23 posts tagged with irs. (View popular tags)
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But most years were pretty close to $24,000. Despite his high income, he was not able to save or, as he said, “amass capital.” Fitzgerald reported every dollar he had entered in his ledger. He was impeccably honest in his reporting. But Fitzgerald did press tax conventions on some occasions. On his 1924 tax return, he deducted $2,450 as a business expense for a “trip to Europe for the purpose of obtaining material for stories, etc.” The American Scholar examines F. Scott Fitzgerald’s tax returns.
posted by geoff.
on Oct 23, 2009 -
13 comments
Timothy Geithner is an experienced financial leader (previously). He is President Obama's pick to run the Treasury Department, which includes the Internal Revenue Service. The problem is that Mr. Geithner did not pay more than $30,000 in taxes, even his employer reminded him to do so. Now his nomination may be in jeopardy. Is Mr. Geithner the new Zoe Baird?
posted by Slap Factory
on Jan 14, 2009 -
63 comments
Tax Info for Musicians. Musicians and taxes don’t seem to mix very well. Taxes and administrating the business of music are often last on the list of concerns for the working musician. The above link gives some helpful tips on what to look for and some simple dos and don'ts. Also, here's some information on the often confusing Section 179 Deduction and a list of common deductible business expenses
posted by psmealey
on Dec 28, 2007 -
19 comments
This map displays county-to-county migration data for 2000-2005 from the U.S. Internal Revenue Service. In, out, staying put, median household income. [via]
posted by tellurian
on Aug 16, 2007 -
19 comments
As virtual worlds economic activity and populations grow, the importance of Real Money Trade comes to the fore. When does fraud inside game worlds become illegal? when do earnings from online worlds become taxable? [discussion], and what happens when real day traders get interested? [more inside]
posted by MetaMonkey
on Oct 21, 2006 -
25 comments
The New Secular Jihad. Together the Patriot Pastors flanked by warrior Ken Blackwell are fighting an apocalyptic clash between the forces of righteousness and the hordes of hell. "Make sure that when the shootin' starts, all of the enemy is in front of you."
posted by Otis
on Mar 2, 2006 -
18 comments
e-file ... FREE-file.
Yes, TurboTax too. via Tom Martino's radio show
posted by WolfDaddy
on Mar 28, 2005 -
15 comments
"Survivor" winner Richard Hatch didn't declare his million bucks to the IRS. He'll be arraigned Jan 24.
posted by CunningLinguist
on Jan 18, 2005 -
53 comments
The Apparat: George W. Bush's back-door political machine -- "It's anti-democratic, anti-Constitutional, and is working to create a one-party America"
Consider this article from Media Transparency regarding how "hundreds of tax-exempt organizations of the far right have been exploiting the twilight zone of campaign and IRS regulations for three decades -- receiving billions of dollars in grants and contributions to wage ideo-political warfare for far-right ideas, causes, and Republican candidates."
Might it already be too late to stop this juggernaut?
posted by mooncrow
on Mar 19, 2004 -
34 comments
Rumors abound about the legality of the IRS, and about people who've managed to avoid paying income taxes based on the lack of legality of the IRS itself. Is any of this real, or simply people trying to make a buck selling a book or two? And if the IRS is fraudulent, what can a citizen without massive fundage do to fight it?
posted by woil
on Aug 25, 2003 -
30 comments
Karl Frank Kleinpaste is on trial defending himself for tax evasion claiming that he lives in the 'Democratic Republic of Pennsylvania' and is therefore not duty bound to pay federal income tax. Some think that this will not go very well for him while others encourage the masses to do the same.
posted by Raichle
on Nov 21, 2002 -
28 comments
To those who have much, more will be given; to those who have little, more will be taken away. The NY Times (mefi/mefi) has uncovered the abuse of an IRS policy - established in 1996, ostensibly to aid widows and orphans - by some of the wealthiest Americans to avoid income and estate taxes altogether. Yet again, only in the land where the individual comes before all else!
posted by luriete
on Jul 27, 2002 -
35 comments
Supreme Court OKs IRS to estimate tips. The IRS can now use estimates of employees' tips in its calculations of what businesses owe in payroll taxes (the dreaded FICA), the Supreme Court said yesterday. The estimates of cash tips -- which are nearly impossible to track directly -- can be based on recorded credit card tips. The IRS said they don't plan to audit servers themselves -- but the effect on restaurants could be chilling.
