TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Monday, April 26, 2010

IRS Investigates Florida Senatorial Candidate Marco Rubio

Rubio Web CPA, IRS Investigates Marco Rubio:

The IRS is reportedly investigating Florida senatorial candidate Marco Rubio’s use of a Republican Party credit card. ...

Rubio has been criticized in campaign ads for using his Republican Party American Express card to pay for personal expenses, including repairs to his family minivan, grocery bills, plane tickets for his wife, and retail purchases. Rubio blamed accounting errors and said he has reimbursed the party for over $16,000 in expenses. He reportedly racked up over $100,000 in expenses on the card while he was House Speaker, but he claimed most of the expenses were business related.

Any personal expenses that were not reimbursed by him would have to be claimed as personal income on his tax returns. The IRS is reportedly investigating his expenses, along with those of two other state party officials, according to the Miami Herald and the St. Petersburg Times.

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Very interesting, an up and coming Republican and all of a sudden the IRS is interested in him. Wasn't there a President in the 70s who was famous for this kind of thing?

Posted by: mike livingston | Apr 26, 2010 7:01:14 AM

Surely, the timing of this is purely coincidental and, surely, there was no prodding of the IRS by anyone associated with the Democratic Party.

Well, this will drag out in the public until the November elections and then will be silently dropped after that. I'm still waiting for Tom Delay's convictions on the trumped-up charges from a Democratic D.A. that caused him to quit years ago.

Posted by: Woody | Apr 26, 2010 8:42:43 AM