New Study on Possible Positive Effect of Tax on Sugar Beverages

Occasionally we hear of someone suggesting a tax on some type of sugar-filled product, such as soda. I have written about this a few times, ...

Analyzing Special Tax Rules + Observations from the Governor of Maine

A tax exemption means that a tax doesn't apply to what otherwise would be in the tax base. On January 6, 2012, Governor LaPage of Maine ...

GAO Report on IRS Website and Self-Service Tools

A GAO report - Processing Gains, but Taxpayer Assistance Could Be Enhanced by More Self-Service Tools, GAO-12-176 (12/15/11), states the f...

Simplifying compliance for the mobile workforce - looking at state costs

States need revenue and one place they can and do look is to see if an individual or business is in their state who does not pay taxes. One ...

Bank and credit card rewards - taxable?

An article in the Los Angeles Times today (1/25/12) -" Citibank deems frequent-flier miles taxable, but does the IRS? " by David ...

AMT Out of Control - Way Past Time for it to Go!

Probably the most common response to what is one of the more complex and out-of-control parts of our federal income tax would be the alterna...

IRS encouraging individuals to help monitor return preparers

The IRS released an "FS" (Fact Sheet) today on "Tips for Choosing a Tax Return Preparer" ( FS-2012-5 ).  Among the tips ...