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Archive for October 29th, 2013

DC’s “Twilight Zone” Finances

Posted by taxguru on October 29, 2013

NewsBusted had some good stabs at the insane financial policies that are GAAP (generally accepted accounting principles) in the other worldy planet of Washington DC.

 

 

These clips were taken from the following episodes:

October 29, 2013

October 22, 2013

 

Posted in NewsBusted | Comments Off on DC’s “Twilight Zone” Finances

How will IRS do as ObamaCare enforcer?

Posted by taxguru on October 29, 2013

Byron York can expect an IRS audit notice for pointing out these shortcomings by the agency that will soon have much more power over our lives.

 Arrival of Obamacare puts focus on IRS tax-credit scandal 

 

IRS tax-credit scandal a bad omen for Obamacare

 

 

IRS pays illegals $4.2 billion while stalling tea parties  –  They have their agenda.

 

Rush Limbaugh is used to heavy IRS harassment; so he had no hesitation in providing this explanation of how to avoid the penalties for not buying the mandated health insurance.  The one flaw in Rush’s strategy is the assumption that IRS will obey this aspect of the 2,500 page ObamaCare legislation.  Based on past performance, it’s safe to assume that IRS will not abide by this limitation on their ability to force payment of the penalty by using their normal hard-ball aggressive tactics.  

Opt-Out Obamacare Penalty Can’t Be Enforced — Unless You Get a Tax Refund  

 

Politico: Rush is Right on Obamacare Tax

 

 

Posted in IRS, ObamaCare | Comments Off on How will IRS do as ObamaCare enforcer?