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visit Investing Intelligently or subscribe to the feed  today!Viewing entries forView all blogs (popular) | Personal finance (popular) | Real estate (popular) | Investing (popular) | Visit Items 26 - 50 of 395
    Sunday, July 6, 2020 From Don't Mess With Taxes - view blog entries - visit this blog
July 6, 2020 at 2:43 pm ET Australian actor Paul Hogan, portraying the bravado that made his Crocodile Dundee character so popular, has some combative words for his native country's tax office: "Come and get me, you miserable bastards." The Australian Taxation Office (ATO) believes Hogan has not paid taxes on some earnings and has asked American tax collectors for help in... ... (more) Saturday, July 5, 2020 Tasty food taxes (4 clicks)
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July 5, 2020 at 6:14 pm ET Did you have chips with your July 4th hot dog? If you live in one of 17 states, you likely paid tax on that snack. According to the Fedreation of Tax Adminstrators, sales tax at either the state and/or at a more local level is collected on food products sold in Alabama, Arkansas, Georgia, Hawaii.... ... (more) Patriotic sing along (2 clicks)
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July 5, 2020 at 3:06 pm ET Seeing as how it's still the 4th of July weekend and we're all still feeling so darn patriotic, I just had to post this wonderful Muppets rendition of that great march Stars and Stripes Forever (hat tip to Twitterer @JasonCalacanis). Anyone who's ever tried to "sing" it will definitely appreciate this version. ... (more) Women racers rule! (3 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
July 5, 2020 at 12:53 pm ET OK. Maybe not yet, but as I note in my latest Crazy Woman Driver column, my fellow crazy-like-a-fox women drivers are making inroads in the professional racing world. My motorsports epistle for the July issue of the trucker magazine Owner Operator (click the blurb at the top right of the cover) looks at how things... ... (more) Friday, July 4, 2020 The constitutionality of online taxes (12 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
July 4, 2020 at 6:52 pm ET Earlier on this July 4th, the issue of taxation and representation was broached in connection with levies on fireworks purchases. It also came up after the change on July 1 of Washington state's tax system from origin-based to destination-based for shipped goods. That means that taxes now will be collected based on the location of... ... (more) From Don't Mess With Taxes - view blog entries - visit this blog
July 4, 2020 at 12:01 pm ET Dealing with taxes often causes explosive financial -- and emotional -- reactions. In a few situations, however, the connection between taxes and pyrotechnics is literal. Although the independence we Americans celebrate each 4th of July was driven in large part by our battle against unfair taxation, several governmental jurisdictions tag an added tax onto the... ... (more) Thursday, July 3, 2020 Ways to save on your driving vacation (26 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
July 3, 2020 at 11:06 am ET With the sluggish economy and high gasoline prices (thanks in part to fuel taxes, blogged about here), many folks are cutting back on their summer travel. But a "staycation" isn't for everyone. Sometimes you just have to get out of town! If you will be driving, which is the way most of will travel, thanks... ... (more) Wednesday, July 2, 2020 Tax gap again under Congressional microscope (30 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
July 2, 2020 at 6:36 pm ET Interest in how to close the tax gap -- the amount of money the IRS says it is owed but has not been able to collect -- has been rekindled by release of a new Government Accountability Office report. Previous studies have indicated the tax gap for 2001, the most recent year for which data... ... (more) Tuesday, July 1, 2020 New England cigarette taxes on the rise (1 click)
From Don't Mess With Taxes - view blog entries - visit this blog
July 1, 2020 at 10:31 am ET The price of nicotine addition just got more expensive in Vermont. Starting today, the Green Mountain State's tax collector will pocket $1.99 on each pack of cigarettes sold within state borders. That's a hike of 20 cents; the state last bumped up cigarette taxes by 60 cents per pack back in 2006. The added revenue... ... (more) Monday, June 30, 2020 Fuel taxes increase again (4 clicks)
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June 30, 2020 at 6:03 pm ET The summer vacation driving season is here. Do you know what your state's fuel tax rate is? The American Petroleum Institute (API) does. The national trade association for the U.S. oil and natural gas industry regularly tracks gasoline and diesel fuel tax rates. Today it released its latest data compilation, which reflects changes that take... ... (more) Have you called your stock broker yet? (5 clicks)
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June 30, 2020 at 1:22 pm ET It seems a like a lot of people have been tethered to their financial advisers and stock brokers as the market has slipped into negative territory. With oil prices still climbing, the market's bearishness, and the willingness of investors to make reactionary moves, is likely to continue today, I keep a spreadsheet of our holdings... ... (more) Sunday, June 29, 2020 From Don't Mess With Taxes - view blog entries - visit this blog
