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  • Home
  • More Tax Posts
    • Credits/Deductions
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  • About
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Don't Mess With Taxes
  • Home
  • Credits/Deductions
  • Filing and Paying Taxes
  • Refunds
  • Politics/Laws
  • State Taxes
  • Tax Brackets/Inflation
  • Tax Tips
  • Family
  • Disasters
  • About
  • Americans offer a counter-intuitive tax reform plan

    August 12, 2017
    Tax reform, or at least tax cuts, will top Congress' agenda when it gets back from August recess. But will…
  • 4 tax tips for new businesses

    August 11, 2017
    You’ve had enough of being a wage slave. It’s time to start your own business. That means it’s also time to…
  • Chicago-area soda tax angers consumers, while Philly’s similar levy may be driving those folks to drink beer

    August 10, 2017
    I’ve mentioned in few posts already this month that it’s hot. Here in Central Texas, we’re in a stretch of…
  • Tax Court disallows $32,000 business expense deduction because taxpayer didn’t intend to turn a profit

    August 9, 2017
    Before you can write off your business expenses, you must show that you were indeed trying to turn a profit.…
  • India’s demonetization effort produces more tax filers

    August 8, 2017
    India tax officials say their effort to reduce large stashes of illicit cash has led to markedly more tax compliance.…
  • Is your college scholarship taxable? Probably not

    August 7, 2017
    Study up on ways to pay for your or your child's college costs. Some student aid, like scholarships, typically are…
  • New IRS Criminal Investigation chief announces goals

    August 6, 2017
    Look out tax criminals, there’s a new sheriff in town. OK, technically Don Fort is not a sheriff. But as…
  • Tax man anxiously awaiting Powerball, Mega Millions winners

    August 5, 2017
    Meg White via Giphy It's the first weekend of August and my life is bucking the "take the month off" trend. I've…
  • Don’t fall for tax ID theft phishing scam from crooks impersonating tax software companies

    August 4, 2017
    Every computer user is familiar with the constant updates to software. So are identity thieves. And now these crooks are…
  • Expatriations on pace to set new U.S. exit record

    August 3, 2017
    The Trump Administration announced Wednesday, Aug. 2, support for an immigration plan that would dramatically reduce the number of people…
  • Capital gains, tax reform and a surging stock market

    August 2, 2017
    Does the surging stock market mean it's time to take capital gains? Tax reform could complicate the decision. The U.S.…
  • Hot, hot, hot August tax moves can produce cool tax savings

    August 1, 2017
    August's Dog Days of Summer are a great time to make some hot tax moves — from energy-related tax breaks to…
  • R.I.P myRA: Treasury ending starter retirement account

    July 31, 2017
    With every story or study on retirement savings, I hope the news will be better. It usually isn’t. Overall, most…
  • ‘Trump Effect’ appears to have cost states tax money

    July 30, 2017
    Every taxpayer is well aware of the length of the federal tax tentacles. What Congress does to the Internal Revenue…
  • Foxconn promised $3B in tax breaks to build Wisconsin plant

    July 29, 2017
    UPDATE, October 19, 2020: "For two years, the company, aided by the vocal support of the Wisconsin GOP, worked to…
  • BAT strikes out and other insights from the GOP’s latest tax reform guidelines

    July 28, 2017
    "We looked at healthcare and said let's make sure that we do tax reform better and differently." — House Speaker…
  • Tax holidays are popular, but bad tax policy

    July 27, 2017
    School supplies are among the items that are sales-tax free during some of this summer's state tax holidays.
  • IRS makes progress fighting individual tax ID theft, but business refund fraud has increased

    July 26, 2017
    Alfred Hitchcock nailed it in his 1955 cat burglar-turned-romance starring Grace Kelly and Gary Grant. The pair teamed up, with…
  • IRS expands digital options, adding email notifications and virtual tax dispute capabilities

    July 25, 2017
    The Internal Revenue Service has expanded its digital options, offering email notification for some e-paying taxpayers and web video conferencing…
  • Comic-Con favorite Marvel Studios gets California tax break

    July 24, 2017
    Tom Hiddleston as Loki, left, and Chris Hemsworth as Thor prepare to take down some bad guys in "Thor: Ragnarok."…
  • Treasury cites 8 burdensome tax regs that might be axed

    July 23, 2017
    On the presidential campaign trail, Donald J. Trump promised to end many federal agency regulations. It's one pledge he's delivered.…
  • Kentucky sinks Ark Park’s millions in tax breaks

    July 22, 2017
    Ark Encounter's replica of the vessel used in the Biblical tale of Noah and the flood is the largest timber…
  • State sales tax holiday season 2017 is in full swing!

