President Obama and the First Lady managed to do something that many taxpayers haven’t yet done: they have filed their federal income tax returns for the 2011 tax year (downloads as a pdf). Like most married couples, President Obama and the First Lady file as married filing jointly. They also itemized their deductions, something that…
As tax season draws to a close, I’ve been asked a number of times about the most common question I’ve heard from taxpayers this year. It’s not even close: one question has commanded the most attention all season. It isn’t about dependents or exemptions. It isn’t about deductions or expenses. It’s about a credit and…
I’m flying to Seattle in a few weeks to speak at a conference. I am – wait for it – flying coach. I won’t be in a private jet. I may be one of the owners of my company but I don’t command high profile perks or benefits. But CEOs of huge companies like Ford…
Beanie Sigel has a little excitement planned for Tuesday but it has nothing to do with taxes. Sigel’s new album, Broad Street Empire Vol. 1: Lost Files, is scheduled to drop on Tax Day, April 17, according to Philly’s own DJ Damage. Coincidence? Maybe. Or perhaps it’s a clever reference to Sigel’s tax troubles. When…
