The IRS’s Problem with Minorities
(CNNMoney.com) — Is the Internal Revenue Service targeting African-American and Hispanic taxpayers? That’s the conclusion of a new study provided exclusively to Fortune titled “IRS Enforcement’s Impact...
View ArticleNonprofits Fear Losing Tax Benefit
(New York Times) — With the federal government struggling to regain control over the nation’s deficit, a debate is emerging over the charitable deduction and other tax policies that support nonprofit...
View ArticlePresident Accepts Tax Cuts
(Businessweek) — President Barack Obama said he would agree to sustain Bush-era tax cuts for high-income taxpayers in exchange for extending federal unemployment insurance and cutting the payroll tax...
View ArticleD.C. Council Consider Raising Taxes
(Washington Post) — D.C. Council members are considering proposals to raise taxes on middle- and upper-middle-class residents, not just the wealthy, as they try to close a budget shortfall that they...
View ArticleDoug E. Fresh Owes $2 Million in Unpaid Taxes
(The BoomBox) — Hip-hop pioneer Doug E. Fresh owes the IRS a pretty penny, apparently failing to pay over $2 million in taxes. According the Detroit News, the beat boxer owes $2,276,848 million in...
View ArticleHow President’s Deal Could Affect Taxpayers
(Wall Street Journal) — President Barack Obama called the bipartisan tax agreement announced on Monday a “framework.” As yet there is no legislative language or even a comprehensive outline of the...
View ArticleD.C. Council Backs Welfare Cuts, Rejects Tax Hike to Close Gap
(Washington Post) — The D.C. Council approved a city spending plan Tuesday that avoids higher taxes but includes far-reaching efforts to control spending on welfare programs, including a controversial...
View ArticleTax-Cut Plan Digs Deeper Deficit Hole
(LA Times) — The tax-cut deal President Obama struck with congressional Republicans reflects an enduring political reality: Forced to choose, Washington’s leaders kick long-term problems down the road....
View ArticleLiberal Split: Sharpton, Weiner Battle Over Taxes
(Wall Street Journal) — The Rev. Al Sharpton and Rep. Anthony Weiner — two of the brashest voices in New York politics — are dueling over the proposed tax deal cut between President Barack Obama and...
View ArticleTax Breaks: What You’ll Keep–And Lose
(Wall Street Journal_ == Since the announcement of the deal by the White House and top Republicans to extend Bush-era tax cuts for two years and cut payroll taxes for one, taxpayers have been anxious...
View ArticleWhat People of Color Should Know About Tax Cut and Deficit Reduction Proposals
(Huffington Post) — A lot has been said about the proposed tax giveaway to the wealthiest Americans and the austerity measures recommended by President Obama’s deficit commission. However, an analysis...
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