The Ultimate In Pay As You Go!
Thanks to a reader who pointed out this article about tax allocation:
http://www.wisegeek.com/what-is-personal-tax-earmarking.html
Thanks to a reader who pointed out this article about tax allocation:
http://www.wisegeek.com/what-is-personal-tax-earmarking.html
It’s Fix the Tax Code Friday! Earlier today, I posted a piece on the new ruling in the UK that Pringles, made mostly of things “other than potato” or not, would be considered a snack food that does not meet an exemption for purposes of sales tax/VAT. In many countries, states and municipalities, foods are…
A court in London has ruled that Pringles, the iconic snacks in the ubiquitous red tube, are not potato chips. Really. Apparently, there are not enough potatoes in Pringles to have them legally qualify as “potato chips” or “potato crisps.” That matters to the tax office because, in the UK, most food is exempt from a…
I’ve been getting a lot of questions from disabled taxpayers about whether any special tax breaks exist for them in 2009. The answer is yes – and no. As I stated in a prior post, there was some economic relief for disabled Americans in 2009 in the form of the Economic Recovery Payment (ERP) –…
The Internal Revenue Service (IRS) has announced an extension of the deadline for its Offshore Voluntary Compliance Program. The deadline, which was initially September 23, 2009, has been pushed out until October 15, 2009. While more than 3,000 have come forward so far, the program is expected to garner considerably more taxpayers before the deadline….
Tonight, our temperature is slated to drop into the 30s. In fact, it’s supposed to start doing that on a pretty regular basis, something I imagine my mom is thrilled about as she packs to come visit me for Thanksgiving. She just loves the cold (insert hysterical laughter here). We live in a 19th century…
A number of folks who do not believe that there is a law that requires taxpayers to pay an income tax have left comments throughout the site, accusing me and other tax professionals of blind ignorance. Now, I don’t mind a sound difference of opinion or a good debate, but this is my blog and…