Because paying taxes is painful... but reading about them shouldn't be.
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When it comes to economics, the US and UK tend to find themselves on the same page. A recent example is their consolidated front over the need for banking transparency – both countries took a tough approach with respect to the banking secrecy laws of in Switzerland and Luxembourg. ...
“Girls Gone Wild” founder Joe Francis feels he finally got a break when a federal judge okayed a deal that Francis struck with prosecutors. Under the agreement, Francis was credited with 301 days already served and sentenced to one year of probation. Th...
I’m going all Clairee on Steel Magnolias on you. I’m on the radio! You can check out my interview with Jeff Horwich on Minnesota Public Radio about “sneaky rich people” here (I’m right after the vaccine report): /*
If you’re opposed to extending the first time homebuyer’s credit (I am), you’re probably in the minority. And you’re definitely not in the Senate. The Senate voted unanimously to approve the bill and the House is expected to follow suit (at least the approval bit). Under ...
If you ask a Mainer about taxes, you’re liable to get an earful: Mainers have one of the highest tax burdens in the nation. Nonetheless, on election day, Maine voters turned down proposals to cut taxes. ...
Despite three campaign appearances by President Obama, Governor John Corzine lost his gubernatorial seat in New Jersey to GOP challenger Chris Christie last night. Exit polls showed that the top two concerns for New Jersey voters were the economy and the state’s high property taxes. ...
The Tax Justice Network has recently released its list of the most secretive financial jurisdictions in the world. And who topped the list? Luxembourg? Switzerland? Hong Kong? Caymans? Nope, it’s the United States. Yeah, of America. But don’t get too excited with your finger pointing. I...
And here’s their evidence: Of course more folks are e-filing. It’s fast, it’s easy. And with more folks than ever with internet and computer access, it’s to be expected. But. And you knew there would be a but. Here’s...
What challenges are the IRS facing this year? Apparently not the complexity of the Tax Code. The Treasury Inspector General for Tax Administration (TIGTA) released its perspective two weeks ago on the most serious management and performance challenges confronting the IRS...
Jeffrey Chernick, a toy salesman out of New York, was sentenced on Friday to three months in prison for hiding millions of dollars from the IRS. Upon his release, Chernick will serve six months’ house arrest and six months’ probation. Th...
It looks like 2010 likely won’t be all that different from 2009 – at least when it comes to taxes. Each year, by law, the dollar amounts for certain tax provisions are indexed for inflation. B...
Get ready for it… $10.8 billion. This is an estimate for the extension portion only – the initial credit cost just over $8 billion. Ca...
About a year ago, I was notified by the ABA Journal that my blog was nominated as one of the top 100 legal blawgs for 2008. I was, needless to day, extremely honored. One of my colleagues in Pennsylvania, Neil Hendershot, wrote about my nomination, including some really kind commentary...
Times are tough in Chicago. You can only tax the citizenry so much – and Chicago already shares the distinction of being one of the most taxed cities in America. The solution? Enforcement. No big surprise there. But enforcement costs money. What if you could get your enforcement for free? ...
Taxpayer asks: Hi Tax Girl! I got rid of the husband and now I would love to get rid of the engagement ring. I have thought about donating it to a non-profit animal rescue group for them to auction at one of their charity events...
