Not content to let the IRS and Congress finish their investigation first (and perhaps fearing a negative outcome), Blackwater has gone on the offensive. The company, which has found itself go from Blackwater to hot water (I know, bad pun) has recently issued a press release claiming that its “model of using independent contractors Is…
Tomorrow (December 4) marks the deadline for my writing contest for law and paralegal students. And here’s what you can win: – a pound of organic coffee (to help keep you awake during your study sessions) – a taxgirl mug (to drink the aforementioned coffee) – your post on my site (cool mention on the…
Taxgirl asks: My husband and I will be traveling to Jamaica Dec 30 – January 6. The first 2 days are for pleasure and the last 3 we will be bringing donations and helping out at an Orphanage. My questions are, A. is any of this tax deductibleB. if so what do I need for…
I promised to post a bit more about sales tax – and maybe even throw in a little Fair Tax info to boot – later in the year. Before I get to it, I’d like to know: What is your sales tax rate and where are you located?
This is now my favorite tax story of 2007. A woman in my own state of Pennsylvania sued K-Mart – and won – for charging her sales tax on toilet paper. In Pennsylvania, toilet paper is considered a necessity and is not taxable. K-Mart offered to settle with the plaintiff, Mary Bach, providing that she…
Penn State University has released the official salary of Joe Paterno and the news is BIG. Really BIG. And why? Because it’s… get this… $512,664. No missing digits here. The provost at the University of Alabama should be weeping by now. And the folks at the University of South Carolina should demand a refund from…
In an update to my previous story about Stephen Yagman, the National Law Journal has reported that Yagman received three years in federal prison after being convicted earlier this year on bankruptcy fraud and tax evasion. Yagman will likely retire in prison: he is 63 years old. Yagman was also sentenced to two years of…
Following up on my post about the 12 Days of Christmas, which of the gifts would you most like?
If you’re planning on buying the 364 items in “The Twelve Days of Christmas” this year, it’s going to cost you. According to the annual PNC Christmas Price Index (aren’t you glad such a thing exists?), it will cost $78,100 to buy the 364 items, up 4% from last year. That includes the repetitions in…
Red Cross President and CEO – and former IRS Commissioner – Mark Everson has resigned after a request to do so by the Red Cross Board of Governors. His resignation was submitted following information he was “engaged in a personal relationship with a subordinate employee.” The Board “concluded that the situation reflected poor judgment on…