Tax - Your Tax Matters Partner

Tax Court Rules 1099-C From Portfolio Recovery Associates Not Valid For Year Issued

by admin | Jun 9, 2012 | Tax

I always like it when I can unreservedly cheer a taxpayer win. The Tax Court decision in favor of David and Carla Stewart makes me feel that way. There are certain tax provisions that I clearly see a need for, but nonetheless have an adverse emotional reaction to. ...

Sixty Four Dollar Question – Eleventh Circuit Rules IRS Can Charge Preparers For ID Numbers

by admin | Jun 9, 2012 | Tax

Originally published on Forbes.com on June 9th, 2012 I kind of admire Jesse E. Brannen, III, although I have to say he could have found a better use for his time and that of the Eleventh Circuit in my humble opinion. He was suing the IRS for $64.25. That is an odd...

Federal Circuit Finds Statute Circular – Invalidates Regulation

by admin | Jun 8, 2012 | Tax

It’s really too bad. I cannot figure out a way to make the Federal Circuit decision in Dominion Resources interesting to a normal person, but I feel compelled to write about it anyway, because it is so interesting to me. It is also noteworthy in that it is not...

Does Sallie Mae Want Students To Default ?

by admin | Jun 6, 2012 | Tax

Originally published on Forbes.com on June 6th, 2012 After accepting a few guest posts from Alan Collinge, I heard from Sallie Mae. At the risk of being confused with a journalist, I had an interview with John Remondi, Chief Operating Officer. The Sallie Mae people...

Tax Protesters Rack Up Another “Victory”

by admin | Jun 5, 2012 | Tax

Originally published on Forbes.com on June 5th, 2012 It is hard being a tax protester. Coming up with crackpot theories and having them slapped down by the IRS and the courts. The case of Sam William Palmer in the Tenth Circuit is about as close as they ever come to...

After Twenty Years Congress Still Has Not Acted On Sales Tax

by admin | Jun 3, 2012 | Tax

Annette Nellen is a professor at San Jose State University. She has an excellent blog on tax policy called 21st Century Taxation. Professor Nellen was selected by the AICPA to tesitfy before Congress on the need for comprehensive tax reform. Collecting Sales Tax – 20...