Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Charging for required tasks…

Posted by taxguru on May 7, 2016

Something about this press release from IRS, describing the rationale for their special user fees, strikes me as bordering on insane.

IRS User Fee Program

They try to make the case that people and entities that get special services from IRS should reimburse the government for the costs for IRS to provide those special services. 

What goes unsaid is the fact that the only reason people need to request these “special services” are the facts that IRS requires us all to do all of these complicated things and, with the assistance of our Rulers in DC, have done everything they can to make everything as confusing as possible.  Charging victims of our convoluted tax system special extra fees in order to explain how to comply with the rules is crazy.

Similarly, as in the news release, is the issue of PTINs for us tax pros.  It’s as if it’s some kind of luxury benefit that we receive by having a PTIN, so we should pay IRS for the “benefit” of literally being forced to reapply for a renewal of our PTIN every single year.  I’m sure other tax pros would agree with me that we liked it better under the old rules, where we obtained a PTIN in order to protect the privacy of our SSNs and then we just used that same number from that point on, without having to pay a new fee every year.  What’s next?  An annual application and fee for every American to renew our Social Security numbers?


TaxCoach Software: Are you giving your clients what they really want?

Posted in IRS | Comments Off on Charging for required tasks…

Tax Season Recap

Posted by taxguru on May 3, 2016

For those who believe it’s our patriotic duty to pay in as much as possible to our overlords in DC, Jodi Miller of NewsBusted has a quick analysis of this most recent Tax Season


Excerpted from the 5/3/16 episode of NewsBusted.

Posted in TaxSeason, video | Comments Off on Tax Season Recap

Our IRS Masters

Posted by taxguru on April 13, 2016

This time of year, as we all slave away to stay in the good graces of our overlords at the IRS, a little dose of their character should be enlightening.  These are the people we are forced to reveal all of our secrets to or face prison time.

ID Fraud

It’s bad enough that so many freelance crooks are scamming innocent people to steal their identities and tax refunds.  Now, it appears that IRS is assisting in these crimes. 

IRS chief: Agency encourages illegal immigrant theft of SSNs to file tax returns

Since Commissioner Koskinen’s perjury to Congress last year about the Lois Lerner crimes wasn’t enough to remove him as head tax collector for the country, this news should hopefully do the job.  If only we had some political representatives in DC who understood the need to oppose the bHo Regime’s crimes and destructive actions. 


Making fun of Lois Lerner’s Crimes

The Capitol Steps, a group that performs political parody songs that usually have a slight leftist tilt, has posted an MP3 version of their song about the IRS attacks on Tea Party organizations.

When I.R.S. Guys Are Smiling

While slightly amusing, it is also a bit sad that such abusive use of government powers against political critics is now accepted as standard practice in this country.

Posted in Crooks, IRS | Comments Off on Our IRS Masters

Coverville’s Tax Day Tribute

Posted by taxguru on April 11, 2016

For a number of years, I have been a big fan of and subscriber to Brian Ibbott’s Coverville music channel on iTunes and website, where he assembles eclectic mixes of cover versions of songs on a particular theme or by certain artists. 

This is the first year that I can recall him doing a full show based on our American Tax Day.  It’s 85 minutes long, with 18 cover versions of songs about taxes and money.  It should be no surprise that it begins with a new version of the song I have been featuring for the past 40 years, George Harrison’s ageless “TaxMan.”

You can listen to the full 85 minute show, download it as one big (97.3 mb) MP3, as well as purchase the songs individually from the Coverville website.

Coincidentally, this is Coverville Episode Number 1120.  While it is labeled as a tribute to the 1040, I don’t know if Brian Ibbott is aware of the fact that American corporations report their income on Form 1120.

While clicking around on the Coverville page for this show, I came across a link to a list of 11 different cover versions of “TaxMan.”  I have some of these already, but others are new to me, as they may very well be for other fellow collectors of this song. 

