Regulating Tax Return Preparers - Current Developments

The program started by IRS in 2009 to regulate all paid preparers of Form 1040 has been moving along at what seems like a comendable pace gi...

Equity, improve investment and reduce the mortgage interest deduction

This is a follow up on my post of 8/23/12 on various reasons to reform (and reduce) the mortgage interest deduction. In June 2012, the OECD ...

Tax reform and the mortgage interest deduction

A "review and outlook" article in the 8/21/12 Wall Street Journal - "Tax Reform Skirmish" points out an event that may...

Guest Post - Global Taxation of Cross Border E-commerce Income

The following guest post is from Professor Rifat Azam at Radzyner School of Law. It is based on his recent article published in the Virgini...

Hot tax topics for 2013 - seeking input

I'm scheduled to give a presentation at the AICPA National Tax Conference on November 7 (one day after the election), on Hot Tax Topics...

Pathway to tax reform? HR 6169

On August 2, the House passed H.R. 6169 that lays out reasons why tax reform is needed and a plan for moving legislation through the 113th C...

Romney and Property Tax Deductions

La Jolla means "The Jewel." It is located 12 miles north of Downtown San Diego.  The Los Angeles Times reports that Mitt and Ann...

Tax provisions that expired at 12/31/11 - what to do?

The National Taxpayer Advocate's mid-year report (pages 1 – 7) notes the number of taxpayers affected by the delays in knowing what happ...

Will Obama and Romney list the tax subsidies they will cut for lowered rates?

The calls for lower tax rates come along with vague calls for cutting tax expenditures or base broadening. I say vague because we rarely hea...

Should K-12 expenses be deductible?

I was surprised to see in a Louisiana Department of Revenue news release (7/27/12) that taxpayers may deduct expenses for elementary and se...