by admin | Mar 18, 2023 | Tax
Cindi Lincoln, third wife of young earth creationist preacher Kent Hovind, is suing Hovind consigliere Ernie Land, Kent Hovind, himself, and various entities about financial commitments made to her in exchange for support of Hovind’s Dinosaur Adventure Land...
by admin | Mar 14, 2023 | Books, Tax, Uncategorized
Beyoncé’s announcement of her Renaissance World Tour last month has triggered an odd tax discussion as you can see from the tweet below. Beyoncé fans are cashing out their 401Ks to buy her tour tickets. Beyoncé announced her upcoming world tour on Feb. 1, and...
by admin | Mar 7, 2023 | Tax
The conviction of Donald Stanley Lavigne on seven counts of knowingly and fraudulently filing false income tax returns and three counts of other false statements relating to bankruptcy was somewhat curious. The income tax issue was omitting 1099-MISC income from...
by admin | Mar 6, 2023 | Kent Hovind, Tax
I have been following the drama of young earth creationist preacher Kent Hovind since 2012 when I reported on the Tax Court opinion in the case of his long suffering first wife Jo. Young Earth Creationists Whipsawed By IRS I have thought I was done a few times, but he...
by admin | Feb 18, 2023 | Tax
The Readers Digest version of the Fair Tax Act of 2023 is that it replaces the income tax, payroll taxes that fund Social Security and Medicare and transfer (estate and gift) taxes with a very broad sales tax. For 2025 the tax inclusive rate is 23% which translates...
by admin | Feb 14, 2023 | Tax
I have been having silly arguments with Fair Tax enthusiasts. The Fair Tax Act of 2023 would be a tremendous simplification of federal taxation. It does not, however, reduce 70,000 pages to 131 and it does not entirely eliminate the Internal Revenue Code. Also it...
