Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $76,632
87%  
Woo hoo!! And we're now over 87%!! Less than $11.4k to go!! Thank you all very much!! God bless.

Keyword: audit

Brevity: Headers | « Text »
  • Audit: Illinois Lottery broke law to get around budget impasse

    05/25/2016 9:36:20 PM PDT · by Olog-hai · 7 replies
    AP via WGN ^ | 3:15 PM, May 21, 2016
    The state’s auditor general says the Illinois Lottery violated state finance law by prepaying $20 million to ensure it could participate in future multi-state lottery games even without a state budget. The Belleville News-Democrat reports that the lottery made two $10 million payments on June 30, 2015, when it was clear lawmakers had failed to agree on a state budget that should have begun the next day. …
  • Lawyers say Donald Trump under 'continuous' IRS audit

    03/30/2016 6:13:06 PM PDT · by Olog-hai · 265 replies
    Associated Press ^ | Mar 30, 2016 8:26 PM EDT
    Tax counsel for Republican presidential candidate Donald Trump said Wednesday that the billionaire businessman has been under continuous IRS audit for more than a decade. In a letter released by the Trump campaign to demonstrate that the candidate is in fact under audit, Sheri Dillon and William Nelson wrote that his personal federal tax returns “have been under continuous examination by the Internal Revenue Service since 2002, consistent with the IRS’s practice for large and complex businesses.” …
  • Jonah Goldberg: Donald Trump, Christian Martyr

    02/27/2016 10:51:11 AM PST · by EveningStar · 31 replies
    National Review ^ | February 26, 2016 | Jonah Goldberg
    Donald Trump, Christian Martyr I was starting to doze off. The debate was all but over, and the exhaustion from the day was catching up with me, as was the scotch. The rush of finally seeing the candidates go after Trump in a serious way was wearing off replaced by a mix of dread and resignation that it may all be too little too late. (Note: I don't think it is, and I won't be giving into despair either, for reasons Charlie explains here.) I was only half listening when Donald Trump came into the spin room on CNN to...
  • IRS to Trump: 'Nothing prevents you from sharing your tax documents'

    02/26/2016 2:22:17 PM PST · by Cincinatus' Wife · 274 replies
    The Washington Examiner ^ | February 26, 2016 | Gabby Morrongiello
    Donald Trump claims he can't release his tax returns until he's done being audited by the IRS. But the federal agency on Friday said that's not true. "Federal privacy rules prohibit the IRS from discussing individual tax matters. Nothing prevents individuals from sharing their own tax information," a spokesperson for the IRS said in a statement. The Republican presidential front-runner's refusal to release his tax documents came up repeatedly during Thursday's GOP debate, hours after former Republican nominee Mitt Romney suggested that Trump's reluctance stems from the possibility there might be a "bombshell" in his taxes. "I want to [release...
  • Trump: IRS audits me because I’m a “strong Christian” [Watch Video]

    02/26/2016 8:00:01 AM PST · by SeekAndFind · 61 replies
    Hotair ^ | 02/26/2016 | Ed Morrissey
    Or maybe because, to quote Ben Carson, they’re looking at the fruit salad of his life. Fresh off of getting chased around the arena by a couple of lions, Donald Trump tried to explain to CNN’s Chris Cuomo why the IRS audits him so routinely, the excuse he gave during the debate for not releasing his tax returns. Trump claimed to be the victim of religious persecution:CLICK ABOVE LINK FOR THE VIDEO “I’m always audited by the IRS, which I think is very unfair. Maybe because of religion, maybe because of something else, maybe because I am doing this,...
  • Dr. Ben Carson: After I Spoke Out Against Obamacare – I Was Audited by Obama IRS

    02/26/2016 7:21:21 AM PST · by detective · 30 replies
    Gateway Pundit ^ | Feb 25th, 2016 | Jim Hoft
    Dr. Carason: I never had an audit until I spoke at the National Prayer Breakfast. And then all of the sudden they came in and said, "We just want to look at your real estate dealings." And then they didn't find anything. And then they took a look at the whole year. And they didn't find anything. And then they looked at the next year and they didn't find anything. And they won't find anything. The fact is the IRS is not honest and we have to get rid of them.
  • Beware: IRS Now Has Six Years To Audit Your Taxes, Up From Three

