35 Burst results for "IRS"

Reality stars Todd and Julie Chrisley sentenced to combined 19 years in prison for bank fraud, tax evasion

AP News Radio

00:33 sec | 4 d ago

Reality stars Todd and Julie Chrisley sentenced to combined 19 years in prison for bank fraud, tax evasion

"A reality TV show couple has been sentenced to prison for bank fraud and tax evasion The new reality for Tod and Julie chrisley his and her prison terms a federal judge in Atlanta has hit Todd chrisley with 12 years in prison while Julie chrisley will do 7 It will also have to serve three years of supervised release afterward and pay restitution in an amount to be determined later The couple became famous for their show chrisley knows best but the fed say they engaged in a huge bank fraud scheme to top that off authorities say they hid their wealth from the IRS while

Julie Chrisley Todd Chrisley TOD Chrisley Atlanta FED IRS
U.S. Will Compensate Developing Countries for Global Warming

Mark Levin

01:23 min | 4 d ago

U.S. Will Compensate Developing Countries for Global Warming

"The daily mail Ready for this one America Biden agrees to pay climate reparations U.S. will pay up to $1 billion to compensate developing countries for global warming But gas guzzling China won't have to pay into global fund All right this is so horrific on so many levels First of all since when does a president have the power to just blow off a $1 billion like that That's your money That's my money So they want to hire 87,000 new IRS agents to shake us down So leftists can get the money So public sector unions can get the money so third worlders can get the money so they can redistribute wealth Meanwhile you are attacked as a hardworking American It's just unbelievable And people vote for this We had a chance to put an end to this whole damn thing Our transplant You ready to hear this You got to hear it Joe Biden says the U.S. will sign up to a UN backed fund to pay reparations to developing countries worse affected by climate change So it just never ends You see climate change If you were to ask Joe Biden what is climate change he couldn't even define it What is it

U.S. The Daily Mail Biden China IRS Joe Biden UN
Reality TV stars Todd and Julie Chrisley to be sentenced

AP News Radio

00:48 sec | 5 d ago

Reality TV stars Todd and Julie Chrisley to be sentenced

"Two stars of the reality TV show chrisley knows best are facing possible prison time for bank fraud when they appear in federal court this week Prosecutors say Todd and Julie chrisley secured more than $30 million in fraudulent loans and then declared bankruptcy prosecutors say while in bankruptcy the chrisleys began making millions from their TV reality show flaunting their lavish lifestyle while hiding the money from the IRS to avoid tax payments The chrisleys were convicted in June on federal charges a sentencing hearing begins today in federal court in Atlanta prosecutors say that based on sentencing guidelines the upper end of what Todd chrisley could face is nearly 22 years and for Julie chrisley about 12 years I'm Donna water

Chrisley Julie Chrisley Chrisleys Todd IRS Todd Chrisley Atlanta Donna
Charles Payne: Regulators Ignored Sam Bankman-Fried

Mark Levin

01:38 min | Last week

Charles Payne: Regulators Ignored Sam Bankman-Fried

"You've got federal regulators all over the place You want to hire 87,000 more at IRS agents to chase down hardworking regular Americans Then you got a high flying guy who's 30 years old He's a multibillionaire He's not exactly hiding under his desk He spends lavishly He donates as you point out some $40 million to the Democrat party where the hell is the SEC where the FBI the department of they don't see any of this It's maddening It's maddening And it's not like it was hard As I've been digging deeper into this the last week and a half people have been talking about this in the open on social media I've seen tweets from a year ago saying this does not add up People who are in the crypto industry This is not at something is wrong Warning other folks take your money off that platform now So this has been out there It's not even a secret It's been out there And the regulators have been absent The SEC has been absent Here's the interesting thing He has spent a lot of time in D.C. crafting coming freed has been in D.C. crafting legislation He was trying to put together legislation that would actually give his company advantages over every other company I'm telling you that this is he bought that kind of influence And by the way he comes from a well to do family both of those parents are professors One of the foremost tax experts out there So you know he kind of knew how to put these things together

SEC Democrat Party IRS FBI D.C.
Mark Morgan Discusses His Work With Customs and Border Protection

America First with Sebastian Gorka Podcast

01:28 min | 2 weeks ago

Mark Morgan Discusses His Work With Customs and Border Protection

"Your job as commissioner, the people who work for CBP, the people who work for ice who work for HSI Homeland Security investigations, there is a way to secure the border. This isn't voodoo. We're not guessing at this. We're not still working it out. Talk to us about the mission of Homeland Security of CBP. And the kinds of things that you did in the Trump administration that actually worked, explained to us border security Mark. Yeah. So look, the cousins and border protection, 62,000 strong, $15 billion budget. And they actually have a vast, very complicated mission. It's not just about border security, but it's also a counter terrorism national security mission. Going after transnational criminal organizations and facilitating lawful trade and travel. CBP a lot of people don't realize there's a second largest revenue collectors for the United States outside the IRS. Because all of the tariffs and all the things imported goods, you're managing that. Exactly right. From every land sea and airport in this country. So it wasn't just about southwest border. It was protected in this nation from any threats coming in from anywhere from outside the country. But obviously we're focused on southwest border. Sebastian, you're right. It's not complicated. Look, I don't want to overly simplify something, but it gets back just like the crime in the United States. It's about enforcing the rule of law, putting the correct layer of resources and policy in place so that the folks on the front lines can actually do their job. And look, that's exactly what president Trump was doing.

Hsi Homeland Security CBP Mission Of Homeland Security O Trump Administration Mark IRS United States Sebastian President Trump
Cassy Garcia: First Thing to Do Is Defund 87,000 IRS Agents

The Dan Bongino Show

00:41 sec | 2 weeks ago

Cassy Garcia: First Thing to Do Is Defund 87,000 IRS Agents

"On when you get up to Congress what you're going to get done Oh we are going to defund the 87,000 IRS agents Yes the first thing we are going to do Dan I'm sorry but we have to get done Yes Yes There you're right That's got to be priority number one They are clearly targeting where the money is which is middle class voters also Cassie we got to get something done on this border Nobody knows better than you down in South Texas We got to get something done Yeah we got to get rid of major orcas Cassie Garcia good luck out there Thanks for giving us a call on a quick update And we love to have you back when your congresswoman elect all right Thank you so much Dan Let's do the slip the seat Appreciate your help and support my friend

IRS Congress Cassie Garcia DAN Cassie South Texas Dan Let
J. D. Vance: Why Tim Ryan Is Actually Running for Senate

The Dan Bongino Show

01:57 min | 3 weeks ago

J. D. Vance: Why Tim Ryan Is Actually Running for Senate

"JD what bothers me so much about this act that him and Mark Kelly who's running against Blake masters in Arizona put on is there's a difference between you know miss fees and some malfeasance I talk about it on the show all the time I mean if in old lady falls on you in front of you know in front of you in the summer when you don't help her up like it's a pretty awful thing to do It's miss visas right But if she goes to get up and you punch her in the face that's malfeasance It's not that Tim Ryan is just like abstaining and he's actively supporting anti U.S. energy policies open borders I mean really essentially supporting this fentanyl crisis If you don't support border controls you're just allowing fennel to come in That's not a leap of faith I mean he doesn't support law enforcement He claims to it's all crap It's an act This is really going to hurt people If this guy Tim Ryan becomes the 51st Democrat vote This guy he's got the policy he's going to vote for are going to genuinely impact your life This isn't a joke But it's not at all And you voted for the inflation reduction act the most ridiculously named piece of legislation in the history of the country because of course it will increase inflation You also voted for the 87,000 IRS agents to go after middle class workers and small businesses You're absolutely right committing malfeasance He's made the country worse off and look the thing about Tim Ryan that people don't appreciate outside the state of Ohio he's running for Senate because he was about to lose his congressional district Because the guy who's been in Congress for 20 years when he was first elected he won by over 20 points he nearly lost last time He was certainly the one or certainly going to lose this time around So he decided to run statewide and tried to hoodwink the people of Ohio to thinking that he's a moderate It's just not going to work down I'm telling you we're on the ground today We're pounding the pavement People know who this guy is As much as the media has tried to cover for him we're in a very good place

Tim Ryan Mark Kelly Blake Arizona U.S. IRS Ohio Senate Congress
Herschel Walker Calls Charlie to Share the Latest From Georgia

The Charlie Kirk Show

01:51 min | 3 weeks ago

Herschel Walker Calls Charlie to Share the Latest From Georgia

"Us now is one of the most important Senate races in the country and he is fighting like you wouldn't believe up against massive amounts of money and I believe he is going to win Herschel Walker, Herschel, welcome back to the program. Doing great Herschel, how do things feel on the ground? How do you believe your race is going? Walk us through it. The race is going well. We're having a lot of momentum right now, we're going around to see the Georgia meeting with all the voters and let them know the difference between center and one myself and I think they saw it during the debate, you know, he was at white before with me, but he realized that he meant that Rome, Georgia, that I'm for the people of Georgia. He seemed to be the center of President Biden. And I think he had a rude awakening. So now the people now starting to miss in my message that this is a wolf and sheep COVID. Yeah, in more ways than one. And so I want to ask you about one of his votes. He voted for 87,000 new IRS agents, and you've been talking about that a lot. Explain to me what you're hearing from the voters in Georgia. About inflation about crime and Warnock just seems to be ignoring all those issues. Well, he said, no, because he doesn't have a solution for him. But yet, the reason they voted Joe Biden because I say either am no clue what he's doing, he just having them to tell him what to do to have 87 ARS agents. They got to go out to you. They're not going after that. We're rich. Like they said, everyone ever. People are less than $200,000. So that's what they're going to go out. And I think they continue to lie to the people, which I want the people to know that the people on the left and center of one aren't doing nothing but lying to you, and you see after two years, just what they're doing.

Herschel Georgia President Biden Herschel Walker Senate Rome Warnock IRS United States Joe Biden
J. D. Vance: Dems Talk About Money, Not Values

Mark Levin

01:46 min | 3 weeks ago

J. D. Vance: Dems Talk About Money, Not Values

"You know guys like Tim Ryan pretend they represent working people union non union you know people who work with their hands and their brains But they don't inflation is going through the roof The price of gasoline is going through the roof Now we see diesel fuel shortages which is going to be a huge problem the price of home heating oil this winter is another huge problem You've got wide open borders with drugs coming in and killing people's kids You see what's happening in our schools what kids are learning and so forth They don't stand for the average working person and truth Do they Not at all This is such an important point inflation hits working people the hardest the tax increases hit working people to artists Think of these 87,000 IRS agents market They're only I think less than a thousand billionaires in the entire country Those 87,000 IRS agents are going to come after working people And this is something that's important to emphasize Mark Democrats talk about normal Americans as if it's all about money And of course you need prosperity You need good jobs You need good wages It's also about values We want to send our kids to schools where they're educated and taught some civic virtues not taught to hate their own country We don't want pharmaceutical companies experimenting on 8 year old kids which is what all of this hormonal therapy stuff is It's allowing pharmaceutical companies to experiment on our children We want our values defended and our livelihoods defended And I think that's something many of the so called elites on the left miss They talk about money a lot but they don't talk about values And I think that us and the Republican Party and the conservative movement we actually recognize a good life is about prosperity It's also about having your values reflected in your country

People Union Non Union Tim Ryan IRS Mark Republican Party
IRS ‘fully committed’ to better customer service as agency hires 4,000 new workers

AP News Radio

00:42 sec | Last month

IRS ‘fully committed’ to better customer service as agency hires 4,000 new workers

"The Internal Revenue Service is hard thousands of customer service workers ahead of the tax season I Norman hall The IRS says it has hired an additional 4000 customer service representatives who are being trained to answer taxpayer questions during the 2023 tax filing season it's part of the new hiring made possible when congressional Democrats gained the RS in $80 billion boost through the flagship climate and healthcare law signed this summer It is meant to help rebuild an agency that hadn't seen additional funding in decades the IRS is still working and how it will spend the extra $80 billion but as emphasized that resources will be focused on improving customer service and scrutiny of high income earners Norman hall

Norman Hall IRS
Sen. Ted Cruz: Previewing New Book 'Justice Corrupted'

Mike Gallagher Podcast

01:51 min | Last month

Sen. Ted Cruz: Previewing New Book 'Justice Corrupted'

"Agree, the topic is immensely important. What we have seen, it started under Barack Obama where he began using the Department of Justice and the FBI and the IRS to target and attack and try to destroy his political enemies. He turned them into weapons and it under Donald Trump, they put hard partisans, they burrowed into the senior career positions at those agencies, and they waged war against president Trump, the deep state fought against him, tried to destroy his administration, tried to destroy him personally every single day of the presidency. And now under Joe Biden, it is fully metastasized. This is the most political Department of Justice we've ever seen. We've seen FBI agents storming the home of president Trump. Right. First time in the history of our country, a former president has had his home searched and raided by the FBI, but Merrick Garland's perfectly happy to send the FBI in to attack their political enemies. We've seen FBI agents storming the homes of pro life activists arriving machine guns drawn arresting them whether children are screaming because this Department of Justice is willing to be the stormtroopers for the DNC. If you're a political enemy of the Democrats, they believe they've got a whole Justice Department and a whole FBI and a whole IRS that is there to come after you and what the book justice corrupted does is it explains exactly how they've done that and explains the origins of where this is coming from. It takes you behind the curtain to understand what's really going on at DoJ and the FBI and how that poses a threat to you and your liberty.

