…Unlike Jenkens Gilchrist, which folded after being hit with penalties related to tax advice involving tax shelters that the Internal Revenue Service found to be abusive. The IRS announced today that it has reached a settlement with the law firm of Sidley Austin LLP, the successor firm of the 2001 merger between Sidley & Austin…
Our next presidential candidate to be featured in our series of interviews is Mike Huckabee, a Republican and former Governor of Arkansas. I posed the following six tax-related questions to the Governor: 1. What’s the single most important tax issue facing Americans today? 2. If you could only make one “quick fix” in terms of…
The US Supreme Court ruled this week in Hinck v. U.S., 06-376, that only the U.S. Tax Court may review refusals by the Internal Revenue Service to reduce interest payments for underpayment of taxes. John and Pamela Hinck initially brought their case in the US Court of Federal Claims seeking an $18,000 refund of interest,…
It’s Getting to Know You Tuesday! Today’s guest is Kay Bell, of Don’t Mess With Taxes (which you have to read based on the title alone). Welcome, Kay! 1. Where are you now? Austin, Texas 2. What’s your official title and what does it mean? CIAO, Chief Information and Administrative Officer Secondary title: Queen Tax…
Our next presidential candidate to be featured in our series of interviews is Ron Paul, a Republican and Texas Representative. Here are his unedited answers to my six questions: 1. What’s the single most important tax issue facing Americans today? Simply put, taxes are too high. 2. If you could only make one “quick fix”…
The NBA playoffs feel like they’ve gone on forever this season… But even they must pale in comparison to the feeling that Chris Cohan gets when he checks his mail. His tax nightmare just won’t end. I know what you’re thinking… who is Chris Cohan? (Or maybe you already know, I didn’t – I tend…
I wouldn’t think of it! There are lots of ways to incorporate work and play into your life and what better time to think about it than now, when the weather has turned nice here in the northern hemisphere? So, in honor of the nice weather, today our Business Channel bloggers are offering their thoughts…
Our next presidential candidate to be featured in our series of interviews is Joe Biden, a Democrat and Delaware Senator. Here are his unedited answers to my six questions: 1. What’s the single most important tax issue facing Americans today? As I travel across this country, I see the middle class in trouble. For the…
Our next presidential candidate to be featured in our series of interviews is Sam Brownback, a Republican and Kansas Senator. Here are his unedited answers to my six questions: 1. What’s the single most important tax issue facing Americans today? The most important tax issue facing Americans today is Social Security reform because the majority…
Our first presidential candidate to be featured in our series of interviews is Tommy Thompson, a Republican and former Governor of Wisconsin. Here are his unedited answers to my six questions: 1. What’s the single most important tax issue facing Americans today? The growing threat of the AMT to the middle class is the most…