As Louisiana looks for ways to patch its budget, it falls back on Gov. Jindal’s plan to offer amnesty. The plan, which was passed by the Legislature, calls for staggered tax amnesty beginning this fall.
It’s that time of year again! Despite evidence that state sales tax holidays actually cost taxpayers money, many states have renewed their temporary reprieve on state sales tax collections for certain back-to-school and hurricane preparedness items – oh, and guns (let’s not forget the guns). Politically, sales tax holidays are “feel good” legislative acts: they…
The beginning of summer often means cookouts, trips to the shore, and camping. For many (including my parents), it also means the beginning of hurricane season. Hurricane season begins June 1 and lasts through the end of October. Thankfully, NOAA (National Oceanic and Atmospheric Administration) forecasters predict a nearly normal Atlantic hurricane season for 2009….
Following in the footsteps of a handful of other governors, Alaska Gov. Sarah Palin has indicated that she will take only 55% of the federal economic stimulus money being offered to Alaska. If that sounds like fiscal responsibility, don’t get too excited. Per capita, Alaska already receives more federal funding than any other state in…
It was a historic day on yesterday with the election of President Elect Barack Obama. It’s almost easy to forget that there were other elections and ballot issues to consider but voters in some states faced a laundry list of issues. Among those were several state tax measures, including: In Arkansas: Voters supported an amendment…
A number of folks who do not believe that there is a law that requires taxpayers to pay an income tax have left comments throughout the site, accusing me and other tax professionals of blind ignorance. Now, I don’t mind a sound difference of opinion or a good debate, but this is my blog and…
The blogosphere is buzzing this morning about the acquittal of Tommy Cryer, a Louisiana attorney. Tommy Cryer was indicted in October 2006 on tax evasion charges. Cryer was acquitted by a U.S. District Court jury of failure to file income tax. Prosecutors claimed that Cryer didn’t pay $73,000 of income tax for the taxable years…