Archives for July 2009

Tax Break for PI Lawyers

Tax Break for PI Lawyers

Walter Olson of PointofLaw.Com writes about a tax break that is in the works for trial lawyers: [T]he litigation lobby is quietly preparing to push through a $1.6 billion (with a “b”) tax break for contingent-fee…

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Illustration: Theft of State Tax Funds Anomaly

Illustration: Theft of State Tax Funds Anomaly

I previously blogged about the state of Rhodes Island’s aggressive pursuit of small businesses who have collected but failed to remit state sales taxes. In this companion post, I illustrate how theft of state funds…

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Florida, Other States are Cracking Down on Taxpayers

Florida, Other States are Cracking Down on Taxpayers

Andrew Morse of Anchor Rising reports that Rhodes Island taxing authorities visited more than 1200 small businesses this week telling them that if they don’t pay their delinquent sales taxes the state will shut them down. Rhodes…

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Tax Statistics: Types of Taxes Paid

Tax Statistics: Types of Taxes Paid

Gerald Prante of The Tax Policy Blog published a schedule showing the amounts and the percentages of 12 categories of taxes paid by U.S. taxpayers and businesses: Tax Source 2007 Amount (in bill $)       Share of…

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IRS Voluntary Disclosure is Working

IRS Voluntary Disclosure is Working

Paul Caron in Tax Cheats Flock to IRS to Confess Their Sins quotes the following from a Wall Street Journal article: Wealthy taxpayers have inundated the IRS in recent weeks with requests to come clean for…

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