Two watchdog groups are calling on the IRS to reject Crossroads GPS' request to be recognized as a social welfare nonprofit. Democracy 21 and the Campaign Legal Center, nonpartisan outfits that favor tighter campaign finance regulations, wrote a letter
With a new tax scheme comes new tax withholding patterns, and since the fiscal cliff deal is finally officially official, employers will now have to implement the changes in withholding in time for the first few paychecks of the new
The IRS also reminded employers to start withholding 6.2% from paychecks for workers' Social Security taxes, up from 4.2% in 2012 and 2011. The increase is the result of the expiration of the temporary tax cut pushed by the Obama administration to help
Such decisions, along with IRS' oversight of social welfare nonprofits overall, have come under increasing scrutiny as these groups have assumed an ever larger role in elections, pouring an unprecedented $322 million into
Such decisions, along with IRS' oversight of social welfare nonprofits overall, have come under increasing scrutiny as these groups have assumed an ever larger role in elections, pouring an unprecedented $322 million into
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