* Over at MARKETWATCH.COM Robert Klein (no,
not that Robert Klein) reviews the 2013 tax season and tells us that the
“Wealthy Paid 13% More Tax on Same Income”.
Robert’s piece clearly underscores the fact
that (highlight is his) “it's no secret that high-income households
have historically paid more than their fair share of income tax relative to
their numbers” - even more so for 2013.
We should not punish entrepreneurship,
ambition, and success. And we should not
disproportionately tax the “wealthy” merely because they can afford it.
* Steven J. Fromm of
the PHILADELPHIA ESTATE AND TAX ATTOREY BLOG provides a primer on “Estate Planning: Now What? A Must Read For Everyone”.
Despite the arrogance of the title, it does appear to be a must read.
* Over at JD SUPRA BUSINESS ADVISOR Jessica
Catlow contemplates “The Independent Contractor: To Be or Not to Be”.
The opening sentence of her piece is
important to remember -
“Just
because an employer calls someone an independent contractor does not make him
or her so.”
* You can check the status of your current
year’s tax refund online at the IRS website.
Did you know you can also check on a refund requested on an amended
return?
The IRS “Where’s My Amended Return?” tool allows
you to check the status of Form 1040X Amended Tax Return for the current year
and up to three prior years.
* And did you know that each week tax information
publisher CCH provides a “Weekly Report from Washington, D.C” on the
tax-related developments for the week from Congress, the White House, the
Treasury Department, and the IRS? It is
part of the publisher’s week-day daily Tax Headlines email newsletter.
Click here to sign up for the Tax Headlines
e-letter.
* The TAX WARRIOR CHRONICLES from Drucker
& Scaccetti review the “Tax Aspects of Caring for An Elderly Individual”.
TTFN
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