    01/20/2016 1:40:46 PM PST · by Nachum · 43 replies
    yahoo ^ | 1/20/16 | forbes on Yahoo
    No one wants to be audited, so knowing how long your tax return can be attacked is important. The statute of limitations on taxes is a fundamental rule allowing taxpayers to eventually cut off their exposure. It can be pretty satisfying to say to the IRS, “sorry, you’re too late.” But this year, that will be a little harder due to an expansion of the IRS’s power to audit for extra years. Traditionally, the primary IRS statute of limitations was three years. But there are many exceptions that give the IRS six years or longer. Several of those exceptions are...
  • Great news: OPM still can’t pass a security audit six months after massive hack

    12/14/2015 5:37:17 PM PST · by SeekAndFind · 10 replies
    Hotair ^ | 12/14/2015 | Ed Morrissey
    Six months ago, the US discovered that China hacked into the records of the Office of Personnel Management, stealing the excruciatingly personal data from everyone employed in the federal government, and everyone granted a security clearance too. At the time, it was called the Pearl Harbor of cyberwarfare, but later it turned out that the hack lasted over a year, not a single Sunday morning. OPM didn’t even have an IT department until the year before the hack began, which is why OPM had outsourced its IT management to a firm based in … China. The true scope of...
  • $100B/Yr Climate Finance Challenging, But Possible (global taxes!) - UN Panel (Soros)

    11/06/2010 11:28:07 PM PDT · by SmartInsight · 33 replies
    WSJ ^ | Nov. 5, 2010 | Selina Williams
    Raising $100 billion a year of climate finance by 2020 is challenging, but possible through mechanisms including carbon markets, domestic carbon taxes and a variety of international transportation taxes, a United Nations advisory group said in a report Friday. Earlier this year, the UN's Ban established the panel, which includes U.S. National Economic Council Director Larry Summers, billionaire financier George Soros and Deutsche Bank vice-chairman Caio Koch-Weser. The financing will be used to support mitigation and adaptation efforts in developing countries--in particular, for the poorest and most vulnerable communities.
  • IRS ordered to turn over any docs showing White House request for taxpayer info

    08/29/2015 7:26:43 AM PDT · by SeekAndFind · 16 replies
    American Thinker ^ | 08/28/2015 | Rick Moran
    A federal judge ordered the IRS to turn over any documents that indicated White House requests for private taxpayer information. Judge Amy Berman Jackson issued the order, eliminating the IRS argument that they couldn't comply because taxpayer information is private. Washington Times: “This court questions whether section 6103 should or would shield records that indicate confidential taxpayer information was misused, or that government officials made improper attempts to access that information,” the judge wrote in denying the IRS’s request to close out the case. The ruling marks yet another federal judge who has ordered the Obama administration to be more...
  • BETC abuses, excuses merit a full-scale accounting of what went wrong: Editorial

    08/06/2015 8:59:51 AM PDT · by Twotone
    The Oregonian ^ | August 5, 2015 | Editorial Board
    The Oregon Secretary of State's office was quick to assert to The Oregonian/OregonLive's Ted Sickinger that its inquiry into the state energy department's chronically troubled tax-credit program is "not an audit." Which raises the obvious question: Why not?
  • Americans Hate Bullying. But Who’s the Biggest Bully in America? Obama

    05/10/2015 5:42:48 AM PDT · by SeekAndFind · 22 replies
    Townhall ^ | 05/07/2015 | Wayne Allyn Root
    Everywhere I look nowadays liberals are screaming about "bullying.” It's the liberal cause "du jour." Liberals hate bullies.Well I know a very big bad bully. He’s the worst bully in all the land. His name is Barack Obama. Funny enough, liberals don’t care about his vicious bullying. Liberal hypocrites just make absurd excuses for his bullying, because they agree with his politics. Isn't it ironic? The worst bullies of all are liberals- the very people complaining about the traumatic effects of bullying.Well I have a personal story that proves what bullies Obama and his socialist cabal really are. You see...
  • Beware the I.R.S.’s Speeded-Up Audit

    04/30/2015 9:12:30 AM PDT · by SeekAndFind · 22 replies
    New York Times ^ | 04/30/2015
    TO those of us who fear the I.R.S. and the possibility of a tax audit, it sounded like good news. In March, the I.R.S. commissioner, John A. Koskinen, told employees that because of budget cuts, the agency “had to do less with less” — reduce taxpayer services, delay refunds and do fewer audits. But alas, the outcome is not what it seems. Those who do get caught in the I.R.S.’s net may be in for a terrible time and lose some of the rights set out in last year’s new taxpayer bill of rights. Examiners for the I.R.S. are giving...
  • Eligibility for public programs not properly checked, state review finds

    03/25/2015 5:26:03 AM PDT · by TurboZamboni · 1 replies
    star tribune ^ | 3-24-15 | chris serres
    A state legislative auditor’s report found that the Minnesota Department of Human Services (DHS) failed to ensure the eligibility of participants in large public assistance programs and that it did not always perform timely inspections of child care centers. The findings mirror those of other recent auditor reports and could fuel calls to reform the way state administrators verify eligibility for programs that together cost nearly $7 billion a year in federal money. For more than a decade, the legislative auditor has reported flaws in the way the state determines who qualifies for Medical Assistance, which provides health insurance to...
  • So Your Taxes Are Being Audited By the State or IRS: Now What?

