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Tag Archives: Internal Revenue Service

No health insurance? Penalties to rise in 2015

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The cost of being uninsured in America is going up significantly next year for millions of people. It's the first year all taxpayers have to report to the Internal Revenue Service whether they had health insurance for the previous year, as required under President Barack Obama's law. Those who were uninsured face fines, unless they qualify for one of about 30 exemptions, most of which involve financial hardships.

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Debt Dilemma (access required)

House sets committee rosters, Dems stronger on Appropriations

2010 decision to mortgage state’s assets threatens cash reserves

Borrowing billions of dollars allowed Arizona to limp through the worst financial crisis in its history. But the decision to mortgage state assets that include the House and Senate buildings has an unwanted underside: It precludes the state from having significant cash reserves.

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Treasury spells out rules on taxing of tribes

In this Dec. 2, 2011 file photo, President Barack Obama, Hartford "Sonny" Black Eagle Jr. and Mary Black Eagle, center, bows their heads in prayer during the White House Tribal Nations Conference at the Interior Department in Washington. Tribal officials say 78-year-old Hartford "Sonny" Black Eagle Jr. died Monday, Nov. 26, 2012 at his home in Lodge Grass on the tribe's reservation in the southeastern part of the state. Black Eagle and his family adopted Obama during a traditional ceremony involving the candidate in the weeks leading up to Montana's Democratic primary. As part of his adoption, Obama received a Crow name that translates as "One Who Helps People Throughout the Land." Black Eagle and his wife, Mary, later attended Obama's presidential inauguration.(AP Photo/Haraz N. Ghanbari)

Taxes cannot be levied on honoraria to a shaman or spiritual leader for religious services, but could be assessed on per-capita payments from gambling revenues to tribal members, under a proposal for taxing Native Americans by the Internal Revenue Service.

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