President Trump FBI Justice Department Merrick Garland IRS Donald Trump Barack Obama Joe Biden DNC
Senator Ted Cruz Braves 'The View' With His New Book

The Hugh Hewitt Show: Highly Concentrated

01:45 min | Last month

Senator Ted Cruz Braves 'The View' With His New Book

"Back, America. If you have seen a clip of yesterday's interview with Ted Cruz on the view about his brand new book, justice corrupted, then you will know that justice corrupted God help by that book a lot, even though every host on the view was hostile to senator Cruz, he joins me now. Good morning, senator, welcome back to the yu yu at show. Good morning, great to be with you. You know, you flunked the lunch law yesterday. The rule of lunch is you've got to say the title of the book 7 times in any media segment. So you got to say justice corrupted like, but I don't think they let you talk. I mean, what was that all about? Look, it was certainly going into the lion's den, but you know, I think there's also value. I think as conservatives, we spend too much time preaching to the choir. I think the choir needs love, but I think we need to spend a lot more time talking to young people talking to Hispanics, talking to African Americans, talking to suburban moms, all of whom are paying the price for the disastrous path we're on. And so I went on the view. Not to convince the host. I don't think they're convincing, but to try to convince the folks who are watching and to have them understand a different perspective, which this book, justice corrupted justice corrupted. That's two of my 7. I got 5 to go. Is all about how Barack Obama and subsequently Joe Biden have turned the Department of Justice and the FBI and the IRS and the federal government in the political weapons to attack their enemies. And that's dangerous for anyone who cares about the rule of law. If anyone cares about individual liberty, having the machinery of government turned into a political weapon results in a really dangerous outcome and I hope at least some of the folks watching the show heard that. Maybe for the first time yesterday. Well,

Ted Cruz Senator Cruz Yu Yu America Joe Biden Department Of Justice Barack Obama FBI IRS Federal Government
Caller: My Mind Has Become Stronger to Vote Republican

ToddCast Podcast with Todd Starnes

00:58 sec | Last month

Caller: My Mind Has Become Stronger to Vote Republican

"Your mind been changed? How are you doing today, mister Starr? I'm well, thank you. Yes, my mind has a drastically changed, but not in the way that you're saying my mind is actually become stronger and stronger to vote for Trump in the Republicans. Is that right? Why is that? So why are you now more emboldened to vote for Trump and the Republicans? Well, I say that just the criminal activity and unconstitutional activity and nobody's held accountable for it, just like the J 6 prisoners who have been held with their rights violated since the day they've been locked up. I mean, we just can't deal with this anymore. These people have got to go period. Quite frankly, you know, I know that Kevin McCarthy said that when the Republicans retake the house, the first order of business is going to be what the revocation of the 87,000 IRS agents. But what

Mister Starr Donald Trump Kevin Mccarthy IRS
Tiffany Smiley: Patty Murray Has No Plan for High Spending, Inflation

The Dan Bongino Show

00:57 sec | Last month

Tiffany Smiley: Patty Murray Has No Plan for High Spending, Inflation

"If people are unhappy with the country which they are if they're unhappy with the direction of the nation why reelect someone who's been there who's been a part of the system but a part of the problem she ain't changing it No no in fact I mean she has no plan to rein in the out of control spending She has no plan to lower gas prices to decrease inflation She has no plan for the crime and the homeless crisis that's plaguing Washington state That's why our race is picking up steam and speed here because we do I have an agenda for recovery reform and how we're going to turn crisis into hope for all of Washington We're not talking about Democrat Republican issues We're talking about American issues We're talking about the quality of life About delivering results lowering gas prices raining in the out of control spending and I certainly will fight to stop the 87,000 IRS agents from coming after our small business owners and our hardworking Washington families

Washington IRS
Michael Cohen Praises Letitia James' Bravery

Stephanie Miller's Happy Hour Podcast

02:07 min | Last month

Michael Cohen Praises Letitia James' Bravery

"What is your take on all of this? Is just as karma, whatever you want to call it finally coming. Karma boomerang? Yeah. Yeah. Is it coming for Trump? Okay, so I do believe that indictments will be coming. I believe that indictments will be coming thank God to tish James our attorney general and I hope if she doesn't end up staying as attorney general, you know what they always say AG stands for. What? Governor. I would love to see tish James. Aspiring government. Oh, there you go. Sorry, you cut out there. Aspiring governor, got it. Wait, wait, wait, hold on. Wait, that one's going over your head. No, you cut out. Wait, it's coming back. I got it. Okay. All right. I would hope that she would consider becoming governor down the road. And I would support her with everything that I have. And I would get people to support her because what she did, nobody else wanted to do. Alvin bridge certainly didn't want to do it. Okay, we at the end of this month, we have the DA's case against the Trump organization. I want to remind you started by our previous district attorney Cyrus Vance. So at least Alvin Briggs didn't muck that one up and then get rid of get rid of that case. I also believe that that will cause some significant legal challenges to Trump personally, not just the Trump organization. But what tish James did by being first one out there, she now has all of the documents, all of the proof she has forwarded the case to the southern district of New York for tax evasion, as well as to the IRS. So I do believe indictments will be coming. I believe that they will come before the end of the year. What bothers me again is this whole slow walk by our Justice Department. Oh, we can't do it now. It's only three weeks before the midterm elections. Ask me if I care. Yeah. Yeah. By the way, we want to thank you for saying mom care if we indict him on the day of the midterm elections. It's not guilty. He's not on the ballot. Yeah, exactly.

