I continue to receive a number of questions about withholding – it seems to be the most confusing of issues that directly affect individual taxpayers.
Read MoreTag: fix the tax code friday
Fix The Tax Code Friday: Social Security
Few can argue that our Social Security system doesn’t need fixing. Even fewer can agree on how to fix it. A number of alternatives have been suggested
Read MoreFix The Tax Code Friday: Filing Year
Most individual taxpayers are on a calendar year for tax purposes – and that just wrapped up on December 31, 2006. Business taxpayers, however, may
Read MoreFix The Tax Code: Holiday Bonus!
As I mentioned on yesterday, holiday bonuses (and the equivalent) are taxable. Seems a little Grinch-y to some folks. So today’s fix the tax code Friday question
Read MoreFix The Tax Code Friday: Children
It’s Fix the Tax Code Friday! I was chatting with a client today who mentioned that her tax picture should be better this year because
Read MoreFix The Tax Code Friday: Sales Tax
It’s Fix the Tax Code Friday! It’s also Black Friday – for those of you who are outside of the US, it’s the traditional first
Read MoreFix The Tax Code Friday: Gambling Losses
It’s Fix the Tax Code Friday! Casinos are headed to Pennsylvania and many other states this year as revenue raisers for state governments. Winnings are
Read MoreFix The Tax Code Friday: Bottoms Up!
It’s Fix The Tax Code Friday! This week’s question: Earlier in the week, following the elections, Nancy Pelosi indicated that she would make it a
Read MoreFix The Tax Code Friday: Charitable Deductions For Non-Itemizers
It’s Fix the Tax Code Friday! Traditionally, charitable deductions have been limited to itemizers (meaning those who opt to take the itemized deduction rather than
Read MoreFix The Tax Code Friday: Expenses
As part of a regular series, I’m instituting “Fix the Tax Code Friday!” Everybody in the US (and beyond) seems to agree that the Tax
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