by Arthur Geffen | Jun 28, 2011 | Income Tax
What do you think? Who Doesn’t Pay Federal Income Taxes Bruce Bartlett talks about who does and doesn’t pay federal taxes, and notes that “the growth of the non-income-taxpaying population is largely a result of Republican tax policies.” He also notes that:...
by Arthur Geffen | Jun 27, 2011 | Income Tax
BEWARE, all you procrastinators! The Internal Revenue Service has issued final regulations shortening the automatic extension time period for partnership, trust and estate tax returns from six to five months, meaning the returns are due Sept. 15. IRS Sets Tax Filing...
by Arthur Geffen | Jun 2, 2011 | Income Tax
Qualified charitable distributions, (QCDs) from one’s Individual Retirement Account (IRA) provide an option to meet the required minimum distribution (RMD) while avoiding income tax for 2011. This charitable giving and financial planning strategy was extended...
by Arthur Geffen | May 9, 2011 | Income Tax
SO HIRE YOURSELF A GREAT TAX LAWYER! When it comes to taxes, do the rich pay their fair share? The answer, of course, is subjective since "fair" is not an absolute concept and tax data, depending how it’s sliced, can tell different stories. Those who...
by Arthur Geffen | May 6, 2011 | Income Tax
Using "-onomics" at the end of a word has become a trendy way to coin the economic philosophy of a public figure, usually a president. Over the past few decades, there has been "Reagonomics," "Clintonomics" and most recently,...
by Arthur Geffen | Jan 18, 2011 | Income Tax, IRS
At a press conference Monday, former Swiss bank executive Rudolf Elmer handed WikiLeaks’ Julian Assange two discs that he says contain details on more than 2,000 people who evaded income taxes, legally or otherwise, through offshore banking. The list...
