With Election Day just around the corner, I’ve received a number of questions about the differences between the Obama/Biden and Romney/Ryan tax plans. It’s nearly impossible to compare the plans note by note for a couple of reasons: The plans aren’t etched in stone. Details on some parts of the plans are fuzzy and others…
Math is, apparently, really hard. A new study released by the Institute for Policy Studies has revealed the following, very not so shocking information: a number of U.S. companies paid their CEOs more last year than they paid the federal government in tax. This is where you’re expecting a big rant, right? Nope. Morality and…
My 7-year-old is always looking for an angle. Recently, she asked for a cookie before bedtime. I said yes. She asked for another one. I said no, just one. “But,” she whined at me, “They’re vegan!” My husband seemed to think she had a point. What Amy was doing was trying to find a loophole….
Imagine for a minute how you’d feel if you found out that Congress passed a law that would allow your neighbor to pay less tax than you – a lot less tax than you – simply because they waited so long to do it. That’s exactly what a measure introduced this week by Rep. Kevin…
Just around noon, a story caught my eye on Twitter. It was a link to a Forbes story claiming that GE had issued a press release confirming that the company had decided, in the midst of public outrage, to return its $3.2 billion refund. I almost choked on my coffee. What company does this? The…
Ah, Ireland. Land of leprechauns, rainbows and… low corporate taxes. That’s right: Ireland is a tax haven. Over the past few years, Ireland has been taking increasing heat from its near neighbors and the US for its perceived efforts to lure corporations to the Emerald Isle. Already facing criticism from many in the UK, Ireland…
About an hour and a half left to file your corporate extensions. If you’re stuck, try @filelater #TwitterTaxTip ** that’s filelater.com for you non-Twitter types! (For more on twitter tax tips, see my prior explanatory post.)
If you’re planning on requesting a corp tax extension, remember it’s an extension of time to file, not time to pay. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)