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zerohedge.com / By Tyler Durden / 05/10/2013 10:54 -0400
Just because you are a conservative and paranoid, doesn’t mean the IRS is not after you. And, assuming the AP was not hacked again, this is precisely what happened. In a stunning disclosure, the supposedly impartial Internal Revenue Service has admitted and apologized for flagging [...]
We talked with CPA Michael Gray about strategies for keeping more of your money and paying less in taxes to the IRS. Certainly things have gotten harder with the new tax law, but there are still strategies available for minimizing your tax burden Charitable contributions, retirement planning and other things still [...]
lewrockwell.com / By Andrew P. Napolitano / April 18, 2013
With a tax code that exceeds 72,000 pages in length and consumes more than six billion person hours per year to determine taxpayers’ taxable income, with an IRS that has become a feared law unto itself, and with a government that continues to extract more [...]
Carl Jarvis constitutional scholar came on to discuss the latest gun control failure and why it matters. Seems with all the monumental existential issues facing the country, Congress should be more concerned with these issues than having you check a few more boxes on your gun check form. Not so. The [...]
dollarvigilante.com / By Gary Gibson / April 15, 2013
“It is difficult to free fools from the chains they revere.” –Voltaire
Most people think April’s Fool Day in the US falls on the first of April. They’re wrong, but they are close. It’s really April 15. That’s when millions upon [...]
The least of the problems with the income tax is that it takes your money. The really big problem is that the income tax takes your life. It gives the government direct access to the things you own and sets up the political/bureaucratic sector to [...]
libertyblitzkrieg.com / By Michael Krieger / April 11, 2013
Truly remarkable how the establishment views the citizenry. They quite clearly and openly view themselves as having full ownership of our lives, our work and our privacy. Actually, they do not think we deserve to have privacy at all. This is the exact [...]
activistpost.com / By Madison Ruppert / April 11, 2013
According to documents recently obtained by the American Civil Liberties Union (ACLU), the Internal Revenue Service (IRS) believes they have the authority to read the private e-mail messages, Facebook chats and other online communications of Americans without obtaining a warrant.
armstrongeconomics.com / By Armstrong Economics / April 11, 2013
Recently the American Civil Liberties Union under a Freedom of Information Act request got internal documents of the IRS that take the position that the IRS maintains it can read American citizens’ emails without a warrant. As always, the government agencies ALWAYS interpret their authority [...]
dollarvigilante.com / By Gary Gibson / March 31, 2013
Need a tax expert? I ask because National Stockholm Syndrome Day is almost upon us. All across the nation the American people are paying their federal masters not only with money but with time and worry. Meanwhile the tax reporting preparation pimps are hawking their [...]
testosteronepit.com / By Wolf Richter / March 26, 2013
“The government imposed the income tax burden in the first place,” said former California Republican legislator Tom Campbell about the process of filing income tax returns. “So if it wants to make it easier, for heaven’s sake, why not?” But two companies that [...]
wealthwire.com / by Adam English / Monday, February 25th, 2013
No one in their right mind would put legal marijuana dealers on par with cocaine smugglers. Unfortunately, the Internal Revenue Service (IRS) decided it will.
All of the problems are coming from a modification to the tax code back in 1982. Section 280E was [...]
caseyresearch.com / By Chuck Butler / February 19, 2013 1:22pm GMT
Check The Docket For What Happens March 1st.
Good day. And a Tom Terrific Tuesday to you! With yesterday being a holiday, I hope you were able to enjoy a 3-day weekend. President’s Day. Did you go out and buy a new mattress? [...]
The government says that once the Roth is converted, there are no taxes on withdrawals after that. Of course, the gummint is great at the big lie. Anytime in the future the Roth safe harbor could be cancelled. All a president would have to do is pull [...]
financialsense.com / By Mark Nestmann / January 10, 2013
(This is an important update to a posting originally published Nov. 9, 2012).
I’ve written extensively in this blog about the destructive effects of an ill-conceived law championed by President Obama—the Foreign Account Tax Compliance Act of 2010.
Among many other statist provisions, FATCA demands that [...]
armstrongeconomics.com / By Martin Armstrong / January 10th, 2013
It is absolutely IMPERATIVE to understand that what we face is by no means HYPERINFLATION. If you keep thinking that government will somehow just print their way into oblivion, you are going to lose your shirt and pants along with the car and [...]
If you earn more than $1 million a year, you run a 12 times higher chance of behing audited by the IRS than individuals who earn $200,000 and less. Approximately one out of every eight tax filers earning $1 or more were audited in 2011, doubling [...]
America’s growing underground economy — a necessity in the age of Obama.
Barter is as old as human history. According to a story in the Wall Steet Journal, it is yet practiced as a facet of the 21st century global economy. Germany, for example, “sends [...]
americanthinker.com / By By Jeannie DeAngelis / December 30, 2012
Currently, Obamacare is ushering in a new definition of “religious liberty.” So far, the Catholic Church has already received fair warning that when it comes to providing insurance that covers birth control and abortion, there are limits on “religious liberty.” Moreover, they are also finding [...]
New rules will kick in next year enabling workers to put more money into their 401(k)s and individual retirement accounts. The move has been made the Internal Revenue Service in order to keep up with inflation, and means that the annual limit on contributions to [...]
wealthwire.com / By Wealth Wire / December 26, 2012
Oh so quietly, the Obama Administration has removed embarrassing data from the public eye. The Internal Revenue Service (IRS) no longer provides information on tax migration within the U.S. There was no announcement from either the IRS or the Census Bureau, which co-operates in compiling data. [...]
market-ticker.org / By Karl Denninger / December 25, 2012, 17:48
As with all such views, you may need professional tax advice on any of these moves. Your situation is unique — everyone’s is. With that said, here are some things to consider in the closing days of 2012:
dollarvigilante.com / By Wendy McElroy / December 21, 2012
Oh so quietly, the Obama Administration has removed embarrassing data from the public eye. The Internal Revenue Service (IRS) no longer provides information on tax migration within the U.S. There was no announcement from either the IRS or the Census Bureau, which co-operates in compiling data. [...]
dollarvigilante.com / by Wendy McElroy / November 20th, 2012
This holiday season, give the gift of freedom. Include a passport among the gifts you give your children this Christmas. Not an American passport, but one from the several countries that make it easy to acquire residency status even if you do not [...]
foxnews.com / By William La Jeunesse /November 16, 2012
Rancher Kevin Kester works dawn to dusk, drives a 12-year-old pick-up truck and earns less than a typical bureaucrat in Washington D.C., yet the federal government considers him rich enough to pay the estate tax — also known as the “death tax.”
brucekrasting.com / By Bruce Krasting / Wednesday, November 14, 2012
The Wall Street Journal reports this morning that Obama is going to ask for $1.6T in new taxes when he speaks on Friday. The only way that this sized tax increase could be accomplished is if the AMT tax is indexed to inflation and hits [...]
“In my original ideas about the film, the ministry didn’t know whether there were terrorists out there or not because over the years they had so many counter agents and counter-counter agents out there and agent provocateurs who maybe set explosions to lure people in. The people lost track of whether there really were terrorists or not, but the important thing is the belief in terrorists had to be maintained to allow the ministry to continue to survive. Originally the film was called The Ministry. It was really about the survival of an organism like a great bureaucracy that will do anything to keep itself going.." - Terry Gilliam on Brazil
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