Blog Profile / Don't Mess With Taxes


URL :http://dontmesswithtaxes.typepad.com/
Filed Under:Business & Finance / Taxes
Posts on Regator:2159
Posts / Week:6.3
Archived Since:September 28, 2008

Blog Post Archive

IRS contacts tax preparers about filing mistakes Thousands warned of Schedule C business income & child tax credit errors

In addition to updating tax forms and instructions and getting its computer systems ready for the Jan. 20 start of the 2015 tax filing season, the Internal Revenue Service has been touching base with tax preparers who've had some recurring problems with some returns. Show More Summary

Get organized now to file your taxes

OK, I swear that I'll quit highlighting the Daily Tax Tip soon. But today's advice on 7 ways to get organized for the tax-filing season is good! It's so good, in fact, that I just talked with a writer at The Street about this important matter. Show More Summary

Daily Tax Tip #2: A tax quiz!

I'm not going to start every day of the 2015 filing season plugging the Daily Tax Tips feature. I promise. But because it's the first full week back at work for most of us, and that's a typically chaotic time (like doing taxes!), I want...Show More Summary

Tax reform is part of new GOP Congress' agenda Success, or failure, on taxes, other issues will shape public opinion

They're baaaaack! Representatives and Senators returned Jan. 6 to Washington, D.C., this time with both chambers under Republican control. Rep. John Boehner (R-Ohio) was selected House Speaker for the third time. And once again, Boehner had to fight off conservative insurgents in his party. Show More Summary

Daily Tax Tips 2015 are here!

With the arrival of a new year comes a new tax season. And while the Internal Revenue Service doesn't officially kick off the 2015 filing season until Jan. 20, here at the old blog we're getting a head start with the return of our annual Daily Tax Tips feature. Show More Summary

U.S. debate on Internet taxes looms in 2015, but new digital tax rules now in place for European Union electronic shoppers

In case you missed it as the 113th Congress wrapped up its frantic lame duck days, it did manage to keep Internet access for most folks safe from taxation for another fiscal year. One of the provisons packed into the $1.1 trillion federal...Show More Summary

Cigarettes are a bigger state tax target than booze

Did you make New Year's resolutions? I quit doing so long ago, and I am not alone. Apparently fewer than half of Americans take a pledge to do or be better as each new year rolls around. But those who do make Jan. 1 promises typically have the same goals year after year. Show More Summary

Two giant lottery jackpots await lucky winners, tax collectors

In a few hours, some lucky lottery ticket owner could be a multimillionaire. The Powerball jackpot is $131 million. If anyone matches the six numbers that are drawn tonight, Jan. 3, the lump sum payout is $84.3 million. Now that's aShow More Summary

Top 10 tax stories of 2014

The adage that those who don't know history are destined to repeat it definitely applies to taxes. So that we -- and by we, I mostly mean our lawmakers and the Internal Revenue Service -- don't make the same tax missteps in this fresh new year, it's good to look at what happened in taxes in 2014. Show More Summary

10 tax resolutions for 2015 Plus, some January Tax Moves to make

Happy New Year! I hope you had a wonderful celebration last night and are ready to face a brand spanking new tax year. OK, maybe you need another cup (or two or more) of coffee. Or maybe you just want to wait until the NHL's Winter Classic and today's college bowl games are over before thinking about taxes. Show More Summary

Donating and deducting a car

This is it. The end of the 2014 tax year. One business day left to make moves that could lower your tax bill. Since December is traditionally the month for giving, I've focused a lot on tax-related charitable donations this month. Far be it from me to break a streak at this late date. Show More Summary

5 tax-saving moves you can make by Dec. 31Plus some ways to prepare now for your 2014 tax return filing

There are just two days left in the 2014 tax year. That's not much time, but folks determined to save on this year's taxes still have time to make a few year-end moves. I was up at o'dark-thirty this morning to discuss some quick year-end tax tactics with KARN radio. Show More Summary

Look out for phishing scam from fake Treasury Secretary

Dang! I wish I had checked my spam folder before Christmas. I would have had half a million bucks to buy the hubby (and myself) some really nice gifts. So says Jacob "Jack" Lew, the 76th Secretary of the Treasury, in an email message he recently sent me. Show More Summary

Wind power generators get 2014 tax break, but 2015 iffy

I grew up in West Texas, where the wind sweeping down the desert rivals any Oklahoma show tune boast. So it's no surprise to me that wind power is big in the Lone Star State. In fact, it took Texas wind power producers just 11 months to break last year's record for generation. Show More Summary

Pope Francis urges accountants to put people before money

Pope Francis has been in the news recently. There was, of course, his annual Christmas mass and Christmas Day address to the tens of thousands gathered in St Peter's Square. As is so often the case with this pontiff, he focused on Dec. Show More Summary

Rolling an RMD directly to a charity pays off for donor, donee

Christmas Day has passed, but it's still the time for giving, both from purely philanthropic and tax perspectives. Just before wrapping up its lame duck session this month, Congress gave some older folks with certain retirement plans a way, again, to share their savings. Show More Summary

Merry Christmas 2014

It's that time again. Another year, another Christmas Day. The hubby and I and our Christmas cow -- the holidays don't offiically start at our house until the wooden cow gets a bow, and she's digging the red and green curls this year! -- wish you and your family the merriest of days. Show More Summary

Charitable gifts: a present for those in need and you at tax time

Are you still shopping for the perfect gift? Let me share my motto with you: Say it with cash. Some folks find monetary gifts crass. They are not related to me. As the old saying goes, green looks good on everybody and always fits. Another good thing about financial gifts is, for most of us, there are no tax consequences. Show More Summary

Christmas tree 'tax' delayed again. Effort to end it continues

If you celebrate Christmas, you've probably had your tree up for a while. And if you got a real tree, you probably paid a little more for it this year. One thing, though, that didn't add to your holiday tree's price hike was the so-called Christmas tree tax. Show More Summary

Using capital losses to cut your tax bill

The stock market has been on a crazy run in 2014. When its wild swings up and down ultimately shake out, many folks will find that their portfolios are going to worth much more. Some folks took their gains earlier in the year. Others are cashing in those positive holdings as part of their year-end tax planning. Show More Summary

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