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Tax Humor
Taxes, tax attorneys, tax policy — not very funny stuff. This is about as good as it gets. I found it in the comments of an article I read this morning. Somebody who goes by “Auldphart” offering his ideas for raising more … Continue reading
I do not believe it’s melodramatic to suggest that the costs and massive bureaucracy required to run [the Patient Protection and Affordable Care Act - "Obamacare"] could bring the IRS to its knees. ~ Daniel J. Pilla, tax expert and analyst
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Interesting Point
Chick-fil-A is what it is— a successful company whose founder’s personal views define its corporate culture. It’s a Ben and Jerry’s for the right, with an equally high calorie count. ~ Janet Novack, Forbes Writer
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Clinton & Obama Clash on Tax Cuts for Wealthy
Bill Clinton disagrees with Obama about what should be done about the tax cuts that are set to expire in January 2013. Obama’s position is that they should be renewed for people earning below $250,000. The former president believes we … Continue reading
What Makes the Tax Code so Long?
This is the kind of thing that makes the tax code so long: Any natural grape wine may be sweetened after fermentation and before tax payment with pure dry sugar or liquid sugar if the total solids content of the … Continue reading
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IRS to Hire 4,000 New Employees
“[I]t’s a power grab. So even if the ObamaCare gets thrown out those agents will be there to harass us. What we need as a nation is fewer tax collectors and more entrepreneurs. We need tax simplification and these IRS … Continue reading
The Commish on “Risk and Uncertainty”
One attribute of our tax system that adds uncertainty is its impermanence. Short term provisions, that sunset but are then often extended, have an unsettling effect on both clarity and stability. In 2010, the Joint Committee on Taxation identified more … Continue reading
Tax Reform? Probably Not in our Lifetime.
Geithner’s comments on the tax reform timeline: We’re going to begin to think about laying the groundwork for a series of meetings to be held in the very near future wherein we will lay the framework for a discussion regarding … Continue reading
IRS E-File
Since a growing number of Americans are filing their returns electronically, there is no room for error in IRS computer systems. The IRS must be relentless in its pursuit of excellence with regard to all aspects of the Modernized e-file … Continue reading
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Quote of the Day
I don’t know if I have ever shared a favorite quote. But today I came across a little jewel that I just have to post. The author is a Forbes contributor, Peter J. Reilly. He says that his clients should not try … Continue reading
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