Five transactions and five tax exemptions for Koch in Luxembourg

By Alison Fitzgerald and Kimberley Porteous

A close look at some of the transactions included in the restructuring that the Luxembourg government agreed would be exempt from tax.

IRS says liberal group too political for 'social welfare' status

By Michael Beckel

Tax agency rejects pro-Blanche Lincoln group's application for tax-exempt status, calling it too focused on influencing elections.

Excerpts from this story referencing "Arkansas":

"… nse spent $1.2 million on “radio and television time in order to educate Arkansas on key issues facing the state.” Based on records Arkansans for Common S …"

Nonprofits spend money on campaigns despite benefactors' warnings

By Julie Patel

Despite warning, four nonprofits spent money on 2012 elections.

Excerpts from this story referencing "Arizona":

"… t.” …"

"… from four so-called “dark money” nonprofits. Then-Rep. Jeff Flake of Arizona and incumbent Sen. Dean Heller of Nevada benefited from $3.1 million in sp …"

"… he Democratic contenders, Shelley Berkley in Nevada and Richard Carmona in Arizona, it turns out one of the groups’ nonprofit benefactors explicitly warned …"

"… Commission documents shows that the four groups involved in the Nevada and Arizona races received almost $79 million, or most of the $112 million the Center …"

'Fiscal cliff' ads target candidates in 2014

By Rachael Marcus

Rove-affiliated nonprofit runs 'fiscal cliff' ads targeting vulnerable Senate Democrats.

Excerpts from this story referencing "Karl Rove":

"…  set to go into effect in the New Year.Crossroads, co-founded by Karl Rove, a former aid to Republican President George W. Bush, is one of the&n …"

FACT CHECK: Facing facts on fiscal cliff

By FactCheck.Org

How did the U.S. reach a 'fiscal cliff' and what does it mean?

Excerpts from this story referencing "Warren Buffett":

"… es equal to 22.8 percent and 16.3 percent, respectively.In an op-ed piece, Warren Buffett, the chairman and chief executive of Berkshire Hathaway, wrote that the go …"

Investment managers top list of super PAC donors

By Rachael Marcus and Andrea Fuller

Hedge fund managers, other investors top donors by industry to super PACs.

Excerpts from this story referencing "Republican Jewish Coalition":

"… economic aid to Palestinians.Adelson shifted his financial support to the Republican Jewish Coalition, where he sits on the board. The politically active nonprofit has reported …"

FACT CHECK: Obama’s ‘Boss’ Baloney

By FactCheck.Org

The Obama campaign is up with a "badly misleading

FACT CHECK: Truth about tax rate talking points

By FactCheck.Org

Despite common talking points, tax rates were actually at a 30-year low in 2008-2009 period.

ALEC faces new challenge to tax-exempt status

By John Dunbar

A group of clergy is challenging the tax status of the American Legislative Exchange Council.

Excerpts from this story referencing "Internal Revenue Service":

"… unate,” says a complaint penned by Marcus Owens, the former chief of the Internal Revenue Service’s nonprofit corporations division, on behalf of Clergy VOICE, a group of …"

FACT CHECK: Elizabeth Warren attacks GE's controversial tax practices

By FactCheck.Org

Massachusetts Senate candidate makes sweeping, inaccurate statement about corporate tax loopholes.

FACT CHECK: 'Fat Cats' ad not quite accurate on Buffett Rule

By FactCheck.Org

In advocating for Buffett Rule, MoveOn.org gives false impression of tax rates for the ultra-wealthy.

FACT CHECK: What Priorities USA Action doesn’t tell you

By FactCheck.Org

Pro-Obama super PAC ad leaves out important truths in ad condemning Romney's past business dealings.

Excerpts from this story referencing "Bain Capital":

"… ey made money for himself and investors as head of the private equity firm Bain Capital, and that some of the companies in which Bain invested filed for bankruptc …"

"… s so few details.Bain, againThe ad also revisits the business practices at Bain Capital, which Romney headed from 1984 to 1999.We wrote about the private equity f …"

FACT CHECK: Warren Buffett's tax rate is an exception, not a rule

By FactCheck.Org

Most high-earning tax payers actually do pay a higher rate than the middle-class.

Excerpts from this story referencing "Senate":

"… s and other federal taxes.) The proposal is expected to come up for a Senate vote during the week of — yes, you guessed it — April 15.But Obam …"

DOD has a hand out on April 17

By Aaron Mehta

And where did you think your tax money was going?

FACT CHECK: Obama’s trillion-dollar exaggeration

By FactCheck.Org

President Obama throws around a big number calling for an end to Bush tax cuts

FACT CHECK: Ideal tax?

