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Music, Tax & The Prime Minister: How Live Aid Changed The UK And The World

Live Aid was a "super concert" launched 31 years ago today with 16 hours of rock music in two venues (London and Philadelphia) linked by satellite. Performers like Bono, Madonna, and Queen said yes to Sir Bob Geldof's charitable call. But who didn't say yes? Prime Minister Margaret Thatcher. At first.

Lunch Links: Philadelphia Approves Soda Tax; Bill Would Require IRS to Return Seized Assets; Smoot-Hawley Anniversary

Today is June 17, the date in 1930 when President Hoover signed the Smoot-Hawley tariff act into law. As the Great Depression began, Congress acted to protect American industry from foreign competition by raising tariffs to about 59 percent, some of the highest levels in history. Show More Summary

Take This Tax Bill And Shove It: Outlaw Country Singer Ordered To Pay IRS Nearly $1 Million

Outlaw country music singer-songwriter David Allan Coe has been ordered to pay $980,911.86 to the Internal Revenue Service (IRS) after pleading guilty to tax charges.

‘Chewbacca Mom’ Giggles Her Way To Nearly A Half Million Dollars: Will A Tax Bill Follow?

When Candace Payne popped on a Chewbacca mask from Kohl's and filmed it in her car, she had no idea what would happen next. Since then, she's been viewed on Facebook Live more than 150 million times an received nearly a half million dollars in freebies. Does she owe tax?

House Passes Bill Aimed At Assisting Victims of Identity Theft Tax Fraud

To combat identity theft-related tax fraud, Rep. Jim Renacci (R-OH) introduced H.R. 3832, or the Stolen Identity Refund Fraud Prevention Act of 2016. The bill, which was co-sponsored by Rep. John Lewis (D-GA), Ranking Member on the Ways and Means Subcommittee on Oversight, passed the House on May 15, 2016.

Lunch Links: Trump on Carbon Taxes, Taxes on Beer and Pizza, and DC Tax Changes

Today is May 16, the date in 1927 when the U.S. Supreme Court upheld the federal income tax against a challenge that making someone pay tax on illegal income violated the Fifth Amendment right against self-incrimination. In United States v. Show More Summary

Lunch Links: California Income Taxes Under Projection, Kansas Bond Downgrade, IRS Hiring More

Today is May 4, which is Star Wars Day (“May the Fourth be with you.”) Lest we forget, taxes are a crucial plot element in the Star Wars saga. Here are some interesting links I came across: California Income Taxes $1 Billion Under Projection:...Show More Summary

Lunch Links: May 4, 2016

Today is May 4, which is Star Wars Day (“May the Fourth be with you.”) Lest we forget, taxes are a crucial plot element in the Star Wars saga. Here are some interesting links I came across: California Income Taxes $1 Billion Under Projection:...Show More Summary

Lunch Links: April 25, 2016

Today is April 25, the most perfect date of the year. I'm pleased to share interesting tax news we've come across today, although I'm posting it a little bit after lunch as we fly across the country (more on that tomorrow). Lawmakers...Show More Summary

When You Spring Forward For Daylight Saving Time, It’s All About Energy Policy

It's Daylight Saving Time again! It's all about the farmers, right? And saving energy? Er, not so much. Here's what's really behind Daylight Saving Time in the U.S.

What’s so funny about taxes, love, and solidarity?

A couple of weeks ago I donated six cases of water to our neighbors in Flint, Michigan. I’m not alone; In an outpouring of love and solidarity for a city that’s been stuck with poisoned tap water for two years, average Americans andShow More Summary

David Bowie: Tax Planning Hero

Tax Analysts had an excellent story by Ajay Gupta a few days ago about the deft tax planning of David Bowie. The piece traces the story of Bowie’s success and consequent locale ch-changes to avoid some of the most inhospitable tax rates...Show More Summary

12 Days Of Charitable Giving 2015: Women’s Center & Shelter of Greater Pittsburgh

It's the 12 Days of Charitable Giving 2015! Today: Women's Center & Shelter of Greater Pittsburgh.

Merry Texas Christmas, Y'all

Finally! Dec. 25 has arrived. Not only is it Christmas, it's a no tax day here at the ol' blog. I'm taking the day off to spend it with the hubby, my mom and some friends. I hope you're getting to spend this day the way you want and with those who are important in your life. Show More Summary

Apple CEO Tim Cook: We Need a Tax Code for the Digital Age

This past Sunday, Apple CEO Tim Cook repeated his call for a simpler U.S. corporate tax code on CBS’s 60 Minutes. In fact, to say that he appealed for a “simpler” code might be an understatement. Cook called for a tax code that would...Show More Summary

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