Twenty-five years ago, pop singer Michael Jackson was in the news. Big shoulder pads were all the rage. Libya was under siege. Federal spending outpaced
Read MoreTag: tax
Movin’ On Up: Inflation May Translate To Lower Tax Bills
If you think that the cost of living is increasing, it’s not your imagination. Everything is getting more expensive from gas to milk to peanut
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 MoreOccupy Wall Street Raises Questions About Taxes, Money & Blame
Yesterday marked the month long anniversary of Occupy Wall Street. I realize that there are those that quibble with the dates as the actual protest
Read MoreTomorrow’s Tax Deadline Pushed Off For Some Taxpayers
Taxpayers on extension for the 2010 tax year have until tomorrow, October 17, 2011, to file their returns. If you previously filed for an extension
Read MoreBogus IRS Email Turns More Sophisticated
Here we go again. About two weeks ago, I reported that a new version of bogus IRS email was making the rounds with a notice
Read MoreIRS Proposes New Regulations For Submitting EITC Claims
The IRS announced this week that it is changing the filing requirements for tax pros who submit a federal tax return claiming the Earned Income
Read MoreIRS Just Says No To Medical Marijuana Deductions
Our culture is fascinated with marijuana. We speak in hushed tones about cocaine and other “hard” drugs but we’re pretty outspoken about marijuana. It’s even
Read MoreBogus IRS Emails Resurface
Just a few months after I reported seeing a bump in scam e-mails purporting to be from the IRS, a new version is making the
Read MoreWhat's Mine Is Yours: IRS Issues Estate Tax Portability Guidance
Last December, Congress pushed through a whole set of changes meant to make them look good on Election Day things easier for taxpayers. One of
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