Most Recent Posts
Will Liberal Ministers Challenge Their Own Tax Loophole ?
UU ministers qualify for tax free housing allowances even though, theologically speaking, they might not, strictly speaking, be thought to be “ministers of the gospel”. “Minsters of the gospels, etc” might fit a little better.
Form 8332 – Don’t Let The Kids Live In Another Home Without One ?
There were four cases like that in December and an interesting variation on the same theme. It always comes down to the same thing. Form 8332. If you don’t attach a Form 8332 signed by the custodial parent to the non-custodial return, that parent’s chance of winning vary from extremely slim to none. Here are the highlights:
Some Tax Developments Unrelated To The Fiscal Cliff Drama
I found this paper titled, Important Developments in Federal Income Taxation, by Edward Morse on The Tax Prof Blog. It is not nearly as amusing as going through my posts, but I have to admit, it appears a bit more thorough.
Westboro Baptist Church – Piers Morgan – Death Star – High On “We The People” – Taxes Not So Much
You may find it at least entertaining to spend some time on We The People. Just up is a petition to award a Cold War Service Medal. Obviously somebody appreciates the way my big brother kept the Russians from putting missiles in Cuba, when he wasn’t busy recovering Mercury astronauts.
Fiscal Cliff Team Not Worst Congress Ever – Just Seems That Way
I have to thank Mr. Puleo for the interesting tidbits that Sumner’s brother was on board The Elizabeth. Also drowned in that incident were Margaret Fuller and her husband and infant son. In the hold of The Elizabeth was a statue of John Calhoun. It is all fraught with symbolism, which someday I will work out.
A Petition To Get The IRS Out Of Defining Family
Our tax code’s system of individual taxation is based on the typical American family of the 1950s. Significant simplification could be achieved by replacing the current four individual filing statuses with one and replacing personal and dependency exemptions with a single freely transferable credit.
Should Piers Morgan Go Or Stay And Other Weighty Issues
It is rather odd that the large number of tax policy recommendations that we see in the tax blogosphere do not currently have petitions associated with them. Why is there not a petition about “carried interest” ? Some experts argue the administration could actually address “carried interest” by regulation
Retired IRS Officer Launches Petition Against Clergy Tax Benefit
I thought that Professor Edward Zelinsky made a pretty good argument for the constitutionality of the provision, but it is a rather nuanced argument and people who look at the issue as a simple church/state separation issue tend to come down on the other side including the Presidential candidate, I persuaded to weigh in on the issue.
All I Want For Christmas Is An AMT Patch
The AMT kicks in at a certain threshold, which has not been permanently indexed for inflation. There is a budget logic as to why this has never been done. Instead Congress has “patched” the AMT on a regular basis. The IRS has come to count on them doing this. If they don’t get around to it, the IRS will have to reprogram their computers, which will delay the start of tax season. The Commissioner has given Congress a heads up on what an ugly tax season is shaping up at the moment:
Pot Business May Be Legal In Washington State But There Are Still Rules
You cannot set up a store within 1000 feet of any elementary or secondary school, playground, recreation center or facility, child care center, public park, public transit center, library, or game arcade that allows minors to enter. Local authorities will also be notified and have an opportunity to object.