Tax cases involving Native Americans are complex, highly
fact-intensive, and if required, a court must weigh the competing
interests of the tribe, the federal government, and the state to
determine if the tax stands or falls. Read More.
The news this week from the IRS Commissioner that Americans are
cheating Uncle Sam out of maybe more than $1 trillion in taxes
each year was greeted in a familiar way on my social media — with
supporters of the FairTax saying it’s time to move to a
completely different tax system. Read More.
The reason for the obvious lack of enthusiasm shown by Congress,
the D.C. think tanks and the media is that the people to whom
they answer, the Ruling Class, see the FAIRtax for what it is—a
huge transfer of power and money from D.C. to the citizens. Read More.
WASHINGTON (Reuters) -The U.S. government is losing some $1
trillion in unpaid taxes every year and needs more and consistent
Internal Revenue Service funding to go after tax cheats, IRS
Commissioner Charles Rettig said on Tuesday. Read More.
Seven years ago, Vimeo had Hollywood dreams. The internet video
outfit—owned by Barry Diller’s IAC—had found a niche hosting
flicks for artsy filmmakers who didn’t want their works to be
tossed into YouTube’s unruly, ad-driven stew. But it was a tiny,
money-losing business with annual revenue under $40 million. Read More.
If your firm is like most, you know all about the long hours and
stress leading up to the tax deadline in a typical year. That is
why so many firms don’t consider doing tax planning during these
pivotal months. Read More.
When it comes to taxes, the good news is that we all have until
May 17th to file and pay our federal income taxes. (Your state
income tax deadline may be a different story.) Read More.