Tish James Trump Organization Alvin Bridge Cyrus Vance Alvin Briggs AG Donald Trump IRS New York Justice Department
Dinesh Exposes the Letter From Arizona AG Mark Brnovich's Office

The Dinesh D'Souza Podcast

01:46 min | Last month

Dinesh Exposes the Letter From Arizona AG Mark Brnovich's Office

"I want to talk in this segment about the controversy involving true the vote and the office about going Arizona attorney general mark Bernabeu. So a letter was drafted called to whom it May concern, so sort of an open letter, a letter released really to the media. And it comes out of the attorney general's office criminal division and signed by a guy named reginald Reggie, grigsby, who calls himself the chief special agent. And basically what the letter says is that true the vote has had meanings with the authorities and in this case the attorney general's office in Arizona. And the letter says the truth about promise to provide geolocation data, video evidence to the attorney general's office, but hasn't done so, despite according to the letter repeated requests. And then the letter takes a strange turn and basically says TV through the vote has raised considerable Muslims of money alleging that they had this evidence and they said that they have not provided it to us and then quote given TTV status as a nonprofit organization, it would appear that further review of its financials may be warranted. So this appears to be aimed at the IRS, maybe even the FBI to sort of investigate through the vote. But stop for a moment and think about it, let's say the truth of the vote said we're going to give you this stuff and they didn't, is that automatic grounds for an FBI investigation is that automatic grounds for an IRS investigation? No. So clearly this is a kind of strike at true the vote.

Attorney General Mark Bernabeu Reginald Reggie Arizona Grigsby FBI IRS
10M people still eligible for stimulus check, but clock is ticking

AP News Radio

00:36 sec | Last month

10M people still eligible for stimulus check, but clock is ticking

"Millions to claim their child tax credit and stimulus funds I Norman hall More than 9 million people and families who did not receive their advanced child tax credit checks stimulus payments and other tax rebates will soon get a letter from the IRS to claim their money The tax credit was originally offered through president Joe Biden's $1.9 trillion coronavirus relief package The government says some families may be leaving up to $3600 per child unclaimed as well as other payments owed to them IRS commissioner chuck Reddick says many people who qualify for the tax benefits will need to file a 2021 federal income tax return

Norman Hall President Joe Biden IRS Chuck Reddick Government
Fixing the Border Invasion With Mark Lamb, Sheriff of Pinal County

The Charlie Kirk Show

01:30 min | Last month

Fixing the Border Invasion With Mark Lamb, Sheriff of Pinal County

"Mark, let me ask you, what is the solution to this? Because I think when you watch the border battle series, people will learn how bad it is, but also how solvable it is. How do we fix this invasion happening on our southern border? Well, Charlie, the most simple thing to do is go back to the Trump era policies that we were under when this administration changed occurred. We know that those were successful just by the mere numbers. Really, they need to put the pride aside, go back to those. Now, we got to build on that. We've got to continue to finish the wall, we've got to make sure that border patrol, ice agency, CBP agents feeling emboldened to do their job. You've got to do a hard shutdown on this border. The only way we're going to stop the flow of fentanyl and human beings being trafficked into this country for slavery oftentimes. The only way we're going to stop that is do a hard shutdown on this border. Watching your lot, your live thing. You talk about getting people out of this country. We have to send a message that it's not okay to break our laws. And we're going to have to really make some hard decisions. And those are not easy things to do. Now, what we can not do is do things like pass up on 18,000 border patrol agents, but fund 87,000 IRS agents when we only have 386 ice agents in the entire state of Arizona. So our ability to remove people that have come into this country illegally even criminals is very handicapped just because of that.

CBP Charlie Mark IRS Arizona
"irs" Discussed on Today, Explained

Today, Explained

04:02 min | 2 months ago

"irs" Discussed on Today, Explained

"This wealthy, the Obama administration ran into a problem in 2013, where an IRS official admitted that the IRS had been targeting applications for 5 O one status from organizations with Tea Party in their name for extra review. And this led to uproar, that caused Congress to push on the Obama administration to lighten up on regulation of 5 one fours. And at the end of 2015, Congress passed a bill called the protecting Americans against tax hikes act or the path act, which did a bunch of things to 5 O one C fours. One of which was to streamline the application process. Another was to state that contributions to a 5 O one would be exempt from gift taxes. The are sort of side beneficiaries of this Tea Party tempest in a teapot. So now they can give their Patagonia stock to their 5 O one C four. They don't pay gift tax there. The 5 O one C four can then take out dividends from Patagonia, they don't pay income tax there. And the 5 O one C four can then spend on political campaigns. And as long as the political campaign expenditures are less than 50% of the total budget of the 5 O one C four and they're fine. So if you're an environmentalist out there, this is at once cause for celebration as well as a reminder that if Peter Thiel retires in a couple of years and wants to give all his money away, he can do the same thing, but perhaps in a way that you won't be so excited about. Peter Thiel's an exceptional case because he's got most of his wealth packed into Roth IRA. Yes, which we've covered before the show. He can take it out and buy a private island. He doesn't have to do anything even quasi charitable in order to get the money out tax free. Climate change is a threat to the planet, so we should be happy that the Shana's are doing this. We also need to clean up our tax code. I spent a lot more of my life thinking about the tax side than the climate side. But I recognize that these are not equivalent problems. Climate change is an existential threat to humanity. The tax loophole for 5 O ones is not an existential threat to humanity. It's something that we probably ought to fix. But we're not going to die if we don't.

Obama administration IRS Congress Peter Thiel Tea Party Patagonia Shana
"irs" Discussed on Clark Howard Show

Clark Howard Show

04:57 min | 2 months ago

"irs" Discussed on Clark Howard Show

"Normal, people tax years 2019, 2020 didn't file their returns. You think about what was going on in 2020, which is when you would have filed your 19, we were in the heart of COVID. A lot of people dealing with ill family members, a lot of disruption in their lives from unemployment, whatever. And COVID is something we've learned to live with, but if you go back to 20 and 21, both years were highly disruptive and so people in very large numbers didn't file and now have been subject to very large failure to file penalties. Well, the IRS has established forgiveness, period. Where you don't have to pay the failure to file penalties as long as you go ahead and get in that 2019 and or 2020 return by September 30th. So the clocks ticking, you don't have much time, but if you do this, you avoid the penalties that have been accruing. You still owe interest on failure to pay, but that's a much, much, much smaller amount than failure to file. So this is a great opportunity to clear your record with the IRS. So let's take a different situation. Let's say you did file late and you paid failure to file penalties, failing to file on time. And you paid those when you did your returns for 19 or 20. The IRS automatically says that automatically they're going to refund that money back to you.

IRS
"irs" Discussed on Marketplace with Kai Ryssdal

Marketplace with Kai Ryssdal

02:47 min | 2 months ago

"irs" Discussed on Marketplace with Kai Ryssdal

"Details when we do the numbers.

