Daily Archives: January 6, 2014

Update on Investigation into IRS Targeting TEA Party

In order to expedite the investigations, the IRS has enlisted a team of 150 full-time employees, many of whom are lawyers, working to produce more than 500,000 pages of documents requested by congressional oversight committees. John Koskinen — who was … Continue reading

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Kobe Bryant Would Have to Work 32,837 Years to Reach $1Trillion

One trillion equals one thousand billion. One trillion = 1,000,000,000,000 At about $30.5 million per year, the 2013 highest paid NBA player, Kobe Bryant, would need to work 32, 837 years to reach $1 trillion. Read more.  

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IRS Rule Change Prevents Collection of Automatic Gratuties

A change in tax policy implemented Jan. 1 will prevent restaurant workers from collecting automatic gratuities — the added 18 percent fee many restaurants charge to groups of eight or more — as part of their tips. Instead, that added … Continue reading

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