Browsing All posts tagged under »Tax«

Congress Avoids Fiscal Cliff And Passes First Major Tax Increase in Almost Twenty Years

January 3, 2013

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Early Tuesday morning, the U.S.  Senate passed a bill aimed at averting spending cuts and tax increases that comprised the dreaded “fiscal cliff.”  House Republicans were extremely critical of the bill for not including enough spending cuts.  However, the House approved the bi-partisan legislation under the extreme pressure of trying to avoid the fiscal cliff […]

IRS Issues Publication on Frivolous Tax Arguments

April 8, 2010

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As Benjamin Franklin famously stated, there are only two certainties in life – death and taxes. And most of us are willing to try whatever means are necessary to avoid them both. In preparation for this year’s April 15 tax deadline, the IRS released the newest version of its annual document, The Truth About Frivolous […]