* Have you checked out my new non-tax blog – the return of THE LAKE REGION SOMETHING – yet?
* Kay Bell discusses “SCOTUS nominee Brett Kavanaugh's judicial take on taxes” at DON’T MESS WITH TAXES.
I certainly supported at least one of his past court decisions. As Kay explains –
“In 2013, Kavanaugh became a
hero to many independent tax preparers {myself included – rdf}.
In Loving v. IRS, the D.C.
court on which Kavanaugh serves ruled that the Internal Revenue Service
exceeded its statutory authority when it attempted to regulate tax preparers.
‘It might be that allowing
the IRS to regulate tax return preparers more stringently would be wise as a
policy matter," Kavanaugh wrote in his majority opinion in Loving.
"But that is a decision for Congress and the President to make if they
wish by enacting new legislation.’"
Judge Kavanaugh was mentioned in an installment of the BUZZ from
2013 regarding the IRS appeal of Loving v IRS – see the “Final Word”.
Coincidentally, the same BUZZ installment also began with reality
cartoon clown Donald T Rump before he was candidate Rump. See what I said about the idiot back then –
“Trump certainly is a fool,
isn’t he? Talk about the pot calling the
kettle black! Except for the members of
clan Kardashian, I can think of no other
individual who has made such a successful career out of shameless
self-promotion, without possessing anything of actual consequence, importance,
value, or even interest to promote! The Dumpster is truly one of the best examples
of someone who is famous for merely being undeservedly famous.”
* Paul D. Allen provides a primer on “Tracking Your IRA's Taxable Basis” at the PIM TAX SERVICES BLOG.
* Jason Dinesen answers the question “Can I Claim My Disabled Spouseas a Dependent?” at DINESEN TAX TIMES.
The answer – yes, but “why
would anyone want to file this way instead of just filing jointly?”
* A reminder - my new book of tax planning and preparation advice –
TAX SMARTS: MY BEST ADVICE FROM 45+ YEARS AS A TAX PROFESSIONAL – has “gone to
press”.
* At FORBES.COM a reader decided to Ask the TaxGirl “Invest Or Roll Your Tax Refund?” and Kelly Phillips Erb, aka TaxGirl, answered.
Of course, as with just about every tax question, the answer is “it
depends”.
* And in a subsequent “Ask the TaxGirl” installment KPE responds to
the question “Can You Save Taxes By Treating Your Home As A Rental?”.
It seems politicians and legislatures in highly taxed states are not
the only ones coming up with totally specious attempts to “get around” the
$10,000 limitation on the itemized deduction for taxes.
* Michael Cohn reports “IRS owes tax refunds to 133,000 injured veterans”.
THE FINAL WORD
Check out the video from
my friend Tres Hanley’s new CD, which should “drop” this December in time for
Christmas. Click here.
I “knew her when”.
We don’t agree on
politics, but I support and honor her championship of animal causes.
TTFN
No comments:
Post a Comment