    03/19/2015 7:34:28 AM PDT · by SeekAndFind · 12 replies
    Main Street ^ | 03/19/2015 | Jason Notte
    If you're being audited by the Internal Revenue Service this year, you're either an unlucky or extremely unfortunate individual. Budget cuts have steadily decreased the number of IRS audits from 1.4 million in 2013 to 1.2 million last year. IRS Commissioner John Koskinen told reporters in January that the number of audits would fall again this year after continued belt-tightening. With the IRS budget falling 17% in the past five years, the number of audits this year is expected to hover around 1 million. Koskinen noted that his agency has left an estimated $6 billion to $8 billion on the...
  • Where’s the Money? Vermont Auditor Reports Jonathan Gruber Overbilled State by At Least $48,000 ...

    02/23/2015 3:06:01 PM PST · by Zakeet · 8 replies
    Brietbart ^ | February 23. 2015 | Michael Patrick Leahy
    Complete Headline: Where’s the Money? Vermont Auditor Reports Jonathan Gruber Overbilled State by At Least $48,000, Calls in Attorney General In a 54-page memo, Vermont State Auditor Doug Hoffer confirms that embattled Obamacare architect Jonathan Gruber overbilled the state in invoices he submitted for work Gruber claims was performed by research assistants. “The evidence suggests that Dr. Gruber overstated the hours worked by the RA, but we have insufficient documentation to say any more about his inconsistencies and questionable billing practices. I have referred the matter to the Attorney General for his consideration, which is standard procedure in such circumstances,”...
  • Fate of 'Audit the Fed' rests in Dem (& Hussein's) hands

    02/16/2015 6:05:14 PM PST · by Libloather · 7 replies
    The Hill ^ | 2/16/15 | Peter Schroeder
    A long-running campaign to fully subject the Federal Reserve to outside review could come down to a handful of moderate Democrats. The “Audit the Fed” movement has grown from an oddball pet project of former Rep. Ron Paul (R-Texas) into legislation that was passed with broad bipartisan majorities in the House two Congresses running, before stalling in Democratic-led Senates. With Sen. Rand Paul (R-Ky.) looking to follow in his father’s footsteps with a new audit bill, the prospects of a GOP-controlled Congress actually sending a measure to the president is more real than it has ever been before. But clearing...
  • Rand Paul: 'Alarming' that the Fed is trying to stop audit

    02/12/2015 8:31:25 AM PST · by TangoLimaSierra · 51 replies
    http://www.washingtonexaminer.com ^ | 2/11/2015 | Joseph Lawler
    Sen. Rand Paul isn't happy that the Federal Reserve is mobilizing against his legislation that would subject the central bank's monetary policy decisions to an audit. "It is alarming that the Federal Reserve, which was granted Monopoly money-making power, is now specifically trying to stop my legislation," the Kentucky Republican wrote in a column published by the conservative publication Breitbart Tuesday. "The Fed, with unlimited ability to print money, now prints that money to lobby against congressional oversight," Paul added. "It is a disgrace and every citizen in the land should rise up and say: We the people are in...
  • The Fed’s Right Mind? (Audit the Fed!)

    02/06/2015 9:47:03 AM PST · by Zakeet · 8 replies
    New York Sun ^ | February 6, 2015
    It looks like the Federal Reserve is starting to worry about Senator Rand Paul’s plan to audit the central bank. The way the Hill newspaper, which covers Congress, puts it this week is that the Fed is “lashing out” at Mr. Paul’s plan, which, it said, could gain traction now that the Republicans are in control of the Senate as well as the House. It quotes the president of the Dallas Fed, Richard Fisher, as demanding, in an interview, “Who in their right mind would ask the Congress of the United States — who can’t cobble together a fiscal policy...
  • The Fed Fires Back at Rand Paul

