Jill Stein Releases 2015 Federal Tax Return
Since Schedule A is not included we don’t know how much the Rohrer-Steins deducted in charitable contributions. We can infer that it is not a really large number. Their total itemized deductions were $32,229. They live in Massachusetts, so a back of the envelope on their state income tax deduction would be about $18,000. Throw in maybe $7,000 for real estate taxes and there is not a lot left over for charity. A sign that their itemized deduction lean heavily towards taxes is that they are hit with $7,074 in AMT.
AICPA Has No Standing To Litigate IRS Credential Program
The AICPA continues to oppose any program that identifies individuals who have proven competency and currency in preparing 1040s. They feel CPA’s “own” the tax preparation industry and continue to try to maintain the bogus “urban tax myth” that CPAs are 1040 experts.
The AICPA claimed its members were injured parties because they could lose business to the voluntarily registered preparers. Of course CPAs will lose business if there is a way to properly identify tax preparers who remain current in 1040 tax law – and they should!
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.