GOP in Galveston, TX works to remove Scientology status

A GOP resolution calls for the reclassification of the Church of Scientology from tax-exempt to for profit business. Will it become law? And will it influence the IRS position? Should it?

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Obama Releases Tax Returns, Challenges Clinton To Do the Same

Obama has released his tax returns - and urged Clinton to do the same. But does it matter? Do finances influence presidential choice?

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Has Obama Changed the Race?

What is the presidential election about now? Is it really about race? Or is there something more?

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JoePa's salary made public

After years of speculation, the salary of Joe Paterno has been made public. You won't believe your eyes.

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Former IRS Commish Forced Out of Red Cross

Here's a tip: when heading one of the largest, most public organizations in the world, keep your marital affairs to yourself. Former IRS Commissioner Mark Everson apparently didn't follow this advice and is now the third President/CEO to leave Red Cross in a six year period.

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Looking for Spending Money for the Holidays?

The IRS wants to give you money for a change.

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Does Mitt Romney Favor Stay at Home Moms?

Mitt Romney has now said publicly that homeschooling should be subsidized by the federal government in the form of a tax break. He does not believe in an accompanying federal credit for other alternatives for public school.

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We Don't Care if You Kill Anybody, Just Don't Cheat on Your Taxes

Washington appears to have turned a blind eye to the idea that Blackwater was involved in the killing of civilians. But cheat on your taxes? Never! Waxman calls the company out.

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Million Dollar Baby

Pennsylvania State Senator Vincent Fumo is selling his $7m Philadelphia manse to pay his legal bills - but is the house his to sell? Or does it belong to the taxpayers?

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Does Wal-Mart want your child to read?

Wal-Mart has a pattern of challenging tax assessments to localities where it operates. Good business practice or trying to get something for nothing?

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The Shill of the Game

It's all about the money these days in college sports - with donations pouring into the coffers in exchange for tickets and more, should we really call them amateurs?

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House Cleaning.

The House has approved legislation to shelve an unpopular program for private collection agencies (including a Texas law firm with criminal ties) to collect unpaid taxes. GOP leaders claim it won't pass the Senate and Bush has threatened a veto.

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Jail is sooooo inconvenient.

Poor Wesley Snipes. Tax evasion charges and relinquished to crappy movies only? Will it ever get better?

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Fund children's insurance on the backs of smokers?

Somehow, it's become the fashion to hate smokers. Now we expect them to solve our economic woes. Where does it end?

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9 Ways to Get Your Tax Return Noticed by the IRS (and that's not a good thing)

Feeling like you haven't done enough lately to get audited? Check out these mistakes to get your return noticed.

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Do You Owe Uncle Sam for Reading This?

I can say with certainty that you are not being taxed by the federal government to access the internet as of this second... But all of that may change in a little over a month. Should the government continue to ban tax on the internet? Or is it time to let it go?

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Argh, a Pirate Tax.

Back in the day, the US had a tax on blank cassettes to thwart music piracy. In Canada, a hotbed of music pirates, they have such a tax on CD-Rs. Does it work? No, but it makes the music industry happy. And isn't that what it's all about?

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One Party Worth Skipping.

Ed Brown is throwing a party - only the invitees will likely be arrested for attending. Is Freedom Fest really free?

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Bill Belichick feels fine

Belichick's fine from the NFL might hurt - just a little. But his accountants are now scrambling to figure out, can he deduct it? Or in other words, is this fine really "ordinary" and "necessary"?

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Barack Obama Looking for Answers on LinkedIn

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Crack Dealers Finally Get a Break

A crack tax? There was one in Tennessee... until now.

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Ka-Ching! or Ka-Blooey?

Only one winning ticket was sold in the Powerball jackpot this weekend. The pre-tax, pre-lump sum payment amount is approximately $314 million.

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The Largest Tax Fraud Ever... Over?

Prosecutors learned today that their high profile case against a number of KPMG defendants was over - not because of questions about their guilt (or innocence) but because of alleged constitutional violations.

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iPhone, uTax?

Steve Jobs has announced that Apple employees will receive a high end version of the iPhone at the end of July. Cool, right? Did he happen to tell them that they'll be taxed on it?

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Whatcha Gonna Do When They Come For You?

Attorney Stephen Yagman may now regret his wins against the LAPD and FBI for civil rights violations now that he'll be spending time in prison for crimes of his own.

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