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Blog Profile / Don't Mess With Taxes


URL :http://dontmesswithtaxes.typepad.com/
Filed Under:Business & Finance / Taxes
Posts on Regator:2040
Posts / Week:6.4
Archived Since:September 28, 2008

Blog Post Archive

Home sales provide most owners a major tax break

Are you seeing the same thing this summer in your neighborhood that I am in mine? I'm talking about "for sale" signs. Even better, most of them have "sold" (or "gone") placards attached to them. The Mortgage Bankers Association's mortgage...Show More Summary

Pot shop seeks Tax Court relief from cash tax payment penalty

The Internal Revenue Service likes to get its money. It also really likes to receive it electronically. The IRS is so committed to electronic transactions that has mandated more and more of them, especially for business taxpayers. One...Show More Summary

5 easy tax tasks to take care of in July

Did you have a great three-day Fourth of July weekend? Fantastic! Now it's time to focus on taxes. Really. Don't act so surprised. Yes, it is summer. But you did click over here to the ol' tax blog. Photo courtesy of Camp Laurel, Maine And I know you know that taxes continue well beyond the traditional filing season. Show More Summary

Preparation is key as severe weather seasons overlap

Ryan Wichman, a meteorologist at WTOL in Toledo, Ohio, couldn't help himself. "I had to share this image from an Iowa tornado last night," he Tweeted earlier today. As a weather geek myself, I totally agree. Brad Goddard's photo is spectacular. Show More Summary

States are getting more of our money. How? Hint: Tax collectors want us to keep shopping

While federal lawmakers, the media and we taxpayers continue to complain about how much of our money Uncle Sam takes, states are quietly pocketing more and more of our cash. State governments collected a record $846.2 billion in taxes in fiscal year 2013, according to the U.S. Show More Summary

Top 10 tax havens for Australian taxpayers

U.S. residents' tax focus this past week was the Internal Revenue Service's latest crackdown on offshore accounts. The dreaded Foreign Account Tax Compliance Act, or FATCA, took effect July 1, giving the IRS another tool to track down international accounts that U.S. Show More Summary

Fireworks and fireworks taxes for July 4th

Today is the one day of the year that drought-stricken Texas doesn't want rain. We want our July 4th fireworks! Of course, we ostentatious celebration loving Texans still realize that one errant spark can ignite a whole swath of dehydrated vegetation. Show More Summary

Arthur kicks off 2014 hurricane season, ruins July 4 celebrations for thousands along Eastern Seaboard

Hurricane Arthur definitely is not patriotic. The first named storm of the 2014 Atlantic hurricane season is expected to hit the Wilmington, North Carolina, area tonight as a category 2 storm. Click images for Hurricane Arthur updates from The Weather Channel. Show More Summary

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Hurricane Arthur definitely is not patriotic. The first storm of the 2014 Atlantic hurrican season is expected to hit the Wilmington, North Carolina, are tonight as a category 2 storm. d After making landfall in the Tar Heel State, forecasters...Show More Summary

Fitness enthusiasts exercised over D.C.'s new yoga sales tax

I love July 4th, but I hate when it and other holidays cut into my exercise routine. Independence Day falling on Friday means my yoga class is canceled. Yoga can be challenging, but I'm a big fan. It's a great way to break up the work day and relieve stress, especially at tax time. Show More Summary

State tax law changes -- from gas to sales to businesses and even soccer -- take effect July 1

July 1 not only marks the middle of the year. It's the start of a new fiscal year for most state governments and that means new laws typically take effect. Here are some of the new tax statutes now on state books. Indiana has changed how it calculates tax on gasoline. Show More Summary

Supreme Court finds contraceptive tax costs 'substantially burdensome' in its ruling for Hobby Lobby stores

Legal minds great and not-so-great have and will continue to parse today's Supreme Court decision that closely held corporations can't be required to provide insurance coverage for contraceptives over their owners' religious objections. Show More Summary

N.C. police discover that some crime does pay ... them!

Make no mistake about it. Law enforcement officers in North Carolina still keep an out for drug dealers and moonshiners. But the cops in the Tar Heel State also are more than happy to accept some financial help from the wrong-doers.Show More Summary

Congress wants to consolidate the many education tax breaks

School is out for the summer, but education remains the hot topic. Starbucks earlier this month announced a partnership with Arizona State University under with the beverage company will cover the tuition costs for its workers who take ASU online classes. Show More Summary

IRS' voluntary tax preparer education and testing program faces stiff opposition before it even starts

If you've watched any of Internal Revenue Service Commissioner John Koskinen's appearances on Capitol Hill, you know he's nothing if not determined. He hasn't backed down under hostile Congressional questioning, so it's no surprise he's not letting a court ruling stand in the way of credentialing professional tax preparers. Show More Summary

U.K. tax system errors mean 3.5 million unexpectedly owe

The Internal Revenue Service can take a little solace in the fact that it's not the only tax system having problems. HM Revenue and Customs, the United Kingdom's version of the IRS, implemented an expensive new system last year that was meant to improve the tax system's accuracy. Show More Summary

Brazilian tax trouble for Ghana's $3 billion soccer bonus?

Ghana's World Cup players apparently got the the money they wanted. They took to the field pitch today to battle Portugal as the international tournament's first round of playfor the Group of Death concluded. The African nation's president reportedly flew around $3 million in cash to Brazil on June 25 to placate the national soccer fútbol squad. Show More Summary

Kids, summer camp tax breaks and our personal X Games site

It's summer, so that means kids are everywhere. Heck, they're even in our yard -- OK, our driveway, since we don't have much of a front yard. Obviously inspired by the X Games held earlier this month in Austin, the neighborhood skateboarders and cyclists have taken over our block. Show More Summary

Lois Lerner's lost IRS emails hearing sequel wasn't as good

Did you make it through last night's prime time grilling of the Internal Revenue Service Commissioner? Don't feel bad. I had to take a break and catch up via tape later myself. I admit it; Jack Bauer was kicking butt! But even the unusual evening session couldn't generate much new excitement. Show More Summary

Terror suspect used tax refund to pay for planned Syria trip

Two Central Texas men have been indicted on charges of attempting to aid terrorist groups. One of them allegedly was going to accomplish that goal thanks to his $5,000 federal tax refund. Michael Todd Wolfe of Austin and Rahatul Ashikim...Show More Summary

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