Apparently doesn’t stay in Texas, but clearly has Texan ties… In what can only be described as an interesting pairing, the Bush administration is backing
Read MoreYear: 2005
Saying No To Gas Guzzlers May Put More Money In Your Pocket
In addition to the obvious (gas savings), buying a fuel-efficient car can put more money back into your pocket. Congress has finally gotten its act
Read MoreWhen Life Gives You Lemons…
Don’t assume that you can just make lemonade. The IRS announced that they will not recognize certain deductions related to the sale/auction of used vehicles.
Read MoreOnly 5 Shopping Days Left Till Christmas
As seen on TaxProf blog, this tee shirt is for sale on eBay (I am not intending to promote eBay here, having no experience with
Read MoreShall I Compare Thee To A Senate Tax Bill?
If you’re interested in a comparison of the two tax bills that I blogged about yesterday, you can read a decent paper comparing the two
Read MoreTis The (Tax Bill) Season
As previously reported, the Senate approved a version of the tax bill. Not to be outdone, the House did, too (yesterday). The problem? Er, they’re
Read MoreTax Revisions Push Through Senate
A number of tax revisions were passed in the Senate, but are sure to face new scrutiny in the House. Among the revisions are: Increased
Read MoreCharity Begins At (Buying A) Home?
From the Department of Justice this week: FOR IMMEDIATE RELEASE TUESDAY, NOVEMBER 8, 2005 WWW.USDOJ.GOV TAX (202) 514-2007 TDD (202) 514-1888 JUSTICE DEPARTMENT SUES ILLINOIS
Read MoreIRS Finds Religion
In one of the most appalling cases (IMHO) to come before the Service in recent years, a church has been warned that it could lose
Read MoreHe’s Making A List And Checking It Twice…
Uncle Sam, that is. CNN.com reported today that tax audits are up 20%. Key on the Service’s “hit list” are small businesses. It’s difficult to
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