Charles Davidson | March 26, 2010
Can it be true that the people responsible for writing and administering the tax code don’t prepare their own tax returns? The Daily Caller backed more than a few key tax officials into a corner and asked if…
Charles Davidson | March 26, 2010
Owners of tanning salons are upset over a new tax that targets them as a way to help pay for the new health care overhaul that was recently signed into law.
Charles Davidson | March 26, 2010
An interesting article appearing in the NY Daily News calls attention to a glossy mailer with tax tips sent out by NY Congressman Charlie Rangel, former chairman of the powerful House Ways and Means Committee – the committee responsible for…
Charles Davidson | March 25, 2010
Two senators proposed tax relief for victims of 2008-9 Ponzi schemes. The bill has bipartisan support and has been praised by advocacy groups for victims of the Madoff and Stanford International frauds.
See the rest of the article at the…
IRS | March 25, 2010
IRS | March 25, 2010
Travel expenses are deductable if the trip was entirely business related.
If the trip was primarily for personal reasons, such as a vacation, the entire cost is a nondeductible personal expense.
However, expenses at the destination directly related to business may…
IRS | March 25, 2010
Notice 2010-29 provides interim rules to the issuers of variable annuity contracts on issues that arise under §§ 807 and 816 as a result of the adoption of Actuarial Guideline XLIII.
Notice 2010-29 will be in IRB 2010-15, dated April…
IRS | March 25, 2010
Registration is now open for the IRS Nationwide Tax Forums. Attend the Forums this summer to earn continuing professional education credits, hear about the latest IRS e-Services products and learn about upcoming new registration, testing and e-file requirements for return…
IRS | March 25, 2010
Every year, millions of taxpayers donate money to charitable organizations. The IRS has put together the following list of six things you should know about the tax treatment of tax-exempt organizations.
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IRS | March 25, 2010
WASHINGTON — The Internal Revenue Service today issued proposed regulations allowing the IRS to require that tax return preparers use Preparer Tax Identification Numbers (PTINs) as the preparer’s identifying number on all tax returns and tax refund claims that they…
