In Groundbreaking Decision, DC Court Orders IRS to Return Money to Victims

CaptureIn the class action suit of Steele v. United States, the Court ruled that the IRS would be required to return an estimated $270 million in “user fees” charged to Americans in what a U.S. District Court determined was an unlawful expansion of the agency’s authority.

In 2010, the Treasury Department and the IRS issued a tangle of new regulations, including a requirement that tax preparers register for a specific ID number (PTIN) to be entered on all returns. For anyone who had previously been preparing tax returns for others without a state-sanctioned “professional” preparer’s status, this new regulation required them to pass a competency exam before receiving the required PTIN.

After paying the required fees to take the exam and the costs associated with the mandated annual IRS “education courses,” preparers would then have to purchase the mandated PTIN from the IRS. The initial charge was $64.25, and renewal costs were $63. In 2015, the fee was lowered to $50.

Full article: In Groundbreaking Decision, DC Court Orders IRS to Return Money to Victims – Foundation for Economic Education – Working for a free and prosperous world

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New Yorkers May Vote to Split State Away from New York City

Google Maps/A. Boris

There is a very real chance that New York State may split from New York City.

The Washington Post reports that secessionists have been working behind the scenes in New York to split the state into two, or possibly even three different regions. The hope is to help out the state’s struggling economy.

Many residents in the Hudson Valley and upstate regions claim high taxes and tough regulations have been harmful to business. Some also believe that New York City’s liberal views don’t reflect those of the rest of the state. While the idea of breaking up the state isn’t new, the fact that it could actually happen is something that is getting people to take the idea more seriously.

The way the split might happen is if voters choose to hold a constitutional convention. The state allows a convention to be held every 20 years, and the next one would be eligible in 2019.

Full article: New Yorkers May Vote to Split State Away from New York City

Again, not something I’d hold my breath over. California has been threatening the same kind of thing for a long time, and it keeps reaching the news, sounding like it might go somewhere, and then suddenly drops from the news completely.


Jerry Brown: California Taxpayers are ‘Freeloaders’


“The freeloaders — I’ve had enough of them … They have a president that doesn’t tell the truth and they’re following suit,” he said. Brown was speaking in Orange County, defending State Assembly newcomer Josh Newman (D-Fullerton), who is facing a recall effort after voting for Brown’s new transportation taxes in April.

Kira Davis, commenting at RedState, remarks:

The 1,000,000 citizens in Los Angeles county alone who collect food stamps provided by taxpayers are not freeloaders. The millions of illegal immigrants being harbored in California’s sanctuary cities to the cost of taxpayers are not freeloaders. Illegal immigrants being provided “free” legal help by the state on the backs of taxpayers are not freeloaders. The bloodsuckers in the Sacramento legislature who get paid $178 a day in per diem funds on top of their bloated salaries just for walking in the door to their job every day are not freeloaders.

No, you – the burdened, law-abiding taxpayer are the freeloader for simply asking the government of California be more fiscally responsible with the money they already have instead of stealing more of your money without your consent to pay for programs that are already funded but have been raided for pet projects and personal enrichment.

Full article: Jerry Brown: California Taxpayers are ‘Freeloaders’ – Breitbart

Remember, kids: the American tax payer is a freeloader in California. But illegal aliens are “dreamers!”

At least now you know where you stand. But keep voting him and the democrats back into office, California.


And the next broken promise is…

Convention of States Project

After vowing for months to reform the tax code and lower tax rates for middle-class Americans, the Republican-led Congress might not be able to get anything done by the late-summer deadline.

Treasury Secretary Steven Mnuchin even admitted this week that the timeline has become “highly aggressive to not realistic.”

In November’s election, the voters spoke overwhelming in favor of the GOP agenda — less government, lower taxes, more freedom. Now it isn’t clear whether Republicans ever intended to follow through on their major campaign promises, and the American people have taken note.