Posted in Music, TaxMan | Comments Off on Coverville’s Tax Day Tribute

Another Fiscal Rape Victim Refuses to Prolong the Suffering

Posted by taxguru on April 11, 2016

I love stories like this, where those our rulers consider to have too much money decide that “enough is enough” and move to locations where they are allowed to keep more of their own things. 

Billionaire’s move puts New Jersey tax rates in spotlight

It would be such a great real world lesson to the spend-crazy rulers in State capitols around the country if they were to watch more of their Golden Geese fly away to lower tax locales. 

Posted in StateTaxes | Comments Off on Another Fiscal Rape Victim Refuses to Prolong the Suffering

Another example of “Do as I say…”

Posted by taxguru on April 10, 2016

What does this say about our tax system?

A Tax Court judge and her husband have been indicted for income tax fraud for claiming a lot of phony business deductions, the very thing that Tax Court judges rule on in almost every case they hear.

Former United States Tax Court Judge and Husband Indicted for Conspiracy to Commit Tax Evasion and Obstruction of an IRS Audit

Thanks to the Spidell Tax Season Tribune for the heads-up on this very ironic case.

Posted in Crooks, IRS, TaxCourt | Comments Off on Another example of “Do as I say…”

Tax Freedom Day

Posted by taxguru on April 6, 2016

Washington DC has its Emancipation Day holiday to mark the anniversary of the signing of the Compensated Emancipation Act, which president Abraham Lincoln signed on April 16, 1862 to free the slaves in DC.

Every year, the Tax Foundation calculates the symbolic annual end of our slavery to all of the taxes we have to pay with Tax Freedom Day (TFD).  Obviously the actual day people reach the freedom of working for themselves instead of working to feed the Tax Beasts is technically different for everyone.  However, as an average nationwide, Tax Foundation has calculated TFD as April 24 this year.  That would be April 25 if this weren’t a Leap Year.

What I found even more interesting is this picture of the Tax Freedom Day by State.  It shows that residents of Mississippi have the earliest TFD, April 5 and with the latest TFD, the prize goes to Connecticut, where TFD is May 21.

Tax Foundation’s announcement and summary of Tax Freedom Day

The full report – 4 page PDF

Posted in TaxBurden | Comments Off on Tax Freedom Day

IRS Criminals Still Being Investigated

Posted by taxguru on March 23, 2016

It’s not receiving much press coverage, but Lois Lerner and her band of crooks inside the IRS are still being investigated by some die-hard groups who were persecuted by them and are suing them in a class action. 

It’s definitely an uphill and practically hopeless battle to wage war against a Federal government that is as rotten and corrupt as the bHo Regime is; but it’s impressive and hopefully inspiring to other victims of IRS crimes that they are at least making an attempt at obtaining justice

Court rebukes IRS for tea party targeting, orders release of secret list

Federal appeals court slams IRS in Tea Party case, demands documents

Posted in Crooks, IRS | Comments Off on IRS Criminals Still Being Investigated

First IRS Increase in Interest Rates since 2011

Posted by taxguru on March 16, 2016

The long streak of IRS charging 3.0% on back taxes will end on April 1, 2016, when it bumps up to 4.0%.

The “good” part of this change is that IRS will also be paying 4.0% interest to taxpayers on refunds from such things as amended tax returns.  That’s a heck of a lot higher than banks are paying on savings accounts.

Interest Rates for the Second Quarter of 2016

Posted in Uncategorized | Comments Off on First IRS Increase in Interest Rates since 2011

2016 Tax Day Is April 18

Posted by taxguru on March 16, 2016

I have heard several people proclaim that we are now less than a month away from the dreaded April 15 deadline.  Not quite.

It may not seem like a big deal to most people, but for those of us in the Tax Season trenches, three more days can ease a lot of pressure. 


Posted in TaxDay | Comments Off on 2016 Tax Day Is April 18


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