Until the budget-starved agency is restored, corporations and the wealthy will easily fend off attempts to increase the rates they pay.
Si usted reclama el crédito por ingreso del trabajo (Earned Income Tax Credit – EITC), cuyo beneficiario promedio gana menos de $20,000 dólares anuales, tiene una mayor probabilidad de enfrentarse a un escrutinio de parte del IRS comparado con alguien que gane veinte veces más. ¿Cómo es que un beneficio para los trabajadores pobres se ha estado ejecutando en contra de ellos?
An internal document and current and former company employees show the companies steered customers away from the government-sponsored free option and made them pay.
For many people, filing for bankruptcy is a luxury that’s out of reach. A new report by the primary bankruptcy professional organization is full of recommendations that, if implemented, could help change that.
Following up on ProPublica stories about the IRS, lawmakers pressed the commissioner on the agency’s disproportionate focus on auditing the working poor while examinations of the rich plummeted.
Why are the rural poor audited more frequently than other groups, he asks, citing ProPublica. Another Democratic senator adds, “There are two tax codes in America, and there are also two enforcement regimes.”
Ten years ago, the tax agency formed a special team to unravel the complex tax-lowering strategies of the nation’s wealthiest people. But with big money — and Congress — arrayed against the team, it never had a chance.
A new study shows dramatic regional differences in who gets audited. The hardest hit? Poor workers across the country.
Bernie Sanders, Elizabeth Warren and three fellow senators say the agency should do more to tackle financial crimes, even in the face of crippling budget cuts.
If you claim the earned income tax credit, whose average recipient makes less than $20,000 a year, you’re more likely to face IRS scrutiny than someone making twenty times as much. How a benefit for the working poor was turned against them.
An eight-year campaign to slash the agency’s budget has left it understaffed, hamstrung and operating with archaic equipment. The result: billions less to fund the government. That’s good news for corporations and the wealthy.
Millions of low-income families rely on the earned income tax credit. We took an IRS audit notice sent to one taxpayer who’d claimed the EITC and annotated it to help explain what it really means.
Audits and criminal referrals are down sharply since Congress cut the tax agency’s budget and management changed priorities.
There’s ample evidence many people don’t file for bankruptcy simply because they can’t pay an attorney. It’s a fixable problem.
In the latest sign that the Consumer Financial Protection Bureau is pulling back from aggressive enforcement, it dropped an investigation triggered by a 2013 ProPublica story about a lender that charges triple-digit interest rates.
En la principal ciudad de California, estafadores se aprovechan de propietarios que arriesgan perder sus hogares. Los latinos son uno de los grupos más afectados.
Los Angeles is the nation’s hub for bankruptcy crime. Scammers prey on struggling homeowners with little fear of getting caught, because criminal enforcement of bankruptcy laws is rare.
The story detailed how the city’s poor black residents are steered into bankruptcy plans they are doomed to fail. Two City Council members are looking at a series of solutions to address the underlying problems.
For years, an Equifax policy has treated some Chapter 13 filers differently than the other two major credit rating agencies. After ProPublica asked about it, the company said it would change the policy.
ProPublica’s analysis of racial disparities in bankruptcy revealed a skyrocketing number of filings in Chicago’s black neighborhoods. But most of the cases will fall apart before the debts are wiped away.