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ON THE ROAD

March 30, 2005

The Tax Update is out of the office today, so you, dear reader, should hit the information highway to visit:

TaxGuru.net, who has a, well, contrarian take on the IRS "Tax Gap" figures released yesterday.

Professor Maule discusses "10 tax urban legends", including:

One story tells of a high school teacher and coach who concluded that money earned during the summer as an umpire was not taxable because umpiring was a hobby. When challenged by a very bright and experienced tax lawyer turned tax professor, the teacher-coach dismissed the explanation because, get this, the commissioner of the baseball league had explicitly told the umpires that their income was not taxable. Amazing. Get your tax advice from a baseball commissioner, and have your surgery done by a lumberyard sales clerk.

The Tax Prof and the BenefitsBlog also have good new stuff today.

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