Cancel 2016.2
The Almighty
http://news.yahoo.com/s/ap/20090131/ap_on_go_pr_wh/daschle_taxes
WASHINGTON – Former Sen. Tom Daschle, picked by President Barack Obama to lead his health reform efforts, recently filed amended tax returns to report $128,203 in unpaid taxes and $11,964 in interest, according to a Senate document obtained by The Associated Press.
The White House acknowledged Friday that "some tax issues" had emerged in connection with the nomination, but a spokesman said the president is confident the former Senate Democratic leader will be confirmed as the new health secretary.
Daschle filed amended tax returns for 2005, 2006 and 2007 to reflect additional income for consulting work, the use of a car service and reductions in charitable contribution deductions. He filed the returns after the announcement that Obama intended to nominate him to head the Health and Human Services Department.
Most of the additional taxes resulted from unreported income from the use of a car service provided him by a close friend and business associate. The unreported income for that service totaled about $250,000 over the three years.
Daschle also had unreported consulting income of $88,333, in 2007. He also had reductions to charitable contributions totaling about $15,000 over the three years covered, according to the Senate Finance Committee document. The document, marked "Confidential Draft," is a committee statement concerning Daschle's nomination.
"Senator Daschle told staff that in June 2008, something made him think that the car service might be taxable and disclosed the arrangement to his accountant," said the committee statement. "Senator Daschle estimated that he used the car and driver 80 percent for personal use and 20 percent for business use. On January 2, 2009, Senator Daschle filed amended returns for 2005, 2006 and 2007 reporting the value of the car service as income."
Anything goes on your taxes this year....
WASHINGTON – Former Sen. Tom Daschle, picked by President Barack Obama to lead his health reform efforts, recently filed amended tax returns to report $128,203 in unpaid taxes and $11,964 in interest, according to a Senate document obtained by The Associated Press.
The White House acknowledged Friday that "some tax issues" had emerged in connection with the nomination, but a spokesman said the president is confident the former Senate Democratic leader will be confirmed as the new health secretary.
Daschle filed amended tax returns for 2005, 2006 and 2007 to reflect additional income for consulting work, the use of a car service and reductions in charitable contribution deductions. He filed the returns after the announcement that Obama intended to nominate him to head the Health and Human Services Department.
Most of the additional taxes resulted from unreported income from the use of a car service provided him by a close friend and business associate. The unreported income for that service totaled about $250,000 over the three years.
Daschle also had unreported consulting income of $88,333, in 2007. He also had reductions to charitable contributions totaling about $15,000 over the three years covered, according to the Senate Finance Committee document. The document, marked "Confidential Draft," is a committee statement concerning Daschle's nomination.
"Senator Daschle told staff that in June 2008, something made him think that the car service might be taxable and disclosed the arrangement to his accountant," said the committee statement. "Senator Daschle estimated that he used the car and driver 80 percent for personal use and 20 percent for business use. On January 2, 2009, Senator Daschle filed amended returns for 2005, 2006 and 2007 reporting the value of the car service as income."
Anything goes on your taxes this year....