June 29, 2020 at 1:28 pm ET Remember when Cindy McCain, wife of presumptive GOP presidential candidate John McCain, took a hard line about not disclosing her tax filings? Of course, that was specifically about revealing her federal tax returns. And, of course, political pressure prevailed and she released a little bit of information. But it now appears that Mrs. McCain had... ... (more) Saturday, June 28, 2020 Snipes wants to leave U.S. (3 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 28, 2020 at 1:26 pm ET Action film actor Wesley snipes wants out of the country. Not permanently. Just for a few months to make some more movies. But since Snipes was convicted in March of three misdemeanor counts of failing to file returns on $13.5 million in earnings, he has to get permission from the court. The next month, Snipes... ... (more) Friday, June 27, 2020 Honda hybrid credit drops again July 1 (28 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 27, 2020 at 6:00 pm ET Attention hybrid shoppers. If you want a gas-electric Honda, you'd better get to a dealership soon. On July 1 the tax credit for all Honda hybrids will be reduced yet again. The Honda tax break started its mandated phaseout on Jan. 1. That day, the original credit amounts for each Honda hybrid was cut in... ... (more) Money Hacks Carnival #18 (2 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 27, 2020 at 11:30 am ET You know it, you love it, you want more of it. I'm talking, of course, about money. So you'll definitely want to head over the Money Hacks Carnival #18. This week's host is Hank at My Investing Blog and he gives us a wealth of financial blogging tips, along with a lesson the history of... ... (more) Thursday, June 26, 2020 Another auto expense (7 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 26, 2020 at 6:45 pm ET All the attention of late has been on gasoline prices, including here on the ol' blog with items on gas taxes (here, here, here and here) and the bump in IRS mileage deduction rates. But as any driver can tell you, another big vehicular cost is insurance. June is insurance month for the hubby and... ... (more) Wednesday, June 25, 2020 'Four legs good, two legs bad' (1 click)
From Don't Mess With Taxes - view blog entries - visit this blog
June 25, 2020 at 5:27 pm ET I'm sure all you "Animal Farm" fans immediately recognized that headline as a quote from George Orwell's satirical novel. Today is Orwell's birthday. He was born June 25, 1903, as Eric Arthur Blair. Being a writer and semi-successful rabble-rouser myself, I love Wikipedia's description of Orwell's writing style: "Marked by concise descriptions of social conditions... ... (more) Sept. 28: Politically Religious Day (2 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 25, 2020 at 10:54 am ET Or maybe it's Religiously Political Day. Whatever you want to call it, you might want to go ahead and mark that last Sunday in September on your calendar. It could be an interesting one, from spiritual, political and tax standpoints. On that day, the Alliance Defense Fund (ADF), a conservative legal group, plans to have... ... (more) Tuesday, June 24, 2020 From Don't Mess With Taxes - view blog entries - visit this blog
June 24, 2020 at 10:34 am ET The upcoming change in the business mileage rate got me thinking a bit about other tax considerations of businesses. And then, in perusing some other tax blogs this morning, I ran across a very good item about accounting for your business tax deductions. Whoa! Twilight Zone! In "Defending Your Deductions," Joe Kristan of Roth &... ... (more) Monday, June 23, 2020 From Don't Mess With Taxes - view blog entries - visit this blog
June 23, 2020 at 7:17 pm ET I just got back from a story interview on the other side of Austin. The round trip was 47.8 miles. So upon returning to my office, I was delighted to discover among my tax news e-mails word that the IRS today hiked the optional standard business mileage rate by 8 cents. I was not, however,... ... (more) From Don't Mess With Taxes - view blog entries - visit this blog
June 23, 2020 at 4:04 am ET Iconic counterculture comedian George Carlin is dead. Carlin's publicist said the 71-year-old comic, who had a history of heart trouble, went into St. John's Medical Center in Santa Monica, Calif., on Sunday afternoon complaining of chest pain and died later that evening. Just last week, Carlin was named as recipient of the 11th annual Mark... ... (more) Sunday, June 22, 2020 From Don't Mess With Taxes - view blog entries - visit this blog
June 22, 2020 at 7:35 pm ET Online entities are becoming the preferred avenue for states and localities to collect much-needed tax revenue. As I blogged about here, Amazon is battling it out with various jurisdictions over sales taxes on its Internet transactions. Now, Chicago says eBay and StubHub owe the city amusement taxes on tickets to Chicago-based events that were sold... ... (more) Economic stimulus effects on the IRS (23 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 22, 2020 at 1:10 am ET As IRS Commissioner Douglas H. Shulman was testifying before Congress last week (blogged here) about how his agency was dealing with the delivery of millions of economic stimulus payments, the Government Accountability Office chimed in with its findings on that issue. The GAO report Tax Administration: Data on the Effects of the Economic Stimulus Program... ... (more) Saturday, June 21, 2020 Tax help for summer camp costs (7 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 21, 2020 at 5:33 pm ET Summer is officially here and for many kids, that means camp. For a couple of summers, I spent time at Cisco Junior College learning how to twirl. A baton, not just how to better spin around! Although the classes didn't help me make it as a majorette leading the Kermit High School band on parade... ... (more) Friday, June 20, 2020 Storm victims get extra 1040ES filing time (2 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 20, 2020 at 3:30 pm ET Midwesterners who are coping with flooded homes and businesses have one less thing to worry about right now. The IRS has given taxpayers in some flood-ravaged areas extra time to make their second 2008 estimated tax payment, which was due on Monday. The tax-filing and payment deadlines is postponed in disaster-area counties in Iowa, Indiana... ... (more) Items 26 - 50 of 395
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