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visit Lazy Man and Money or subscribe to the feed  today!View all blogs (popular) | Personal finance (popular) | Real estate (popular) | Investing (popular) Items 3,007 - 3,031 of 3,155
    Saturday, July 2, 2020 The closure of Minnesota, America's fiscal future in miniature? (22 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
July 2, 2020 at 5:03 pm ET Dear Washington, D.C., take a look at Minnesota on this long weekend when we Americans are supposed to be celebrating our country's independence. Instead, folks in that upper Midwest state are having a decidedly crappy Fourth of July holiday. And it's a picture of what could happen on a national scale if you guys and... ... (more) Friday, July 1, 2020 Taxpayer Advocate says taxpayers will pay if IRS budget is cut (12 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
July 1, 2020 at 7:18 pm ET Internal Revenue Service Commissioner Douglas Shulman last month warned Congress that budget cuts to his agency could lead to a bigger federal deficit. The math is simple. If the IRS doesn't have enough money to enforce tax laws and collect revenue, the U.S. Treasury is the big loser. Now the National Taxpayer Advocate Nina E.... ... (more) Charitable checkoff questions raised by Illinois 'borrowing' tax return donations (10 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
July 1, 2020 at 12:46 pm ET When we paid state income taxes in Maryland, I was a big fan of the charitable checkoff system. But looking at what Illinois has done with these philanthropic tax return gifts has changed my mind. A check-off contribution typically allows you to give to a nonprofit when you send in your state tax return by,... ... (more) Thursday, June 30, 2020 Ron and Rand Paul, father-son deficit cutting duo, go their separate ways (31 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 30, 2020 at 5:17 pm ET It's true. Republican Rep. Ron Paul of Texas, who's injected his Libertarian leanings into the GOP presidential nomination battle, and his freshman Senator son Rand Paul of Kentucky are no longer sharing a home in the Washington, D.C., area. Everybody, it seems, has daddy issues, although the younger Paul says traffic was the prime reason... ... (more) Tax cutting on Capitol Hill gets personal (6 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 30, 2020 at 11:07 am ET The president threw down the gauntlet when it comes to taxes and the federal debt limit. Now Capitol Hill plans to make the tax cut fight personal. Senate Democrats today plan to force a vote on tax loopholes, many of which are championed by their Republican counterparts. They're starting with a tax break that Minority... ... (more) Wednesday, June 29, 2020 Kid's camp might be tax deductible (9 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 29, 2020 at 12:05 pm ET The hubby and I are child-free, but our neighborhood is full of kids. It's also full of moms and dads who both work outside the home. So what do our working parent neighbors do when school is out for the summer and their youngsters have hours and hours free? No, they don't drop the kids... ... (more) Tuesday, June 28, 2020 Did brain injury contribute to $80 million tax fraud case? (13 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 28, 2020 at 6:34 pm ET Did injuries sustained by a Michigan drag racer in a non-competition car crash seven years ago contribute to his involvement in an alleged $80 million tax fraud case? That's the question that everyone involved in the case, but particularly Evan Knoll's attorney, hopes will be answered by a court-ordered psychological evaluation. The exam will determine... ... (more) Florida's train to nowhere (19 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 28, 2020 at 2:02 pm ET A Florida Congressman is fighting for a 61-mile commuter rail project in the center of his state that, reports the New York Times, the federal government ranks as one of the least cost-effective mass transit efforts in the nation. Finally, Alaska's bridge to nowhere has company. This long-standing effort by Rep. John L. Mica to... ... (more) Monday, June 27, 2020 Many marriage and divorce tax issues, regardless of couple's gender (6 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 27, 2020 at 2:49 pm ET How serendipitous that New York's decision to sanction same-sax marriages came in June, the most popular month for weddings. OK, it takes 30 days for the law to go into effect, pushing the first exchanging of vows to July 24, but every couple needs time to plan their big day. And it's still is a... ... (more) Sunday, June 26, 2020 New York Amish facing sales tax e-filing dilemma and penalties (14 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 26, 2020 at 8:49 pm ET New York businesses who collect sales taxes now must file those returns and make payments electronically. If they don't, the state's Department of Taxation and Finance will assess a $50 penalty for each failure to e-file. Most Empire State businesses who fall under the mandatory e-filing law which took effect May 30 won't have a... ... (more) Military sponsorships of NASCAR and other sports again under fire (15 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 26, 2020 at 4:31 pm ET The NASCAR drivers are turning left and right today on the road course in Sonoma, Calif. The sport's most popular driver, Dale Earnhardt, Jr., is driving a car with National Guard decals. But some of Junior's fans, as well as those who support other race teams, are worried about a report that Congress will again... ... (more) Saturday, June 25, 2020 Last week at my other tax blog: Pro error, filer pays; Banks sued for foreclosure tax (14 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 25, 2020 at 8:00 pm ET It usually pays to be judicious when it comes to taxes. But when taxpayers didn't exercise enough prudence, their tax actions entered the judicial realm in a couple of cases discussed last week at my other tax blog. Let's start with the U.S. Tax Court case in which the judge informed a couple that their... ... (more) Want to erase the deficit? Enact a stupidity tax (11 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 25, 2020 at 4:51 pm ET