Investigation expands into Congressman accused of not paying taxes


U.S. Rep. Charles Rangel (D-NY) must feel like Superman. Despite an ongoing ethics probe, the Ways and Means Committee chairman has managed to fend off three votes to have him removed from his position. For awhile, it has seemed that he was invincible.

Last week, however, the bipartisan House ethics committee signaled that might be changing. After 150 subpoenas, 34 witnesses and more than 12,000 pages of documents, the committee clearly believes that it's making some headway: the committee has publicly announced that it will expand its investigation into Rangel's finances.

The timing couldn't be worse for the Rangel -- or better for the committee. After a few years of taxpayer apathy, a dismal economy may be changing public opinion. And an intensified scrutiny of Rangel's finances certainly won't attract the kind of attention that Speaker of the House Nancy Pelosi (D-CA) wants as the 2010 elections draw near.

Originally published
Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.
Can You Claim Gambling Losses on Your Taxes?
Gambling losses are indeed tax deductible, but only to the extent of your winnings. Find out more about reporting gambling losses on your tax return.
Read MoreBrought to you
The Ins and Outs of the Child and Dependent Care Tax Credit
If you are paying someone to take care of your children or another person in your household while you work, you might be eligible for the child and dependent care credit. This credit "gives back" a portion of the money you spend on care, and can reduce your tax bill by hundreds or even thousands of dollars.
Read MoreBrought to you
Why is My Tax Refund Not What I Expected?
There are a few reasons why the amount of your IRS refund may be different than what you’re expecting.
Read MoreBrought to you
Federal Tax Credit for Residential Solar Energy
The Residential Clean Energy Credit for solar energy upgrades to your home has been extended through 2034 and expanded in value.
Read MoreBrought to you