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Former IRS commissioner withdraws bid to join CBOE board
ReutersCHICAGO, May 21 (Reuters) - A former U.S. Internal Revenue Service commissioner has withdrawn his bid to join CBOE Holdings Inc's board of directors as he faces fire for the agency's targeting of conservative groups for extra tax scrutiny. Douglas...Tags: Taxation, Elections, U.S. Congress, Board of Directors, Politics
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NY art dealer tied to forgeries charged with tax fraud
Reuters* Art dealer charged with hiding income from art sales * Prosecutors say many works that were sold were forged * Dealer said to sell works by de Kooning, Pollock, Rothko By Jonathan Stempel NEW YORK, May 21 (Reuters) - Federal prosecutors on Tuesday...Tags: Fine Arts, Lawyers, Arts and Culture, Jackson Pollock, Arts
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Former IRS commissioner 'dismayed' by inspector general's report
WASHINGTON -- The former top official of the Internal Revenue Service told senators Tuesday he was “dismayed and saddened” by an inspector general’s report detailing how, during his tenure as IRS commissioner, the agency...
Tags: Taxation, U.S. Congress, Max Baucus, Tea Party Movement, Orrin Hatch
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Ex-IRS commissioner withdraws bid for CBOE board seat
Tribune reporterCBOE Holdings Inc. said former IRS Commissioner Douglas H. Shulman has withdrawn his bid for election to the company's board days before its annual meeting as he prepares to testify before Congress about allegations that the IRS targeted conservative...Tags: Taxation, Elections, U.S. Congress, Companies and Corporations, Annual and Special Corporate Meetings
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RPT-IRS officials back on Capitol Hill hot seat over targeting
Reuters(Repeats with no changes to text) * Former IRS head Shulman to give first public testimony * Lawmakers seek specifics about who knew of practice, and when By John Whitesides WASHINGTON, May 21 (Reuters) - A U.S. Senate panel will try on Tuesday to pry...Tags: U.S. Congress, U.S. House of Representatives, Tea Party Movement, Orrin Hatch, Immigration Reform Legislation (2013)
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IRS official to assert Fifth Amendment right at U.S. House hearing
ReutersWASHINGTON, May 21 (Reuters) - Lois Lerner, the Internal Revenue Service official who revealed the agency was giving extra scrutiny to conservative groups seeking tax-exempt status, will assert her constitutional right not to answer questions to a...Tags: U.S. Congress, U.S. House of Representatives, Darrell E Issa
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Lew: IRS actions "inexcusable" and urges acting director to hold people accountable
AP Economics WriterWASHINGTON (AP) — Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable. Lew told...Tags: Taxation, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Washington, DC, Jack Lew, Politics
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2 W.Va. staffing agency executives plead guilty to federal tax evasion charges
CHARLESTON, W.Va. (AP) — Two staffing agency executives have pleaded guilty to federal employment tax evasion charges. U.S. Attorney Booth Goodwin says 60-year-old Daniel Hovis and 63-year-old Janice Hensley each pleaded guilty Tuesday in federal...Tags: Punishment, Trials
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U.S. Democrats call for controls on tax-exempt groups at IRS hearing
Reuters* Senators put focus on "loophole" for political activity * "There are two scandals here," Senator Menendez says * Former IRS chief says enforcement "very, very difficult" By Gabriel Debenedetti and David Lindsey WASHINGTON, May 21 (Reuters) - As they...Tags: Karl Rove, Elections, Interior Policy, U.S. Congress, Tea Party Movement
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Reuters World News Highlights 2200 GMT May 21
ReutersTOP STORIES ----------- MOORE - Rescuers went building to building in search of victims and thousands of survivors were homeless on Tuesday, a day after a massive tornado tore through a suburb of Oklahoma City, wiping out whole blocks of homes and...Tags: Raytheon Company, National Government, U.S. Congress, Moscow (Russia), John Kerry
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IRS official will refuse to answer questions at U.S. House hearing
ReutersWASHINGTON (Reuters) - Lois Lerner, an Internal Revenue Service official who revealed that the agency was giving extra scrutiny to conservative groups, will assert her constitutional right not to answer questions from a congressional committee on...Tags: U.S. Congress, Lawyers, Tea Party Movement, U.S. House of Representatives, Barack Obama
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WRAPUP 1-U.S. tax official at center of scandal won't testify -lawyer
ReutersBy Kim Dixon WASHINGTON, May 21 (Reuters) - Lois Lerner, the Internal Revenue Service official at the center of a scandal about the targeting of conservative groups for extra tax scrutiny, plans to assert her constitutional right not to answer...Tags: U.S. Congress, Tea Party Movement, Immigration Reform Legislation (2013), U.S. Department of the Treasury, U.S. Senate
May 21, 2013
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Original site for Internal Revenue Service topic gallery.