    02/05/2015 4:16:22 PM PST · by SatinDoll · 41 replies
    The Hill ^ | Feb. 5, 2015 | Fred Cirilli
    The Federal Reserve is lashing out at Sen. Rand Paul’s plan to give Congress more oversight over the central bank, a proposal that could gain traction in the new Republican-led Congress. The Kentucky Republican reintroduced his “Audit the Fed” legislation last month with 30 co-sponsors, including other potential 2016 GOP hopefuls, Sens. Ted Cruz (Texas) and Marco Rubio (Fla.). [snip] On Wednesday, Cleveland Fed President Loretta Mester criticized the legislation as “misguided” during public remarks in Columbus, Ohio. “They really are about allowing political considerations to influence monetary policy decisions,” Mester said in her speech. “This would be a tremendous...
  • Rand Paul and Ted Cruz Join Forces Against the Fed

    01/28/2015 1:33:17 PM PST · by Theoria · 14 replies
    The New York Times ^ | 28 Jan 2015 | Alan Rappeport
    Senators Rand Paul and Ted Cruz might end up running against each other for the Republican presidential nomination, but they can agree on one thing: their distrust of the Federal Reserve. On Wednesday, the two Republican senators introduced the Federal Reserve Transparency Act which Mr. Paul has been pushing for some time.Republicans have questioned the Fed’s moves to stimulate the economy since the financial crisis, arguing that the expansion of its balance sheet will create economic instability. In 2011, Gov. Rick Perry called the Fed’s monetary policies potentially “treasonous” and said that Ben S. Bernanke, the Fed chairman at the...
  • Got Obamacare? Great! Now here’s your audit: The postman always rings twice… at least.

    01/04/2015 5:32:48 PM PST · by SeekAndFind · 20 replies
    Hotair ^ | 01/04/2015 | Jazz Shaw
    Since you’re enjoying your Obamacare health insurance policy so much, you might not be all that put off by a few extra pieces of mail showing up at your door. There’s all those forms to fill out and medical providers to screen, complicated prescription plans and all the rest. But now that the new year is upon us and tax time is approaching, you may want to prepare for an extra surprise from the mailman. It’s coming from the IRS for many of you and it’s not a birthday card.Moe Lane of Red State kicks the tires of this...
  • Republicans ready to reform public assistance in Wisconsin

    12/03/2014 10:20:45 AM PST · by afraidfortherepublic · 8 replies
    The Wisconsin Reporter ^ | 12-3-14 | M. D. Kittle
    MADISON, Wis. — Some of the boldest reforms to public assistance in the nation may arise from the Wisconsin Legislature in coming months. Armed with the largest Assembly majority in 57 years and comfortable control of the state Senate, Republican leadership appears to be putting together the kind of ambitious reform agenda that could rival 2011, when the Republican-led majority introduced and passed a spate of conservative — and controversial — initiatives. On Tuesday, Assembly Speaker Robin Vos, R-Rochester, announced the creation of the Public Benefit Reform Committee. While the new committee’s chair or its members have yet to be...
  • Anti-Obamacare movie producer 'randomly' hit with first tax audit ever

    10/08/2014 8:20:21 AM PDT · by SeekAndFind · 10 replies
    Hotair ^ | 10/08/2014 | Jazz Shaw
    I’m sure glad that all the exposure of the activities of the IRS and Lois Lerner have put an end to using the IRS as a tool to attack administration critics. The crisis clearly is over, citizens. The producer of a new movie that criticizes Obamacare has reportedly become the latest prominent conservative slapped with an IRS audit.Logan Clements, producer of “Sick and Sicker: ObamaCare Canadian Style,” announced via press release Tuesday that he is being audited for the first time ever.The news comes one month after the conservative Breitbart News announced that it, too, was being audited and...
  • Producer of anti-Obamacare movie ‘Sick and Sicker’ hit with IRS audit

    10/07/2014 9:46:20 AM PDT · by jazusamo · 34 replies
    The Washington Times ^ | October 7, 2014 | Jessica Chasmar
    The producer of a new movie that criticizes Obamacare has reportedly become the latest prominent conservative slapped with an IRS audit. Logan Clements, producer of “Sick and Sicker: ObamaCare Canadian Style,” announced via press release Tuesday that he is being audited for the first time ever. “I had never been audited before I made this movie,” he says in a YouTube video. “There seems to be a pattern here.” The news comes one month after the conservative Breitbart News announced that it, too, was being audited and that the action was probably politically motivated. Mr. Clements‘ movie makes the case...
  • Government Inspectors Generals Describe Atmosphere of Restricted Access

