Taxpayer asks: So I have been seeing Turbo Tax ads on TV that say it will give you a value for any clothing items that
Read MoreYear: 2008
Fix The Tax Code Friday: Advanced Tax Credits
It’s Fix the Tax Code Friday! Amid rumors of a recession, there are whispers about bringing back the advanced tax credit a la 2001. Remember
Read MoreTax Software Promos Heat Up
You can tell that tax time is creeping up on us by the number of tax-related promos appearing on the web. Even from… The Office?
Read MoreWal-Mart Rolls Back Tax Cuts
In law school, you learn in basic tax (“baby tax,” we called it) that you can’t avoid tax on a transaction by making it into
Read MoreRecession Likely Without Tax Cuts?
According to Martin Feldstein, a Harvard economist, the US is on its way to a recession. The only way to avoid it? Tax and interest
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Thanks to Miki for sending this along. It made me smile: (Image no longer available.)
Read MoreWhat’s Your Tax Sign, Baby?
Apparently, you can tell a lot about a taxpayer from their… astrological sign. So says the folks at Money Management International, whose findings were reported
Read MoreTaxing Bottled Water: Saving The Environment Or Killing Business?
I’ve blogged before about how the government uses tax as a method of altering taxpayers’ behavior. Different governments tax cigarettes, sweets and fatty foods and
Read MoreAsk The Taxgirl: Books As Business Expenses
Taxpayer asks:Hi Taxgirl, I have a question about deducting books as business expenses. If I run, say a web development business, and I purchase both
Read MoreIRS May Say No to “Rapid Refund” Type Loans
The IRS is considering saying no to “rapid refund” type loans to taxpayers. The loans, made by tax preparers like H&R Block, have been the
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