Most Recent Posts
State Court Can Order Custodial Parent To Release Exemption
In Massachusetts, it seems to be common to alternate the exemption from year to year, which seems to be a formula for fomenting needless bickering. My theory for the emphasis on the dependency exemption in divorce negotiations is that it somehow makes the noncustodial parent feel validated as a parent. The truth is that the IRS and the Tax Court have no interest in what kind of a parent you are and would be ill-equipped to make a determination if they did.
Homeland Security Targets Tea Party ?
I don’t know why it is that the federal government has a wide variety of specialized law enforcement people, but it does. The ones whose job it is to protect federal buildings and the people who work in them are part of the Department of Homeland Security. You start having crowds form outside federal buildings, it is their job to see what is going on. The evidence that they are picking on the right is rather slim, since earlier this week they arrested over twenty people from a variety of groups loosely identified with Occupy Wall Street, who started an encampment in front of the Justice Department.
RVania Resident Taxed By New Mexico
I saw one estimate, a bit implausible, that 500,000 full-time RVers claim South Dakota residence. That would mean that most of the people who live in South Dakota (Population 833,000 +/-) don’t live in South Dakota.
Someone Claiming To Be Jamie Dimon Arrested By Homeland Security
Dozens of struggling homeowners are prepared to risk arrest in non-violent civil disobedience or set up an ongoing occupation outside the Department of Justice until demands for Wall Street accountability and relief for their communities are addressed.
Occupy Wall Street Challenges DOJ On Foreclosure Crisis
Need food. Call for pizza delivery? 202-***-****, to 930 Constitution Ave in front of the DOJ.
put glycerin drops in eyes before the pepper spray it will help when you flush eyes out, keep a bottle of water with you, swimmers goggles work great too
New York Toys With Out Of State Partner
If a 754 election had been in effect, there would have been a lower flow-through of gain from the partnership and a modest or no gain or loss on liquidation. The lack of the inside-basis might have minimal effect on federal tax due, since the capital loss on liquidation of the partnership would offset the flow-through gain. There likely would have been no state income tax effect either, if Mr. Olsheim had lived in New York. The capital loss would be included in the computation of his New York state income tax.
Bank Cannot Issue 1099-C And Subsequently Try To Collect
If this ruling stands, financial institutions will be encouraged to delay having an identifiable event as long as there is the dimmest hope that something might be collected. 1099-C when finally issued will be a blast from the past to the recipient, who if they are diligent will probably be able to come up with an argument that the debt expired in a much earlier year.
Hipster Tax Has Historical Precedent
Alpha children wear grey. They work much harder than we do, because they’re so frightfully clever. I’m really awfully glad I’m a Beta, because I don’t work so hard. And then we are much better than the Gammas and Deltas. Gammas are stupid. They all wear green, and Delta children wear khaki. Oh no, I don’t want to play with Delta children. And Epsilons are still worse.
IRS And 501(c)(4) Damned If They Do Damned If They Don’t
We have seen how much trouble the IRS has had just with applications for exemption. To really enforce the law, they will have to audit organizations like American Action Network to determine if maybe some of that media placement actually had something to do with campaigns. The process would end up being like smoothing the air bubbles when hanging wall paper. A tainted 501(c)(4) would shut down and a new one will pop up. Apparently these things don’t require much infrastructure. According to the 990, less than 2% of AAN’s expense are for management and fundraising. That would be outstanding, if it were a charity.
Doctor Dino Denting Deficit ?
I tend to think that the ways in which people are screwed up is related to us evolving over a million years to live in small hunter gather bands and our genomes have not had time to catch up with agriculture and civilization in general. Frankly, though, original sin probably works as well to account for how we are and is simpler to understand.