"A wise and frugal government which shall restrain men
from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government."
(Thomas Jefferson)

Thursday, September 24, 2009

Oversight of tax-exempt groups like ACORN examined

California Republican Rep. Darrell Issa and Maine Senator Susan Collins asked the Inspector General (Treasury) to investigate. It is about time someone decides to investigate the millions and millions of dollars of taxpayer money that has been given to this corrupt organization. Anyone who has watched a candidate lose due to ACORN voter fraud has been demanding an investigation into ACORN for sometime. Now we have learned they were part of the housing crises with their intimidation factor as well as giving free tax advice that breaks the law. Guess the old addage 'better late then never' applies here.


WASHINGTON (AP) - The Treasury Department's inspector general is looking into the government's oversight of tax-exempt organizations like ACORN when they engage in political activities.

The office of California Republican Rep. Darrell Issa disclosed the IG's decision on Thursday amid a controversy over videotapes of ACORN employees offering advice about how to establish a brothel with underage prostitutes.

(Excerpt) Read more at breitbart.com

UPDATE: Sep 24, 2009 -- IRS Severs Ties With, and Files $2m in Liens Against, ACORN
The IRS has severed ties with ACORN, after several of its employees were caught on video giving advice to a couple posing as a prostitute and pimp. (ACORN in the the past has worked with various groups in providing tax assistance to the poor through the Volunteer Income Tax Assistance Program (VITA).) In addition, the IRS has filed over $2 million in tax liens against the organization. SOURCE: http://taxprof.typepad.com/taxprof_blog/2009/09/irs-severs.html

UPDATE: Sep 24, 2009 -- The office of the Treasury Inspector General for Tax Administration has confirmed to CNN that it is "initiating a review of ACORN." Office spokeswoman Li-Yun Chien told CNN that the inquiry is related to a non-profit fraud investigation, and how IRS internal processes handle possible fraud issues in organizations that are classified as non-profits, like ACORN. SOURCE: http://politicalticker.blogs.cnn.com/2009/09/24/irs-inspector-general-joins-entities-looking-into-acorn/

UPDATE: Sep 24, 2009 --

Breaking Hill's leading nonprofit watchdog Sen Charles Grassley demands ACORN probe/

No comments: