For Pete Rose, Tax Hits Keep On Coming – One of the pitfalls of being a celebrity is the publicity surrounding things like this, which are normally relatively private matters.

John Kerry is lying about the economy and the New York Times proves it – Of course. He lies about everything. Who would have thought the DemonRats could scrape up a candidate who makes Bill Clinton appear honest by comparison?







President Can Reform Social Security Without Raising Taxes or Cutting Benefits

Global Taxes Are Back, Watch Your Wallet

Elimination of the Internal Revenue Service

Auditor Turnover: SEC Seeks ‘The Rest of the Story’ – It’s long been an obvious sign of funny business going on in a company’s accounting when their CPA firm refuses to handle the audit any more.

M.B.A. Students May Lose Tax Break – The cases cited are mainly for W-2 employees who deducted their education costs on Schedule A. As with most deductions, this kind of thing is more powerful tax-wise as a Schedule C deduction, which is how I claimed my MBA costs. As required to be deductible, the MBA classes didn’t qualify me to do anything new (I was already a CPA), but the things I learned have been very useful in running my businesses and servicing my clients.

Real Tax Cuts, Imaginary Analysis

These are popular around the country. Some other upcoming state tax amnesty programs include:

Mississippi – From September 1, 2004 through December 31, 2004

West Virginia – From September 1, 2004 through November 1, 2004

How Lawyers Helped Drive The Boom in Tax Shelters – So, what’s so wrong about attorneys charging people hundreds of thousands of dollars for “objective” opinion letters on tax shelter scams those same lawyers created? It looks like a high growth legal specialty is going to be in handling malpractice suits against these guys.

During the months of February and March 2005, the California Franchise Tax Board (income taxes) and Board of Equalization (sales taxes) will have an amnesty program for people who haven’t filed their 2002 or earlier tax returns or did so but failed to include some income or claimed too much in deductions. People who ‘fess up during those two months and pay their back taxes and interest will be free from any penalties and criminal prosecution.

As the FTB says in their Tax Amnesty Quick Reference, this won’t apply to anyone who they have already started criminal proceedings against. The application to participate in the amnesty isn’t scheduled to be available until January 15, 2005.

As with any State amnesty program, this creates a new variety of tax planning decisions. As I’ve mentioned several times before, anyone who is ready to come clean with the State tax authorities had better be ready to do the same with IRS because all info provided to the State will be shared with IRS, which has no similar amnesty programs in the works.

Buffetted. The Sage of Omaha loves the estate tax — as well he might – Why we were upset that Arnold Shwarzenegger was relying on him as an advisor during his run for Ruler of the PRC.







Tax burden politics – According to the lefties, nobody should be happy about their own tax breaks if anyone else received more, especially the evil rich who pay almost all of the taxes.

Bush Tax Cuts Erased Income Tax Burden for 7.8 Million Families

Socialism is evil: Part II – Another great lesson from Walter E. Williams.

Bush’s Tax Cuts — No Good Deed Goes Undistorted – It is quite an uphill battle to counter the vast reach of the leftist media in their attempts to convince everyone that tax cuts are evil because rich people had their taxes reduced.