The Fine Line Between ‘Entrepreneur’ and ‘Tax-Dodger’ – Interesting look at the Hobby vs. Business issue by Gail Buckner.

IRS Leans On Auction Sites to Spill Customer Information – More on the IRS plan to draft more companies as its deputies in the income reporting system.

Homeowners Wage a Rebellion As Property-Tax Assessments Rise – It’s always good to see stories about people fighting back legally against tax increases. Too many people just roll over and let their rulers rape them financially.

IRS Kicks Homeowners While They Are Down – Relief of debt is just as taxable as winning the lottery.  The big difference from a practical viewpoint is that there is no actual cash with which to pay the IRS and State tax agencies.

Interesting video of Senator John Thune explaining many of the humongous tax increases we will all be hit with if the DemonRats carry through on their threat to allow Bush’s tax cuts to expire.  

Looking at the silver lining of these impending increases, for all of those tax pros who worry about losing business, each of these tax hikes is a golden opportunity to expand your client base to help people develop tax savings strategies.   

Springtime for Taxes – From John Stossel

From National Review Online:

Jay Nordlinger had this observation:

“We are admonished by our accountants not to send in our tax returns through the U.S. mail. Better to send them via some other means, to be sure they get there.

Isn’t that kind of comical? I mean, here we are, paying our taxes in order to have public services. And the U.S. mail is a service we don’t dare use, to pay for our services.”

Show Taxpayers the Spending. Government should have nothing to hide from those who fund it. – Phil Kerpen

America’s convoluted income-tax system should be optional – Deroy Murdock

Taxing Myths – Brian Riedl covers some of the mis-statements (aka lies) our left wing rulers and their media compatriots use, such as tax rate cuts created the deficit. For quite a while, this kind of statement has been one of the “litmus tests” I use to judge the intelligence and credibility of a person.  Anyone spouting such tripe has classified him/her self as an idiot, not to be believed or trusted on any subject.  I have recently added those who spout the Al Gore crapola about Americans being responsible for global warming to this litmus test for intelligence. Anyone stupid enough to fall for Gore’s idiotic theories that people are more powerful than the Sun really shouldn’t be trusted with sharp objects, much less have any of their opinions taken seriously on any subject.  

From the Late Show email newsletter:

10. Every time you give him a receipt, he eats it

9. He keeps your records on an Etch-A-Sketch

8. Brags about the good advice he gave to Wesley Snipes

7. You visit his office and he’s actually counting beans

6. His children are named “Debit” and “Credit”

5. Keeps telling your wife she has a nice pair of W-2s

4. He puts you in for a $10 million refund and says, “Hey, let’s give it a shot!”

3. He keeps trying to deduct your pants

2. Ludicrous claims of having nailed both Morgan and Stanley

1. He keeps referring to the IRS as “those auditing hos”