Free Republic

Let's take a break from Obamacare, shall we? Here’s big news: Turbo-Tax Timmy is definitely NOT going to replace the Bernanke as Chairman of the Federal Reserve. My that was good! I wonder what the private sector has to offer? He wanted to make some real money, so instead of just picking up another federal pension he’s going to go to work for Warburg Pincus LLC starting next spring! Right after the release of the book he’s been working on, “How I Saved Wall Street the Whole World from Financial Collapse with Your Tax Dollars.” Butt wait: Warburg Pincus? Aren’t...

A woman who was given a $2.1million tax refund after filing a false claim went on a massive spending spree until she was caught. Krystle Marie Reyes was only caught after she reported the Visa card containing the seven figure sum had been lost. By that time she had already spent more than $150,000, including buying a car and other household items. The 25-year-old from Salem, Oregon, had used Turbo Tax to file her income tax return for 2011. She claimed earnings of $3million but used the tax calculator programme to claim a refund of $2.1million, Oregon Live reported. Due...

Let’s stipulate: Activists on the left are free to exercise their rights of speech and assembly to boycott businesses whose politics they oppose. Conversely, activists on the right are free to exercise the power of their pocketbooks and refrain from supporting businesses that shun their values. So, what are you waiting for, conservatives? There are coordinated shakedowns taking place right now that involve some of America’s most prominent companies who’ve chosen to surrender to progressive bullying and race-card opportunism. Silence is complicity. On Tuesday, McDonald’s told liberal magazine Mother Jones that the company had “decided to cut ties with ALEC,...

Either he is a pathological liar or he is a clueless dolt.. Which one is it? I am terrified of this administration.

Don't you dare criticize the world's most perfect celebrity — or his charitable schemes.Wow. I make a living taking on corrupt unions and incompetent politicians, but I’ve never experienced the kind of vitriol like what I’ve received criticizing U2 lead singer Bono for his tireless and tiring political activism.The article in question, originally published in the Baltimore Sun, prompted representatives from Bono’s non-profit ONE campaign to pester the Sun, challenging me (unsuccessfully) on the facts. Now Maryland Senator Ben Cardin (D) is attacking me for daring to challenge St. Bono and the efficacy of ONE. Cardin accuses me of spreading...

Geithner’s explanation of the administration's small-business tax plan came in an exchange with first-term Rep. Renee Ellmers (R.-N.C.). Ellmers, a nurse, decided to run for the U.S. House of Representatives in 2010 after she became active in the grass-roots opposition to President Barack Obama’s proposed health-care reform plan in 2009. “Overwhelmingly, the businesses back home and across the country continue to tell us that regulation, lack of access to capital, taxation, fear of taxation, and just the overwhelming uncertainties that our businesses face is keeping them from hiring,” Ellmers told Geithner. “They just simply cannot.” She then challenged Geithner on...

WASHINGTON (CNNMoney.com) -- Treasury Secretary Tim Geithner told lawmakers Thursday that the U.S. and other nations are prepared to tap back-up oil reserves if Libya unrest continues and severely disrupts oil supplies. Libya is the first oil exporting nation to be engulfed in the political upheaval spreading across North Africa and the Middle East, and investors have been worried that chaos in the region will drive crude prices even higher. Price spikes have followed increasingly violent protests in Libya that have claimed more than 1,000 lives, according to the United Nations. Libya's ambassador to the United States has estimated the...

*snip* Fern Stephens, a revenue officer at the Internal Revenue Service, is being charged by the U.S. Attorney's office for stealing more than $160,000 in unclaimed tax funds from 12 taxpayers, according to federal court documents. *snip* Stephens also allegedly took advantage of her position in the IRS to put in fake tax refund requests and transfers in an IRS computer system so the money would go right back to her or relatives and friends.

Tim Geithner Warns: The US Is At Risk Of A 1930s Repeat Joe Weisenthal Sep. 12, 2010, 9:11 PM If the government become paralyzed -- as is arguably the case already, and is clearly a serious risk should the GOP take over -- the US risks a 1930s-like scenario. At least according to Tim Geithner. That's the standout quote from an interview in the WSJ: [The] typical error most countries make coming out of a financial crisis is they shift too quickly to premature restraint. You saw that in the United States in the 30s, you saw that in Japan...

Over the years a lot of suspicion has built up across the country about Washington and its population of opportunistic transients coming to see themselves as a special kind of person, somehow above average working Americans who don't work down in that former swamp. Well, finally, an end to all those undocumented doubts. Thanks to some diligent digging by the Washington Post, those suspicions can at last be put to rest. They're correct. Accurate. Dead-on. Laser-guided. On target. Bingo-bango. As clear as it's always seemed to those Americans who don't feel special entitlements and do meet their government obligations. We...