"irs" Discussed on ToddCast Podcast with Todd Starnes

ToddCast Podcast with Todd Starnes

03:18 min | 3 months ago

"irs" Discussed on ToddCast Podcast with Todd Starnes

"Senator, when you look at, you know, doing a deep dive into all of this breitbart reporting that there will be taxes on fuel, taxes on small businesses, taxes on medicine and a lot more. Is this accurate? What can we expect here? So yes, yes and yes. So this is the inflationary part of raising taxes. A third of the energy of inflation issue is because of energy. So they add taxes to fuel and they actually take away some tax benefits that small drilling companies made, and I won't bore you with the details, but I was born and raised in the oil patch and they are taking away some long honored write offs for like drilling costs. That type of thing. I do think that as we raise corporate taxes, those taxes are going to be passed on to the consumer. I think that when you raise corporate taxes, there is less money for reinvestment by the company and eventually it's going to be less labor wages as well and that's going to be more supply chain disruption. And as we know, when there's a lower supply, it's going to increase the price. So I think this is, again, this is absolutely an inflationary Bill. If you look at it from a common sense standpoint. So why are they doing this? I mean, they know what happened to George H. W. Bush, read my lips no new taxes. I mean, the Biden administration can't be stupid, so my question is, is this intentional? Do you think they're trying to take the economy? I don't think they care about the economy. I think they're more concerned about a carbon footprint than they are the environment or the economy. When I ask administration those types of questions, why does the economic impact of some of your policies and their answer is we don't care. We don't measure it. Just as long as the carbon footprint going down. And by the way, I'm in favor of leaving this world cleaner healthier and safer than we found it. I just want to use a common sense approach to it, but I don't think that they understand economics one O one. Again, they know how to spend money. That's all they think about. They wake up in the morning and they go to bed thinking, what can we spend money on? And then they make one decision that creates a crisis. And then they try to solve it with more inflationary spending. And it just is a domino, a compounding of errors. Why and we've gotten this question a lot over the past couple of days, senator, why is the IRS stocking up on weapons and ammo? What do they need that for? Todd, I have the same question. I don't have an answer. But I would point out that they doubled the number of IRS agents, doubled them, and that's going to disproportionately impact small businesses and small hardworking Americans. I guarantee you they're going to come after small businesses. A small person that's making 50, $80,000 a year to defend their IRS return is going to probably cost them two or $3000, a small business is going to spend 5, ten, $25,000 defending that return. Net net, I just don't see by the time they pay their IRS agents, why they have all this increased staffing, how they're going to net any money from this. It's it just turns into another tax, but I don't know why they are accumulating this weapon..

Biden administration breitbart George H. W. Bush IRS Todd
"irs" Discussed on The Charlie Kirk Show

The Charlie Kirk Show

03:00 min | 4 months ago

"irs" Discussed on The Charlie Kirk Show

"Who's ready to get audited? I'm gonna get blunt to the point. Straight into the point and be blunt. It's likely you are going to be audited sometime soon. Senator Kristen sinema has decided to join Joe Manchin in what they call the inflation reduction act, which is anything but the inflation reduction act, but Democrats are getting even sneakier in how they are branding what actually increases inflation to hurt inflation, but they're doing it for marketing purposes. The inflation reduction act of 2022 appears to have a good shot of being signed into law. One of the things it does is it expands the internal revenue services, power, authority, and expands their staff. The inflation reduction act hires 80 7 thousand new IRS agents. 80 7 thousand new IRS agents. Currently, there's about 600,000 audits that are done every single year. 600,000 audits. The IRS says they'll now be able to perform 1.2 million audits in the next couple of years, doubling the amount of annual audits that are done. Doubling. Now, what's so sick and twisted about this is that it will not be millionaires and billionaires that will be audited. Multi millionaires have access to great accountants and lawyers and the IRS actually doesn't like dealing with them. You see when the IRS reaches out to a millionaire or billionaire, they immediately receive a pretty thoughtful detailed and forceful response by some $1000 an hour law firm. It's a rounding error for many businesses and billionaires and millionaires. They don't even, they hear all I'm getting audited, whatever my team is handling it. And the IRS actually doesn't like that because their BS and their nonsense gets called out by pretty talented lawyers and accountants that know the code better than the IRS actually does. So the IRS gets intimidated and they say, okay, we'll pay this fine and the millionaire and billionaire based out of pure principle drags it on. Like, I'm not going to pay that. And the IRS doesn't like it. Because there's a check and balance because the ruling class actually has access to the intellectual talent to call out the IRS and it is the only group of people that actually have the budget to go up against the IRS. The IRS is one of several independent regulatory agencies. We call them IRAs here on this program. I believe the IRS is constituted illegally. I believe it's unconstitutional the way the IRS has been formed. Unfortunately, very few judges agree with me, but happy to go back to original constitutional structure as to why that is the case..

IRS Senator Kristen sinema Joe Manchin
"irs" Discussed on WTOP

WTOP

01:30 min | 8 months ago

"irs" Discussed on WTOP

"IRS And the IRS will never do that They don't contact you that way So you need to be diligent and watch what is coming in and make sure it's real So how can you avoid becoming a victim like that Do you have any advice for people Yeah so when you see an email come in we see it all the time even people coming into our company trying to trick us They're going to slightly change the email address like switching L and an I those types of things If it looks illegitimate make a phone call don't use the phone number that would be in the text or the email Go look it up online and call directly with that number Because they're going to use fake numbers and things that makes it easy for you to make the phone call but you're not calling IRS you're calling them Be careful of other things like fake charity requests things are coming in hey you can save money on your taxes donate to us And unfortunately they prey on our good nature So a lot of these will be like you can help Ukraine or things like that Again make sure you check the email address They're never going to text No government agency will ever text you or call you and ask for your personal information That's a sure sign of a scam Another thing that everybody should be really aware of is make sure you update your software on your.

IRS Ukraine
"irs" Discussed on WABE 90.1 FM

WABE 90.1 FM

01:46 min | 8 months ago

"irs" Discussed on WABE 90.1 FM

"So you always say that filing electronically is the safest and fastest option and it's free What about those of us who need to file an extension Is that still an option this late in the game Absolutely You know if you can't get your act together by the tax filing deadline in April you're not off the hook you have to request an extension to file its good old form 48 68 and that will give you an extra 6 months to file your return And you can do this at the IRS dot gov website There's a really important caveat It actually two caveats about an extension Number one an extension to file is not an extension to pay If you under withheld on your taxes or for some reason you had some huge big amount of income or capital gain you still have to estimate what you think you owe and pay any of that to the IRS by the April 18th deadline and that will help you avoid potential penalties and interest The other thing about an extension which I think a lot of people don't realize is that even if you've got extra time to file the deadline to make an IRA or a Roth IRA contribution for last year that is still the tax filing deadline of April 18th So get busy What do you do if you can not pay the taxes that you owe Don't freak out You are not the first person who has run up against this problem So there are a few options from the IRS I'm going to start with the easiest which is you can go and create an online payment agreement for a short term payment plan You can just ask the IRS can I have some extra time to pay No fees the IRS is likely to grant you up to a 120 days more to pay the bill That's as long as.

