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1.72 MB
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Extraction Summary

3
People
4
Organizations
0
Locations
2
Events
1
Relationships
3
Quotes

Document Information

Type: Newsletter / client advisory
File Size: 1.72 MB
Summary

A 'Tax Topics' newsletter authored by Blanche Lark Christerson for Deutsche Asset & Wealth Management, dated January 29, 2014. The document summarizes the Consolidated Appropriations Act of 2014, highlighting a $1.012 trillion budget, specific funding cuts to the IRS, and new legislative restrictions preventing the IRS from using funds for ACA support or political targeting. The document bears a House Oversight Bates number, suggesting it was part of a document production related to congressional investigations into Deutsche Bank.

People (3)

Name Role Context
Blanche Lark Christerson Managing Director, Senior Wealth Planning Strategist
Author of the Tax Topics newsletter for Deutsche Asset & Wealth Management.
Barack Obama President of the United States
Mentioned as signing legislation on October 17th and January 17th.
IRS Commissioner Government Official
Required to provide a spending plan to access additional $92 million in funding.

Organizations (4)

Name Type Context
Deutsche Asset & Wealth Management
Header organization, publisher of the document.
IRS
Internal Revenue Service; primary subject of the newsletter regarding funding and regulations.
Congress
Mentioned as passing the Consolidated Appropriations Act.
Service-Wide Video Editorial Board
Entity required to pre-approve IRS videos.

Timeline (2 events)

2013-10-17
End of 16-day government shutdown; President Obama signs legislation.
Washington D.C.
2014-01-17
President Obama signs H.R. 3547, the Consolidated Appropriations Act, 2014, into Public Law 113-76.
Washington D.C.

Relationships (1)

Title listed as Managing Director, Senior Wealth Planning Strategist under company header.

Key Quotes (3)

"the $11.289 billion appropriated for the IRS is about 4% less than last year, and continues a downward trend in IRS funding."
Source
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Quote #1
"none of which can be used to support any provision of the Affordable Care Act (ACA, which is also known as “Obamacare”)."
Source
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Quote #2
"nor can the Service use any of its funds to target citizens who are exercising their First Amendment rights or to target groups for “regulatory scrutiny based on their ideological beliefs.”"
Source
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Quote #3

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