When the Secret Service scandal initially broke, I, like many taxpayers wondered, exactly, the Secret Service actually did beyond accompanying the President outside of the
Read MoreCategory: history
Tax Trivia Giveaway #10: Presidential Terms & Taxes
Our next tax trivia question is: In honor of President’s Day, today’s trivia focuses on a little presidential and tax history… The top federal income
Read MoreTax Trivia Giveaway #9: Lady Godiva & Tax Relief
Our next tax trivia question is: According to legend, in the 11th century, Lady Godiva took pity upon the people of Coventry who were being
Read MoreTax Trivia Giveaway #7: Bank Secrecy Act
Our next tax trivia question is: Congress passed the Bank Secrecy Act (sometimes referred to as BSA or the Currency and Foreign Transactions Reporting Act), which
Read MoreTax Trivia Giveaway #6: Presidential Election Fund
Our next tax trivia question is: Taxpayers may indicate on their tax returns that money be given to the Presidential Election Campaign Fund. About how
Read MoreTax Trivia Giveaway #5: Drafting The Tax Code
Our next tax trivia question is: The man who is largely responsible for writing the modern-day Tax Code, Ward M. Hussey, also drafted language for
Read MoreTax Trivia Giveaway #4: Social Security Numbers
Our next tax trivia question is: The original purpose of the Social Security number, which was introduced in 1935, was to track individuals’ accounts within
Read MoreTax Trivia Giveaway #3: High Income Taxpayers
Our next tax trivia question is: In 2000, Vice President Cheney and his wife owed federal taxes of $14,295,058 on adjusted gross income of $36,086,635.
Read MoreTax Trivia Giveaway #1: Top Tax Rates
Our first tax trivia question is: In 1913, Congress levied a one percent tax on net personal incomes above $3,000, with a six percent surtax
Read MoreAfter Loss, Romney To Release Tax Returns
So, show of hands: who really thought that former Massachusetts Governor and current GOP presidential hopeful Mitt Romney would win South Carolina? My hand will
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