Rep. Matt Gaetz (R-Fla.) on Friday introduced a bill in the House to bar the Internal Revenue Service (IRS) from acquiring ammunition. The bill (pdf), known as the “Disarm the IRS Act,” stipulates that the IRS is “prohibited from acquiring ammunition” and “notwithstanding any other provision of law.” Reps. Marjorie Taylor Green (R-Ga.), Paul Gosar (R-Ariz.),…
Supreme Court Defies Tax-Hungry Biden Administration, Agrees to Hear Appeal Against Massive IRS Fines
The Supreme Court agreed on June 21 to hear an appeal from a Romanian-American businessman who was fined $50,000 for failing to file tax forms on time, but whose penalty ballooned to $2.72 million when an appeals court ruled the fine should be imposed based on the number of bank accounts he held, instead of…
US Says It Will Clear 2021 Tax Return Backlog This Week
WASHINGTON—The U.S. Internal Revenue Service on Tuesday said it would complete processing this week all the original, error-free 2021 individual tax returns received last year, clearing a backlog of 8 million returns, but the agency still faces major challenges. The IRS said it has processed more than 143 million returns received in 2022, providing over…
If the IRS Calls, Don’t Answer: Don’t Get Hooked by Common Scams
Every year, various types of scams make their appearance. Scammers successfully steal millions of dollars annually through cleverly designed efforts to fool the unaware. Since COVID-19, the IRS has sent out multiple warnings that scammers are more active than ever. Recently, the IRS warned consumers to beware of three types of scams. If you’re waiting…
Zuckerberg’s Tax-Exempt Grants to 2020 Election Politically Benefited Democrats: David Horowitz
Tax-exempt donations from Meta Platforms CEO Mark Zuckerberg, made with the stated intention to make the 2020 election safe in the midst of the pandemic, came “with strings attached,” said David Horowitz. The focus was to expand mail-in voting and ballot drop boxes primarily in Democratic-dominated areas. Zuckerberg and his wife, Priscilla Chan, donated more than…
IRS ‘Under Siege,’ Yellen Says, Needs $80 Billion to Beef up Tax Work
WASHINGTON—Treasury Secretary Janet Yellen on Tuesday urged Congress to approve $80 billion in funding for the Internal Revenue Service to help the agency reduce a huge backlog of tax returns and allow it to go after $600 billion in unpaid tax bills. “The IRS is under siege. It is suffering from huge underinvestment,” Yellen told…
IRS Warns American Taxpayers to Remain Vigilant to Ongoing COVID-19 Fraud
The Internal Revenue Service (IRS) warned American taxpayers on Monday that scammers are still using the COVID-19 pandemic stimulus funds to steal people’s money and identity, and called on taxpayers to stay vigilant to such criminal activities. In a bulletin, the IRS said that criminals are using stimulus payments, or economic impact payments (EIPs), as well as unemployment information and…
David Horowitz: Zuckerburg’s Outpouring of Money to ‘Fix’ the Election Was Ignored by the IRS
Ahead of the 2020 elections, which saw Joe Biden take the seat of president, the founder of Facebook, Mark Zuckerberg, poured hundreds of millions of dollars into the election. This money went to organizations and individuals with clear political bias, and financed some of the key systems that are suspected of fraud. According to David…
[Premiering at 7:30PM] David Horowitz: Zuckerburg’s Outpouring of Money to ‘Fix’ the Election Was Ignored by the IRS
Ahead of the 2020 elections, which saw Joe Biden take the seat of president, the founder of Facebook, Mark Zuckerberg, poured hundreds of millions of dollars into the election. This money went to organizations and individuals with clear political bias, and financed some of the key systems that are suspected of fraud. According to David…
Biden Admin Makes Record Tax Haul With Boost From Meme Stocks, Corporate Profits
The Biden administration has made a record tax haul so far this fiscal year partly on the strength of the meme stock mania and surging corporate profits, government data show, prompting the Treasury Department to scale back its debt sales. Treasury Department data through May 6, 2022 (pdf) show that tax collections since the start…
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