Full article: And the next broken promise is… – Convention of States

IRS to delay tax refunds for millions of low-income families

The IRS is delaying tax refunds for more than 40 million low-income families this year as the agency steps up efforts to fight identity theft and fraud.

The delays will affect families claiming the earned income tax credit and the additional child tax credit. These tax breaks are geared to benefit the working poor, and many families claim both.

“For most of these people it’s the biggest check they are going to get all year,” IRS Commissioner John Koskinen said in an interview with The Associated Press. “We are sensitive to that.”

The tax filing season starts Jan. 23. But a new law requires the IRS to delay tax refunds for people claiming these credits until Feb. 15. Processing times will delay most of the refunds until the end of February, Koskinen said.

The delay is designed to give the agency more time to screen the returns for fraud. The IRS estimates that it issued $3.1 billion in fraudulent tax refunds to identity thieves in 2014. The year before, the agency says, it paid out $5.8 billion in fraudulent refunds. Over those two years, the IRS says it blocked nearly $47 billion in fraudulent refunds.

Full article: IRS to delay tax refunds for millions of low-income families | Fox News

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Border of North Carolina and South Carolina to realign on New Year’s Day


Some families will find their homes move to the other side of the new border entirely, but others aren’t as lucky. One woman will have the new state line go right through her master bedroom.

The homes that will become split by the new border will now have to pay property taxes to both states.

Another family will see their health insurance change with the move from South Carolina to North Carolina.

Full article: Border of North Carolina and South Carolina to realign on New Year’s Day |

So there was a border dispute between the two Carolinas, basically, and it was allowed to be readjusted. The result is above.

This is insane. If your house ended up being cut in half by a readjusted border, you should be grandfathered in to the state you were originally positioned in and pay property taxes only to that state. Paying to both is ridiculous! And I hope they fight it. There is no way out for the people who ended up with that. You can’t sell the property. Who the heck is going to buy a house in both states that requires a double property tax?! Even if the families packed up tomorrow and moved out, leaving the house abandoned, they’d still own the property and have to pay taxes on it. Someone in the comments suggested “accidentally” having a cooking fire, but even if the house is gone, you still own the land and will be taxed accordingly. So what then?

Government at it’s finest.


Comments Off on Border of North Carolina and South Carolina to realign on New Year’s Day Posted in America, Taxes

Carrier Will Receive $7 Million in Tax Breaks to Keep Jobs in Indiana

The Indiana governor was offering $7 million over 10 years to encourage the company to keep in the state roughly one-third of the 2,100 jobs it planned to ship to Mexico. United Technologies would also get credit from the state for keeping 300 research and headquarters jobs that it didn’t plan to shift abroad.

Mr. Hayes’ pilgrimage to Trump Tower ended roughly two weeks of intensive talks between representatives of Mr. Pence and United Technologies, the Farmington, Conn., parent of air conditioner and furnace maker Carrier. The agreement was touted by both sides Thursday.

People familiar with the negotiations said the company and Mr. Pence’s team also discussed a wide range of priorities, including United Technologies’ interest in a corporate tax overhaul, and regulations the company feels have been a burden to its business.

Mr. Pence admitted on Thursday that he hadn’t thought the company would reverse course, saying it was clear at a March meeting with Carrier officials that “the die was cast.” Instead of keeping the factory open, he negotiated in the spring for the company to pay back about $1.5 million in city and state incentives.

Full article: Carrier Will Receive $7 Million in Tax Breaks to Keep Jobs in Indiana – WSJ

I know there are a lot of heads exploding right now, but if this keeps people in their jobs, I’m OK with this. Seriously, those people will keep working and putting the money back into the economy of Indiana. Without the tax breaks, they are out of work and no money is going in to the economy from them. Yeah, I’m OK with this.


Comments Off on Carrier Will Receive $7 Million in Tax Breaks to Keep Jobs in Indiana Posted in Economy, Taxes