WASHINGTON — The Internal Revenue Service’s Criminal Investigation Division (IRS-CI) reminded taxpayers Friday to file accurate tax returns and choose a tax preparer wisely. The nation’s tax season started Friday, when the agency began accepting and processing 2020 tax year returns. U.S. persons are subject to tax on worldwide income from all sources. Most taxpayers […]
Democrats on the House Oversight Committee accused HHS officials of engaging in a “cover-up to conceal the Trump administration’s misuse of hundreds of millions of taxpayer dollars for partisan political purposes.” New documents released Thursday by Democrats on the House Oversight Committee reveal that Trump administration officials explicitly attempted to use a $250 million taxpayer-funded “public […]
(Anchorage) – Friday the Alaska Supreme Court, in Forrer v. State of Alaska, struck down legislation enacted under the previous Walker administration in 2018 that authorized the issuance of “subject-to-appropriation” bonds to pay outstanding cashable oil and gas tax credits. According to the Department of Revenue, there is $743 million in outstanding tax credits […]
Wednesday the Alaska Supreme Court upheld Superior Court Judge William F. Morse’s ruling ordering Lt. Gov. Kevin Meyer (R-Anchorage) to correct the ballot summary for Ballot Measure 1, Alaska’s Fair Share Act, as requested by initiative sponsors. In a two page order, the court rejected Meyer’s appeal. The court will issue a longer decision […]