By FactCheck.Org

Gingrich’s plan would mean nearly zero tax for Romney

Romney's small tax bill could be a big problem

By Corbin Hiar

The millionaire former venture capital partner pays an effective tax rate lower than a family earning less than $70,000

Excerpts from this story referencing "Bain Capital":

"… y told reporters in South Carolina Tuesday, when asked about his taxes.The Bain Capital founder and current GOP presidential front-runner has been under pressure …"

"… been referring to the lucrative retirement package he secured when he left Bain Capital, the private equity firm he helped found in 1984.Romney left Bain in early …"

FACT CHECK: Few errors in Myrtle Beach GOP debate

By FactCheck.Org

Myrtle Beach GOP debate surprisingly factual, with a few exceptions

Excerpts from this story referencing "Ron Paul":

"… too far when he denies the president any credit for opening up new markets.Ron Paul vs. History: Income TaxRep. Ron Paul claimed that the United States had no …"

"… any credit for opening up new markets.Ron Paul vs. History: Income TaxRep. Ron Paul claimed that the United States had no income tax “up until 1913.” Not …"

Tax gift to the rich

By John Aloysius Farrell

How one loophole helps some wealthy Americans pay less taxes

Excerpts from this story referencing "Goldman Sachs":

"… t of individual donors are familiar, politically well-connected firms like Goldman Sachs (having given $2 million) and Bain Capital (with almost $1.8 million in do …"

"… articular champion of the carried interest tax break. His wife is a former Goldman Sachs vice president, and now works as a partner in a Wall Street private equity …"

FACT CHECK: GOP candidates misstate taxes and federal government pay

By FactCheck.Org

Republican debate featured mistakes on how many people pay taxes and how much they spend on tax prep

Excerpts from this story referencing "Newt Gingrich":

"… esota Rep. Michele Bachmann, businessman Herman Cain, former House Speaker Newt Gingrich, former Utah Gov. Jon Huntsman, Texas Rep. Ron Paul, Texas Gov. Rick Perry …"

FACT CHECK: John Boehner’s big stretch on small business

By FactCheck.Org

Speaker Boehner majorly flubs statistics on "millionaire" tax question

FACT CHECK: Herman Cain’s pattern of evasion and misdirection

By FactCheck.Org

GOP candidate contradicts himself on abortion, 9-9-9 and now, on allegations of sexual harassment

FACT CHECK: Rick Perry’s dubious tax promise

By FactCheck.Org

Texas Gov. and presidential contender's flat tax plan isn't quite flat for lower-income taxpayers

How candidates' tax plans would affect one struggling family

By Amy Biegelsen and John Aloysius Farrell

Republican presidential candidates' ambitious tax plans don't help working class

Wealthy corporations with a trillion dollars stashed offshore lobby for a 'holiday' from U.S. taxes

By John Aloysius Farrell and Aaron Mehta

Wealthy corporations are lobbying for a tax holiday for a trillion dollars stashed offshore

Excerpts from this story referencing "Barbara Boxer":

"… ose districts encompass California’s Silicon Valley, and California Sen. Barbara Boxer, for example, support the bill. “The Great American Jobs Act Caper” In …"

How an Obama fundraiser turned Oklahoma into a personal tax haven

By Bill Allison

How George Kaiser turned Oklahoma into his personal tax haven

Excerpts from this story referencing "Internal Revenue Service":

"… ist of the 400 wealthiest Americans, Kaiser reported taxable income to the Internal Revenue Service just once, totaling $11,699 — equivalent to a full-time hourly wage of $ …"

"… ime Kaiser caught the attention of government tax officials. In 1997, the Internal Revenue Service sent Kaiser and his companies bills for more than $72 million in back taxe …"

FACT CHECK: Obamas' tax rate not lower than the average teacher's

By FactCheck.Org

From every angle, the Obamas' tax rate was substantially higher than that of a teacher or firefighter

GAO says at least 3,700 stimulus recipients are delinquent on taxes

By Laurel Adams

Stimulus recipients who got $24 billion owe $750 million in taxes

IRS isn't catching fraudulent and excessive home energy credits

By Laurel Adams

IRS can't verify $6.8 billion in energy tax credits claimed by home owners

Medical device industry lobbies IRS, Congress to dodge health law tax

By Joe Eaton

Device makers lobbying to get out from under tax imposed by health care reform law

Excerpts from this story referencing "Internal Revenue Service":

"… ay be a long shot, so to hedge its bets, the industry is also lobbying the Internal Revenue Service to write rules exempting hundreds of devices from the excise tax — even …"

"… lt, the medical device industry has taken the fight beyond Congress to the Internal Revenue Service, which will administer the tax.That part of the struggle appears to be spl …"

Pages