Wednesday, May 9th, 2012
Bruce Bartlett writing for the New York Times in Will Rich People Desert the U.S. if Their Taxes Are Raised? says: In recent years, the number of Americans renouncing their citizenship has increased. According to the international tax lawyer, Andrew Mitchel, the number of Americans renouncing their citizenship rose to 1,781 in 2011 from 231 [...]
Posted in Internet Tax Lawyers | Comments Off
Friday, May 4th, 2012
Kevin Duncan of The Tax Foundation writes in Americans Paying More in Taxes than for Food, Clothing, and Shelter: In 2012, Americans will pay approximately $4.041 trillion in taxes, which is $152 billion, or 3.9%, more than they will spend on housing, food, and clothing. … Between 1929 and the early 1980s, aggregate tax collections [...]
Posted in Internet Tax Lawyers | Comments Off
Tuesday, March 20th, 2012
James Maule tells the story of a tax preparation company called Mo’ Money Taxes: One of my readers alerted me to a story of which I had been unaware. It involves a tax return preparation enterprise that has created nightmares for its clients. The story involves a business called Moâ Money Taxes, which is based [...]
Posted in Internet Tax Lawyers | Comments Off
Tuesday, March 6th, 2012
Fox News reports that a former IRS agent whose tax preparation business catered to a wealthy clientele is accused of ordering at least two former customers killed as they prepared to testify against him on fraud charges: Federal prosecutors say the targets were key witnesses against Steven Martinez, 50, who was charged last year with stealing [...]
Posted in Internet Tax Lawyers | Comments Off
Thursday, March 1st, 2012
From Paul Caron: The Hill, Hill Poll: Likely Voters Prefer Lower Individual, Business Tax Rates: Three-quarters of likely voters believe the nationâs top earners should pay lower, not higher, tax rates, according to a new poll for The Hill. The big majority opted for a lower tax bill when asked to choose specific rates; precisely 75% said the [...]
Posted in Internet Tax Lawyers | Comments Off
Thursday, March 1st, 2012
Liberals like Chris Matthews mock conservatives when they point out that the left uses uber-radical Saul Alinsky’s scorched earth tactics in order to shove their statist agenda down our throats, but here is yet another case in point that shows that is precisely what they are doing. Dan Mitchell of Cato reports that the OECD has produced [...]
Posted in Internet Tax Lawyers | Comments Off
Wednesday, February 29th, 2012
From Paul Caron:Â Media Matters Paid Former Domestic Partner $850k ‘Blackmail’ Settlement After Threat to Inform IRS: Fox News, Media Matters Boss Paid Former Partner $850k ‘Blackmail’ Settlement: Media Matters chief David Brock paid a former domestic partner $850,000 after being threatened with damaging information involving the organizationâs donors and the IRS â a deal [...]
Posted in Internet Tax Lawyers | Comments Off
Saturday, February 25th, 2012
“Bush’s main goal is to kill as many servicemen as possible.” – Cindy Sheehan – Â âMy son was killed in 2004. I am not paying my taxes for 2004. You killed my son, George Bush, and I don’t owe you a penny…you give my son back and I’ll pay my taxes. Come after me (for [...]
Posted in Internet Tax Lawyers | Comments Off
Wednesday, February 22nd, 2012
Has anyone else gotten an email spam like this? You’re receiving this notification as a Certified Public Accountant and a member of AICPA. Having trouble reading this email?  Termination of Accountant status due to income tax fraud allegations Dear AICPA member,We have been notified of your alleged involvement in tax return fraud on behalf of one of your [...]
Posted in Internet Tax Lawyers | Comments Off
Wednesday, February 22nd, 2012
Heritage: Nearly Half of All Americans Donât Pay Income Taxes Heritage Foundation: Chart of the Week — Nearly Half of All Americans Donât Pay Income Taxes: (Hat Tip: Paul Caron) Bookmark & Share:
Posted in Internet Tax Lawyers | Comments Off
Wednesday, February 15th, 2012
Transcripts of First Organizional Meeting of the Unfair Campaign against Racism Chairman of the Board: The goal of our organization is to get people to speak more honestly about race in America; to encourage an honest dialogue and understanding between the races. Major Funder: Great! I move that we encourage people to talk honestly about race by placing dozens of [...]
