teases: on • reblogs: on

ShortFormBlog

Read a little. Learn a lot. • Ask Us Stuff!FAQArchiveTimeline

Our best freaking stuff right now:

June 9, 2013
13:16 • 1 week ago
Based upon everything I’ve seen, the case is solved. And if it were me, I would wrap this case up and move on.
Rep. Elijah Cummings (D-MD) • Discussing testimony for a conservative Republican at the Internal Revenue Service which he says proves that the White House was not involved in an effort at the agency to target Tea Party groups. Cummings, the top Democrat on the House Oversight and Government Reform Committee, says that if the chairman of the committee, Rep. Darrell Issa (R-CA), does not release the transcripts from the IRS employee by the end of the week, he would. Issa, in case you haven’t been following the inner-workings of Congress, has used the position to push for multiple investigations into the Obama administration.
June 5, 2013
17:08 • 2 weeks ago
May 21, 2013
17:58 • 4 weeks ago
May 16, 2013
10:37 • 1 month ago
May 14, 2013
12:44 • 1 month ago
May 10, 2013
20:00 • 1 month ago

  • 75 the number of tax-exempt groups the Internal Revenue Service says it unfairly targeted due to words such as “patriot” or “tea party” in their names. The IRS, which apologized for the actions on Friday. The groups accounted for one-quarter of the 300 groups that received extra scrutiny by the agency during the period between 2010 and 2012. The issue stroked strong controversy from conservatives, with Senate Minority Leader Mitch McConnell calling for a top-down investigation into the news. “An apology won’t put this issue to rest,” he said. source

Follow us on Facebook:
November 13, 2012
16:51 • 7 months ago
January 5, 2011
21:00 • 2 years ago

United States Taxpayer Advocate Nina Olson says something has to change. Olson, who makes a yearly report on the collective state of tax compliance, says we spend too much time paying our taxes, and the process is way too overwhelming. ”There has been near universal agreement for years that the tax code is broken and needs to be fixed,” she says. ”Yet no broad-based attempt to reform the tax code has been made.” Some of her findings:

  • 6.1B the number of hours it takes for businesses to comply with tax-filing requirements
  • 3M the number of workers Olson estimates are needed to ensure everyone tax compliance
  • 550% the increase in liens the IRS has filed against taxpayers over the last five years source

Read ShortFormBlogFollow

January 2, 2011
12:05 • 2 years ago

  • good Obama got the tax compromise through late last month, even if it didn’t have absolutely everything he wanted in it. There’s no more uncertainty, which is good.
  • bad As a side effect of it coming so late in the year, the IRS can’t take as many as 50 million itemized tax forms until late February, due to tax code changes. Sorry, guys. source

 

ShortFormBlog is the product of Ernie Smith, Seth Millstein, Chris Tognotti, Sami Main, Scott Craft, Matthew Keys, Julius the laid-off RSS robot, awesome links from awesome sources, a hacked version of Wordpress, Tumblr's Tumblarity, the letter Q, the number 13 and a series of tubes.

Copyright 2009-2013 Ernie SmithAsk us stuff!E-mail usFollow us on TwitterFollow us on Facebook

    TwitterCounter for @shortformblog   Real Time Web Analytics   Creative Commons License Real Time Web Analytics