Archives for February 2011

Geithner Wants to Punish the Job Creators by Getting Rid of Pass-Through Entities?

Geithner Wants to Punish the Job Creators by Getting Rid of Pass-Through Entities?

Secretary of the Treasury Tim Geithner recently told the Senate Finance Comittee that removing small business owners’ option to be taxed as a corporation or an individual is an essential part of tax reform: Congress…

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Liberal Columbia Professor Jeffrey Sachs Says Tax the Rich

Liberal Columbia Professor Jeffrey Sachs Says Tax the Rich

Columbia economist Jeffrey Sachs this morning on MNBC’s Morning Joe repeatedly uttered this tired liberal refrain: Tax the rich. Former-conservative Joe Scarborough tepidly challenged him by declaring “we can’t tax our way out of this,” to which the brilliant…

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IRS Says Breast Pumps are Tax Deductible

IRS Says Breast Pumps are Tax Deductible

Bloomberg.com reports that the IRS will announce that breast pumps and other medical equipment that help women lactate are deductible See advance copy of IRS Announcement 2011-14, 2011-9 I.R.B. ___  (Feb. 28, 2011): Breast pumps…

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Avoid Penalties & Criminal Charges Via New IRS Voluntary Disclosure Program

Avoid Penalties & Criminal Charges Via New IRS Voluntary Disclosure Program

Contact us for a free and confidential consultation about the new Voluntary Disclosure Program and whether it is right for you. The Internal Revenue Service announced today a special voluntary disclosure initiative designed to bring offshore money…

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