    July 21, 2017
    Alabama kicked off the annual back-to-school sales tax holiday 2017 season on July 21. Mississippi's and Tennessee's weekend events are…
  • Colorado has collected more than half a billion in pot taxes

    July 20, 2017
    Some type of marijuana use is legal in more than half of the United States. State and local coffers get…
  • Adoption tax breaks help cover costs of adding to your family

    July 19, 2017
    This post was updated March 27, 2018. If you've been paying attention to Donald Trump Jr.'s meeting with some Russians…
  • Airbnb collecting occupancy taxes for more of its clients

    July 18, 2017
    Your decision to stay in a private home or a traditional lodging option depends on lots of things, including the…
  • Tax filing emojis to consider on World Emoji Day

    July 17, 2017
    UPDATED July 17, 2019 Happy World Emoji Day! It's held on July 17 each year as a way to promote…
  • Tax fights continue nationwide over Trump golf clubs’ values

    July 16, 2017
    The spectacular hole 13 waterfall at Trump National Golf Club in Westchester, New York, is one of the things that…
  • Rapper DMX accused of cheating IRS out of $1.7 million

    July 15, 2017
    Honestly, rich people. You can afford to hire good tax advisers and accountants. Why don't you?!? That's the question I…
  • IRS civil asset forfeiture rules would be tightened by Ways and Means House approved RESPECT Act

    July 14, 2017
    UPDATE, Sept. 18: The House of Representatives continues to make progress in efforts to end civil asset forfeitures. On Sept.…
  • California couple must repay almost $13,000 in Obamacare advance premium tax credits

    July 13, 2017
    Shawn Campbell via Flickr Creative Commons As the health care battle on Capitol Hill continues, there's one thing upon which…
  • IRS seeks stay in PTIN fee collection court ruling while it ponders its additional legal options

    July 12, 2017
    This post was updated Tuesday, July 25, 2017. Paid tax return preparers must sign their clients' 1040 forms and include…
  • Millennials’ participation in tax-favored workplace retirement plans improves, but still lags other generations

    July 11, 2017
    Every financial adviser recommends that we all keep close eyes on our retirement plans, either by reallocating our investments or…
  • Amazon Prime Day and Washington’s new marketplace, tattle-tale law shine spotlight on online sales tax collection

    July 10, 2017
    As Amazon offers taxable deals on Prime Day tomorrow, Washington online shoppers — and marketplace sellers — are facing a…
  • Mayweather files suit against IRS to avoid tax bill KO

    July 9, 2017
    Undefeated boxing champ Floyd Mayweather Jr. is trying to avoid a knockout from the Internal Revenue Service. Mayweather still owes…
  • Millennials’ health care preferences are likely to shape any Obamacare rewrite

    July 8, 2017
    The Senate will get back to work next week crafting an Obamacare repeal-and-replace measure, an already difficult task made more…
  • House bill would expand student loan interest tax deduction

    July 7, 2017
    The cost of college continues to simmer as an educational policy and legal issue, particularly when it comes to student…
  • What’s your state’s top combined state/local sales tax rate?

    July 6, 2017
    Do your summer plans include doing a little shopping, either at home or while on vacation? Then you need to…
  • America’s Yankee Doodle Boy gives us a tax deduction rule

    July 4, 2017
    Happy Birthday, America! July 4 is special to all of us Americans, the day we declared our independence from Great…
  • Net gains in UK from Wimbledon bets; SCOTUS decision could make sports gambling legal in more of US, too

    July 3, 2017
    One of Wimbledon's famed grass courts, which are the focus of the tennis — and betting — worlds as tournament…
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