Taxes

 NYC mayor Bloomberg announces expanded EITC

May 11, 2013 

NYC mayor Bloomberg announces expanded EITC

New York Mayor Michael R. Bloomberg and a deputy mayor focused on healthcare have announced a pilot program to expand the Earned Income Tax Credit for low-income single workers without dependent children, with the goal of increasing employment and earnings.

 IRS Admits Targeting Conservative Groups Before 2012 Election

May 10, 2013 

IRS Admits Targeting Conservative Groups Before 2012 Election

In an awkward and unprecedented announcement this week, the Internal Revenue Service admitted that it targeted non-profits with “Tea Party” and “Patriot” in their names during the 2012 election year. The agency admitted they held up non-profit status for these groups, demanded lists of contributors to those organizations, and sought additional information about the groups.

Dave McClure

 State to spend $15 million for cybersecurity

May 9, 2013 

State to spend $15 million for cybersecurity

South Carolina needs to spend nearly $15 million next year to bolster cybersecurity in the wake of the largest hacking at a U.S. state agency, a consultant told state leaders Wednesday.