Tax Cuts To Be Made Permanent?
The latest recommendation by the Bush Administration is to make the current tax cuts permanent, while keeping a majority of government programs intact. For a complete overview of the proposed budget, click here.
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Sister Knows Best?
The Lillian Glasser case, as previously blogged about, raises some interesting issues not only about jurisdiction and fiduciary responsibility but a more personal question as to whether a child has the right to visit and provide input about the care of a parent. Ms. Glasser’s case is not unusual. It has attracted media attention, no…
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Do You Know Where Your Tax Info Is?
Today was the deadline for submitting certain tax information, including federal forms W-2 and 1099. Tax season is just beginning!
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The Tribe/Jury Has Spoken…
And former "Survivor" winner Richard Hatch was found guilty of tax evasion on his "Survivor" winnings and other income. He was acquitted of other charges related to bank, mail and wire fraud charges. The tribe, I mean, jury, deliberated for less than one day following a fairly brief trial of just over a week. After…
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Playing Games With Games
The federal tax evasion trial of Richard Hatch, the first “Survivor” winner, is underway. You may recall that the reality star was charged with failing to report his million-dollar winnings to the Internal Revenue Service (IRS), as well as other related charges. Initially, Richard agreed with IRS and then withdrew his plea, claiming that CBS…
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‘Die-Hard’ Steelers Fan
Yesterday was a football fan’s paradise… What great games! And the Steelers managed to unseat the Colts as the AFC favorites. Okay, I’m really a Philadelphia Eagles fan, but the Eagles didn’t give us much reason to cheer this season. The Steelers, on the other hand, were brilliant. Now, I know that Steelers fans are…
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Oops, They Did It Again
And again, apparently. In what can only be described as a monumental oversight… There was an interesting story on CNN.com today about officials at the University of South Florida who misplaced or failed to deposit hundreds of thousands of dollars for more than ten years. Tragic, sure, for the school. But what about the donors? Depending…
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Texas Probate Courts Sure Are Busy…
In addition to the highly publicized case of Anna Nicole Smith, the former Playboy Playmate, who is battling for her late husband’s fortunes at the US Supreme Court, previously blogged about here, Texas probate courts are in the spotlight once again. This time, the case revolves around Lillian Glasser, a New Jersey socialite, and her fortune….
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New Year, New Tax Filing Season
While the new year started for most folks on January 1, the new tax year begins for IRS on today, January 3. Just this week, the IRS will send 17.7 million 1040 tax packages to taxpayers who have previously filed paper returns. This number is on the decline as more taxpayers opt for electronic filing….