IDENTITY THEFT AND TAX FRAUD – HOW BAD IS IT?
Treasury Inspector General for Tax Administration (TIGTA) released its Semiannual Report to Congress for the »
Self-Directed IRAs: Prohibited Transactions Can Get You in Trouble
When planning for retirement an individual retirement account (IRA) is a very common tax friendly »
Tennessee Court Holds that Wide Area Network Service is a Taxable Telecommunications Service
A Tennessee Trial Court has ruled that wide area network (“WAN”) services provided by IBM »
Gillette and Others $34 Million Refund Claim Gets Appellate Court Approval
The First District Court of Appeals in San Francisco California reversed a lower court decision »
The Open Championship, A Taxing Golf Tournament
With the British Open…er…The Open Championship getting underway yesterday, now is a good time to »
Recent Posts »
Perfect Time to Take A Mid-Year Tax Review Inventory
As the U.S. looks forward to the possibility of key tax changes over the next six months, it is the perfect time of year for taxpayers to take inventory of their current income tax
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Hidden Tax Advantages for Same-Sex Couples
Same-sex couples appear to be at an inherent disadvantage when it comes to filing federal taxes, since they cannot utilize all of the same tax credits and deductions enjoyed by heterosexual married couples who
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Arizona Sales Tax Initiative Headed to Court
The supporters of Arizona’s Quality Education and Jobs initiative filed a complaint that the over 290,000 signatures rejected by Secretary of State Ken Bennett are valid. The Quality Education and Jobs initiative seeks to
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Roll-Your-Own Cigarettes Gets New Tax Under Transportation Bill
Companies who offer machines to roll-your-own cigarettes will now be taxed similar to packaged cigarettes after President Obama signs the Moving Ahead for Progress Act (HR 4348) today. The tiny amendment, buried in the
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Scholastic Files Petition for Certiorari in Connecticut Nexus Case; Tennessee to Follow?
Scholastic Book Clubs Inc. has petitioned the U.S. Supreme Court for a writ of certiorari, hoping to overturn a recent Connecticut Supreme Court ruling finding that the state had jurisdiction to tax the company’s
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Supreme Court Upholds Affordable Care Act: Impact for Self-Employed
The recent United State Supreme Court ruling holding the Affordable Care Act constitutional may affect self-employed individuals who do not currently have health care coverage. The Supreme Court upheld the Affordable Care Act (ACA),
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