IRS
"irs" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:04 min | 10 months ago

"irs" Discussed on Bloomberg Radio New York

"Dollar It's just not even close Okay So it's silly to stab from the IRS that some fantastic sum of money in 2021 was related to crime committed in Bitcoin I didn't bring that stat with me so Okay But it does exist I think most of the money in crypto is used specifically for speculation Speculation It's all about the greater fool theory right You should see if somebody else will buy it from you for more later So it's not a store value I'm not saying it isn't Maybe it is I think that's to be seen Very passionately that it is but others would argue okay Well these people stole how much money from bit fin X or how much was stolen initially Initially $71 million And now it's worth 4.6 billion So do the math and figure out if you think that was a good story That was a good buy and hold trade Yes So steal and hold That's a great trade Steal low sell high Yeah there you go Bitcoin $43,000 of coin I mean is it technicals that kind of drives this do you think I mean again and we put up the chart of Bitcoin and it's got that obviously huge support around $30,000 Which is by the way you know everyone I talked to is invested and I sadly not invested I just find it interesting Says they're waiting for it to go back to 30,000 before they load up again That seems to be the mantra but it didn't happen in this drawdown So you didn't really see the kind of capitulation this time that you did last time Yeah you do see still a lot of hesitation to buy the dip I know we are above $40,000 right now but I think that what you're seeing in the equity market this back and forth boomerang market the cryptocurrency those speculators can't really decide if we are truly in a risk on even though we have rebounded from the lows that we saw earlier in January So it really feels almost like purgatory when you look at the price of Bitcoin We did have that rise up but now we're just looking at $45,000 can't seem to get over it Right interesting All right we love talking crypto It's sponsored so we do it every Wednesday We love talking.

IRS
"irs" Discussed on Radical Personal Finance

Radical Personal Finance

03:17 min | 1 year ago

"irs" Discussed on Radical Personal Finance

"Paid voluntarily and timely by tax payers under such code for such tax year and then number three racial disparities analysis a comprehensive analysis and description of whether there exists any racial disparities in the internal revenue services enforcement activities including audits based on gross income including a comprehensive description of any plans. The internal revenue service has to address any such disparities in the coming fiscal year. So there we have increasing racial analysis by the by the irs. Now that's what you need to know. Perhaps it was a little bit longer than intended but sometimes when i read news stories. I don't know what's actually true. And so i always say okay. Well let me go and find out what the actual text of the proposal says and do my best to get an accurate understanding of what is actually being proposed. What is hyperbole. what is not what is spin. What is not. I do my best and so i try to share with you the details. Let's talk now about what happens with this legislation generally speaking. I believe that this is the future. I personally persuaded that more. Transparency more snooping more reporting is the future. I don't see any reason why that will change now. The let me explain how i get there so you can see whether or not you agree with me. I don't know whether this particular bill will become law or not. It probably doesn't matter one way or the other. If this particular bill becomes law or this particular bill does not become law. That won't change the general direction of the law. The general direction of the law is were going to require more reporting. We're going to require more disclosure and we're going to require more snooping by financial institutions and. This is a confluence of many different factors. What are the number one. More and more individuals have made choices of their own volition to move their activities their financial activities from things that are easily kept anonymous to things that are easily tracked for example the vast majority of us do virtually all of our financial transactions using credit cards and debit cards credit cards and debit cards automatically. Track everything that we do and they create a paper trail all along the way. We didn't do it because we were forced to do it. We did it voluntarily. We did that. We made that change. We stopped using cash because of the convenience. We were persuaded that it was far more convenient for us to swipe our american.

irs
"irs" Discussed on Radical Personal Finance

Radical Personal Finance

03:34 min | 1 year ago

"irs" Discussed on Radical Personal Finance

"This information will help improve audit selection so it can better target. It's enforcement activity on the most suspect. Evaders avoiding unnecessary and costly audits of ordinary taxpayers. The treasury department said in a statement wednesday. The biden plan which includes new spending on childcare education and paid leave relies on seven hundred billion dollars in revenue. The administration says would come from a significant expansion of the internal revenue service. The information reporting expansion of the plan combined with some other efforts would yield about four hundred and sixty billion dollars of the seven hundred billion dollars in additional tax collection under the biden. Irs changes the people said the plan would largely affect the bank accounts of business owners placing financial institutions at the center of an effort to curb unreported or misreported business income the irs estimates that up to fifty five percent of business income is unreported or misreported shocking. That the irs would estimate such a thing. Now let's go and additionally by way of background that's enough news stories. Let's go and read a little bit of text. I i want to begin with the official factsheet published at whitehouse dot gov on april twenty eight twenty twenty one about the american families plan and then we will go to the texted. The bill submitted by senator warren overall in the american families plan Today president biden announced. The american families plan an investment in our kids. Our families and our economic future and the basic ideas are to expand government schools at at least four years of free education and so they want to expand government schooling basically in short they want to add two years of government schooling for prekindergarten for three and four year olds and then also add two years of government colleges for community college levels basically make community colleges tuition and then there is an a proposal for expanded child credits education preparation for teachers. Yada yada yada childcare credits. Yada yada yada yada nutrition blah blah blah. Okay now how do we pay fort. This is the appropriate section here tax reform that rewards work not wealth. The president's tax agenda will not only reverse can reading from the government documents here. The president's tax agenda will not only reverse the biggest two thousand seventeen tax law giveaways but reform the tax code so that the wealthy have to by the same rules as everyone else it will ensure that high income americans pay the tax they owe under the law ending. The unfair system enforce unfair system of enforcement that collects almost all taxes due on wages while regularly collecting a smaller share of business and capital income. The plan will also eliminate long standing loopholes including lower taxes on capital gains and dividends for the wealthy that reward wealth over work importantly these reforms will also rain in the ways that the tax code widens racial disparities in income and wealth..

biden irs senator warren treasury department whitehouse fort
"irs" Discussed on GovExec Daily