It’s April 20. Which means that, in addition to taking the day off to smoke weed, you filed your tax return last week. On both fronts, you’re feeling pretty good. On the former, your clients will totally understand that you can’t get to that filing because you’re busy munching almond M&Ms and watching Wizard of Oz synched to the Dark Side of the Moon (again). And on the latter, well, TurboTax says you get a refund. And nothing ever ever goes awry with TurboTax, right? Well, not exactly. Mistakes do get made while using the popular software program. And when...

Twitter.com/turbotaxBrilliant PR move, hey, let's alienate half the country!...Via HotAirPundit

Biggovernment has presented an explosive story related to AIG and The NY Fed in which the claim is made that the trust agreement that established AIG's "grab" by The NY Fed was in fact outright unlawful: This afternoon on Secure Freedom Radio we announced a breaking news story concerning the Administration’s ongoing cover-up of AIG financial wrong-doing. In an interview with David Yerushalmi, senior litigator on the Murray v. Geithner et al lawsuit, we expose possible fraud, money-laundering and criminal activity. Money laundering?! I looked at the source document folks - and while most of it looks ok, there's one...

I wanted to alert everyone here that TurboTax 2009 is going to attempt to grab your income tax data for unlimited nefarious use by themselves and their partners. Here's how: I've sent the following information to the IRS via mailed Form 3934A, emailed via complaints@tigta.treas.gov, to ripoffreport.com and to the Journal's Walter Mossberg: January 24, 2010 Internal Revenue Service Fraud Department Internal Revenue Service Fresno, CA 93888 To Whom It May Concern, Each year Intuit comes up with a new ripoff scheme for TurboTax. I think they must be doing it for publicity purposes at this point, because no one...

Dec. 18, 2002, 4:57PM Six have unpaid bills ranging from 10 cents to $35,731 By STEVE BREWER Copyright 2002 Houston Chronicle Some of the people so adept at spending your tax dollars are considerably less proficient at paying their own. A recent Chronicle review of delinquent tax rolls turned up judges, state legislators, constables and other public officials owing tax bills from 10 cents to more than $35,000. Some officials paid up soon after being questioned about the delinquencies. Others promised to do so soon, and some questioned the accuracy of the records showing their debt. "How do public officials...

The government’s watchdog over the bank bailout program is criticizing Treasury Secretary Timothy Geithner’s handling of one of the most sensitive moments of last year’s financial meltdown, questioning decisions he made while heading up the New York Federal Reserve Bank. The new report criticizes the New York Fed’s decision in the fall of 2008 to bail out insurance giant AIG by covering its clients’ losses, sending tens of billions in taxpayer dollars to overseas banks.

Video at site We had professor William Black on TechTicker this morning. A former regulator who handled the S&L resolution, Prof. Black remains appalled at how this latest round of bailouts has been handled. Case in point? CIT Group. Once again, the white knight who stepped in to save the company--the U.S. taxpayer--gets completely hosed. It didn't have to be this way, says Prof. Black. And the man responsible is Treasury Secretary Tim Geithner. Peter Gorenstein: Another one of the nation's largest lenders has filed for bankruptcy. On the brink for months, CIT filed for Chapter 11 protection on Sunday....

For the eighth consecutive year, New Yorkers made the top 10 list of cities with the most online-tax-filing procrastinators. New York City came in third in last year's tally of TurboTax online filers, following San Francisco and Houston. That's a drop from the No. 2 position the year before. What might have been at play in earlier years? "Technology makes it easier for you to procrastinate," said Julie Miller, TurboTax director of corporate communications. She pointed out that taxes can be done in a couple of hours online and there's not even a need to stand in line at the...

Geithner Links Woes to Tax Software Used by 18 Million Americans President Obama's pick for treasury secretary may want to take a refresher course in using the program TurboTax. FOXNews.com Thursday, January 22, 2009 Timothy Geithner is well on his way to being confirmed as treasury secretary after an 18-5 Finance Committee vote on Thursday to forward the recommendation to the full Senate, but his supporters may want to advise him to double check his automated tax returns before submitting them. Geithner cited the software program TurboTax in testimony before the Finance Committee Wednesday, saying he failed to include self-employment...

Consider the following from the sources: http://abcnews.go.com/Business/Economy/story?id=6691508&page=1 Geithner said he used Turbo Tax to prepare his faulty returns but told the committee "these mistakes were my responsibilities, not the software I used." Then this quote from this source: http://townhall.com/blog/g/864948ff-db13-40cc-863a-4cce12813010 "He was paid in an unusual way by the IMF and his accountant gave him bad advice. When the IRS caught the error, Geithner did not apply that lesson to earlier years. He has now paid the money owed."