Clik here to view.
Tax Code as Swiss Army Scalpel
The tendency to use the tax code as the Swiss Army Knife of public policy reaches absurdity in the “health care” bill passed over the weekend in the House. It’s so bad that even former IRS big shots...
View ArticleClik here to view.
The Swiss Army Knife of public policy vs. Swiss tax policy
The tax law is a mess because politicians see it as the Swiss Army Knife of public policy. Even if it is already too unwieldy to be of much use, they always have a new gadget to add. Apparently the...
View ArticleClik here to view.
Where’s my tax break?
When you give out a “targeted” tax break, lots of folks hire lobbyists to put a target on their own backs. That seems to be happening with the misguided proposal to exempt some sales of stock to...
View ArticleClik here to view.
Tax Roundup, 3/5/2013: Good intentions, broken whistles. Also: file all the...
“Ultimate Swiss Army Knife” image courtesy redjar under Creative Commons license. The Iowa income tax as Swiss Army Knife. The Iowa Senate Veterans Affairs Committee yesterday sent to the floor a...
View ArticleClik here to view.
Tax Roundup, 10/7/2013: Not everything the IRS auctions is as glamorous as...
Last week we mentioned the Chromaro, a toy seized by the government from a man who tricked out a Camaro with proceeds stolen from the IRS via identity theft refund fraud. It will eventually be...
View ArticleClik here to view.
Tax Roundup, 7/7/14: IRS stands down on imaginary 750-hour rule for real...
A newly-released memo indicates that the IRS will no longer hold real estate professionals to an illegal standard in determining passive losses. ILM 201427016 addresses how the “750-hour test” of...
View ArticleClik here to view.
Tax Roundup, 8/19/14: Will people just quit paying taxes? And how far does...
The income tax, the Ultimate Swiss Army Knife of public policy. Flickr Image courtesy redjar under Creative Commons license. Some folks are worried that we’ll all suddenly stop paying taxes, according...
View ArticleClik here to view.
Tax Roundup, 9/30/14: IRS handling of uncollected taxes slammed. And: ISU...
Priorities. While allowing billions of false refunds to go to two-bit grifters via ID-theft refund fraud, the IRS also manages to not correctly follow up on billions of unpaid assessed taxes,...
View ArticleClik here to view.
Tax Roundup, 1/26/15: Is Iowa 2014 tax season in jeopordy? And: how “trust...
Accounting Today visitors: Here is the accounting method post mentioned by “in the blogs.” Uh-oh. Is there a holdup on passing the annual “conformity” bill at the statehouse? This from Republican...
View Article