GovExec Daily

03:04 min | 1 year ago

"irs" Discussed on GovExec Daily

"A relatively small budget caught up one or two percent. A year doesn't sound like much but when it's repeated year after year after year again in my view mostly inadvertently but in some cases perhaps deliberately but when it's repeated often enough those numbers add up and subtle you turn around and you find an irs that as twenty five thousand employees fewer than when i was chief hr officer for them that has got to have a mission impact. And when you couple that with the fact that the irs has not received a the fiscal resources to invest in technology much less state human resources to take advantage of that technology then again it sort of the perfect storm. This is an agency that wants to do. Its job its employees. Want to enforce the tax laws. They want to help employ if taxpayers pay their taxes voluntarily. There's just not enough to go round and i think that's what the that's what i think. The by the administration is trying to do again. Increase the numbers but also a change. The skill sets so that. Irs can spe where the puck is going to be. Yeah i've said it on the show. A lot about how much workforce modernization has been a part of the conversations. I've been covering this. The federal government and The irs is almost the perfect storm for that kind of thing. There's a lot of different Skills and technologies that the irs can utilize to hopefully will be in the future. Well and you know it takes a crisis. We saw that with the Financial crisis that gave the banking regulation agencies all sorts of personnel flexibilities. Frankly what commissioner. Roddy of advocate. And i have advocated is just extending those same flexibilities to the irs. But there was a post nine. Eleven lot of flexibilities came to the intelligence community and certainly to the department of homeland security Dodea dhs today are exercising flexibilities with their cybersecurity. Workforce's why because there's a crisis a week in somebody attacking our nation's government government's federal state local or our critical infrastructure. They too have been given personnel. Flexibilities those personnel flexibilities matter. Because they translate into the ability for an agency to accomplish its mission so we think. Irs should be given the same Discretion i think that's probably a good go about it and hopefully that's something we can See in the future dr sanders. Thanks for being on the show with us now. Happy to do it anytime. Thanks for listening of his daily. Our show was british batum butler and hosted by me. Ross john i want to thank dr.

irs department of homeland securit Roddy federal government dr sanders batum butler Ross john
"irs" Discussed on GovExec Daily

GovExec Daily

05:07 min | 1 year ago

"irs" Discussed on GovExec Daily

"To where it's going to need to be not where it used to be. Yeah we'd certainly noted that the staff decline has been over a period of years. So the idea that it could be a fixed super quickly. i think might be Even in the best of circumstances really difficult but the civil service system certainly is a huge huge part of that Fixing this issue fixing the workforce you know modernizing it. What is the pushback here. Is it political. What are the roadblocks getting us to a more effective in a fuller. Irs workforce while. I think there are two one is political and I'm up professional civil servants. I'm going to try to stay away from that as much as i can. But it's almost unavoidable because there are lots of people who don't want the irs to get more efficient. It's one thing to pass a tax law. In congress passes all the tax laws the irs does not it but it's one thing for congress to pass a tax lots another thing to give an agency the resources it needs to enforce it to do the audits to do the collections to do all of the things that get people to pay their taxes hopefully voluntarily but if not to require them to do so so there's there's a political angle to this that i think is an unavoidable but there is. There are a lot of people who say okay. The irs needs to modernize needs to get better both in terms of numbers and skills and in terms of technology. But we can do that. Administrative we can do it under the current system. Don't require an act of congress because again an act of congress gets political. So let's try to do it administratively. I have to tell you to me that sort of a fifty five forty five percent. But i come down on the side of legislation because there are just as we discussed so many impediments doing an administratively. Here's here to lots of people say give. Irs direct higher authority.

irs congress Irs
"irs" Discussed on GovExec Daily

GovExec Daily

02:04 min | 1 year ago

"irs" Discussed on GovExec Daily

"The same problem right. The civil service system has not been wholly modernized in twenty years. Yes it's There have been incremental changes to it improvements to it exceptions to it A couple that we talk about in the article that commissioner resulting and i wrote but at the end of the day we are dealing with an old system. Now lots of people will take exception to that including like good friend. Tony rear news president of the national treasury employees union. Who will say you can do anything you need to do. Under that system. And i'll concede that point. You can get what you need done under that old system. But i have to tell you it is so slow and so painful and so convoluted and so complex And i'm happy to give you a few examples but You tear your hair out so Suffice it to say if the ideas to staff the irs up they help close the tax gap using existing rules. Even the most flexible of those rules is gonna take time. It's going to be complicated. It's gonna take lots of mother. May i with oh. Pm and at the end of the day. I'm not sure we're going to be better off. So i go whole hog here. And as as charles. Roddy and i recommend give. Irs the same legislative. Fix that you've given the banking regulators. We did that ten years ago during the financial crisis. Let them run with it and hopefully that will. There's still going to take time. Ross is there is no easy overnight fix but it's gonna take time anyway and why not start with a clean slate so that you can hire quickly pay accordingly opa employees accountable and get the irs to where it's going to need to be not where it used to be. Yeah we'd certainly noted that the staff decline has been over a period of years. So the idea that it could be a fixed.

"irs" Discussed on GovExec Daily

GovExec Daily

01:34 min | 1 year ago

"irs" Discussed on GovExec Daily

"And so take revenue officer or revenue agent. and how they do audits. Just think about how powerful audits could be if you were able to apply data science tools and modern technology to that and to be sure. Iris has always done some of that. But not nearly enough. Or what if outreach through its customer service representatives took full advantage of social media and all of the other platforms available to communicate with taxpayers. I mean after all the irs is lifeblood is voluntary compliance with the tax code and ninety percent poss- of us citizens want to pay the taxes that they owe they. Just don't understand the internal revenue code. So you need to take a something old and something new and combine them so that it's not just hiring thousands of people to do it. Irs used to do. It's hiring thousands of people to do what. Irs needs to be able to do this year next year five years into the future the hiring and training in modernizing all that stuff needs to work within the civil service system. What are the impediments ord rebuilding irs workforce within the civil service system. While it's the same problem right. The civil service system has not been wholly modernized.

irs Iris us
"irs" Discussed on Sway

Sway

01:34 min | 1 year ago

"irs" Discussed on Sway

"Amusing and would so he had half a billion dollars over five hundred million dollars of income at defined by the irs. In two thousand sixteen instead seventeen and he wipes it all out through interest expense and it's perfectly legal otherwise except it's a remarkable thing that he borrows his assets to create leverage. So that he can supercharge has returns. And then we are subsidising his borrowing in reducing his borrowing costs for that so that he can write it off on taxes. I mean that's just something people should understand. Yeah as donald trump would say that's brilliant and one of the billionaires. told you. Violation.

