Taxes
How to Tax the Rich
The topic of how best to tax the rich has been debated for… a long time. The rich always complain about being the ones to bear the financial burden of everyone else, and the poor get angry at the fact that the rich are getting fat tax breaks while still buying their yachts and […]
The New Kiddie Tax Continues to Punish Parents
I’ve spoken about the Kiddie Tax before and how it was initially established to help prevent wealthier parents from “stashing” cash and assets in the names of their kids so that they could avoid higher tax brackets.
However Congress, hoping to raise an estimated $1.4 billion in the next decade, has boosted the age […]
Pimp My Budget
I’m a regular reader of Taxpayers For Common Sense - the website for a non-partisan budget watchdog group. Although I believe my thoughts about politics and the government’s use of taxpayer money is well known, I won’t get it to it here. Suffice it to say, I thoroughly enjoyed a recent article by […]
Congress to Crack Down on IRS Wannabees
If you’re like most Americans, the first place you go when trying to reach the IRS website is www.irs.com. Of course, you’d soon realize than you weren’t at the IRS homepage, but at the “#1 Independent Tax Source on the net.” It’s this type of confusion that led the House of Representatives to […]
IRS Warns About Phony IRS Emails
The Internal Revenue Service today alerted taxpayers about Internet scams in which fraudulent e-mails are sent that appear to be from the IRS.
The e-mails direct the consumer to a Web link that requests personal and financial information, such as Social Security, bank account or credit card numbers. This practice of tricking victims into revealing private […]
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