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Archive for October, 2015

Doing the job DOJ refuses to do…

Posted by taxguru on October 27, 2015

Who knows how far this will get; but it just feels good to see someone trying to punish IRS execs for their crimes.

Yes, the IRS chief has earned impeachment

Articles of Impeachment Issued Against IRS Commissioner

Impeachment drags IRS scandal into the spotlight

Lois Lerner and the IRS: Why we need a special counsel now more than ever

House Republicans introduce measure to impeach IRS Commissioner Koskinen

Lawmakers grill Koskinen over IRS targeting scandal, after DOJ ends probe

Posted in Crooks, IRS | Comments Off on Doing the job DOJ refuses to do…

IRS Attacks on Conservatives Approved by DOJ

Posted by taxguru on October 23, 2015

It comes as no surprise that the corrupt bHo Regime Department of Justice would support the IRS attacks on opponents of Our Supreme Imperial Ruler. 

Justice Department Declares Lois Lerner Innocent in IRS Targeting Scandal (The New American)

IRS’ Lois Lerner Skates; An Ugly Precedent Is Set (IBD)

Justice Department: No criminal charges for Lerner, others in IRS scandal  (FoxNews)

DOJ closes IRS investigation with no charges (CNN)

More IRS attacks on bHo critics are now guaranteed to happen with more frequency.

Posted in Crooks, IRS | Comments Off on IRS Attacks on Conservatives Approved by DOJ

2016 Federal Tax Inflation Adjustments

Posted by taxguru on October 15, 2015

Every year around this time, different tax scholars apply the past year’s annual inflation rate to those parts of the IRC that require annual adjustments. 

The first such announcement that I have learned about for 2016 is from The Tax Foundation. Here is the summary of their calculations:

Web – HTML

PDF (4 pages)

Update: IRS Has released its own calculations of the inflation adjustments for 2016:

In 2016, Some Tax Benefits Increase Slightly Due to Inflation Adjustments, Others Are Unchanged

Revenue Procedure 2015-53 with more details (27 page PDF)

IRS Announces 2016 Pension Plan Limitations; 401(k) Contribution Limit Remains Unchanged at $18,000 for 2016

Posted in inflation, IRS | Comments Off on 2016 Federal Tax Inflation Adjustments

Impeaching the IRS Commish?

Posted by taxguru on October 7, 2015

This would definitely be a very significant first and a good warning to others in the IRS. 

Rep. Jim Jordan Says House Will Impeach Head of IRS

Unfortunately, the IRS criminals are really just pawns for the masterminds of the plots to use government power, bHo and his number one partner in crime, Valerie Jarrett, who have already been given immunity from impeachment by our gutless GOP rulers.  

Who knows if impeaching Koskinen for his very obvious and blatant acts of perjury and obstruction of justice will make any real difference in the big scheme of things.  If he is actually convicted for his crimes, it’s safe to say that he will receive a pardon from the White House.

Posted in Crooks, IRS | Comments Off on Impeaching the IRS Commish?