What to do if you don’t get your W-2
Some Users of Free Tax E-Filing Say the ‘E’ Doesn’t Stand for ‘Easy’
Posted by taxguru on February 7, 2003
What to do if you don’t get your W-2
Some Users of Free Tax E-Filing Say the ‘E’ Doesn’t Stand for ‘Easy’
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Posted by taxguru on February 7, 2003
1031 Exchanges
Although delayed like kind (aka Starker) exchanges have been legal since 1984, we still come across people every day who are unclear as to how they work. The scariest thing is that many of the uninformed are tax and real estate professionals. Sherry turned me on to this excellent article on the history, rules and procedures for tax deferred exchanges. I have to admit it’s a more complete article than what we have on the Tax Free Exchange Corporation website.
KMK
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Posted by taxguru on February 6, 2003
Budget Bloat
As Stephen Moore points out, our GOP controlled DC ruling bodies are losing the battle against big government spending. A 50% increase in the Federal budget doesn’t make their claims of fiscal control and smaller government very credible. Our chances of ever seeing our tax burden decrease drop off in direct proportion to the growth in the Federal budget. GOP pork is just as expensive and irresponsible as that doled out by the Dems. The National Taxpayer Union is just as upset over this as Stephen Moore and I are.
I do take exception to the connection that NTU and everyone in the mainstream media make between tax rate cuts and the deficit. As proven by the Reagan tax rate cuts, lower rates produce more revenue. Deficits are a direct result of uncontrolled spending, just as they were in the 1980s and 90s. Every time you see someone try to blame deficits on tax rate cuts, you need to realize that person is either an idiot, a liar, or more likely both, and definitely not to be trusted.
KMK
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Posted by taxguru on February 4, 2003
A Tax Code Not Intended for Amateurs
Of course not. That’s what makes the tax profession the most secure career in the country.
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Posted by taxguru on February 4, 2003
Most States were like the grasshopper, with no plan for downturns in the economy. And of course, their rulers continue to be reelected.

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Posted by taxguru on February 3, 2003
Bush Proposes New Tax-Free Savings Plans
More complicated options added to a slew of already confusing plans. However, this is just a proposal, with a long way to go before enactment into real world law; so don’t worry about learning these rules yet. They will be changed quite a bit. Remember how tax laws are developed.
KMK
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