Taxes After Death: Tax Fraud Using Old Social Security Numbers

social security fraud and taxesWhen we think of tax fraud, often our minds jump to activities like under-reporting income and overstating deductions and credits. Sometimes, we also consider fraudulent actions like identity theft. Many scam artists use others’ Social Security numbers to claim their refunds. However, another form of tax […]

Small Business Owners Want Tax Reform

small business tax reformWhen it comes to the push and pull around taxes, many feel as though small businesses get left out. Small business owners are among the first to
tell you that they aren’t usually considered when lawmakers create tax policy. The 2015 Small Business Attitudes on Taxes survey was recently
released by […]

Is the Jobs Payoff Worth the Tax Cuts?

tax cuts may hurt state programsEven though 2016 is still months away, the campaign has begun in earnest. As a result, it’s time to look for politicians to start talking about taxes, trying to convince us that their plans are the best plans.

One of the common assertions […]

Pass Through Businesses Complicate Corporate Tax Reform

corporate tax reformI have a business. It’s registered as a Limited Liability Company (LLC), and is considered a “pass-through” business. This means that my LLC doesn’t pay taxes in the corporate system. Instead, the profits pass through the business and are reported on the joint tax return filed by my […]

January 28th, 2015|Uncategorized|0 Comments

Gas Tax Tied to Prices Cause Revenue Problems

gas-revenues-fall-with-gas-priceStates try many schemes when it comes to raising revenue through taxes. Back when it seemed as though oil prices would keep rising — and bring gas prices up with them — some states decided to tie gas taxes to price. Kentucky is a state that ties gas taxes to the price […]

January 19th, 2015|Uncategorized|0 Comments