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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

12 Days Of Charitable Giving 2015: PACT For Animals

It's the 12 Days of Charitable Giving! Today: PACT For Animals, a charity which fosters animals for hospital patients and military personnel.

There’s no time like the present. Or next week.

On spending and extending: A few more days to work out the kinks. The Senate approved yesterday and the House will likely approve today a five-day spending bill to avoid a government shutdown. As for the tax extender package: Bargaining continues. Show More Summary

The GOP Debate: Squabbles Over Refundable Credits, Deductions, and Conservatisim

Last night’s GOP presidential debates (here’s a transcript of the main event) highlighted some important tax policy contrasts among the candidates. One thought refundable credits are conservative economic policy while another did not.  Nearly all would preserve deductions for mortgage interest and charitable gifts but one would ditch them. Show More Summary

House Republicans Move To Impeach IRS Commissioner Koskinen

Reacting to the DOJ announcement that it would not file charges in the IRS tax exempt scandal, Rep. Jason Chaffetz has introduced a impeachment is needed to "restore public confidence in the IRS and to protect the institutional interests of Congress."

Dealing With Your Mother-In-Law (And Your Parents): When Seniors Become Dependents

Today is Mother-in-Law's Day (#MotherInLawDay). Whether you live with your in-laws (or your parents) or simply take care of them, here's what you need to know about claiming seniors on your taxes.

Be Smart When Being Charitable: IRS Warns On SC Flood Relief Scams

As South Carolina looks to recover from those "1 in 1,000" year rains last week, IRS Commissioner John Koskinen is warning taxpayers to be cautious when making donations to help: scammers are looking to take advantage of the disaste...

Who Pays and Who Gains?

How many households will pay no federal income tax in 2015? TPC finds it’s now 45.3 percent, nearly 5 percentage points higher than TPC estimated in 2013. But, as Bob Williams explains, “that doesn’t mean more Americans have moved off...Show More Summary

New Estimates Of How Many Households Pay No Federal Income Tax

The Tax Policy Center has updated its estimate of the percentage of households that will not pay federal income tax this year. We now figure it is 45.3 percent, nearly 5 percentage points higher than our 2013 estimate of 40.4 percent. Show More Summary

Carson Wants IRS To Revoke Tax Exempt Status For Muslim Advocacy Group

We ask Mr. Ben Carson to withdraw from the presidential race because he is unfit to lead, because his views are in contradiction with the United States Constitution. Those were the words of Nihad Awad, Founder of Council on Islamic-American Relations (CAIR) in response to comments made by GOP presidential hopeful Dr. Ben Carson stating […]

Rand Paul Takes Aim At The Tax Code, Literally, With An AR-15

Yesterday presidential hopeful Sen. Rand Paul took to a California gun range to literally blow away our current tax system.

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