This week, BMC Software Inc., which was acquired this week by a private investor group led by Bain Capital LLC (yes, that Bain Capital) and Golden Gate Capital together with Insight Venture Partners, GIC Special Investments Pte Ltd, and Elliott Management Corporation, found out its fate in a tax dispute with IRS.
Read MoreMonth: September 2013
Surviving Tax Season: It’s Not Over Yet
With a few weeks to go before tax returns are due for those individuals on extension, tax professionals are already looking forward to the season being over. But who’s to blame for the mess this year?
Read MoreForget Kiddie Tax, New Senate Proposal Would End “Parent Tax”
Everyone in Washington seems to have a plan for tax reform – but at some point, they’re all beginning to sound the same. Senator Mike Lee (R-UT) stands out for his novel approach: benefiting parents. But will it fly in Congress?
Read More2014 Tax Brackets, Exemption Amounts Likely To Save Tax Dollars
Following the release of data from the Department of Labor, Wolters Kluwer, CCH released estimates of what 2014 tax brackets might look like, along with other tax items likes the personal exemption and the standard deduction. How will you be affected?
Read MoreFiguring Out The Fed: What Is It, Why Did Summers Walk Away, & Why Do We Care?
Larry Summers, thought to be the front runner for a nod as the Chair of the Federal Reserve System, has withdrawn his name for consideration of the post. His departure has tongues wagging as to who might be next (Janet Yellen, anyone?) and what that will mean for the economy.
Read MoreAre You Ready For Some (Charity) Football? Defense, Donations & Deductions
Over the weekend, a little game of charity flag football resulted in thousands of dollars donated to charity. But who gets the deduction – and why?
Read MoreBack To School: 10 Smart Tax Lessons To Move You To The Head Of The Class
School is in session and we’ve wrapped Back To School week! In case you missed it, here are ten things you need to know about heading back to school.
Read MoreThe Post I Swore I Wouldn't Write (2013)
It is a beautiful morning in eastern Pennsylvania. As we walked down the drive to the bus stop, my son and I discussed the fog
Read MoreBack To School: If You Pay Your Kids An Allowance, Do You Also Pay Uncle Sam?
It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: if you pay your child an allowance, what are the tax consequences to each of you?
Read MoreBack To School: Can Taxpayer Funded Schools Legally Impose Restrictions On Dress, Hair?
It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: if a school is funded with public dollars, does that give it the right to impose a dress code? What about banning hairstyles and jewelry?
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