Free Republic

<p>DES MOINES, Iowa – More than 200,000 small nonprofits across the nation are days away from losing their tax-exempt status because they haven't filed a new form with the Internal Revenue Service.</p> <p>Many of these groups already operate on razor-thin budgets and some worry an unexpected tax bill could force organizations to close.</p>

Note Video included at article link. SNIPPET: "(CNSNews.com) - The Internal Revenue Service has launched a new global program to target what it calls “high wealth individuals,” IRS Commissioner Douglas Shulman said Monday. “Through our new global high wealth operating unit we are taking a unified look at the entire web of business and economic entities controlled by high wealth individuals so we can better assess the risk such arrangements pose to tax compliance,” Shulman said at the National Press Club on Monday. Shulman said the IRS is using “our robust and evolving enforcement program that ensures that everyone pays...

The health care reform bill to be signed Tuesday by President Obama would give the IRS a new mandate to enforce some of the initiative's key provisions — but apparently not the means to do so. Under the Senate bill approved Sunday by the House, the Internal Revenue Service would be called on to ensure Americans are obtaining health care insurance and businesses are offering it, or else they could face fines. Many would receive subsidies to help pay for insurance. snip It will cost the IRS $5 billion to $10 billion over 10 years to handle the new workload,...

Top IRS officials have been working with Democrats on Capitol Hill to determine how the agency will enforce President Obama’s new health care law. Republican lawmakers estimate the legislation will require the hiring of many thousands of new tax enforcement agents. While it’s still not known exactly how many will be hired, here’s what’s clear: Under the new law, the IRS is required to fine taxpayers thousands of dollars if they do not purchase health insurance. In order for the government to enforce compliance, tax authorities will need information, for the first time, about people’s health care. Collecting that data...

A report on the New York Post website yesterday reports the IRS may hire as many as 16,000 new agents. This is alleged by Republicans on The House Ways and Means committee. Under the Obama plan the IRS would be given new powers of enforcement. The IRS will be given the charge to see every American has “acceptable” health insurance. If your plan is not acceptable the IRS may be able to withhold your income tax return and or levy fines due to your non compliance. Everyone under the Obama plan will be required to purchase insurance. If you can’t...

“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” -- C. S. Lewis (1898 – 1963) The Internal Revenue Service (IRS) will see its largest expansion since withholding taxes were first enacted during WWII to enforce...

Internet sellers who don't report their sales will no longer be under the radar. Starting next year, any bank or other payment settlement company that processes credit cards, debit cards, and electronic payments such as PayPal will have to issue information returns telling the IRS what merchants receive. The new returns are Form 1099-K, Merchant Card and Third-Party Payments. Purpose of Reporting The IRS believes that many online sellers fail to report their transactions. Some don't report because they mistakenly believe that Internet sales are invisible. Others do so because they are trying to evade taxes. The IRS has found...

The Internal Revenue Service (IRS) intends to purchase sixty Remington Model 870 Police RAMAC #24587 12 gauge pump-action shotguns for the Criminal Investigation Division. The Remington parkerized shotguns, with fourteen inch barrel, modified choke, Wilson Combat Ghost Ring rear sight and XS4 Contour Bead front sight, Knoxx Reduced Recoil Adjustable Stock, and Speedfeed ribbed black forend, are designated as the only shotguns authorized for IRS duty based on compatibility with IRS existing shotgun inventory, certified armorer and combat training and protocol, maintenance, and parts.

The IRS Is Looking For 60 12-Gauge Pump Actions Guns To Arm Its Investigators Courtney Comstock Feb. 3, 2010, 12:56 PM Working for the IRS doesn't sound so wimpy anymore. The IRS apparently has plans to buy 60 Remington Model 870 police 12 gauge pump action shotguns for the Criminal Investigation Unit. According to the federal business government website, these guns are serious. The Remington parkerized shotguns come fully loaded with: * A fourteen inch barrel * Modified choke * Wilson Combat Ghost Ring rear sight * XS4 Contour Bead front sight * Knoxx Reduced Recoil Adjustable Stock * Speedfeed...

The Internal Revenue Service said it will start regulating tax preparation companies for the first time. Tax preparers will have to register with the federal government and company employees will have to pass competency tests and stay up to date on tax laws by taking 15 hours of classes every year, the IRS announced Monday.

Not only does the Democratic health care bill include tax hikes, as reported by Americans for Tax Reform, it also would expand the role of the Internal Revenue Service. From Kaiser Health News: Under the proposed health care legislation, they would get another assignment: checking to see whether Americans have health insurance. The House and Senate bills require most Americans to have health insurance and to prove it on their annual federal tax return. Those who don’t would pay a penalty to the IRS.

WASHINGTON (Reuters) - A new Internal Revenue Service unit set up to catch rich tax cheats hiding their wealth in complex business entities is rapidly taking shape with the hiring of hundreds of employees..... President Barack Obama has proposed tightening tax rules for U.S. multinationals, including one in which companies delay paying taxes on income earned offshore, a legal practice known as deferral that officials say is abused.... "With any new thing, you never want to be the guinea pig," Mary Lou Fahey, general counsel for the Tax Executive Institute, comprised of business executives, said.

The Internal Revenue Service has told members of the Coalition for Life of Iowa they would have to give up their 1st Amendment rights in order to be recognized as a non-profit organization, according to a complaint being pursued by members of the Thomas More Society. The organization incorporated in 2004 as a not-for-profit under Iowa law and has been operating strictly within the guidelines for groups set up for religious, educational and charitable purposes, a letter sent to the IRS last week said. "As detailed in its … narrative, the Coalition for Life carries out its tax-exempt work by...

WASHINGTON (MarketWatch) - Thousands of Americans who thought they had a secret Swiss bank account will have their names and account details given to the U.S. Internal Revenue Services under an agreement announced Wednesday among U.S. and Swiss authorities and the Swiss bank UBS. The IRS said Americans would no longer be able to evade taxes so easily by hiding their assets in offshore accounts.The agreement comes as U.S. tax authorities conduct a criminal investigation into Americans who used Swiss bank accounts at UBS AG to avoid paying U.S. taxes. The settlement follows demands from the U.S. authorities that the...