by Kevin Thompson | May 24, 2013 | Tax Laws
Under pressure from the American Civil Liberties Union (ACLU), the IRS must now seek a warrant before reading any private taxpayer emails. The ACLU reported that it had received information suggesting the IRS believed it had a right to obtain and read the emails of...
by Kevin Thompson | May 8, 2013 | Tax Laws
Even though both Republican and Democrats agree that simplifying the tax structure is imminent, they are both hedging on rolling back the deduction for home mortgage interest. It’s become a sort of sacred cow. Ways and Means committee members see the...
by Kevin Thompson | May 7, 2013 | Tax Laws
Republicans in the House have begun to cut back on their desire to incur hard cuts to retirement programs and are now focusing more on simplifying the tax code which is a more popular topic for taxpayers. They still want to cut spending for Social Security and...
by Kevin Thompson | May 6, 2013 | Tax Laws
Taxpayers and accountants have been fighting to bring about tax reform for years and finally the House and Senate are offering alternatives to streamline and simplify them. Rep Dave Camp from Michigan who is chair of the Ways and Means Committee issued a news...
by Kevin Thompson | Apr 27, 2013 | Tax Laws
The President recently released his proposals for the 2014 budget. To read the entire proposal click here. These proposals include several that will affect estate, gift and generation-skipping. (GST) One would return the estate, gift and GST tax regimes to the 2009...
by Kevin Thompson | Apr 16, 2013 | Tax Laws
Did you know that the IRS could be reading emails you’ve written to your accountant that discuss how to avoid paying taxes? The American Civil Liberties Union has filed a request to find out if the IRS is reading your emails without a warrant. The IRS...
