Ford Motor Company has filed a lawsuit in federal court, claiming it deserves at least $445 million in accrued interest from the IRS. The years in question are 1983-89, 1992 and 1994 and the issue of interest stems from quarterly tax payments made by Ford that were adjusted after audit. Ford says that the issue…
And I thought Wesley Snipes got off easy… A South Korean court has found former Samsung Chair Lee Kun-hee guilty on tax evasion and securities law violations stemming from transactions allegedly orchestrated on Samsung’s dime – but he escaped jail time. The 66 year old Kun-hee was accused of avoiding more than $112 million of…
Wow, in just about 12 hours (a little over), I’ll be crawling into a cab (before 5am, anyone would be crawling) to head out to San Francisco to speak at BlogHer. I am ridiculously excited for a zillion reasons, not the least of which is that I hear that the high in San Francisco is…
I’m sure that you’ve seen a number of signs and ads that encourage you to donate your vehicle to charity. In our area, they’re plastered all over the place… Do they actually work? Not so much anymore. In 2004, Congress changed the rules regarding car donations for charity. The rules more or less limited the…
Another Tax Geek asked me whether I pay Use Tax on my iTunes purchases (you can answer him, too, by voting in our poll in the sidebar). I do not. I started to reply in the comments and felt that my comment was a bit wordy (as I tend to be) and I felt that…
My daughter was invited to a birthday party today where she expected to swim – only the kids decided to go play a little Wiffle ball first. For six and seven-year-olds, some of them were pretty hardcore ballplayers, even wearing their softball outfits to the park. Katie, standing in her glittery Hello Kitty sandals, didn’t…
I sort of took yesterday off… to be interviewed for an upcoming documentary on taxes. I met with the crew of An Inconvenient Tax at my home on yesterday to talk tax. It was great meeting the guys behind the film. They posted a quick excerpt about filming me on their blog. Hmm. I had…
It’s Fix the Tax Code Friday! I am not among the many folks camped out for an iPhone this morning. As tempted as I am by one – and trust me, I am sorely tempted – I can’t bring myself to buy a product that ties me to AT&T. We suffered through a year of…
Taxpayer asks: Is this true? Post this on taxgirl.com with an answer please. Windfall Tax on Retirement Income Adding a tax to your retirement is simply another way of saying to the American people, you’re so darn stupid that we’re going to keep doing this until we drain every cent from you. That’s what the…
It has not been a good year for Eric Nederlander. Nederlander is probably best known as the guy that Jessica Sklar married for a few weeks before she left him to marry Jerry Seinfeld (ouch). Nederlander rebounded and subsequently married child psychologist Lindsay Kupferman. The two had a baby in 2007 and Kupferman filed for…