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9 Dec 2006, 10:00 pm
The Congressional Budget Office has released two tax reports on nonprofit hospitals: Nonprofit Hospitals and Tax Arbitrage Nonprofit Hospitals and the Provision of Community Benefits... [read post]
22 Jul 2020, 10:15 am by Steven Chung
Home-office expenses, meal deductions, and other complications due to the coronavirus could make your taxes much more, uh, taxing. [read post]
17 Jan 2007, 9:05 am by KnightsBridge Castle
Never, never hand tax forms to persons standing on the street in front of the post office that may or may not be identity thieves. [read post]
20 Oct 2006, 8:05 am
According to Norris, the Patent Office has actually issued 49 patents for corporate tax strategies, following the logic of a 1998 court ruling that business methods can be patented.This is, of course, absurd. [read post]
19 Jan 2021, 4:00 am by John Luckenbaugh
The IRS Criminal Investigation agency started a little over 100 years ago as an intelligence unit within the IRS, with nothing more than a few Post Office inspectors. [read post]
4 Feb 2020, 10:43 am by Skoloff & Wolfe
Unlike an office building where you’re leasing space and the landlord is collecting a rental stream, the tenants’ income is not part of how you value the business. [read post]
23 Feb 2023, 3:30 am by Kyle Hulehan
Names of Local Income Taxes Differ Among States State Tax Name Alabama Occupational Tax Colorado Occupational Privilege Tax Delware Wage Tax Indiana Income Tax Iowa Local Income Surtax Kansas Local Intangibles Tax Kentucky Occupational License Tax Maryland Income Tax Michigan Income Tax Missouri Earnings Tax New Jersey Payroll Tax New York Income Tax Ohio Municipal Income… [read post]
12 Jul 2021, 7:00 am by Mike Habib, EA
The IRS agent or TCO will use one of the following ways to conduct an audit: In person – they will meet at your home or your business and go over your return At an IRS Office By Mail While in an audit with you, the IRS or the state will ask questions and require documentation to back up what you filed on your return in order to verify the information. [read post]
16 Jan 2023, 7:00 am by Mike Habib, EA
When it comes to tax season, many people are faced with the decision of whether to prepare their own taxes or use an income tax preparation service. [read post]
19 Dec 2012, 3:00 am by Paul Caron
Specifically, it looks at whether taking this pledge 1) violates the duties inherent in a congress member's oath of office and... [read post]
24 May 2007, 9:00 am
The Government Accountability Office yesterday released two tax reports: Tax Debt Collection: Measuring Taxpayer Opinions Regarding Private Collection Agencies (GAO-07-890T) Internet Access Tax Moratorium: Revenue Impacts Will Vary by State (GAO-07-896T)... [read post]
6 Apr 2010, 1:50 am by Paul Caron
Barbara Angus, Tom Neubig, Eric Solomon & Mark Weinberger (all of Ernst & Young and former officials in the Treasury Department's Office of Tax Policy) have published The U.S. [read post]
17 Dec 2007, 11:30 am
The Government Accountability Office today released three tax reports: Federal Grant and Direct Assistance Recipients Who Abuse the Federal Tax System (GAO-08-31): Summary; Highlights; Report Some Hurricanes Katrina and Rita Disaster Assistance Recipients Have Unpaid Federal Taxes (AO-08-101R): Summary; Report... [read post]
17 Mar 2008, 1:00 am
Interesting post on A Taxing Matter: CEO Pay and Taxes: I wonder why middle class taxpayers and those on even lower incomes ... haven't used their power to vote out of office the Congressional enablers who cut taxes for these... [read post]