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Obama Targets Job Outsourcing

Posted in May 5th, 2009
by hallslug in Economy, Federal Taxes, IRS, Obama, Politics

Obama Targets Job Outsourcing
President Barack Obama promised sternly on Monday to crack down on companies “that ship jobs overseas” and duck U.S. taxes with offshore havens.
It won’t be easy. Democrats have been fighting — and losing — this battle since John F. Kennedy made a similar proposal in 1961.
The president’s plan would limit the ability [...]

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More Americans Wary of Tax Man

Posted in April 14th, 2009
by hallslug in Economy, Federal Taxes, IRS

More Americans Wary of Tax Man This Year
By Jasmin Melvin
WASHINGTON (Reuters) - As a deep recession strips Americans of their jobs, homes and investments, the 2009 U.S. tax season promises to see a large uptick in first-time delinquent income taxpayers.
“Our calls are up 280 percent,” said Richard Boggs, founder and chief executive of Los Angeles-based [...]

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