Blog Profile / Don't Mess With Taxes

Filed Under:Business & Finance / Taxes
Posts on Regator:2757
Posts / Week:6.5
Archived Since:September 28, 2008

Blog Post Archive

July is a big birthday month for IRS & Baby Boomers Taxable retirement distributions finally start coming due for folks turning 70½ in 2016

The United States of America tomorrow will celebrate 240 years since independence was declared. Here's wishing all my fellow Americans a safe and fun July 4, especially since our break from Britain was based in large part on the battle cry that "Taxation without representation is tyranny." But another important date arrived just a few days earlier. Show More Summary

'Taxation without representation is tyranny' & 12 other tax quotes for the Fourth of July

The Founding Fathers are getting renewed attention, thanks in large part to the award-winning smash Broadway hit musical "Hamilton." And while George Washington, Thomas Jefferson and the titular Alexander Hamilton, who became the new...Show More Summary

4 East Coast states to test mileage tax

If you're reading this, thank you. You could be one of the 43 million Americans who've already headed out this long Independence Day holiday. I appreciate you delaying your trip, or at least checking this post, fittingly, on your mobile device. Show More Summary

Boris Johnson, who lost his tax fight with the IRS last year, now loses his chance to lead post-Brexit Britain

Boris Johnson, one of loudest voices calling for Britain's exit from the European Union, or Brexit, is in the spotlight again. The tumult continues across the pond, as Boris Johnson, described by many as the United Kingdom's version of Donald Trump, has now ended, at least temporarily, his political career. Show More Summary

4 tax-smart ways to give back on your wedding day

Were you a June bride or groom? Congratulations and best wishes! "We did it!" The happy couple and friends celebrate. (Photo by Lindsey Child via Flickr CC) You have some tax tasks to take care of once you're back from your honeymoon excursion and the thank-you notes have been sent. Show More Summary

IRS stopped $1.1 billion in fraudulent refunds this year More 'under the hood' taxpayer security enhancements planned for 2017 filing season

Taxpayer security, despite some recent issues, actually is improving. That's the word from the Internal Revenue Service and its private sector Security Summit partners Tax crooks tried to claim $1.1 billion in fraudulent refunds on 171,000 returns this latest main tax-filing season, the IRS announced at a press conference this morning. Show More Summary

Electronic advisory committee urges IRS to dive even deeper into the digital pool

As the Internal Revenue Service explores a future that will make more of its customer services digital, it is getting support from an advisory committee. The Electronic Tax Administration Advisory Committee (ETAAC) issued its annual report last week, recommending that the IRS expand its electronic filing efforts and digital strategy. Show More Summary

Mom and golf and The Donald and Brexit and taxes, otherwise known as how I spent Sunday

It's been a crazy weekend, with much of Sunday spent with my mom, who's a major golf fan, and not a bad player herself when she was younger. She still has her hole-in-one trophy. Since I spent most of the day at my mother's, I didn't get around to blogging today. Show More Summary

June 30 deadline looms for foreign account owners

If you have substantial funds in foreign bank accounts or investments, you may need to file a Form 114, Report of Foreign Bank and Financial Accounts. And you need to do so by next Wednesday, June 30. That's a firm deadline. No filing extension is allowed. Show More Summary

IRS stops issuing e-file PINs after new hacker attack

Hackers continue to assault the Internal Revenue Service's online options, forcing the agency to shut down yet another website tool. Another automated bot hacking attempt by identity thieves has forced the IRS to stop issuing e-file PINs. Show More Summary

Tax Foundation examines tax code reform possibilities

Hillary Clinton says the U.S. tax code is "'riddled with scams and loopholes" that benefit the wealthy and corporations. The presumptive Democratic presidential nominee says she'll address those inequities if elected. Donald Trump, her likely Republican opponent, is at the center of questions about tax code loopholes. Show More Summary

IRS commissioner impeachment effort inches along at second, largely ignored Judiciary Committee hearing

Internal Revenue Service Commissioner John Koskinen probably was the happiest person in Washington, D.C., today. Only a handful of lawmakers remained in the Judiciary Committee hearing room by the time the latest session on impeaching the IRS commissioner wrapped up on Wednesday, June 22. Show More Summary

Trump relinquishes property tax break

We're still waiting for Donald J. Trump's federal tax returns, but we have received some clarification on his New York condo's property tax bill. This isn't The Donald's Big Apple home, but another apartment for sale with similar views in New York City's Trump Tower. Show More Summary

Open the Books' report highlights IRS weapons stash Study could provide ammunition to effort seeking move of IRS CI agents to Treasury

As the U.S. Senate was preparing to debate tougher gun control proposals (they all failed, by the way, in votes held Monday, June 20), a government transparency group was issuing a report on the amount of armaments held by non-military U.S. Show More Summary

6 summer tax tips

Summer officially arrives today. For most of us, that means a more relaxed schedule and time for some much needed fun. But don't forget about taxes for these next few months. There are some summer situations that lend themselves to particular tax consideration. Show More Summary

Tax help for single dads in caring for their kids

Being a parent is tough. Being a single parent is even tougher. Beach-combing with dad. Photo by YoTuT via Flickr. So on this Father's Day 2016, here's a shout out to the millions of dads who are taking care of their kids on their own. Show More Summary

Bloomberg taking effort to tax sugary drinks nationwide

Watch out, West Coast. Michael Bloomberg has you in his anti-sugar sights. Classic and Cherry Cokes in our pantry. Photo by Kay Bell. The former New York City mayor was a major financial backer of Philadelphia's beverage tax, providing around $1.6 million in support of the measure. Show More Summary

Texas, taxes. Close enough on National Flip Flop Day

It's National Flip Flop Day. Or flip-flop if you're into hyphenates. Or thong, which is what we called these sandals when I was a kid, way before the revealing and seemingly uncomfortable swimsuits of that name were invented, or at least known in my small West Texas hometown. Show More Summary

Digital IRS is costing those who can least afford it Pro-paper group calls for a return to some traditional, tangible tax options

Early in my career of writing about taxes my shelves and desk and file cabinets and office floor were covered in tax-related magazines, books, brochures and Internal Revenue Service issued tax booklets and forms. Now it's my email box that's overflowing. Show More Summary

House Oversight panel censures IRS chief Koskinen

Rep. Jason Chaffetz (R-Utah) takes another step today in his quest to have Internal Revenue Service Commissioner John Koskinen removed from his job. This morning the House Oversight and Government Reform Committee, chaired by Chaffetz, is meeting met to vote on a resolution to censure Koskinen. Show More Summary

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