    08/11/2014 12:04:27 PM PDT · by Sean_Anthony · 9 replies
    Canada Free Press ^ | 08/11/14 | Alan Joel
    Majority of the Inspectors General find themselves unable to perform their duties to audit the federal government Inspectors General (yes, that’s the plural) are considered watchdogs for the government. Their jobs primarily focus on “uncovering waste, fraud, and mismanagement”, which is an important function to keep government programs and agencies in check. A serious breach of trust is evident, therefore, when 47 of 73 Inspectors General pen a letter to Congress describing “serious limitations on access to records.” That’s 64% of the total watchdogs who express such concerns.
  • Big break in IRS case will change scandal’s course

    07/08/2014 2:46:50 PM PDT · by PoloSec · 26 replies
    Washington Examiner ^ | July 8 2014 | Washington Examiner
    BIG BREAK IN IRS CASE WILL CHANGE SCANDAL’S COURSE New evidence about the actions of the IRS official at the center of the investigation into the agency’s systematic targeting of President Obama’s political adversaries is intensifying the firestorm over the alleged corruption. IRS executive Lois Lerner apparently pushed for an audit of one of the administration’s most outspoken critics in the Senate. In emails with a colleague, Lerner claims to have mistakenly received an invitation to Sen. Chuck Grassley, R-Iowa, to give a speech to a non-profit group in 2012. Lerner wrote that the group offered to pay for Grassley’s...
  • Lois Lerner Plotted Audit of Senator who Blocked IRS Targeting

    07/03/2014 8:04:08 AM PDT · by SeekAndFind · 22 replies
    Hotair ^ | 07/03/2014 | Daniel Greenfield
    Meet the Deep State. It’s embedded inside a massive remorseless bureaucracy with no conscience or restraint. Ex-Internal Revenue Service official Lois Lerner tried to audit Republican Sen. Chuck Grassley after Grassley blocked President Obama’s nominee to head the Department of Justice (DOJ) tax division, an executive branch insider told The Daily Caller.Grassley made it more difficult for the IRS and DOJ to work together to target conservative groups by blocking Obama’s political appointee Mary L. Smith from taking over the DOJ Tax Division, which prosecutes criminal cases for the IRS. Grassley held up the nomination in early 2010, just as...
  • Audit the IRS

    07/01/2014 2:48:33 PM PDT · by afraidfortherepublic · 5 replies
    Breitbart Big Government ^ | 7-1-14 | Michael A. Needham
    There is “no evidence of criminal wrongdoing,” the Internal Revenue Service assured Americans during an internal investigation of the agency’s targeting of conservative groups. Few will find comfort in those words, and understandably so. Last week, while seeking to reassure Americans he has seen no evidence of a crime, IRS Commissioner John Koskinen acknowledged he had not even bothered to review any of the applicable laws. It seems like only yesterday that President Obama called the scandal “inexcusable” and pledged to work “hand in hand with Congress to get this thing fixed.” More recently, though, he dismissed it as a...
  • Great news! IRS commissioner says you can now use the Lois Lerner excuse if audited

    06/28/2014 7:40:33 AM PDT · by SeekAndFind · 29 replies
    Hotair ^ | 06/28/2014 | NOAH ROTHMAN
    In an interview with CNN’s Wolf Blitzer on Thursday evening, IRS Commissioner John Koskinen revealed that a number of taxpayers are confused by his agency’s conduct. Like the IRS, they would also like to claim that corrupted or lost data prevents them from complying with the tax collection agency’s requests with for several-year-old documents. Koskinen told Blitzer that what may come to be known as “The Lerner Defense” is and has been acceptable to the IRS. During Thursday’s interview, an eager Twitter user submitted a question to Blitzer which he helpfully read on the air. “Why shouldn’t tax payers...
  • REVEALED: GOP Senator Targeted by Lois Lerner

    06/25/2014 5:36:35 PM PDT · by SeekAndFind · 33 replies
    Ways and Means investigation uncovers push to audit Senator Chuck Grassley (R-IA) Washington, DC – Today, Ways and Means Committee Chairman Dave Camp (R-MI) announced the Internal Revenue Service’s (IRS) targeting of conservative individuals includes a sitting United States Senator. According to emails reviewed by the Committee under its Section 6103 authority, which allows the Committee to review confidential taxpayer information, Lois Lerner sought to have Senator Chuck Grassley (R-IA) referred for IRS examination. “We have seen a lot of unbelievable things in this investigation, but the fact that Lois Lerner attempted to initiate an apparently baseless IRS examination against...
  • California Hit with $31.6 Billion Audit Misstatement

