IRS Warns Of 50% Penalty For Failing To Make Retirement Withdrawals
Failure To Comply With Required Mandatory Withdrawals From Retirement Accounts Could Result In A 50% Excise Tax On The Amount Distributed, According To The IRS.
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IRS
Department Of Justice Cracks Down On Public Officials Involved In COVID Relief Fraud
Authorities Are Rounding Up Public Officials Who Fraudulently Obtained COVID Relief Funds And Used Them For Personal Purchases. They Estimate That Nearly $80 Billion Of The $800 Billion That Was Given To Individuals Who Used The Money To Pay For Vacations, High End Houses, And Luxury Cars.
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Senators File Bill To Restrain IRS Ahead Of Plan To Hire 87,000 Employees
U.S. Sen. Roger Marshall Has Introduced Two Bills To Restrain The Internal Revenue Service Ahead Of The Agency’s Planned Expansion.
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TN’s 5th Congressional District Race Between Ogles, Campbell Will Take Spotlight on Nov. 8
Of Tennessee’s Nine Congressional Seats On The Upcoming Nov. 8 Ballot, The One Expected To Get The Most Attention Statewide Is The Newly Drawn 5th Congressional District Including Some Of Nashville. Republican Andy Ogles, The Maury County Mayor, Is Taking On Sen. Heidi Campbell, D-Nashville, In A Contest Of Contrasting Ideologies.
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Republican Leadership Pledges To ‘Repeal’ IRS Auditor Expansion If GOP Wins Majority
President Joe Biden Sparked Controversy For Pushing Through Congress Increased Federal Funding For 87,000 New IRS Employees To Audit Americans, But Republican Leadership Has Pledged To Overturn That Expansion If They Win The Majority.
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Why I Voted “Heck No” On The Inflation Expansion Act [Op-ed by Congresswoman Diana Harshbarger]
Earlier This Month, Washington Democrats Rushed H.R. 5376 For A Vote, A Socialist Scheme Chock Full Of Economy-Crushing Measures. They Even Used Your Federal Taxes As Payment For All The Airfare And Travel Costs Necessary To Reconvene Congress For A Single Vote In A Mad Dash To Advance It Before Americans Could Fully Realize What Was In It.
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Americans Expect Beefed Up IRS To Target Political Opponents, Audit Lower And Middle Class Americans
More Americans Believe The Latest Legislation To Hire 87,000 Internal Revenue Service Agents Is Part Of A Plan To Audit Middle And Lower Class Americans And Small Businesses Than To Target Corporations And Wealthy Americans, According To A New Poll.
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Biden Signs $740 Billion Climate, Tax And Health Care Bill Into Law
President Joe Biden Signed A $740 Billion Spending Package Into Law Tuesday, The Final Step For The Green Energy, Health Care And Tax Hike Bill After Months Of Wrangling And Controversy, In Particular Over The Legislation’s Hiring Of 87,000 New IRS Agents To Audit Americans.
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U.S. House Passes $740B Green Energy, Health Care Package That Also Expands IRS
The U.S. House Passed A $740 Billion Package Friday That Raises Taxes On Large Businesses, Funds Green Energy Initiatives, Allows The Federal Government To Set Caps On Certain Prescription Drugs, And Doubles The Size Of The Internal Revenue Service To Expand Audits.
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Amendment Proposed To Democrat’s Spending Plan To Hire More Border Patrol, ICE Agents Instead Of IRS Agents
U.S. Rep. Ted Budd, R-N.C., Has Proposed An Amendment To The Democrats’ $740 Billion Inflation Reduction Act To Redirect Funding Currently Allocated To Hire 87,000 New IRS Agents To Instead Hire At Least 20,000 More Border Patrol And ICE Agents.
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