The Internal Revenue Code has about 3.7 million words. How many times is “love” mentioned in the Code? Zero. How often does “romance” appear in the Code? Not at all. Is “affection” ever used in ...
Category Archive: Vance Maultsby
Kiplinger recently released its 2015 survey about states and their relative tax-friendliness to retirees. Of course, one quickly focuses on the absence or presence of a state income tax. That is definitely a factor in ...
The Statistics of Income Program of the IRS released some interesting information last week in Publication 4801, “Individual Income Tax Returns Line Item Estimates, 2013.” (OK, I find it interesting. I never said I wasn’t ...
On August 14, 1935, President Franklin D. Roosevelt signed into law the Social Security Act. Today, Social Security provides benefits to about one in five U.S. residents, including retirees, people with disabilities, young children whose ...
Dictionary.com says that to multitask is “to perform two or more tasks simultaneously.” It might also be described as performing tasks sequentially, switching among tasks before the task at hand is finished. Anyway, I’ve always ...
Last week, presidential candidate Jeb Bush released his income tax returns for the last thirty-three years. News outlets sliced and diced the returns to analyze his income, his tax payments, and the significant wealth he ...
The Internal Revenue Service recently unveiled its annual “dirty dozen” of top tax scams for 2015. The twelfth scam made public was frivolous tax arguments. The IRS takes such frivolity seriously. Last month, the IRS ...
Okay. I understand that most of President Obama’s tax proposals are just positioning for the 2016 presidential election on behalf of the progressive wing of the Democratic Party. Rest assured that most of his proposals ...
Maybe it’s because I spent the holiday season taking my wife to the movies, (she claimed that the last show I took her to was “Gone with the Wind” when it was first released), or ...
Oh boy, oh boy! Last week the IRS released the 2012 individual statistics of income, known to us tax nerds as Pub 1304. Once again, I curled up on the couch with this 340 page ...
Today’s Accounting Today has an article entitled “Obama Blames Accountants for Inversion Trend.” During a press conference yesterday, President Obama said the following: “You have accountants going to some big corporations – multinational corporations but ...