(CNN) - The Treasury Department and the Internal Revenue Service proposed new rules Tuesday that more specifically define the political activity allowed for tax-exempt organizations.
The proposed rules may affect the way groups that played big roles in the last two election cycles operate in the future. Those groups include the Karl Rove-backed Crossroads GPS, the Koch Brothers-backed Americans for Prosperity and the Democratic group Priorities USA Action.
Updated 3:07 p.m. 11/8/2013
Washington (CNN) – House Republicans are returning the spotlight to another Obama administration controversy with the executive branch currently mired in the botched online rollout of HealthCare.gov and broken promises over Obamacare.
House Oversight Chairman Darrell Issa, R-California, is again pressing the IRS over its scrutiny of conservative groups seeking tax-exempt status. He issued another subpoena late Thursday to the Treasury Department, according to two spokespeople for the committee.
(CNNMoney) - You'll have to wait to file your taxes to Uncle Sam this year, thanks to the government shutdown.
The start of the 2014 tax season, which was scheduled for Jan. 21, will be delayed by one to two weeks, the IRS announced Tuesday.FULL STORY
Washington (CNN) - The woman who first confirmed the Internal Revenue Service had unfairly targeted certain political groups is retiring, the IRS said in a statement Monday.
Lois Lerner, director of tax exempt organizations for the IRS, was placed on administrative leave in May, just weeks after she admitted the IRS was applying extra scrutiny to certain groups between 2010 and 2012.
(CNN) – The Internal Revenue Service released a new parody video to Congress on Friday, this time in the styling of Donald Trump's "The Apprentice."
The four-minute video was made for a 2011 Small Business/Self-Employed Division conference and cost $10,000 to produce. The IRS this year came under scrutiny for wasteful spending at conferences, including money spent on other training videos.
New York (CNNMoney) - Two months after the Supreme Court struck down the Defense of Marriage Act, the Treasury Department on Thursday ruled that legally married same-sex couples will be treated as married for federal tax purposes.
The decision has a host of implications, even for couples who now live in states that don't recognize same-sex marriage.FULL STORY
(CNN) - The Internal Revenue Service has issued finalized rules for the individual mandate portion of the Affordable Care Act, President Obama’s healthcare plan.
The individual mandate penalty has long been one of the contentious components of health care reform, with lawsuits questioning the constitutionality of the law reaching the Supreme Court.
Washington (CNN) – Democratic Rep. Chris Van Hollen of Maryland filed a lawsuit Wednesday against the Internal Revenue Service over the agency's criteria for tax-exempt social welfare groups.
The lawsuit seeks clarification over a discrepancy in the way federal law defines eligibility requirements for a 501(c)(4) group versus the way the IRS defines such groups.
The difference comes down to two words: 'exclusively' and 'primarily.'
New York (CNNMoney) – Swipe your card at a local store and you might be creating some serious tax headaches for the business owner.
The Internal Revenue Service has sent out letters to 20,000 small businesses since fall 2012, notifying them of "possible income under-reporting."FULL STORY
Washington (CNN) - House Oversight Committee Chairman Darrell Issa demanded Wednesday that the Federal Election Commission turn over records of more than five years of communications with the Internal Revenue Service - a move that significantly expands the California Republican's ongoing probe of alleged federal targeting of conservative groups.
In a letter to FEC Chairwoman Ellen Weintraub - a Democrat - Issa cited CNN reporting on Monday that raises "the prospect of inappropriate coordination between the IRS and the FEC about tax-exempt entities."FULL STORY