Blog Detail
The Tax Lawyer's Blog
http://blog.pappastax.com
Daily articles on tax developments, tax planning strategies, IRS negotiations and tax problem resolution from an Orlando and Tampa based Tax Lawyer and CPA
Recent Posts
11 Ayn Rand Quotes
More than 50 years ago Ayn Rand - rabid capitalist, best selling novelist and founder of the school of objectivism – said that America was on the verge of communist-style socialism: We are fast approaching the stage of the ultimate inversion:...
IRS Seeks Disclosure of Names of Allen Stanford’s Offshore Investors
Bloomberg.com reports that the IRS is seeking disclosure of the names of Americans who held offshore bank accounts with indicted financier R. Allen Stanford: The IRS seeks documents to identify U.S. residents who as Stanford Group Co. clients used of...
Marginal Tax Rates 1913 – 2003
Tax year Top marginal tax rate (%) Top marginal tax rate (%) on earned income, if different Taxable income over– 1913 7 500,000 1914 7 500,000 1915 7 500,000 1916 15 2,000,000 1917 67 2,000,000 1918 77 1,000,000 ...
17 Million Americans Keep Their Money Under Their Mattress
David Ellis of CNN.Money reports that the FDIC has published a study that says, [A]pproximately 7.7% of all U.S. households, or 17 million Americans, were considered “unbanked,” meaning they did not have any sort of a checking or savings ...
Tax on Stock Trades: The Hits Keep on Coming
“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.” - Winston Churchill - David Goldman of CNN.Money tells us of yet another way Democrats have take property ...
Geithner Penalty Waiver Act of 2009
From the TaxProf, Paul Caron: Congressmen John Carter (R-TX) and Lynn Westmoreland (R-GA) yesterday introduced the Geithner Penalty Waiver Act, requiring that the IRS assess the same penalty against U.S. taxpayers that came forward in the UBS tax fr...

