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IRS: Extenders Won't Delay Tax Season Start But Cuts Could Delay Tax Refunds
(Update: The President signed the Extenders bill last night. H/T Ashlea Ebeling) With tax season just around the corner, there’s good news and there’s bad news for taxpayers. I’ll give you the good news first. Despite Congress waiting until the last possible minute (and then some) to pass the tax extenders bill, Internal Revenue Service…
Blagojevich Fundraiser Will Plead Guilty To Tax Fraud
My mother always told me that you are judged by the company that you keep. If that’s true, Governor (for now) Rod Blagojevich of Illinois should likely beef up his already impressive defense counsel. Christopher Kelly, a fundraiser for the now infamous Governor, has decided to change his plea in a federal tax fraud case…
Senate Votes No On Payroll Tax Cuts
Ooh, talk about efficiency. Here I was totally expecting the Senate to at least pretend to entertain extending the payroll tax cut until tomorrow. Instead, they rushed right into a “no” vote a day early. The charge was led by Senate Republicans despite statements by House Speaker (R-OH) in support of an extension. Boehner said…
Shutting Detroit Down
I think a lot of folks make a lot of assumptions about me based on my current demographic. But what you may not know about me is that I’m originally a country girl from the South. My first real album was Randy Travis, my first real concert was George Jones and my dog was named…
New York Attorney General Sends Trump Foundation Cease & Desist Notice
The New York Attorney General’s Office has ordered Donald Trump’s charity to “immediately cease soliciting contributions or engaging in any other fundraising activities” in New York, following up on reports that it had failed to register with the state as required by law.
Vote On Stimulus Bill Expected On Monday
Senate Majority Leader Harry Reid (D-NV) has indicated that the newly “trimmed” stimulus package will go to a vote in the Senate on Monday. The bill now costs approximately $827 billion. You would have thought that the Senate had found the cure for cancer, as they congratulated each other for finally agreeing on something. They…