    06/03/2014 7:48:00 AM PDT · by SeekAndFind · 52 replies
    American Thinker ^ | 06/03/2014 | Chriss Street
    The California Bureau of State Audits set off a scandal on June 1st by disclosing that the State Controller’s Office made accounting misstatements amounting to $31.65 billion.  The timing of the announcement may be devastating to the Democrats who expected to use their super-majority to pass billions of dollars in increased spending, but may now find the net effects of the accounting restatements are a $7 billion General Fund deficit.   California Governor Jerry Brown’s and State Controller John Chiang’s staff refused to go on camera and answer questions as the news broke. To give a perspective on the size of the...
  • IRS audits 10% of Tea Party donors

    05/08/2014 6:53:12 AM PDT · by SeekAndFind · 61 replies
    American Thinker ^ | 05/08/2014 | Rick Moran
    When the IRS was targeting conservative groups seeking tax exempt status for special scrutiny, they demanded the list of donors supporting those groups in 17 cases. Despite assurances from the agency that the lists had been destroyed, a search requested by Congress revealed that at least 3 lists had survived. And of the donors on those lists, fully 10% of the individuals had been audited. The rate of audits for ordinary Americans is about 1%. Now, the House Ways and Means Oversight Committee is demanding that the Government AccoIRS intimidation on a whole other level.untability Office investigate the IRS to...
  • House Republicans find 10% of tea party donors audited by IRS

    05/07/2014 8:16:46 PM PDT · by smoothsailing · 122 replies
    Washington Times ^ | 5-7-2014 | Stephen Dinan
    House Republicans find 10% of tea party donors audited by IRS Tells commissioner to come clean By Stephen Dinan-The Washington Times - Updated: 10:10 p.m. on Wednesday, May 7, 2014 Despite assurances to the contrary, the IRS didn’t destroy all of the donor lists scooped up in its tea party targeting — and a check of those lists reveals that the tax agency audited 10 percent of those donors, much higher than the audit rate for average Americans, House Republicans revealed Wednesday. Republicans argue that the Internal Revenue Service still hasn’t come clean about the full extent of its targeting,...
  • Medicaid paid $12M for Illinois dead, audit finds

    04/19/2014 2:11:44 AM PDT · by iowamark · 14 replies
    Chicago Tribune ^ | April 18 2014 | AP
    The Illinois Medicaid program paid an estimated $12 million for medical services for people listed as deceased in other state records, according to an internal state government memo. The memo dated Friday, which The Associated Press obtained through a Freedom of Information Act request, says the state auditor compared clients enrolled in the Medicaid database with state death records dating back to 1970. Auditors identified overpayments for services to roughly 2,900 people after the date of their deaths... Republicans have pressed for the state to use a private company to verify Medicaid eligibility. Maximus Health Services was hired to scrub...
  • IRS audits less than 1 percent of big partnerships

    04/17/2014 6:06:25 PM PDT · by Olog-hai · 2 replies
    Associated Press ^ | Apr 17, 2014 6:24 PM EDT | Stephen Ohlemacher
    The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday. That means some of Wall Street’s largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen. Carl Levin, D-Mich. The Government Accountability Office says the number of large businesses organized as partnerships has more than tripled since 2002, yet hardly any get audited. In 2012, only 0.8 percent were subjected to field exams in which agents do a thorough review of books and records. …
  • Don't think you can fool the IRS (Even if they are cash strapped and audit rates are down)

    04/15/2014 11:46:41 AM PDT · by SeekAndFind · 14 replies
    Politico ^ | 04/15/2014 | Kelsey Snell
    The IRS is cash-strapped and audit rates are down, but that doesn’t mean the average Jane or Joe can hide the ball from the tax man. The tax-collecting agency devotes more resources to chasing big fish like convicted tax cheat Wesley Snipes than the average middle-class taxpayer, that’s true. But the IRS is now using sophisticated software and data analysis that puts it in touch with taxpayers before the official audit process begins. “Now with automation and the electronic submission of W-2s and 1099s, the IRS just matches the information,” said David Kautter, managing director of the Kogod Tax Center...
  • Five Easy Ways to Earn Yourself an IRS Audit

