Tag Archive: Tax Returns


Exclusive: Clinton Charities Will Refile Tax Returns, Audit For Other Errors

 

 

 

 

 

 

” Hillary Clinton’s family’s charities are refiling at least five annual tax returns after a Reuters review found errors in how they reported donations from governments, and said they may audit other Clinton Foundation returns in case of other errors.

  The foundation and its list of donors have been under intense scrutiny in recent weeks. Republican critics say the foundation makes Clinton, who is seeking the Democratic presidential nomination in 2016, vulnerable to undue influence. Her campaign team calls these claims “absurd conspiracy theories.”

  The charities’ errors generally take the form of under-reporting or over-reporting, by millions of dollars, donations from foreign governments, or in other instances omitting to break out government donations entirely when reporting revenue, the charities confirmed to Reuters.

  The errors, which have not been previously reported, appear on the form 990s that all non-profit organizations must file annually with the Internal Revenue Service to maintain their tax-exempt status. A charity must show copies of the forms to anyone who wants to see them to understand how the charity raises and spends money.”

 

    If you were discovered to have wrongly reported income o your tax returns would the IRS be so kind as to give you a do-over ?

 

Reuters has the whole story

 

 

 

 

 

 

 

 

 

 

 

 

Did The IRS Give Mitt Romney’s Tax Returns To Harry Reid?

 

 

 

 

” During the 2012 presidential campaign, Harry Reid claimed to have intimate knowledge of what was secretly inside Republican presidential nominee Mitt Romney’s tax returns.

As President Obama’s campaign slammed Romney nearly every day for not releasing more tax returns, the Senate majority leader repeatedly made the unsubstantiated claim that, at one point in his life, Romney hadn’t paid taxes for almost a decade.

He even did so from the floor of the U.S. Senate.

Since the new IRS scandal broke, Republicans have found the question of who Reid got his information from — and from where — intriguing.

“We all wondered how Harry Reid had Mitt Romney’s taxes,” Republican National Committee spokeswoman Kirsten Kukowski told The Daily Caller. “The question is, will he call for a full investigation into the IRS?” ”

 

 

 

 

 

 

 

 

 

 

 

 

Obamas’ Tax Return Shows Lower Earnings

 

Obama_Tax_Return

 

 

” President Barack Obama and First Lady Michelle Obama paid $112,214 in federal income taxes in 2012 on adjusted gross income of $608,611, an effective rate of 18.4%, the White House said Friday.

The first family’s income declined from the $789,674 in adjusted gross income they reported in 2011. That year they paid total federal taxes of $162,074, an effective rate of 20.5%. Their 2012 income continues a steep decline from 2010 when they reported $1.7 million in adjusted gross income, the bulk of which was royalties from sales from books written by Mr. Obama.

Meanwhile, Vice President Joe Biden and wife Jill Biden reported adjusted gross income of $385,072 in 2012, the White House said. The Bidens paid $87,851 in total federal tax for 2012, a further $13,531 in Delaware income tax and $3,593 in Virginia income tax. The Bidens contributed $7,190 to charity in 2012.”

 

 

 

 

 

 

Startling Stats About Taxes Found In IRS Data

 

 

” How much is the average tax refund? How does your own gross adjusted income compare to that of other tax payers? WSJ’s Jason Bellini mined IRS data for intriguing facts about U.S. taxes.”

“Where’s the Apology, Harry?”

“Harry Reid owes Mitt Romney an
apology.

  The Romney campaign on Friday
released details of the Republican
nominee’s 2011 federal tax return,
along with a signed letter from his
tax advisers attesting to the fact that
Romney paid taxes from 1990 to
2009.

  Their statement flatly contradicts
Senate Majority Leader Reid’s
unfounded and baseless assertions,
made repeatedly over the last several months, that Romney paid no taxes at all for 10 years.

  “He didn’t pay taxes for 10 years!
Now, do I know that that’s true?
Well, I’m not certain, but obviously
he can’t release those tax returns.
How would it look?” Reid told the
Huffington Post in July .”

100 Percent FED Up

 

So what does Dirty Harry have to hide ?

  ” Conservatives have begun accusing Reid of hypocrisy for his attacks on Romney. And the Las Vegas Review-Journal — in a
somewhat different context — on Monday resurrected a 1974 statement in which Reid said: “Any man or woman who will not be completely candid about his or her
finances does not deserve to be in public office.” ”

   And while we are at it , how does a “public servant” of over three decades with a salary of under 200k develop a net worth in excess of $10 million ?

Update: We have received unconfirmed reports that Harry Reid is a pederast . Reports that he refuses to deny .

   So , all of a sudden tax returns are just a distraction ?

  What a difference a day makes …LOL ….These people are absolutely shameless .

  “Facing questions about why she and other top Congressional officials won’t release their tax
returns, House Minority Leader Nancy Pelosi (D-Calif.) downplayed her previous demands for
presumptive GOP presidential nominee MittRomney to release his, calling the issue a distraction.

  As recently as Wednesday, Pelosi had strongly urged Romney to provide further disclosure of
his tax returns. But today, while maintaining Romney should release more documents because of “custom” and “tradition,” Pelosi said the issue was trivial compared with economic issues. “