have been forbidden from endorsing political candidates. But erratic enforcement of the law has emboldened supporters of legislation in Congress that would end the restriction. Far from needing to be repealed, the ban on politics in the pulpit ought to be enforced more aggressively. A bill sponsored by Rep. Walter Jones (R-N.C.) would repeal a 1954 amendment to the tax code sponsored by then-Sen. Lyndon B. Johnson. The amendment says that churches and other so-called 501(c)
NEWS
August 22, 2013 | By Jon Healey
Republicans have been blistering the Internal Revenue Service for months over its notorious targeting of tea party groups applying for tax-exempt status. Now a leading House Democrat and three campaign reform advocacy groups are suing the IRS for not taking a tough enough line against politicized nonprofits. Rep. Chris Van Hollen (D-Md.), Democracy 21, the Campaign Legal Center and Public Citizen asked a federal judge in the District of Columbia on Wednesday to force the tax agency to amend its rules on "social welfare" organizations.
NEWS
August 21, 2013 | By Michael A. Memoli
WASHINGTON - House Republicans will return to Washington next month continuing their efforts “at full throttle” to check the Obama administration on several fronts, a GOP leader indicated Wednesday. As most lawmakers spend the month in their districts with few popular legislative accomplishments to cite, House Majority Leader Eric Cantor (R-Va.) is instead touting aggressive oversight efforts that he says is a fulfillment of a Republican promise to voters in 2010 to pursue “a reform agenda aimed at changing the culture in Washington.” “Congressional oversight that exposes these abuses is the first step in ending the abuse, controlling spending, and reforming Washington.
ENTERTAINMENT
July 8, 2013 | By Mikael Wood
Lauryn Hill began serving a three-month jail sentence Monday after pleading guilty last year to not paying approximately $1 million in taxes. The singer and rapper, best known as a member of the Fugees, reported to the federal prison in Danbury, Conn., according to the Associated Press , which quoted a Bureau of Prisons spokesman. Following the completion of her stint there, she's to spend an additional three months under home confinement, the AP said. Hill was sentenced in May, the result of leaving taxes on earnings of over $2 million unpaid from 2005 to 2009.
OPINION
June 28, 2013
Re "IRS also flagged groups labeled 'progressive,'" June 25 There you go: Newly released documents show the IRS flagged liberal as well as conservative groups applying for tax-exempt status. And so they should have. No political group should receive tax-free status, and flagging applications from groups with names like "tea party" or "progressive" is simply an easy way to cull out political groups more quickly. I'm sick of hearing the Republicans crow about this. The fact that the scrutiny went both ways should receive just as much publicity.
NATIONAL
June 27, 2013 | By Jim Puzzanghera, Washington Bureau
WASHINGTON - A House committee inquiry into the targeting of political groups by the Internal Revenue Service devolved into partisan finger-pointing Thursday as the controversy expanded to allegations that progressive groups were flagged as well as tea party organizations. Republicans criticized the acting IRS commissioner, Daniel Werfel, for his handling of an internal review into the issue as he faced lawmakers for the first time since taking the job last month. They said Werfel failed to interview key current and former IRS officials before issuing a report this week that found no evidence that agency employees intentionally did anything wrong or were directed by the White House.
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