Masters in Accounting was created as a nonprofit resource to serve students considering enrolling in a masters in accounting program. Actively maintained, Masters in Accounting is a nonprofit website which lists and links to every accredited masters in accounting program…
D.S. v. Bayonne Bd. of Educ., ____F.3d____(3d Cir. Apr. 22, 2010), is an interesting case. The 3rd Circuit held that a school district is liable under the Individuals with Disabilities Education Act (IDEA) for private school placement of a disabled…
Paul Caron has more about the increased propensity of rich Americans to move abroad to avoid high taxes:
Financial Times, Americans Forfeit Citizenship to Avoid Tax:
The number of wealthy Americans living in the UK who are renouncing their US citizenship is rising rapidly as more expatriates seek to escape paying tax to the US on their worldwide income [...]
Two weeks ago in a roundtable talk sponsored by The National Academy of Social Insurance Gary Burtless of the Brookings Institute said the unemployment payroll tax is a scandalously regressive tax on workers.
He’s right, except for one tiny problem: The unemployment tax is not a tax on workers at all.
Burtless glosses over this critical fact in his diatribe against what he calls the unemployment insurance payroll [...]
A fellow named Bruce Webb posting at Angry Bear suggested that allowing the tax cuts to expire on the top 2% of Americans might not hurt the economy since these folks aren’t lending and spending money as it is:
The argument against allowing tax cuts to expire on the top 2% is that it would be [...]
Do you owe money to the IRS? Itâs been how many year youâre not paying your taxes in time or have not paid them at all? IRS will never leave its money, if you have not received letter for collection yet, it will be there in your mailbox soon. If you still would not be [...]
Have you acquired notice for audit from the IRS? Are you ready to face the complex questions of the IRS agent? To face the IRS agents, you need to have thorough knowledge of the tax law because without knowing the tax law, you will fall on you face. Mugging up tax law is one of [...]
Tax debt â two words enough to bring the hell out of you! Facing tax issues is definitely a point of concern however, you should not get panic and take lot of stress as you are not the only who is facing these kind of issues. The financial crisis has increased the number of such [...]
(U.S. 2d Cir., Civil Procedure, Commercial Law, Debt Collection, Government Law, Labor & Employment Law, Tax Law) In a complaint-in-intervention by the U.S. seeking unpaid employment taxes from defendant, under New York Lien Law sections 70-79a (Article 3-A), dismissal of the complaint is affirmed where Article 3-A’s requirement that there be no prior pending Article 3-A action applied to the U.S. when it brought an action under Article 3-A, and the existence of a pending Article 3-A action required dismissal.
(U.S. 6th Cir., Government Law, Tax Law, Transportation) In plaintiff’s suit for a refund of $119,302 in heavy-truck excise taxes it paid the IRS for the first quarter of 2004, related to the sale of certain models of coal-hauler dump trucks, grant of defendant-government’s motion for summary judgment on plaintiff’s claim and on its counterclaim of $1,149,140 in excise taxes claimed to be due for the period from 1999 to early 2003 is vacated and remanded as the government was not entitled to summary judgment on the basis of its argument that the truck model’s primary function was dual use, as evidence submitted by plaintiff supports that, by design, the model’s primary function is to haul coal off-highway.
(Cal. App., Administrative Law, Government Law, Property Law & Real Estate, Tax Law) In a petition for writ of mandate by community redevelopment agencies seeking an order that county accept their revised Statement of Indebtedness (SOI) and pay additional sums for the year in question, trial court’s denial of the petition is reversed as nothing in section 33675 prohibits a redevelopment agency from correcting errors in an SOI by filing a revised document.
College students strapped for cash are in for a treat this tax season. Under a change in the tax code, the cost of textbooks and course materials are eligible for a tax credit for the first time for students and their families.
The American Opportunity Tax Credit makes textbooks and other course material expensesâincluding tuition and [...]
Call it a stimulus plan, South Carolina style.
The state Senate has given key approval to property tax breaks for anyone who buys commercial property or a second home this year.
Such properties would get smaller tax breaks if they change hands after 2010.
The goal is to encourage commercial property sales. The costs would be borne by [...]
The U.S. Department of the Treasury and the Internal Revenue Service today announced the allocation of a second round of authority to Indian tribal governments to issue Tribal Economic Development Bonds under the American Recovery and Reinvestment Act of 2009 (ARRA).
The IRS awarded 76 tribal governments a combined $1.005 billion of bond issuance authority, also [...]
A California district demonstrated that a kindergartener had significant behavioral issues that impeded her ability and the ability of her classmates to access the curriculum in a general education classroom. Therefore, its proposal to place the student in a special…