Posted in Loopholes, Tax Loopholes, Tax Strategies, Tax-Breaks on Mar 25th, 2008 No Comments »
8:05 AM CDT on Monday, March 24, 2008
Bankrate.com Did you hear the one about the pot dealer’s tax return? The New Yorker who claimed the whole city as a dependent? The exotic dancer who deducted … well … you know?
It’s time once again for Bankrate’s 10 craziest tax write-offs, presented as a [...]
Posted in Business Taxes, Loopholes, Tax Loopholes, Tax-Breaks on Aug 13th, 2007 No Comments »
Aissatou Sidime
Express-News Business Writer When Stanley L. Blend becomes the first San Antonio lawyer to lead the American Bar Association’s tax section next week, he plans to tackle a quirky new trend that — if unchecked — could lead to higher taxes and legal fees for taxpayers. In an odd twist, companies have begun [...]
Posted in Loopholes, Tax Deductions, Tax Loopholes, Tax-Breaks on Jul 5th, 2007 No Comments »
Some Members ofngress Are Moving to Close the Tax Loophole; Auto Dealers Want to Keep It
(ABCNEWS)
By MARCUS BARAM
June 28, 2007
It’s one of the many loopholes buried within the fine print of the tax code: Business owners who purchase heavy luxury SUVs, those weighing over 6,000 pounds, [...]
Posted in Family-related, Immigration, Industry News, Loopholes, Tax Refunds on Jun 15th, 2007 No Comments »
By Chuck Muth, 6/11/2007 5:06:15 PM The Bush White House is putting on a full-court press to get his “comprehensive” (that’s Washington-speak for amnesty + continued lax enforcement) immigration reform proposal passed in the Senate. But in a press release issued on Monday, Republican Senator Jeff Sessions of Alabama has already identified [...]
Posted in Loopholes, Politics, Stocks/Bonds, Tax-Breaks on Jun 5th, 2007 No Comments »
June 1st, 2007 by Gordon Cook
Hey what do I know about high finanance? A few months ago I read that one reason that workers pay hasn’t budged is that, under the Bush, Cheney, Rove Abramov oligarchy, the fortune 500 has been having a field day with usinmg profits for stock buy backs and taking full [...]
Posted in Family-related, Industry News, Late breaking news, Loopholes on Jun 5th, 2007 No Comments »
6/3/2007 10:54 AM EDT
URL: http://www.thestreet.com/funds/taxes/10360160.html
Consider this another step in the “tax accountants full employment act”: The latest change in the tax law applies the “Kiddie Tax” to much older kids! The change targets wealthy parents who gift assets to their children to avoid paying their own, higher tax rate.
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