    04/14/2014 1:43:12 PM PDT · by SeekAndFind · 18 replies
    Wall Street 24X7 ^ | 04/14/2014 | Charley Blaine
    Around this time of the year, all of us start to wonder if this is the year the Internal Revenue Service will come to audit. Most of us don’t have to worry, really, because we are honest and report our incomes accurately and claim only the deductions and tax breaks we deserve. But there are a few who insist on pushing the envelope — or just blunder — and win themselves a communication from the IRS. Some of these mistakes are very common, yet can be very costly.The IRS even has a list of frivolous tax arguments. Here some...
  • Chances of getting audited by IRS lowest in years

    04/14/2014 1:52:10 AM PDT · by Olog-hai · 13 replies
    Associated Press ^ | Apr 14, 2014 3:33 AM EDT | Stephen Ohlemacher
    As millions of Americans race to meet Tuesday’s tax deadline, their chances of getting audited are lower than they have been in years. Budget cuts and new responsibilities are straining the Internal Revenue Service’s ability to police tax returns. This year, the IRS will have fewer agents auditing returns than at any time since at least the 1980s. Taxpayer services are suffering, too, with millions of phone calls to the IRS going unanswered. “We keep going after the people who look like the worst of the bad guys,” IRS Commissioner John Koskinen said in an interview. “But there are going...
  • Exclusive – Dr. Ben Carson: Our Government Is Like 'Nazi Germany'

    Following a standing ovation at his address to the standing-room-only crowd, Dr. Ben Carson said that the current state of our government and institutions are "very much like Nazi Germany." Carson says, “You had the government using its tools to intimidate the population. We now live in a society where people are afraid to say what they actually believe.” Carson warns that our country is in a precarious position, and that political correctness coupled with government intimidation prevents open and honest dialogue.
  • Federal audit calls new school lunch rules a failure

    02/27/2014 8:21:56 PM PST · by Nachum · 28 replies
    Washington Times ^ | 2/27/14 | Stephen Dinan
    The federal government’s changes to school lunch menus have been disastrous, causing problems for cafeterias trying to comply with the rules and leaving the menu so expensive or unpalatable that more than 1 million students have stopped buying lunch, according to a government audit released Thursday. One school district told federal investigators that it had to add unhealthy pudding and potato chips to its menu to meet the government’s minimum calorie requirements. Other school districts removed peanut butter and jelly sandwiches from their elementary school menus. Five of the eight school districts surveyed by the Government Accountability Office, the official...
  • Inspector General: 39% of IRS employees not reporting taxable income on long term travel allowances

    02/19/2014 5:42:50 AM PST · by SeekAndFind · 9 replies
    American Thinker ^ | 02/18/2014 | Thomas Lifson
    The mess at the IRS is worse than people realize, and a new report from the Treasury Inspector General for Tax Administration, Internal Revenue Service's Executive Long-Term Taxable Travel, reveals widespread flouting of rules, and underreporting of income by senior IRS officials. Such a pattern and practice on the part of those charged with supervising (and prosecuting failure of taxpayers to comply with) tax law is a major scandal. The Taxprof blog cites the relevant sections of the report: Per the Internal Revenue Code [§ 162(a)(2)] and the Revenue Ruling 93-86, an employee who performs a temporary duty travel assignment exceeding...
  • BREAKING: 100% of 501(c)(4) Groups Audited by IRS Were Conservative

    02/11/2014 7:33:05 PM PST · by Nachum · 94 replies
    The Gateway Pundit ^ | 2/11/14 | Jim Hoft
    Today Rep. Dave Camp (R-MI), the chairman of the House Ways and Means Committee, confirmed that 100% of the established 501(c)(4) groups the IRS selected for audit were conservative. But Obama says their was not a smidgen of corruption in the IRS. The Wall Street Journal reported: A Republican House committee chairman said the Internal Revenue Service targeted tax-exempt conservative groups for audits, widening the scope of GOP ire over the agency’s oversight of political activities. House Democrats pushed back, saying Republicans were seeking to use the IRS controversy to score political points with their conservative base in an election...
  • Congressman Tried to Shut Down a Tea Party Leader at Thursday’s Hearing

    02/07/2014 7:50:55 AM PST · by TurboZamboni · 26 replies
    the Blaze ^ | 2-6-14 | Becket Adams
    “After nearly 20 years of being in business,” Engelbrecht, said during the hearing, “and no agency coming to visit with us, the succession of agencies that have now come to us — for all manner of things — begs the question.” “Ms. Engelbrecht,” Jordan said, “in the first 20 years of business, did OSHA ever visit your place of business?” “No sir,” she responded. “Never once?” “No sir.” “After you filed the [tax-exempt application for King Street Patriots], OSHA visited then, right?” “Yes sir.” “In the first 20 years of business did the [Bureau of Alcohol, Tobacco, Firearms and Explosives]...
  • Audit the IRS!

