April 15, 2013

But taxes are for the little people

A D.C. two-fer. First, from the District of Columbia FOX News affiliate:
D.C. one of the most likely places for potential tax cheats
Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles.

You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia.

A new study by the National Taxpayer Advocate used confidential IRS data to show large clusters of potential tax cheats in these five metropolitan areas. The IRS uses the information to target taxpayers for audits.
Second, from The Washington Post:
House bill would fire tax-delinquent federal workers
The House this week is scheduled to vote on two bills that would block federal employees, job candidates and contractors from working for the government if they owe back taxes.

One measure, sponsored by Rep. Jason Chaffetz (R-Utah), would require federal agencies to fire employees and reject potential hires with �seriously delinquent� tax debt, meaning those who have been hit with a tax lien. Democrats opposed that bill when it was considered by the House Oversight and Government Reform Committee last month.

A second measure, also sponsored by Chaffetz, would prohibit federal agencies from awarding large contracts and grants to contractors who are not tax-compliant. That bill passed the committee with bipartisan support.
Why would the Democrats block this bill? Ask Timothy Geithner. If I were king? Flat tax. Penalties for overseas accounts. Posted by DaveH at April 15, 2013 4:52 PM