It’s become a cliche to criticize the BCS, but in my opinion its a mindless preoccupation. And now ESPN reports even the President is getting in on the act in spite of the fact that he repeatedly whines about all of the horrible, time-consuming, and overwhelming catastrophes his predecessor, George W. Bush, left on his plate: [...]
Tags: Legislative Watch · Opinion
The TaxGirl reports that Walmart again is offering its customers free tax preparation services: [T]he Walmart Foundation has given One Economy and its partners $4 million to provide free federal and state income tax preparation service online and at locations across the nation. Taxpayers who earned less than $58,000 in 2009 can file for free [...]
Tags: Regulation of Tax Preparers
Tags: Announcements · Regulation of Tax Preparers
“A person’s worth in this world is estimated according to the value he puts on himself.” – Jean De La Bruyere – Well-run tax peparation firms have minimum fees because they have calculated their break-even price points, the point below which they lose money by gaining clients. Poorly run firms, on the other hand, pay no attention whatsoever to the [...]
Tags: Individual Taxation · Regulation of Tax Preparers
I found this interesting FAQ on the U.S. Department of Treasury website (emphasis added): Question: There is much talk about encouraging people to volunteer their time to help organizations that provide community services. Shouldn’t people who do volunteer work be provided with a tax deduction to compensate them for their donation? Answer: Under current law, [...]
Tags: Deductible Expenses · Tax Policy
The DC blog reports that liberal film-maker Michael Moore is a hypocrite: In his 2009 film “Capitalism: A Love Story,” Michigan native Michael Moore went to Wall Street with a request to corporate officials whose companies received bailout money from the federal government. “We’re here to get the money back for the American people,” Moore [...]
Tags: News
Jack Townsend of Federal Tax Crimes blog in Ninth Circuit Joins the Parade on 7206(1) as Deportable Crime: In Kawashima v. Holder, ___ F.3d ___ (9th Cir. 2009), decided 1/27/10, the Court held that Section 7206(1), tax perjury, was a deportable crime and that, depending upon the circumstances, Section 7206(2), aiding and assisting, may be [...]
Tags: Tax Crimes