Scott Adams, the man who's made a fortune by making fun of the stupidity that abounds in much of corporate life, wants to use that concept in our real world. Specifically, he's suggesting a stupidity tax. "I'm just curious as to whether tax policy could make a huge difference in the effectiveness of society by... ... (more) Friday, June 24, 2020 Golfer Goosen, tax guinea pig (6 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 24, 2020 at 10:13 pm ET Professional golfer Retief Goosen, fresh off a Tax Court case in which he received a split decision on how Uncle Sam taxes his U.S. earnings, wants to make sure everyone knows that he's in good standing with the IRS. The tax case was never a matter of tax avoidance, Goosen told Golf Digest/Golf World magazine.... ... (more) France abandons effort to tax Google (8 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 24, 2020 at 6:39 pm ET Last year France began exploring ways to tax Google and other big online advertising companies. That effort is now dead. The New York Times reported last week that French President Nicolas Sarkozy's party has withdrawn legislation seeking to impose a 1 percent tax on online advertising expenditures in the country. The measure had been introduced... ... (more) NYC bagel maker who had payroll tax run-in is closing iconic store (12 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 24, 2020 at 5:50 pm ET H&H; Bagels, the iconic New York City bagel shop that in 2009 was charged with failure to make payroll tax payments, is closing its Upper West Side store. Earlier this week, H&H;'s store at Broadway and West 80th Street had been stripped of its signage, distinctive brown-striped awnings and ATMs. "It's an institution, almost like... ... (more) The first thing we do, let's blame all the tax lawyers and accountants (15 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 24, 2020 at 4:11 pm ET From the always entertaining "Mr. Kettle, meet Mr. Pot" file we have former IRS Commissioner Mark Everson pointing fingers at tax attorneys and accountants in connection with the 2008 financial industry meltdown. Everson, who headed the Internal Revenue Service from May 2003 until May 2007, played the blame game in a New York Times op-ed... ... (more) Tax activists want U2's Bono to 'pay up' (15 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 24, 2020 at 11:09 am ET Glastonbury Festival. U2. Tax protesters. Yep, that's what is on tap at the famed music event tonight. U2 will be making a long-awaited first appearance at Glastonbury tonight. Among those waiting to greet Bono, The Edge and the rest of the boys as they take the stage will be protesters from Art Uncut. The group... ... (more) Thursday, June 23, 2020 IRS hikes mileage tax deduction amounts (19 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 23, 2020 at 3:27 pm ET After first saying that a midyear change in the optional standard mileage deduction rates wasn't likely, the IRS relented. Today the agency announced that starting July 1, the rate for deductible business travel will increase to 55.5 cents a mile. That's a bump up of 4.5 cents from the 51 cent rate that's in effect... ... (more) Alaska leads state tax revenue volatility list; South Dakota is the most stable (6 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 23, 2020 at 1:27 pm ET Part of the reason that most states are struggling with balancing their budgets is that their revenue has been up and down, not just in this fiscal year, but over the past decade. Just how big of a tax money roller coaster ride has it been? The Tax Foundation has computed the each state's volatility... ... (more) Wednesday, June 22, 2020 I love you honey, but not your tax return (1 click)
From Don't Mess With Taxes - view blog entries - visit this blog
June 22, 2020 at 4:10 pm ET June is the month when lots of couples are saying "I do." But when it comes to filing a joint return, many opt to say "I don't." True, opting to fill out your Form 1040 as married filing jointly is the preferred filing status for wedded couples. That's because in most cases, it produces the... ... (more) Man steals mistakenly deposited $110,000 IRS tax refund
From Don't Mess With Taxes - view blog entries - visit this blog
June 22, 2020 at 12:22 pm ET Too often, tax refunds end up in the wrong hands because a criminal has actively gone after the money, usually employing some sort of identity theft computer hack or tax scam. But a California woman discovered a mistake that she made on her tax return sent her $110,000 IRS refund directly to a thief. Stephen... ... (more) Tuesday, June 21, 2020 Tax cuts don't pay for themselves
From Don't Mess With Taxes - view blog entries - visit this blog
June 21, 2020 at 6:13 pm ET Here's a fun way to wrap up a Monday, getting everyone fighting about, finessing figures, debating discussing tax cuts. Visit msnbc.com for breaking news, world news, and news about the economy Play nice. See you tomorrow! Hat tip: TaxProf Blog Related posts: Democrats support tax fraud and waste; Republicans hate middle-class workers Debt limit, tax... ... (more) Music and video downloads on Rhode Island's potential tax list
From Don't Mess With Taxes - view blog entries - visit this blog
June 21, 2020 at 10:47 am ET Not only were the Beatles great musicians, Rhode Islanders are probably thinking the band was prophetic. After all, "The Taxman" lyrics are a long list of taxable items that used to seem outrageous. But as states cope with dwindling treasuries, we're seeing levies added to a lot of things we never expected to be taxed.... ... (more) Monday, June 20, 2020 California, Texas: A tale of two online sales tax approaches (7 clicks)
From Don't Mess With Taxes - view blog entries - visit this blog
June 20, 2020 at 6:14 pm ET The battle by states to collect sales tax money from online retailers continues to be fought on various fronts with varying degrees of success. The tax collection proposals would apply to all online sellers, but they're known as Amazon taxes because the giant bookseller-turned-general-electronic-retailer is leading the charge against the taxes. In California, a bill... ... (more) Items 3,007 - 3,031 of 3,155
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