U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups.» Read More
WASHINGTON, May 22- Major U.S. trade legislation appears increasingly likely to clear Congress this year despite an intensely partisan atmosphere made worse by scandals plaguing President Barack Obama's administration.
*Former IRS chief says enforcement "very, very difficult". WASHINGTON, May 21- As they joined Republicans on Tuesday in bashing the Internal Revenue Service for targeting conservative groups that sought tax-exempt status, Senate Democrats had another target: the regulations that require the U.S. tax agency to weigh the political activity of such groups.
WASHINGTON, May 21- Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently and did not deliberately mislead lawmakers last year when they did not reveal the practice.
WASHINGTON, May 21- Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently and were not deliberately misleading lawmakers last year when they did not reveal the practice.
WASHINGTON, May 21- A U.S. Senate panel will try on Tuesday to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status.
Below are some of the major players in the backlash over the IRS paying extra attention to advocacy groups whose names included terms such as "patriot" or " Tea Party" when considering applications for tax-exempt status.
With a talking-point imbroglio after Benghazi, the IRS's discriminatory practices and the Justice Department's procurement of Associated Press phone records, the Obama administration and its allies are right to be worried. The past few years have proved that dysfunction in Washington has almost no effect on America's attractiveness to investors.
U.S. Attorney General Eric Holder said on Tuesday he had ordered the FBI to open a criminal probe in a growing scandal over the Internal Revenue Service's targeting of conservative political groups.
May 15- The ranks of lobbyists are growing in Washington again as Congress flirts with a possible overhaul of the complex U.S. tax code.
* "Insufficient oversight" led to problems at IRS- report. *Embattled acting IRS chief meets lawmakers.
*Embattled acting IRS chief Miller goes to Capitol Hill. The scandal has added to a sense of a White House under siege as President Barack Obama, who has promised to hold any IRS wrongdoers accountable, grapples with an array of domestic and foreign policy controversies that threaten his second-term agenda.
*Rubio calls for resignation of acting IRS chief. *IRS to be focus of congressional investigations. The scandal was ignited last Friday, when an IRS official revealed at a meeting of tax lawyers that the agency had inappropriately singled out Tea Party and other conservative groups for extra scrutiny of their claims for tax-exempt status.
WASHINGTON, May 13- President Barack Obama sought on Monday to neutralize two crises that threatened his second term agenda, calling the apparent targeting of conservative groups by tax officials "outrageous" and an uproar over his response to American deaths in Libya a "sideshow."
"These actions by the IRS are an outrageous abuse of power and a breach of the public's trust," Baucus said, referring to revelations that the IRS targeted Tea Party and other conservative groups for probes into their applications for tax-exempt status.
WASHINGTON, May 10- Two U.S. policymakers from opposite ends of the political spectrum on Friday said momentum is building for a top-to-bottom revamp of the tax code, but the biggest question is whether there is political will to get it done.
*Senate panel eyes international tax options in meeting. WASHINGTON, May 9- The political goal is the same as it was in the mid-1980s: grassroots support for an overhaul of the U.S. tax code. Senator Max Baucus, a Democrat, and Representative Dave Camp, a Republican, asks Americans to share their stories and ideas about tax reform.
WASHINGTON, May 9- The political goal is the same as it was in the mid-1980s- seed grass-roots support for an overhaul of the U.S. tax code- but the approach launched Thursday relies on email, not snail mail.
WASHINGTON, May 8- Just when you may have thought that federal tax policy was set- that January's "fiscal cliff" deal meant you could go about your financial life with multi-year certainty- Washington is again talking of comprehensive tax reform.
WASHINGTON, May 6- "Tax the other guy, not me!" Republican Dave Camp, chairman of the powerful tax-writing Ways and Means panel in the U.S. House of Representatives, commissioned the report. One supporter of the Cayman Islands, home to many offshore business ventures, commented on page 523: "Do not associate the Cayman Islands with tax evasion."
*Democrats worry as fall enrollment period draws near* Potential repercussions for Congress, Obama presidency* Frustration over lack of details on public outreach By David Morgan. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.