More thanks to TaxProf Paul Caron for the link to this pdf chart showing the maximum Federal tax rates since 1916. I found it so interesting that I converted it to html and made it a permanent page on my main website for reference purposes.

TaxProf Paul Caron has an interesting look at the issue of a church’s tax exempt status and its technically illegal involvement in politics. While this current case deals with the Catholic church’s problems with John Kerry, we shouldn’t forget how the DemonRats have a history of using black churches as campaign vehicles. Bill Clinton, Al Gore and John Kerry have all very openly used such churches as campaign tools. Is there any wonder why we haven’t seen any media outcry for those churches to have their tax exempt status revoked for violating the ban on political involvement? It doesn’t take a NASA scientist to figure that out.

You can always find the latest news releases from IRS on their web site in easy html or in downloadable PDF, such as these latest ones:

IRS Lends a Hand to Small Business

IRS Offers Small Businesses New Tools to Help Manage Retirement Plans

IRS has been doing a good job of making an ever increasing number of tax resources available through their web site. However, we do need to keep in mind that they do have a natural bias in regard to generating revenues for the government. So, key decisions as to how to structure a business, such as the best type of corporation to use should still be evaluated with the assistance of a tax pro who shares your desire to minimize your taxes.