I recently found myself directed to a blog post from late last year by an attorney and noted a tirade by a tax protester. The absymal lack of understanding of the tax system and the role of taxes in a...
Jay Soled (Rutgers), Paul Caron (Pepperdine), Charles Davenport (Rutgers) & Richard Schmalbeck (Duke), Rethinking the Penalty for the Failure to File Gift Tax Returns, 141 Tax Notes 757 (Nov. 18, 2013): For the past several decades,... Read Post
The Grinch is coming early this year. The much-maligned Christmas tree tax has reappeared. The provision, which would add a tax onto the sale of Christmas trees, had been killed off by the Obama administration in 2011 but has found ... Read Post
Recent drops in interest rates have prompted millions of households to refinance their mortgages. Borrowers who refinance need to familiarize themselves with tricky tax rules on what is or isn't deductible for interest payments. Her... Read Post