A note to Len Berman who wrote in the Tax Policy Center TAXVOX blog, “Another tax cut for the rich. More than 85 percent of the benefit will go to those earning over $100,000” – in New Jersey a family earning gross wages of $100,000 is not considered rich!
* The internet’s BAG LADY offers an interesting comment on the dreaded AMT in her post “Is Anyone Else Confused and Annoyed by the Alternative Minimum Tax?!” -
* Roni Deutch’s TAX HELP BLOG provides the “Tax Views of Top 10 Presidential Candidates”. Her post is especially helpful as it also lists the tax-related voting record of those candidates who currently serve/have served in Congress.
* Trish McIntire of OUR TAXING TIMES reminds us that you get what you pay for in her post on “Using a Volunteer Preparer”. Trish points out “According to the Kiplinger Tax Letter, Treasury Inspectors found errors in 56% of the volunteer returns they examined. While the survey was small, the errors found in the several thousand returns they audited have convinced the IRS to expand their review.”