"irs" Discussed on Sway

Sway

08:08 min | 1 year ago

"irs" Discussed on Sway

"Murdoch larry page. We have all their information And we have many more. We have thousands of people. We may report on some of these people. What we wanted to do was illustrate this in a very careful. Way with some specific examples We're going to be doing stories all year on various aspects of it and will name many many more people but only in what we consider to be responsible ways that are in the public interest. Okay all right so more possibly to come. But let's talk about two sources of data here for calculation of wealth grows you noted you're using estimates from forbes the income tax payments paid by the wealthiest americans. You're using irs documents that you obtained and received anonymously correct correct. And you don't know where they came from. We're we're really not commenting on that or discussing that in any detail nine. We're going to be very careful Well we want to protect the source and sources but We don't know an enormous amount And we're not going to explain what we do know. The most important thing about this is that this information has been verified in countless ways. I don't wanna bust your chops to hear about some of the stuff. People have an issue because apparently it's illegal to take this information from the ours is not illegal for you to have it. Yeah bussed away we we talk about journalistic standards. Yeah i'd love to. I'd love to. Because i think people should understand who are questioning the way. They're attacking the story. Is they got hot information. Essentially as if a pawn shop or something like that. What kind of corroboration have you done to feel confident in these numbers. Sure so accuracy in corroboration that these facts were of paramount importance to us so the first thing we did was go through an enormous amount of public material to see whether the numbers matched up and we were very paranoid and we thought you know somebody could have assembled data millions of lines data way. One of the things was that. Pass the smell test from minute one. It had information that really only Select entities might have. But you know that's not enough for us as the smell test but so we then went to private sources. Only those private entities would know and ran selective pieces of information by them and that also was verified and in the end we pretty easily surmounted information on fifty individuals and by that point we had a high level competence but that was not enough so then we assembled the information on. Jeff bezos elon. Musk and michael. Bloomberg and carl icahn. We presented that to as many people who would accept it and gave them the information and said we're going to publish this What you have to say about it. and no one disputed the veracity of the numbers and no one since we published as disputed. That numbers either yet is out in your article. Contemplative scenario where the source was a state actor that might be hostile to american interests. And the quote that you have here is two things we have long held at. These motives are irrelevant. The information is reliable which you just said. And the editors also said in your note. Providence is not essential accuracy which is essentially. You said the same thing twice so talk about this issue of what if the sources nefarious. Because in this case it's not misinformation as correct information possibly stolen information surely answer specifically in. Generally the first specific thing to say is that we don't know the provenance but the inspector general for the irs came out Many months ago and said that the solar winds hack which was a russian providence hack of huge amount government data. You probably know much more about it than i do. that they didn't access irs materials. I just want allegedly right. That's what they say. Yeah so let me go to general comment that go back to a specific comment. Generally we do not care about the providence of information when i in my reporting career i've been a reporter now for almost thirty years. God love me. I have always put it through the prism of whether it is true. And whether it is newsworthy. And i've been in business journalism and so it's been very clear to me from the beginning that everybody who talks to me is biased and has an agenda. No one talks to me. Because i'm charming handsome. I wish it were the case But no they're trying to move markets and move their position and convince me of their Of their position to make money. You're essentially saying everybody has an agenda. Yeah but just because you're bias doesn't mean raw and here. I think that no one can accuse us of being responsible stewards of this enormously. Valuable and precious and sensitive material and we published. I think we published six names right. Although one can compare speaking of. Jeff bezos national inquire the sex that he did were accurate he did write those very awkward sex. They got them apparently through the brother but nonetheless they publish them and you could make that argument. They're accurate but is that correct. Well then you come to the newsworthy side of the equation. And i like to think that. What the wealthiest person in the country contributes to american society through a tax system that we all need to contribute to is a little bit more newsworthy than a crotch shot. I that's just. Maybe that's me. Yeah but i think that this crosses the public interest threshold and it's not just me. I don't make decisions on my own. We have a careful Venting system at propublica. I'm working with two brilliant colleagues. Paul kill and jefferson's thousand and then of course we have editors and then we all it goes up and we have lawyers. We all made a determination that this serve the public interest. And i would be very shocked to have someone to make an argument aside from maybe the wall street journal editorial page that there isn't a public interest in understanding that the wealthy are outside of the taxes that they pay zero in taxes that they have legal mechanisms. I wanna emphasize this is all legal. We're not making any accusation in this story of illegal behavior. This is this system that we have. And i think we have a notion in this country. We certainly have an ideal in this country that everybody pays their fair share. And that's kind of founding myth of the united states. And what we wanted to say. It's as mythical as george washington cutting down the cherry tree. It doesn't exist and let's step back. What are the consequences of not paying taxes. Well roads and bridges are crumbling and philanthropy. Doesn't fix bridges. There are collective problems that government and only government can solve and government needs to be funded. Okay so i would. Just go with some of the responses elon. Musk sent you a question. Mark which seems about right for him. I often question that was. That was a shockingly character and then nothing else often curses next just so you now to the curses coming next. So you haven't heard back from at all nothing else nope nope. No one of my favorite response was carl. Icahn who i've dealt with. He won't he sort of stumbled and wobble detect for a short time period. Then your team's interview with him. The billionaire basically group rich people poor people and apple altogether saying quote. You have no income. You don't pay taxes. They seem confused by the suggestion that a rich person to pay taxes. No matter what can you tell me anything else about these conversations. Carl was great is incredibly charming and was totally perplexed by the concept of needing to pay taxes so essentially what channels you texas. He was very kind of.

carl icahn Jeff michael Carl Icahn Mark carl george washington apple Jeff bezos fifty individuals Musk thousands six names two sources first jefferson twice texas two things
"irs" Discussed on GovExec Daily

GovExec Daily

02:35 min | 1 year ago

"irs" Discussed on GovExec Daily

"Go through all these hurdles ready Counters that point by saying no. No no we're focusing on a high income high wealth individuals huge corporations Various tax setups like pass throughs and other entities that are in need to the. Irs is view of of increased scrutiny. They wouldn't they wouldn't target low income people or or Small businesses so they claim and a yeah finally There was a sort of well. I guess to to related points. One is you can't spend this money efficiently so we can't give it to you all at once or or at all and then the mentioned rob portman brought up. How can you even bring on this many employees Hiring new federal government is slow training people slow Into to that point of the commissioner said we've been planning for this for months we you know sort of anticipating that problem in that question. They took the liberty of of pretending like they were going to get this funding with very much unknown There's there they said they have spent months have developing work Workforce plans on boarding plans training plans so that they can really hit the ground running and part of that is going to target not just sort of young people fresh out of school but also mid career people in and senior career people Who might come over from the private sector or or else in government who know how to manage people who know how to confront. Irs or civic problems. He talked about bringing new people who might be able to tackle new issues. Like crypto currency in non filers people who have sort of virtual currency in. Don't pay their fair share of taxes on that So you know. They're confident that they can spend this money. They can do so effectively and that they will be held accountable to Delivering on what. They're saying that they can do. These are all priorities that have been laid out sort of in the budget and through the irs. Certainly ready is sort of Owing.