Tax - Your Tax Matters Partner

Carbon Tax Getting Serious Consideration As CBO Seeks To Address Regressiveness

by admin | Nov 17, 2012 | Tax

Originally published on Forbes.com Nov 17th, 2012 I first learned about the concept of a carbon tax from the Green Party Platform. It was one of the things that Presidential candidate Jill Stein spoke at length about in my interview with her. The concept also...

Sixth Circuit Agrees That Cliff Claven Is Not A Thief

by admin | Nov 14, 2012 | Tax

Originally published on Forbes.com Nov 14th, 2012 John Ratzenberger is best known as being an actor. I know that actors are not their roles, but it is easy to fall into that trap. From his website, I learned that he is a really serious guy interested in preserving...

Penalty On Qualified Plan Withdrawal To Pay Alimony

by admin | Nov 10, 2012 | Tax

It always bums me out when the Tax Court makes a decision that is clearly correct, but totally unfair. Charles Hartley was in front of a Tax Court judge, because the IRS had penalized him for doing what another judge, a family court judge, told him he had to do. He...

Hurricane Sandy Tax Relief – More Than Meets The Eye

by admin | Nov 8, 2012 | Tax

You may have already seen that the IRS has issued an extension of time to file returns and pay taxes for people in certain areas affected by Hurricane Sandy. The extension is till February 1, 2013 and applies: In Connecticut (starting Oct. 27): Fairfield, Middlesex,...

Unfair Tax Court Decisions On Life Insurance Are Tip Of Unclaimed Property Iceberg

by admin | Nov 4, 2012 | Tax

I have to admire Scott V. White for taking his case to Tax Court. I don’t care what the law is. He should have won, although like most of the people who get blindsided by life insurance company 1099’s he lost. Mr. White bought a Mass Mutual Life...

Evangelicals And Corporation Sole – Not A Marriage Made In Heaven

by admin | Nov 2, 2012 | Tax

Originally published on Forbes.com Nov 2nd, 2012 The legal structure of City of Refuge Christian Fellowship was originally a corporation recognized as a 501(c)(3) organization. Then Pastor Bruce Gunkle met Elizabeth and Frederic Gardner, who ran Church...