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AUG 29, 2014 - Huffington Post

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HealthCare.Gov Website Faces New Challenge: Tax Forms

WASHINGTON (AP) — The federal agency that had trouble launching a health insurance website last fall has a massive new project. Any glitches on this one could delay tax refunds for many Americans. Because of complicated connections between the new health care law and income taxes, the Department of Health and Human Services must send out millions of new tax ...

Tags: HealthCare.Gov Website Faces New Challenge: Tax Forms,  Internal Revenue Service Latest News

AUG 22, 2014 - Business Insider

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Wylys' Lawyer Warns SEC's $729 Million Claim Would Bankrupt Them

By Joseph AxNEW YORK (Reuters) - A lawyer for Texas tycoon Sam Wyly and the estate of his late brother Charles told a federal judge on Friday that a U.S. securities regulator's demand for more than $729 million in damages would "bankrupt" the one-time billionaire.Harry Susman told U.S. District Judge Shira Scheindlin in Manhattan the U.S. Securities and Exchange Commission's ...

Tags: Wylys' Lawyer Warns SEC's $729 Million Claim Would Bankrupt Them,  Internal Revenue Service Latest News

AUG 19, 2014 - Huffington Post

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Bruce Rauner Under Scrutiny For Caribbean Investments, Punching Remark

Illinois GOP gubernatorial candidate Bruce Rauner is under heightened scrutiny in light of new revelations regarding his use of investment funds in the Cayman Islands. A dozen funds in total were set up in the Caribbean nation between June 2009 and July 2011 by private equity firm GTCR which, according to the Chicago Sun-Times, was chaired by Rauner at the ...

Tags: Bruce Rauner Under Scrutiny For Caribbean Investments, Punching Remark,  Internal Revenue Service Latest News

AUG 19, 2014 - Washington Business Journal

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Former IRS commissioner: Political environment impedes tweaking the ACA, reforming tax code

At a time when political discourse is dominated by the extremes, it's unlikely that Congress will tweak the Affordable Care Act or move forward with reforming the country's tax code, former Internal Revenue Service Commissioner Mark Everson said Tuesday during a visit to Greensboro. "Legislative activities get done through a political process, rather than through a legislative process that's driven ...

Tags: Former IRS commissioner: Political environment impedes tweaking the ACA, reforming tax code,  Internal Revenue Service Latest News

AUG 19, 2014 - Zero Hedge

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Frontrunning: August 19

Just how many rats are there? Steven Cohen's Firm Loses Another Top Executive (WSJ) Iceland Sees a Potential Volcanic Eruption, and Airlines Cower (Bloomberg) Iraqi forces battle to drive jihadists from Saddam's home town (Reuters) Israel, Palestinians Agree to Extend Gaza Truce for 24 Hours (BBG) Pimco now buying junk (BusinessWeek) Pakistan arrests 147 in Punjab towns as protests in ...

Tags: Frontrunning: August 19,  Internal Revenue Service Latest News