Hey, you didn’t hear it from me. I’ve sworn off commenting on Murphy, remember? I’ve said my piece on Murphy – and argued with opposing counsel. I’ve posted my mea culpa. I’ve updated regarding Murphy’s petition for rehearing and the subsequent rejection of that petition. I’ve also referenced the Ninth Circuit’s decision not to address…
One of my favorite things to post about at taxgirl.com are tax policy issues. I am particularly struck by sin taxes and revenue raisers based on what “the norm” (whatever that is) might consider to be immoral behavior. This includes taxes like the crack tax, the pimp tax and the stripper tax (note to readers:…
This week, the US marked the fifth anniversary of the war in Iraq. President Bush is expected in his remarks on tomorrow to confirm that the war in Iraq was necessary, saying, “Removing Saddam Hussein from power was the right decision, and this is a fight America can and must win.” He is also expected…
A federal judge has ruled that New Jersey cannot limit the interest rates and fees national banks can charge for taxpayer RALs (refund anticipation loans) even though the judge noted that the loans’ APR average 115%. Nope, not a typo, that’s well over 100%. New Jersey law limits interest and fees to 30% of the…
My inbox has been filled with folks wanting to know when the IRS would begin mailing rebate checks and how the order would be determined. Well, wait no more. The IRS has released a statement explaining the order of the rebate checks. The order is as follows: (author’s note: image no longer available) Remember that…
“How much am I getting?” That seems to be a popular question as it relates to rebate checks. If you want to know in advance, you can check out the “Economic Stimulus Payment Calculator” on the IRS web site. How does it work? You must answer a series of questions on the web which the…
Taxpayer asks: Hi, I have a question, I’m hoping you can help me resolve my issue. My husband recieved a 1099 Misc form as his only source of income, but we have be told that he has to file as self-employed been he has to file a Schedule C form, but our conflict is that…
Jennifer, over at My Organized Biz, tagged me for a meme about rebates. She asks: 1, If you could do whatever you wanted, how would YOU spend your $600? 2, Is that the same or different from how you actually plan spend it? We’re *lucky* in that the government has decided, in its ridiculously inefficient…
Assemblyman Charles Calderon of California wants the state to consider imposing a tax on new media downloaded from the internet. He is specifically targeting goods like iTunes which are currently exempt from tax. He claims that the sales tax should apply equally to online and in store purchases. I think he might have a point….
Yahoo! has confirmed that it will move its European headquarters from London to Geneva – just a few skips away from Google, which is now located in Zurich. Yahoo! claims that the move is to “increase financial performance” which has been widely translated as related to taxes. The announcement from Yahoo! was made only a…