The IRS has (finally) announced a formula for determining the refund for businesses and tax-exempt organizations to estimate their federal telephone excise tax refunds. As
Read MoreYear: 2006
Fix The Tax Code Friday: Sales Tax
It’s Fix the Tax Code Friday! It’s also Black Friday – for those of you who are outside of the US, it’s the traditional first
Read MoreNCAA: Ball Is In IRS’ Court
NCAA President Myles Brand has (finally) responded to the ongoing inquiry into the tax-exempt status of the organization in a 25-page letter posted on the
Read MoreNew Faces At The Helm
IRS Commissioner Mark Everson has announced the appointments of Kevin Brown and Linda Stiff as deputy commissioners beginning December 1. Brown and Stiff replace outgoing
Read MoreThe Price You Pay
Following up on my recent post about the NCAA, college sports and tax-exempt status, take a look at this tidbit in USA Today which reports
Read MoreFix The Tax Code Friday: Gambling Losses
It’s Fix the Tax Code Friday! Casinos are headed to Pennsylvania and many other states this year as revenue raisers for state governments. Winnings are
Read MoreA Not So Private Matter
Word on the Street (Wall Street, that is) is that one of the items on the Dems’ new agenda will be to reverse the prior
Read MoreMore Reasons To Love Massachusetts
As if Tom Brady and Curt Schilling aren’t enough, Massachusetts has given some taxpayers yet another reason to be thankful: Patriots Day. The holiday, which honors
Read MorePlease Sir, Can I Have Some More?
As previously reported, the IRS appears to be on a fee raising binge… And they’ve struck again! According to the IRS, as of the first
Read MoreGive A Little Bit
In addition to this being the time of the year when 501(c)(3) organizations come calling for charitable contributions of cash, it’s also the season for
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