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Blog Profile / Don't Mess With Taxes

Filed Under:Business & Finance / Taxes
Posts on Regator:2034
Posts / Week:6.4
Archived Since:September 28, 2008

Blog Post Archive

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


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

Federal gasoline tax hike among proposals to stave off the Highway Trust Fund's impending bankruptcy

Transportation Department Secretary Anthony R. Foxx has been warning Congress for months that the Highway Trust Fund, the main pot of money Uncle Sam uses to pay for his/our highways, is running low. If something isn't done quickly, DoT data indicates that the trust fund is likely to dip below the critical $4 billion funding level as soon as July. Show More Summary

Save space and trees: Digitize your tax records

My goal this summer, as it has been for the past few summers, is to get my office in order. Yeah, that's my office floor. Stacks of old publications and materials from the tax and blogger conferences I've attended. It's not by any stretch of the imagination a good system. Show More Summary

IRS Commissioner says U.S. team could pull World Cup upset

Sports bars across the United States are already filling up, with bandwagons dropping off all the newly minted soccer -- known as fútbol to the rest of the world -- fans. Both new and long-time watchers of the beautiful game have high hopes that the U.S. Show More Summary

Former IRS commissioner assesses agency's current problems

John Koskinen's first six months as commissioner of the Internal Revenue Service have not been fun. But he knew that going into the job. He took over Dec. 20, 2013, in the midst of the IRS' latest scandal. The tax agency seems to be enmeshed in some mess, usually political, every decade or so. Show More Summary

IRS emails are still lost, GOP investigators still unhappy

Well, that Congressional hearing provided just about what followers of the Tea Party targeting investigations had expected. Internal Revenue Service Commissioner John Koskinen just wrapped up an almost four-hour appearance before the House Ways and Means Committee. Show More Summary

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