Articles
Google lowered 2015 taxes by $3.6 bn using ‘Dutch Sandwich’
Alphabet Inc.’s Google saved $3.6 billion in worldwide taxes in
2015 by moving 14.9 billion euros ($15.5 billion) to a Bermuda
shell company, new regulatory filings in the Netherlands reveal. Read More.
IRS Agents Rented Million-Dollar Townhomes, Spent Hundreds of
Nights in Luxury Hotels Last Year
Taxpayers paid for “excessive and inappropriate” lodging and
travel costs, including for one employee who managed to travel
381 days of the year. Read More.
Make Taxes Fair Again
Yes, Mr. Trump can #MAGA-MakeAmericaGreatAgain but only if we
#MTFA-MakeTaxesFairAgain. Read More.
The FAIRtax Is Not “Regressive”
Socrates, the great Greek philosopher is credited with saying,
“The beginning of wisdom is the definition of terms.” Read More.
Why Have A Tax System?
In all the musings about tax reform, an often overlooked question
is “What is the fundamental purpose of our tax system?” Read More.
A Time For Choosing
Seldom in a lifetime does circumstance collide with opportunity
to provide such an occasion for fundamental change. We are in one
of those times. Read More.
Hatch report finds ‘troubling’ IRS spending on long-term travel
More than two dozen IRS employees traveled for more than half of
fiscal 2015, incurring total costs of more than $1.4 million,
according to a report from the staff of Senate Finance Committee
Chairman Orrin Hatch (R-Utah). Read More.
Coinbase Customer Files Motion To Block IRS From Accessing User
Info
The “John Doe” summons seeks to identify all United States
Coinbase customers who transferred convertible virtual currency
from 2013 to 2015. Read More.
House Republicans accelerate efforts on tax reform bill
Republicans in the U.S. House of Representatives are accelerating
efforts to craft a sweeping tax reform bill for 2017 and looking
at ways to smooth the transition to a new tax system for some
businesses, the House Republican tax chief said on Wednesday. Read More.
House Republicans derail impeachment effort against IRS
commissioner
Republican leaders managed to derail impeachment of IRS
Commissioner John Koskinen on Tuesday, forcing the debate back to
a committee for more study, where it will die when Congress
adjourns at the end of this year. Read More.
Americans Are Paying Apple Millions To Shelter Overseas Profits,
Thanks To I.R.C. § 956(c)(2)
Over the years, Apple Inc. has become the poster child for U.S.
multinationals accused of sheltering overseas profits to avoid
the IRS. What’s gone largely unnoticed is that it’s been paid
more than half a billion dollars by the U.S. government to do
just that. Read More.
Ho! Ho! Oh no! IRS warns people that their refunds could be
delayed as holidays approach
Attention holiday shoppers: You might not be able to count on
receiving a federal tax refund in January to pay for those gift
bills. Read More.
The IRS Scandal, Day 1302: The ‘Corrupt’ IRS Is Still Persecuting
The Tea Party
A “corrupt” Internal Revenue Service still is shooting down
advocates for conservative causes, especially if they have the
words “tea party” in their names, even though courts have told
the bureaucrats to stop. Read More.
IRS extends deadline for mailing 1095 forms
IRS Notice N-2016-70 has extended the deadline for mailing the
2016 reporting year 1095 Forms from January 31st, 2017 to March
2nd, 2017. Read More.
Trump faces potential decision on IRS
President-elect Donald Trump could face a decision that may
affect whether his tax returns will continue to be audited
throughout his four-year term of office. Read More.
