The IRS v. charities

This article caught my eye, though I’m still not sure why.  It seems troubling on several fronts, so, hopefully you can help me out.  Approximately 275,000 nonprofit organizations, lost their nonprofit status with the IRS earlier of  this year.  To explain, let me begin, as they say, at the beginning. 

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O’Reilly vs Congressman Weiner – Who’s on first?

This may be O’Reilly’s most frustrating moment since … ummm … Barney Frank. O’Reilly is tryig to pin down Rep. Anthony Weiner (D-N.Y.) on who will enforce the Health Care penalty for people who choose not to buy insurance and refuse to pay the penalty. A reasonable question … that O’Reilly asks five times. But…

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Obama’s international tax plan – overseas banks balk

A few weeks ago I wanted to put a piece together concerning the implications of targeting domestic corporations who did business overseas. President Obama and his administration have used the attack code-word loophole concerning world-wide corporations who commit the sin of structuring their business to ensure they play the lowest legally allowed amount of taxes…

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Audit Congress

Well you knew it had to happen sooner or later. Some of you have already suggested it and I can’t say its a bad idea. Have you paid your taxes lately? If you said “yes” then you are in good company.  Millions of Americans not only struggle with the duty of following a convoluted tax code,…

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