Blog Profile / Don't Mess With Taxes

Filed Under:Business & Finance / Taxes
Posts on Regator:2336
Posts / Week:6.4
Archived Since:September 28, 2008

Blog Post Archive

IRS looks at $600 slots, bingo & keno reporting threshold Gambling industry betting it can keep or increase current W-2G levels

Gambling is big business. It's also big tax money. But the Internal Revenue Service gets the short end of the gambling revenue stick. That's why the tax agency...

U.K. pays a record amount for tax cheat tips

About the only thing that gets people more worked up than the amount tax they pay is the amount of tax that others don't pay, specifically because the nonpayers are cheating on their returns. That's why the Internal Revenue Service has a whistleblower program, where you can turn in suspected tax cheats. Show More Summary

Houston, we could have more flood problems

OK, how did I wake up today in my Austin house but in South Florida? This is the most humid and tropical feeling it's been in the 10 years we've lived in Central Texas. Depending on what happens in the Gulf of Mexico in the next couple of days, it could get worse. Show More Summary

Lessons learned from being tax Peeping Toms

The hubby says my dream of a rural retreat, miles and miles and miles from other people is BS. I wouldn't be able to survive, he contends, without neighbors to spy on. OK, maybe he has a point. I do sometimes seem like Gladys Kravitz's much younger sister. Show More Summary

MTV News and NPR explain the power of taxes

MTV is still around? And it still has a news department? Apparently so. And it's teamed up with NPR to talk taxes. My, my, my how things have changed since we all wanted our MTV. What taxes buy: "Nobody likes paying taxes. Paying taxes...Show More Summary

June 15 is the deadline for estimated tax payers, overseas filers

Looking for something to do this weekend? The Internal Revenue Service has some suggestions. If you pay estimated taxes or are a civilian or military taxpayer living outside the United States, you should spend the coming Saturday and Sunday working on your taxes since they're due Monday, June 15. Show More Summary

Vatican to help IRS get taxpayers to render unto Uncle Sam

The Vatican takes scripture seriously, especially Mark 12:17. "Jesus said to them, 'Render to Caesar the things that are Caesar's, and to God the things that are God's.' And they marveled at him." It's not quite amazement, but it is definitely interesting to see the Holy See signing on to the Foreign Account Tax Compliance Act. Show More Summary

NYC attorney pleads guilty to amended tax return fraud Plus 10 tips on fixing your federal filing mistakes with Form 1040X

Taxpayers usually file amended returns to correct mistakes they made on their original tax paperwork. A New York City product liability attorney, however, sent the Empire State tax department fraudulent amended tax returns and now is looking at prison time. Show More Summary

Louisiana lawmakers ask D.C. lobbyist for tax hike permission Spoiler alert: Americans for Tax Reform's Grover Norquist says 'no'

Louisiana is among the states still struggling to come up with a budget. That's always a difficult process, but it's gotten stickier in recent years. As state money troubles have grown, lawmakers have found themselves bombarded not just by constituents and in-state lobbying groups, but also pressured by folks well outside their state boundary lines. Show More Summary

The tax costs of maintaining private coastal properties

I was born and spent the first 18 years of my life in the desert terrain of West Texas. That's probably why our first family vacation to the Texas coast to see the ocean, as we called the Gulf of Mexico, is still such a vivid memory all these many years later. Show More Summary

H&R Block explores virtual tax preparation

H&R Block sees about 13 million people a year in its retail offices across the country. But there is a physical limit for everything. So H&R Block is, once again, looking into virtual reality as a way to reach more taxpayers. H&R Block...Show More Summary

Computer glitches cost British couples marriage tax break

Technology is great, until it isn't. Thousands of British husbands and wives discovered that recently, as computer problems prevented them from claiming a marriage tax break. A spouse or civil partner can transfer up to £1,060 ($1,619 U.S.) of his or her personal tax-free allowance to a spouse or partner who doesn't pay income tax. Show More Summary

Burning Man 9 percent tax approved by Nevada lawmakers

Burning Man began as a bonfire on San Francisco's Baker Beach in 1986 where a handful of folks celebrated the summer solstice. It's now a week-long festival that drew almost 66,000 revelers last year to Black Rock City, the temporary Nevada desert town that springs up in late summer to support the event. Show More Summary

Weather claims, estimated taxes and more June tax tasks

Texas is finally drying out. For millions of Texans, the extraordinarily wet May was welcome. Rivers are running again and many Lone Star State lakes are finally full(er) after years of drought. After the Trinity River came out of its...Show More Summary

IRS working with tax industry, states to upgrade security Tax identity theft victims also will now get copies of fraudulent returns

The good news for taxpayers is that the Internal Revenue Service recognizes our desire for more do-it-ourselves options and has been offering us more Web-based tax tools. The bad news for taxpayers is that the expansion of online services makes it more likely the IRS will be hit by hackers and other tax fraud criminals. Show More Summary

First Church of Cannabis gets tax-exempt OK from IRS

I'm not much of a church goer, but if the new First Church of Cannabis opens a sanctuary in Austin, I might just drop by services now and again. The Indianapolis-based marijuana-smoking church has received approval from the state ofShow More Summary

Ohio becomes 25th state in which Amazon collects sales tax

Amazon has hit the halfway mark. Today, June 1, the online retailer begins collecting sales tax on products it delivers to shoppers in Ohio. The Buckeye State is the 25th state in which Amazon collects sales taxes. Photo by MikeBlogs...Show More Summary

Patriot Act battle set for Sunday, Sunday, Sunday!

Tonight, with little time to spare before the Patriot Act expires at midnight, the Senate will vote on renewal of the controversial legislation. Or not. Sen. Rand Paul, the Libertarian-leaning junior GOP senator from Kentucky, has decided...Show More Summary

Are we tax sheep? A U.K. collection effort says 'yes'

Do you do things because other people do? You know, the kind of actions that always prompted my mom to ask, "If everyone jumped off a cliff, would you, too?" Sorry, Mom, but apparently that is what we do. We are sheep. Or at least that's what a sizable chunk of United Kingdom taxpayers did when it came to paying Her Majesty. Show More Summary

Five 529 plan facts to celebrate 529 Day

May 29 is an important if official holiday if you're facing or expect to one day deal with the every escalating costs of college. It's 529 Day. While 529 plans are nicknamed for the section of the Internal Revenue Code that authorizes...Show More Summary

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