Posted in Internet Tax Lawyers | Comments Off
Monday, February 13th, 2012
When you treat adults like infants who can’t wipe their own butts, you shouldn’t be surprised if they have tantrums when you stop wiping their butts for them. The Telegraph reports that Greek protestors greet bailout vote with fire-bombs: Fire-bombs and tear gas greeted negotiations at Greek Parliament on Sunday over the contraversial loan and austerity package [...]
Posted in Internet Tax Lawyers | Comments Off
Friday, February 10th, 2012
In 2009 I wrote in IRS is Right To Deny Charitable Contribution of Home to Fire Department that, Taxpayers who donate their homes to the fire department in exchange for the fire departmentâs promise to demolish the home clearly are receiving value in exchange for the property. The taxpayer and the fire department have entered into a [...]
Posted in Internet Tax Lawyers | Comments Off
Tuesday, February 7th, 2012
The second unscrupulous player in the tax resolution business has been forced to shut its doors as a result of thousands of consumer complaints and several government investigations. Paul Caron has the story: JK Harris Tax Resolution Firm Closes its Doors Consumer Affairs, JK Harris Suspends Operations, Prepares to Liquidate: Tax-Preparation Firm Swamped by Consumer [...]
Posted in Internet Tax Lawyers | Comments Off
Sunday, February 5th, 2012
Michelle Malkin reports that the transparency President has done another one of his patented Friday afternoon document dumps,¹ this time with the voluminous and highly complex IRS rules for implementing the tax provisions of Obamacare: (footnote is mine). If itâs Friday, itâs another White House dump day. Cue the dump truck horn: Doot! Doot! Doot! While Obama [...]
Posted in Internet Tax Lawyers | Comments Off
Saturday, February 4th, 2012
If you wonder why conservatives are so concerned about Democrats stacking the court with liberals, read Eugene Volokh’s blog post reporting that Justice Ruth Bader Ginsburg appeared on Egyptian television and warned developing nations of the world not to use the U.S. Constitution as a model (emphasis is mine): Liberty Counsel points to these these excerpts of an interview with [...]
Posted in Internet Tax Lawyers | Comments Off
Tuesday, January 31st, 2012
My favorite IRS employee has started a blog. Paul Caron reports: National Taxpayer Advocate Nina Olson has started a blog: Welcome to the National Taxpayer Advocateâs blog about taxpayer rights and taxpayer burden. For starters, let me explain that I use the term âtaxpayer rightsâ here to mean not only statutory rights but also the [...]
Posted in Internet Tax Lawyers | Comments Off
Monday, January 30th, 2012
Paul Caron reports that nearly 280,000 current and former federal workers are delinquent in their tax obligations: Over 279,000 federal workers and retirees owed more than $3.4 billion in back income taxes in 2010 (up from $3.3 billion in 2009, $3.0 billion in 2008, and $2.7 billion in 2007). The cabinet departments with the largest percentages of [...]
Posted in Internet Tax Lawyers | Comments Off
Wednesday, January 25th, 2012
John Kerry, the Democratic nominee for President in 2004, paid a lower rate of taxes than Mitt Romney paid in 2010. Of course, we didn’t hear much about Mr. Kerry’s low tax rate from the mainstream press even though, unlike Romney, he thinks the rich are undertaxed. It almost seems unfair to point out that unlike Mr. Romney, who [...]
Posted in Internet Tax Lawyers | Comments Off
Tuesday, January 17th, 2012
In a 2007 blog post appearing in The American Stephen Moore reported that the top one percent of American income earners pay 37% of the federal income tax: The latest data show that a big portion of the federal income tax burden is shoulÂdered by a small group of the very richest Americans. The wealthiest 1 percent of the population earn 19 [...]
Posted in Internet Tax Lawyers | Comments Off