Darrell Issa Can Turn This IRS Scandal Into a Circus on His Own Just Fine, Thanks

Posted on by Caleb Newquist

Congressional Republicans are skeptical the IRS’s treatment of conservative groups warrants a special prosecutor, fearing that step could limit their own investigation into the agency. GOP lawmakers stress that – with just one inspector general's report and three hearings in the rearview mirror – it’s too early to lean on a special counsel, and that calling for the Justice Department to act should be a last resort. “When I can’t do my job because I lack the authority or cooperation, I’ll seek additional remedies,” House Oversight Chairman Darrell Issa (R-Calif.) told reporters on Thursday. [The Hill]

 

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Offshore Account Holdouts Better Start Coming Up with Excuses

Thumbnail image for IRS_logo-thumb-150x140.jpgThe jig is finally up for 500 UBS customers. The Swiss bank has notified the first group of the 4,000 some-odd clients that UBS said they would turn over to the IRS. This is one of those, “Have you ever had to deliver bad news to someone and if so, how did you handle it?” moments.
The good news for you holdouts is that you can still appeal:

Those taxpayers whose names have been selected have 30 days to appeal to Switzerland’s administrative court. Um, good luck with that. Part of the criteria for determining whether to turn over the names involved instances of “clear fraudulent actions” including the production of false documents. I’m not sure you could argue your way out of that one – even in Switzerland.

Never mind. You people are screwed.
UBS Set To Turn Over First Set of Names [Tax Girl]