There’s a reason that the stock market continues to make news: over half of Americans own individual stocks, mutual funds, or stocks in a 401(k)
Read MoreCategory: tax policy
Are You Ready For Government Prepared Tax Returns?
“The income tax has made more liars out of the American people than golf has.” – Will Rogers But what if it were easier? And
Read MorePayroll Tax Cut Bill Includes New 'Recapture' Tax For The Wealthy
So now that the payroll tax cut has been extended for two months, what does that mean for taxpayers? Well, even though the collective wisdom
Read MoreSenate Votes No On Payroll Tax Cuts
Ooh, talk about efficiency. Here I was totally expecting the Senate to at least pretend to entertain extending the payroll tax cut until tomorrow. Instead,
Read MoreDeadline, Schmeadline: Congress May Eliminate Automatic Spending Cuts
It was originally touted as the worst thing that could possibly happen. Okay, the second worst. Yet, the failure to meet the self-imposed Congressional deadline
Read MoreIs Your Mortgage Interest Deduction At Risk?
Is your mortgage interest deduction at risk? What about your charitable donation deduction? Your real estate tax deduction? Your medical expenses deduction? Under a new
Read MoreSupreme Court Asked To Answer What’s ‘Fair’ When It Comes To Taxpayers
The Supreme Court has granted certiorari in the case of Armour, et al., v. Indianapolis, et al (docket 11-161). That’s a lawyerly way of saying
Read MoreIs A Robin Hood Tax The Answer?
We love a good underdog story, don’t we? I think that’s why the folklore of Robin Hood – who robbed the rich to the poor
Read MoreIs The Flat Tax A Good Idea?
I was asked to write an Op-Ed piece for US News & World Report that answered the question: Is the Flat Tax a Good Idea?
Read MorePerry Hints At 'Simple' Flat Tax
Martin Scorsese once said about his work: There’s no such thing as simple. Simple is hard. As taxpayers, that’s what we want, right, simple? I firmly
Read More