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Frugal Friday Week 40
In Week 37, I shared how I planned to dump my Verizon land line and move to Comcast’s Voice service. So far, that’s not happened. So this week, it’s a Dear Comcast Letter - Dear Comcast, At first it seemed simple. I called and your sales guy told me $14 would get me Comcast Voice. [...]
NY Times Debate: Should 501(c)(4)’s Be Eliminated?
New York Times Debate: Should 501(c)(4)’s Be Eliminated?: The IRS has been harshly criticized for singling out conservative organizations when it investigated which groups were legitimately applying for 501(c)(4) status, which makes them tax exempt, keeps donors confidential and allows some political activity. But should the 501(c)(4) status even exist?...
House Holds
The House Ways & Means Committee holds a hearing today on IRS Targeting Conservative Groups: The hearing will focus on the IRS’s practice of discriminating against applicants for tax-exempt status based on the political leanings of the applicants. Steve Miller (Former Acting Commissioner, IRS) J. Russell George (Treasury Inspector General...
Fleischer: The IRS Scandal as Bleak House
New York Times DealBook: A Dickensian Delay at the IRS, by Victor Fleischer (Colorado; moving to San Diego): A plot device in Charles Dickens’s Bleak House follows the interminable case of Jarndyce v. Jarndyce through the English Court of Chancery. The litigation winds on for years until, finally, the costs...
British Lawmakers Charge Google With Tax Dishonesty
BBC News Bloomberg The Guardian Wall Street Journal Washington Post
Ross Smith, 1963-2013.
We are saddened to learn of the death of our friend and colleague Ross Smith today. Ross joined our firm [...]
The IRS Scandal, Day 8
White House Press Release: President Obama Appoints Daniel Werfel as Acting Commissioner of Internal Revenue White House Profile: Daniel Werfel New York Times: Obama to Name Budget Official as Acting IRS Chief New York Times Opinionator: Behind the IRS Mess: A Campaign Finance Scandal, by Steven Ratner Wall Street Journal:...
President Obama To Name Daniel Werfel As Acting IRS Commissioner
One day after President Obama accepted the resignation of Acting Internal Revenue Service Commissioner Steven T. Miller, a replacement is already being talked up. President Obama is expected to name 42 year old Daniel Werfel to the position. Werfel was named as Controller of Office of Federal Financial Management of the Office of Management and [...]
Virginia Tax Review Publishes New Issue
The Virginia Tax Review has published Vol. 32, No. 3 (Winter 2013): Heather M. Field (UC-Hastings), Binding Choices: Tax Elections & Federal/ State Conformity, 32 Va. Tax Rev. 269 (2012) George Mundstock (Miami), The Tax Import of the FASB/IASB Proposal on Lease Accounting, 32 Va. Tax Rev. 327 (2012) Eric...
The Most Racially Diverse Law School Faculties
The Most Racially Diverse Law School Faculties, Lawyers of Color Law School Diversity Issue: Charlotte Florida A&M Florida International Hawaii Howard Inter American John Marshall (Atlanta) Liberty New Mexico North Carolina Central Puerto Rico Southern Texas Southern Minority Law Faculty Directory of 200 Law Schools
Capitol Hill softball game falls victim to IRS-Tea Party turmoil
If you've never worked in Washington, D.C., you have no idea of what's really important in the nation's capital. It's softball. I am not kidding. Every year when the weather starts to warm up, the city's attention turns to softball.Show More Summary
Gillers: The Two-Year Law Degree: Undesirable but Unavoidable
Stephen Gillers (NYU), The Two-Year Law Degree: Undesirable but Perhaps Unavoidable, 2013 N.Y.U. J. Legis. & Pub. Pol'y Quorum 4: Professor Stephen Gillers responds to Professor Estreicher’s proposal for a two-year law degree that will qualify a graduate to take the bar examination [The Roosevelt-Cardozo Way: The Case for Bar...
Get IRS Out of the Business of Regulating Political Speech
A final thought, I hope, on the IRS/tea party scandal: Why do we want the IRS regulating political speech? It seems crazy on its face, yet that is exactly the system we have created. True, the agency bungled its scrutiny of conservative political groups seeking tax-exemptions. But should it even be deciding which political organizations should get favored [...]
Avi-Yonah: Virtual PE: International Taxation and the Fairness Act
Reuven S. Avi-Yonah (Michigan), Virtual PE: International Taxation and the Fairness Act: Congress may be about to enact the Marketplace Fairness Act of 2013, which overrules the Supreme Court's 1992 decision in Quill that banned states from requiring remote vendors to collect use tax on their behalf unless the vendor...
Lucas: The Paternalistic Use of Cigarette Taxes
Gary Lucas, Jr. (Texas-Wesleyan), Saving Smokers from Themselves: The Paternalistic Use of Cigarette Taxes, 80 U. Cin. L. Rev. 693 (2012): Governments at all levels have significantly increased cigarette taxes in recent years. Under the framework traditionally used by tax policy analysts, these tax increases are justified (1) if they...
Tax Roundup, 5/16/2013: Acting-out edition. And a real Iowa economic development initiative.
So the Worst Acting Commissioner Ever is gone. From The Wall Street Journal: President Barack Obama forced the resignation Wednesday [...]
Walmart Blames Sluggish Sales On Taxes, Enjoys Lower Effective Tax Rate
, Inc., (Walmart) had mostly good news for yesterday when it reported earnings of $3.78 billion, or $1.14 per share, in the first quarter. Those earnings were consistent with Walmart’s expectations of $1.11 to $1.16 per share and just short of analysts’ average forecast of $1.15 per share. Those earnings were likely a welcome sign [...]
Save or Pay Off Debt?
If you read enough different Personal Finance blogs, you find that there are a number of popular recurring themes. Ways to save on various purchases, how to plan for retirement, etc. The one that’s been haunting me lately is, as the title today says, saving vs paying off debt. There are some obvious choices to [...]
Gabilondo
José Gabilondo (Florida International) is the only Tax Prof named to Lawyers of Color's 2013 50 under 50 List ("The Most Influential Minority Law Professors 50 Years of Age or Younger") in its Law School Diversity Issue: José Gabilondo joined the College of Law after working in financial market regulation...
The IRS Scandal, Day 7
The Atlantic: 'Angry' Obama: IRS Chief Is Out, and New Safeguards Are Coming Bloomberg: Congress Focuses on IRS Delay in Disclosing Tea Party Scrutiny Bloomberg: IRS Says Concerns About Some Tea Party Groups Prompted Label Boston Globe editorial: In Targeting Conservative Groups, IRS Violated Core Principles Cato Institute: The IRS...
- Internal Revenue Service
- American Taxpayer Relief Act
- Taxpayer Advocate Nina Olson
- Fiscal Cliff
- Earned Income Tax Credit
- Acting IRS Commissioner
- President Obama
- Alternative Minimum Tax
- House Speaker John Boehner
- Dirty Dozen Tax Scams
- Supreme Court
- Means Committee Chairman Dave Camp
- Marketplace Fairness Act
- Treasury Secretary
- Senate Finance Committee
- Congressional Budget Office
- Defense of Marriage Act DOMA
- Foreign Account Tax Compliance Act
- Identity Theft
- Social Security