    01/08/2014 7:24:17 AM PST · by SeekAndFind · 11 replies
    American Thinker ^ | 01/08/2014 | Cindy Simpson
    When certain unusual items pop up in the news that appear to point to a Democrat craftsman or underlying Big Government agenda, we're told that the events are merely isolated anomalies or coincidences that imply no such intentional design. An opposite assertion forms the basis of an argument for the Intelligent Design of the universe -- the "watchmaker analogy": a person finding a watch lying on the ground would naturally assume it was created not by accident or series of coincidences, but by the intentional craftsmanship of a watchmaker. In the world of politics, though, "coincidences" abound, and even if...
  • Op-Ed: The EU Auditors Report: A PA-EU Financial Scandal

    12/15/2013 11:16:38 PM PST · by Eleutheria5 · 5 replies
    Arutz Sheva ^ | 15/12/13 | David Singer
    European taxpayers are supporting a massive fraud. The European Union (EU) has become embroiled in a financial scandal of massive proportions in relation to the financial assistance given by it to the Palestinian Authority (PA) since 1994. This appears very clear from the comprehensive European Court of Auditors Report dated 22 October 2013 which was only made public this week. The Report reveals the following: .....
  • IRS goes after ObamaCare critic C. Steven Tucker, and South Carolina cancer patient

    12/03/2013 8:30:54 AM PST · by KeyLargo · 21 replies
    Illinois Review ^ | Dec 2, 2013
    Monday, December 02, 2013 IRS goes after ObamaCare critic C. Steven Tucker, and South Carolina cancer patient CHICAGO - One afternoon a few weeks ago, Chicago insurance broker and ObamaCare critic C. Steven Tucker happened to see a cancer patient tell Fox News' Megyn Kelly about losing his health care insurance policy. Tucker looked up the South Carolina resident on Facebook and offered to help him find health care coverage immediately, so his badly-needed cancer treatments could continue. Tucker and cancer patient Bill Elliott connected and Tucker was able to find Elliott the help he needed. Elliott publicly thanked Tucker...
  • Lose Insurance Under Obamacare, Speak Up, IRS Audits You

    11/29/2013 6:36:58 AM PST · by SeekAndFind · 47 replies
    American Thinker ^ | 11/29/2013 | Ethel C. Fenig
    It was tragic that Bill Elliot of South Carolina was stricken with cancer; reassuring that his excellent insurance covered his expensive but medically advanced treatment and he was doing well. And then came another tragedy--in the form of an elitist, totalitarian, Know It All Government, almost worse than the cancer. The Affordable Care Act, Obamacare, deemed Elliot's fine insurance policy unacceptable--probably because it didn't include maternity coverage--and offered him another policy with higher, "affordable" premiums that Elliot couldn't afford. As he told Megyn Kelly of Fox News, he didn't want to burden his family with the unaffordable affordable premiums so...
  • Cancer Patient Who Spoke Out Against ObamaCare Now Being Audited

    11/28/2013 2:24:18 PM PST · by SeekAndFind · 85 replies
    Frontpage Mag ^ | 11/28/2013 | Daniel Greenfield
    Bill Elliot was a cancer patient who lost his insurance due to ObamaCare and couldn’t pay the expensive new premiums. He was talking about paying the ObamaCare fine, going without health insurance and “letting nature take its course.”CLICK ABOVE LINK FOR THE VIDEO He went on FOX News where his story was picked up by C. Steven Tucker, a health insurance broker who helped him keep his insurance.Now suddenly Bill Elliot is being audited for 2009 with an interview only scheduled in April 2014. Assuming he lives that long. That might be a coincidence, but Tucker is being audited...
  • Behind the Pentagon’s doctored ledgers, a running tally of epic waste

    11/26/2013 11:54:52 AM PST · by JerseyanExile · 17 replies
    Reuters ^ | November 18, 2013 | Scot J. Paltrow
    For two decades, the U.S. military has been unable to submit to an audit, flouting federal law and concealing waste and fraud totaling billions of dollarsLinda Woodford spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense’s accounts. Every month until she retired in 2011, she says, the day came when the Navy would start dumping numbers on the Cleveland, Ohio, office of the Defense Finance and Accounting Service, the Pentagon’s main accounting agency. Using the data they received, Woodford and her fellow DFAS accountants there set about preparing monthly reports to square...