Archives for December 2009

The Ominous Aughts

The Ominous Aughts

The first decade of the 21st century ends at midnight tonight and we still don’t have a name for it. That’s unacceptable. Because I think the events of this past decade are less notable for their impact during…

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10 Top Tax Stories of the Decade and 4 of My Own

10 Top Tax Stories of the Decade and 4 of My Own

The Tax Foundation has compiled a list of the top 10 tax stories of the “Ominous Aughts.” Here it is: 1. The Bush Tax Cuts 2. The Alternative Minimum Tax 3. The IRS, Rebate Checks,…

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Tax on Cadillac Plans not Really a Tax, Says MIT Economist

Tax on Cadillac Plans not Really a Tax, Says MIT Economist

The St. Petersburg Times has a column written by MIT economist Jonathan Gruber who claims that the tax on Cadillac insurance plans isn’t really a tax increase after all: The assessment proposed in the Senate is…

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Joe Francis Sues IRS For Wrongful Collection Action – UPDATED

Joe Francis Sues IRS For Wrongful Collection Action – UPDATED

WebCPA reports that Joe Francis of “Girls Gone Wild” fame has filed a lawsuit against the IRS for illegal collection activities (emphasis added): [S]hortly after the judge accepted his plea deal, the IRS filed a lien…

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Tax Planning: Last Minute Moves

Tax Planning: Last Minute Moves

Less than a week left to do year end 2009 tax planning and William Perez gives us a neat list of the traditional year-end moves: Tax planning at the end of the year involves a few…

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