Charles J. Sigerseth just won an A… or at least a nice note to his professor. Charles’ entry on the statute of limitations issue is
Read MoreTag: United States Congress
Congress Wants IRS To Play Border Control
And here I thought, in an election year, that nothing would get done. In the blink of an eye, the Senate has managed to pass
Read MoreTax Trivia Giveaway #1: Top Tax Rates
Our first tax trivia question is: In 1913, Congress levied a one percent tax on net personal incomes above $3,000, with a six percent surtax
Read MoreAsk The Taxgirl: I Forgot Schedule M
Taxpayer asks: I forgot to include the Schedule M with my free e-file.Should I do an amended return or ?Thank you. Taxgirl says: Nope. There’s
Read MoreBoehner Claims Compromise On Payroll Tax Cut Extension
As if we didn’t need further evidence that Congress is phoning it in these days … House Speaker Boehner (R-OH) backtracked Thursday afternoon and announced
Read MoreCongress To Taxpayers: We Give Up
For the second time in so many months (remember the debt ceiling deadline debacle?), Congress has thrown up its hands and walked away. After failing
Read MoreBoehner Pushes For One Year Extension On Payroll Tax Cuts
It’s not often that you’ll see me lauding House Speaker John Boehner (R-OH) as the voice of reason but here it is: the man is
Read MoreCompromise Should Avoid Government Shutdown
Nothing is written in ink (yet) but all indications are that Congress has reached an agreement that would avoid a government shutdown. While the details
Read MoreShutdown Looms, Payroll Tax Cut Extension Still Not Approved
The “naughty” list is getting longer… No, I’m not talking about Amy pinching her brother this morning while getting ready for school. I’m talking about
Read MoreShould Millionaires Be Eligible For Unemployment Benefits?
Last week, the Department of Labor released the latest unemployment figures. The good news is that the unemployment rate fell by 0.4% to 8.6% in
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