Rough week for IRS Commish…

IRS Commissioner, John Koskinen is having a rough week. He was threatened with contempt of court charges for failure to comply with a previous court order to release recovered emails related to the Lois Lerner scandal. Earlier in the week Rep. Jason Chaffetz, chair of the House Oversight Committee wrote a letter to President Obama requesting that he be removed from office for failure to cooperate with their ongoing investigation into the same subject.

IRS hangs up on 8.8 million callers

The recent annual report from the taxpayer advocate to congress states that IRS hung up on 8.8 million callers seeking assistance during the tax filing season. If you are one of those frustrated taxpayers who couldn’t get through, I’m sure you will be pleased to know that the IRS uses the term “courtesy disconnect” to refer to your call. Doesn’t it feel good to know that they didn’t just hang up on you?

Hillary’s tax plan

Since I posted a couple of months ago about Rubio’s tax plan, I thought I would post on Clinton’s plan that she was set to reveal in a major economic speech this morning.  Unfortunately, I couldn’t find her tax plan in the speech.  She bashed Republicans, criticized evil international corporations who make money in other countries avoiding US taxes, and spoke of fairness and equality.  She did say she wanted to change the tax code to encourage profit sharing.  Provisions already exist in the tax code providing for corporate profit sharing with employees.  She did not elaborate on what changes she would propose.  Here is a quote from her speech  “I believe we have to build a growth-and-fairness economy. You can’t have one without the other,”  If you can find a tax plan in her speech, let me know.  I will follow up to see if any details come out in later speeches.

IRS impersonator sentenced to 14 years

Sahil Patel was the ringleader of what the IRS called the largest impersonation scam in the agencies history. Although this group of scammers was shut down at the end of 2013, there are many others out there operating similar scams, trying to scare people into giving them money and/or personal information. For more information here’s an article on the subject or you can go to irs.gov.