Most Recent Posts
Could You Make Tax Protester Theories Work For You?
If you are willing to entirely discount the quite remote chance of criminal prosecution, it may well be a decent percentage play particularly if you are just about maximizing your current lifestyle rather than accumulating net worth and entirely amoral when it comes to meeting tax obligations. If you get caught, you can use the collection due process system to work something out based on your ability to pay.
Lois Lerner Takes The Fifth Again – Political Theater?
After watching the full twenty minutes, I’m still of two minds about which narrative to embrace. It would seem that if Chairman Issa really wants to get at the truth, the simplest thing would be to grant Lois Lerner immunity. The way it is playing now, though, is what makes me suspect Issa and Cummings might be frenemies. That twenty minutes of video provides great clips that they can each use to whip up their base.
CREW Fails To Force IRS To Take Even Harder Stand On 501(c)(4) Political Spending
Last I looked the determination has been delegated to state historic commissions just as the allocation of the low-income housing credit is delegated to state housing agencies. The Federal Election Commission is the agency that is supposed to be enforcing transparency in political spending, let it have the job. Maybe in the meantime, the SEC could require publicly traded companies to disclose their political expenditures.
Tea Party Patriots Celebrates Fifth Anniversary By Asking For Money
The odd thing about Tea Party Patriots Inc. is that it wants to transform the political landscape, but it has adopted the stance in applying for tax-exempt status under 501(c)(4) that it is not mainly political. (By the way the IRS did just approve exempt status for TPPI. so, in a few months you will probably be able to get its 990 on guidestar.org.)
Did Clergy Lobby Get To Dave Camp? No Limit Proposed On The Mega Housing Allowances Of The Mega Pastors
Reverend Frank Jones, author of Stop The Prosperity Preachers is concerned that the unlimited housing allowance, which can be double-dipped with deductible mortgage interest, and lack of financial transparency attracts the wrong type of people into ministry.
The Only Comment On Camp Tax Proposal You Need To Read – And Some Others
So when you are doing your simplifying don’t even think about messing with the GHI deduction and the JKL credit. As a matter of fact, you probably should beef them up a bit and get busy on the MNO exemption that we have been asking for. Other than that, chop away at those special tax breaks and give us a simpler Code.
Another Northwestern Mutual Life Insurance Tax Disaster
One thing that you should do is have your life insurance policy serviced by a qualified agent, who won’t let you get blindsided like this. It is probably not that great an idea to use a policy that you want to stay in force as a liquidity source. If you are upside down maybe, there is a way to keep the policy alive. You can’t tell from the case what the face of the policy and the spread between the dividend and borrowing rate were.
Tiny Church Intervenes In Freedom From Religion Foundation’s Most Pointless Case
Here is the deal. Imagine you are John Koskinen, IRS Commissioner. You are supposed to collect over two trillion dollars. You’ve got 90,000 people working for you, but only about 20,000 are actually involved in enforcement – revenue agents, revenue officers, etc. They are mostly trained as accountants. How much will you bring in from having some accountants listening to sermons to see how political they are?
Sylvia Dion CPA Asks – Where Are The Women?
My observation and experience were that everyone was a number, a dispensable machine, and “face time” was much more valuable than the experience and knowledge someone brought to the table. There was a huge focus on utilization or billable hours – which I and many of my CPA colleagues agree is a significantly flawed metric.
New Jersey Gets To Second Guess IRS On Estate Tax Marital Deduction
The important point is that in the Estate’s view, the IRS agreement that there was a marital deduction should be binding on New Jersey. The New Jersey tax authorities thought otherwise.
