Showing posts with label Stephen Olemacher. Show all posts
Showing posts with label Stephen Olemacher. Show all posts

Friday, February 27, 2015

Well, lookey here!

February 27, 2015 IRS Scandal , Lois G. Lerner 0 Comments
Investigators Find 32,000 Emails In IRS Probe

Lois Lerner
By Stephen Olemacher, Feb. 26, 2015, News.Yahoo.com

WASHINGTON (AP) — Investigators said Thursday they have recovered 32,000 emails related to a former IRS official at the heart of the agency's tea party scandal.

But they don't know how many of them are new.

The emails were to and from Lois Lerner, who used to head the IRS division that processes applications for tax-exempt status. Last June, the IRS told Congress it had lost an unknown number of Lerner's emails when her computer hard drive crashed in 2011.

At the time, IRS officials said the emails could not be recovered. But at a congressional hearing Thursday evening, investigators said they recovered thousands of emails from old computer tapes used to back up the agency's email system.

Read the full story:  www.news.yahoo.com

Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook
By - No comments:
Labels: , , ,

Wednesday, February 25, 2015

Budget cuts at IRS

February 25, 2015 Dailyfinance.com , IRS Scandal 0 Comments
RS: Your Chances Of Getting Audited Lowest In A Decade

By Stephen Olemacher, Feb. 24, 2015, DailyFinance.com

WASHINGTON -- Budget cuts forced the IRS to reduce the number of tax audits last year to the lowest level in a decade, IRS Commissioner John Koskinen said Tuesday. And the number of audits could be even lower this year.

"The math is pretty simple," Koskinen said in a speech to the New York State Bar Association. "There are fewer audits because we have fewer auditors."

"Audits fell in virtually every individual category and across income levels," Koskinen said. "This continues a long-term trend that carries serious implications for our tax system and the nation."

Koskinen's speech comes in the middle of tax season, just as millions of Americans are filing their annual returns.

Last year, the IRS audited 1.2 million individual tax returns. That's less than 1 percent of the returns that were filed, the lowest rate since 2004.

Read the full story:  www.dailyfinance.com

Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook
By - No comments:
Labels: , ,