More evidence that preparers are out of control and need IRS employees to keep an eye on them: 24 IRS Employees Indicted for Theft of Government Benefits (TaxProf).
24 current and former employees of the Internal Revenue Service have been charged for crimes relating to fraudulently obtaining more than $250,000 in government benefits.
Thirteen of the current and former IRS employees have been charged federally with making false statements to obtain unemployment insurance payments, food stamps, welfare, and housing vouchers. All thirteen, individually charged in separate indictments, are alleged to have falsely stated that they were unemployed while applying for or recertifying those government benefits.
They may have been right about being unemployed, just wrong about the timing.
We have to show the government our returns, so it’s only fair: Iowa Gov. Branstad plans to show income tax returns to reporters (AP)
Howard Gleckman, What Ever Happened to State Tax Reform? (TaxVox)
Kay Bell, Obama’s 2012 effective tax rate was 18.4 percent; Now what do your members of Congress pay in taxes? Make them do their returns on a live archived webcast, with a rolling comment bar.
Peter Reilly, How Not To Care About IRS E-mail Snooping
Patrick Temple-West, Tax extension after Boston attack, and more (Tax Break)
TaxGrrrl, So You Missed Tax Day, What Next?
Andrew Mitchel, Code §911 Foreign Earned Income Exclusion – Adverse Conditions
Freakonomics Blog, The History of Taxes
Megan McArdle, Our Tax Code is Too Complicated. Here’s How to Simplify It. “Get rid of the corporate income tax. It’s not worth it, and there are better ways to collect the money.”
Trish McIntire, You Need the Numbers Before You Do the Return
Scott Drenkard, Perry Calls for Reforms of Texas’ Margin Tax (Tax Policy Blog). It could use it.
Christopher Bergin, It Just Isn’t Fair (Tax.com):
The headline producing data in the report was that revenue loss – about $181 billion – from corporate tax expenditures in 2011 was “approximately the same size as the amount of corporate income tax revenue the federal government collected that year.” That makes a headline grabber; here would be my version: “Corporations Got More in Tax Breaks Than They Paid in Taxes, Government Says.”
It’s almost like the tax exists only so the politicians can carve loopholes for their friends.
Indeed. It’s Rarely a Good Sign When a Tax Prep Business Closes Its Doors Three Days Prior to April 15th (Going Concern)
Just plead “miseducation” and leave it at that. Lauryn Hill asks judge for leniency in upcoming tax evasion sentencing claiming she failed to file taxes due to threats and withdrawal from society (dailymail.com.uk)
Jack Townsend, Bank Frey Executive and Swiss Lawyer Indicted
Me too. Tax Season 2013: Mostly Unpleasant, And I’m Glad It’s Over (Jason Dinesen)
Robert D. Flach returns! THAT WAS THE TAX SEASON THAT WAS 2013
Me: Back to work.
News you can use. Hone your corporate tax evasion skills (Boston.com)
Tags: Andrew Mitchel, Anthony Nitti, Christopher Bergin, Freakonomics, Going Concern, Howard Gleckman, Jack Townsend, Janet Novack, Jason Dinesen, Jeremy Scott, Kay Bell, Lauryn Hill, maule, megan mcardle, Patrick Temple-West, Peter Reilly, Robert D Flach, Russ Fox, Scott Drenkard, tax crime, TaxGrrrl, Trish McIntire, William Perez