Actor Nicolas Cage owes a lot of taxes. Peter Pappas, TaxGrrrl and Dan Meyer are all over it....
The IRS has come out with its long-threatened batch of new regulations for paid preparers. The plan will require preparers who are not CPAs, lawyers or enrolled agents to pass some sort of competency exam and to take 15 hours...
Dan Meyer rounds up his "12 blogs of Christmas" at Tickmarks. Eight of them are in the blogroll on the right of this page. All are worthy....
...the first installment of the annual "12 blogs of Christmas" feature. What could be more festive?...
The tax code has achieved uprecedented levels of ugly in the last 15 years, and targeted tax credits are the reverse cosmetic surgery behind much of it. The conceit is that by careful rewarding certain behaviors with tax credits, Congress...
Dan Meyer reports on the dysfunctional tax penalty regime: An AICPA report criticized the U. S. Treasury and Internal Revenue Service for overly broad and disproportionate penalties. Among criticisms: recently enacted penalties do not necessarily encourage voluntary compliance, poorly defined...
The National Taxpayer Advocate has issued her annual report. Along with a number of sensible recommendations is this clunker: The Advocate reiterates her longstanding recommendation that the government do more to protect taxpayers by regulating unenrolled federal tax return preparers,...
My rant on the barriers that keep accounting practitioners from moving to the classroom draws comment from Dan Meyer, himself a (worthy) accounting professor: Non-educators typically are made adjuncts and adjuncts are grossly underpaid. I can also understand Joe's lukewarm...
Dan Meyer at Tick Marks passes on an IRS article on tax issues involved with early retirement. Of course, some folks find themselves "retired" lately a lot sooner than they had expected....
'Tis the season for lists of twelve. TaxGrrrl has a worthy series, "12 Days of Charitable Giving." She asks for help from readers: Convince me why your favorite organization is a deserving charity. But you don’t have to convince just...
Dan Meyer is much braver than I am about predicting tax policy: The Democrats will either eliminate the AMT OR effectively make sure that no one with adjusted AGI under $200,000 is affected; the maximum income for OASDI (or Social...
There clearly is no standardized intelligence exam for getting on reality TV shows. "Survivor" Richard Hatch is killing time in federal prison for not paying taxes on $1 million he won before a national TV audience. 2003 American Idol Ruben...
Dan Meyer, proprietor of Tick Marks and an accounting prof at Austin Peay, stopped by Tax Update world headquarters yesterday on his way through town on a family trip. We had a nice chat, marred only because it was...
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