I indicated earlier that I didn’t think that a second economic stimulus package would be considered until after the elections – and it looks like
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Foreclosures, Debt Forgiveness and Mortgage Losses Explained
There’s a lot of good discussion on the Fix the Tax Code Friday comments thread about debt cancellation and mortgage debt cancellation relief. I started
Read MoreStanford Law Grad Engages In “Risky Business”
What’s the difference between a lawyer and a prostitute? A prostitute will stop screwing you when you’re dead. How often is it that I can
Read MoreSecond Checks From IRS Are Not Part Of Additional Stimulus Package
Lately, there have been a number of emails and comments regarding the possibility of a second stimulus package. You can read what I had to
Read MoreQuick, While The Nation’s Distracted, Let’s Pretend To Fix The AMT!
While the nation’s attention was turned to the financial bank crisis, the House passed a bill increasing the exemption level for the alternative minimum tax
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Some Straight Talk On Capital Losses
As a result of the recent volatility on the stock market, I’ve received a bunch of questions about claiming losses on individual tax returns. What’s
Read MoreSilence & Respect
The weather is beautiful today in Philadelphia. The skies are blue and the sun is shining brightly. It looks like any other September day. Only
Read MoreSix Degrees of Kevin Bacon: IRS Snoop Gets Probation
Gosh, it’s not even six degrees… 1, Kevin Bacon was one of a number of celebrities that John Snyder snooped on while working for the
Read MoreIRS Delays Use Of Smartcards For Transportation Expenses
The IRS has announced that they have again delayed the effective date of Revenue Ruling 2006-57, originally released in November 2006. The Ruling provides guidance
Read MoreWhy Do Mainers Complain About Their Taxes?
So, I’m on vacation in lovely Maine. Each time we come here (and we’ve been coming for a bit), I constantly hear complaints about the
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