Blog Profile / Don't Mess With Taxes


URL :http://dontmesswithtaxes.typepad.com/
Filed Under:Business & Finance / Taxes
Posts on Regator:2697
Posts / Week:6.5
Archived Since:September 28, 2008

Blog Post Archive

IRS hiring up to 700 new tax enforcement agents

The bad tax news is that your chances of being audited just went up a bit. The good tax news is that if you're looking for a job with the Internal Revenue Service, the agency is hiring hundreds of new enforcement agents. In an emailShow More Summary

3 tax tips for moms on Mother's Day 2016

Happy Mother's Day! There's no better Mother's Day gift for mom than a homemade "<3 U Mommy" message. (Photo by Donnie Ray Jones via Flickr) Whether you are a mom, have a mom, are planning to become a mom, or are married to a mom, chances are you're taking part in a special celebration this Sunday. Show More Summary

Kentucky Derby's real winners? Thoroughbred horse owners who get tax breaks to help their sport

It's Derby Day. No, not the hat, although fancy chapeaus are a big part of the big race in the Bluegrass State. Well-dressed racing fans at the 2008 Kentucky Derby. Photo by Lee Burchfield via Flickr. It's the running of the Kentucky Derby, the first leg of horse racing's Triple Crown. Show More Summary

Trump floats idea of renegotiated federal debt On personal level, what canceled debt means to individual taxes

Donald J. Trump wants the United States to renegotiate its federal debt. Erasing debt can help with individuals' cash flow, but it brings new tax considerations. I'll leave that economic debate to the experts in the dismal science. They...Show More Summary

Throwing a tax-deductible Cinco de Mayo office party

When most folks think holiday office party, they think Christmas. Here in Texas, though, Cinco de Mayo is a great day for an office party. Today's is the commemoration of the Battle of Puebla in 1862. On that day 154 years ago, the Mexican military defeated the numerically superior French forces that, the year before, invaded Mexico. Show More Summary

Tax collectors use shaming to prompt delinquents to pay

Given all we see on social media, it seems that many people nowadays have no shame. Some government officials, however, think that this pervasive "so what, no big deal, look at me anyway" attitude doesn't extend to unpaid taxes. They...Show More Summary

House Democrats seek return of a tougher estate tax

While most of the world this week was watching the court battle begin over pop icon Prince's estate, some U.S. House members were trying to reconfigure federal law to capture more tax money from more estates. "Requiring more of the wealthiest...Show More Summary

May: Time to focus on flowers, showers & tax moves

Hey, May. You're supposed to be all about the flowers from last month's April showers. You can stop the rain and more any time now. Bluebonnets and more in a Central Texas field along the Willow City Loop. Photo by Kay Bell; art direction by the hubby. Show More Summary

Sex sells, enough to cause Oz madam a $2M tax bill

Brothels are legal in New South Wales, Australia, so officials there had no problem when Jamelie Lahood ran the Stiletto brothel for more than a decade until 2014. A room at Stiletto, a high-end brothel in Sydney, Australia. Photo from the bordello's Instagram account. Show More Summary

Tax gap hits $458 billion

Last week, millions of last-minute filers got their returns to the Internal Revenue Service. As of April 22, the federal tax collector had 136.5 million returns in hand. The tax gap is kind of like the break in the old Florida Keys bridge:...Show More Summary

Happy Arbor Day 2016! Plant a tree or make a potentially tax-deductible donation to an environmental group

J. Sterling Morton started Arbor Day back in 1872 with a simple idea: Set aside a special day for tree planting. Our backyard tree line. That's an oak at left, a crepe myrtle in the middle and a fig to the right, with some junipers and more oaks at back. Show More Summary

Tennessee legalizes -- & taxes -- fantasy sports gambling

It's a wonderful day. In preparation for the 2016 National Football League draft that starts tonight at 8 p.m./7 Central, we step back from the drama of the presidential campaign and get ready for the drama of which young men will become instant millionaires. Show More Summary

Prince's lack of a will highlights the need for estate and inheritance tax planning

The estate planning world is stunned by the news that Prince passed away without a will. Prince performing at Coachella in 2008. Photo by Scott Penner CC BY-SA 3.0 via Flickr and Wikimedia Commons While lots of folks delay officially...Show More Summary

Disaster declaration offers Texas storm victims tax relief

It's official. Much of greater Houston that flooded last week is now a presidentially declared disaster area. Austin didn't sustain the kind of damage from mid-April rains that Houston, about 170 miles southeast, did. But we got enough to fill Lake Travis to the brim, necessitating the opening of a Mansfield Dam floodgate. Show More Summary

IRS needs to address its insider tax ID theft risks

Trust no one. That X-Files admonition has been co-opted for just about everything, but it's particularly appropriate in this time of increasing tax identity theft and refund fraud. It also apparently is taken to heart by the federal office that keeps an eye on the Internal Revenue Service's operations. Show More Summary

Arizona and Massachusetts also will lose tax money on Tom Brady's court-approved suspension

Tom Brady could be sitting out the start of the 2016 National Football League season. Tom Brady taking the field in Denver Colorado, on Dec. 18, 2011, as the Patriots and Broncos were about to play. Photo by Jeffrey Beall (Own work, CC BY-SA 3.0) via Wikimedia Commons. Show More Summary

You rang? IRS was better at answering in 2016

The Internal Revenue Service and millions of taxpayers are breathing easier. Overall, the 2016 filing season went pretty smoothly. A big reason for that was this year's improved taxpayer telephone service. Highways England via Flickr...Show More Summary

Celebrating Shakespeare: poet, playwright, tax cheat

To be, or not to be, a tax cheat, that is the question that William Shakespeare might have asked himself. It seems he answered, "To be." One version of Hamlet's soliloquy from season one of the brilliant Canadian comedy/drama "Slings and Arrows." Click image to watch the full clip on YouTube. Show More Summary

Happy Earth Day to goat farmer Donald J. Trump

Happy Earth Day 2016. April 22 marks the anniversary of the birth in 1970 of the modern environmental movement. For farmers, however, every day is earth day, says Naomi Starkman, founder and editor in chief of Civil Eats, a news outlet that focuses on sustainable agriculture. Show More Summary

Texas' April 23-25 emergency preparation sales tax holiday is too late for some Lone Star State shoppers

Timing is everything. Just ask all the Texans coping with the aftermath of recent spring storms and the unfortunate timing of the state's first storm-related tax holiday. Hail and its damage in Wylie, Texas, earlier in April. (Photos by Mary Ann Olson, left, and Wes Stephens, right, via The Weather Channel) On April 11, the Dallas-Ft. Show More Summary

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