"Seven out of 10 restaurants are small businesses, many of which operate with slim margins. Quite frankly, this decision could mean the difference between a restaurant staying in business or closing its doors," said Peter Kilgore, general counsel and senior vice president of operations for the National Restaurant Association in Washington.
posted by me3dia
on Jun 18, 2002 -
27 comments
IRS missing over 2,300 agency computers, Identification badges, surveillance gear etc.: A few months back there was another hoopla over missing computers in FBI. Do the internal security policies in federal agencies need a major overhaul or are these simply isolated instances that are more of an exception than the rule?
posted by justlooking
on Jan 9, 2002 -
9 comments
Congress Will Hold Hearing: Is Income Tax Legitimate? Robert Schulz’s We The People Foundation announced that the Justice Department and the U.S. Congress had committed in writing to appear in a recorded public meeting with IRS representatives. There they will officially answer charges challenging the legal jurisdiction of the IRS and the illegal enforcement of U.S. income tax laws against U.S. citizens.
posted by dagny
on Jul 23, 2001 -
31 comments
Another problem with the alternative minimum tax. One of the problems with this tax was discussed back in May when it was realized that the AMT would substantially cut into the tax rebates of many. Now there is a new twist: People who did not cash out stock options before the downturn and are now sitting on a tax bill larger than all their assets combined.
posted by Nothing
on Jun 19, 2001 -
6 comments
Looks like the Internal Revenue Service is trying to soften their image with a cutesy design of their Web site. Are you buying this? I'm not!
posted by Sal Amander
on Jun 15, 2001 -
12 comments
OK, Maybe I don't get the $300 tax rebate after all. More than one-quarter of all American adults will not get a tax rebate this year. Altogether, nearly 40 percent will not get the full amount of $300 for individuals and $600 for couples.
Nationally, the study shows, 34 million American adults, or 26 percent, will get no rebate, and another 17 million, or 13 percent, will get less than the full rebate.
This sucks. Why am I not surprised.
posted by tcobretti
on Jun 11, 2001 -
45 comments
Something else tax-related...
There is NOW a genuine effort in Congress to eliminate the income tax! House Resolution (H.J. Res. 45 -- The Liberty Amendment) sponsored by heroic congressman Ron Paul, that would repeal the 16th Amendment and free us from direct taxation, which is one thing the Constitution originally guaranteed, before it was vandalized by unscrupulous politicians early in the last century, who promised the income tax would hit only "the rich" (where have you heard that before?) and would never be more than a few percent. Politicians have such senses of humor. Anyway, YOU can help Rep. Paul's effort to repeal the income tax: join the petition to the U.S. House of Representatives and encourage everyone you know to do the same. This is a real opportunity, so if you oppose the income tax, here's your chance to do something concrete and effective (and still easy) to help the fight against it. Time is a factor, so please do it today.
Found on deuceofclubs.com, an amazingly witty site where a person can lose countless hours of their life at, reading all sorts of non-tax-related mayhem.
posted by lizardboy
on May 26, 2001 -
13 comments
Dave Barry caught by the long arm of the law. The Pulitzer-winning humorist, who every year around this time puts out a column bemoaning income taxes, just found out he's being audited. Coincidence?
posted by OneBallJay
on Mar 29, 2001 -
9 comments
Proposed IRS rule could limit the freedom to link. The US Internal Revenue Service is proposing a rule that might make it inadvisable for not-for-profit organizations to provide links on their Web sites to any political site. The IRS is proposing to interpret any link to a political site from the pages of a nonprofit as evidence that the nonprofit is "engaging in political activity" and thus in danger of losing its 503(c) status.
posted by lagado
on Feb 5, 2001 -
8 comments
cisco and microsoft didn't pay federal taxes last year. it seems it has something to do with paying employee stock options instead....
posted by rebeccablood
on Oct 9, 2000 -
6 comments
Ever wonder what to do about all of that money you embezzeled? Now you know.
posted by jeremy
on Mar 9, 2000 -
2 comments