Gas prices are on their way down… and so are the standard mileage rates. The IRS has announced the standard mileage rates for business, moving and medical expenses for the calendar year 2014.
Read MoreFlushing Out The Toilet Paper Tax Exemption
There’s currently a petition to exempt what from taxation? Yep, it’s toilet paper. Focusing on the belief that it’s not fair to tax toilet paper and other basic products, a Florida journalist is hoping to “spare the squares.”
Read MoreBah, Humbug! Cost Of Twelve Days Of Christmas More Expensive This Year
The holiday season is upon us! If you want to show your true love the spirit of the holidays, you could buy all of the items in the “12 Days of Christmas” – but it’s going to cost you this year.
Read MoreWill Congress Drive Up Gas Taxes In 2014?
It could be a whole lot more expensive to drive your car in 2014 if one member of Congress successfully pushes through a proposal to raise the gas tax by 15 cents. But how much support does the bill have? You might be surprised.
Read MoreCyber Monday: It’s The Most Wonderful Tax Evasion Day Of The Year!
Cyber Monday may break records – and state treasuries.
Read More12 Days Of Charitable Giving Starts Soon
The 12 Days of Charitable Giving starts soon!
Read MoreFrom Treasure To Trash: Man Tosses Out Bitcoin Wallet On Hard Drive Worth $9 Million
James Howell, a tech geek in the UK, made the painful realization that he had literally thrown away $9 million when he tossed out his computer hard drive. That hard drive stored 7,500 in bitcoins – an alternative currency that recently soared in value. But Howells’ folly is a good opportunity to talk casualty loss deduction: when can bad luck result in a tax deduction?
Read MoreCould We Stop The Black Friday Madness By Taxing It?
What lures shoppers out on Thanksgiving and Black Friday? Is it the thrill of finding a bargain? What if those bargains weren’t quite so great? Is a national sales tax the solution to the perceived Black Friday shopping problem? And is it really even a problem?
Read MoreGoldieBlox Pulls Beastie Boys Song From Ad, Citing Adam Yauch’s Will
Days after filing court documents to keep their version of the Beastie Boys’ song, “Girls” in their commercial, Goldieblox has announced that they’re pulling the song from the ad. What’s driving the change? The company claims it’s out of respect for Adam Yauch’s request that his music not be used in advertising.
Read MoreThis Man’s Nuts: Plan To Sell Testicle For New Car Is Taxable
What would you give up for a new car? Would you sell a kidney? One man has made it clear that he would… and I ponder the tax consequences.
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