You are currently browsing the articles from inside1031.com written in the month of
I am honored to be included on the list of Accounting Today’s Top 100 Most Influential People for the fourth year in a row. The magazine contains one-sentence explanations of why each of the folks made the list; here is mine: Caron has built the leading tax blog on the…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
The California Commission on the 21st Century Economy has issued its final report, proposing dramatic changes in the state’s tax structure: Reduce Personal Income Tax (PIT) for every taxpayer – Reduce the number of tax brackets from six to two. The new tax rate would be 2.75% for taxable income…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
As one who has difficulty learning my students’ names each year, I may follow the approach Jack Bogdanski (Lewis & Clark) has taken this fall with his Income Tax class: This is an improvement on his prior clothing effort, and I am sure his students are grateful that he covered…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
Wall Street Journal, Falling Tax Revenues Slam States, by Conor Dougherty: State tax revenues in the second quarter plunged 17% from a year earlier as rising unemployment and reduced spending hurt sales- and income-tax collections, according to Census Bureau figures released Tuesday. The decline was the sharpest since at least…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
Walter D. Schwidetzky (Baltimore) has published Integrating Subchapters K and S—Just Do It, 62 Tax Law. 749 (2009). Here is part of the Introduction: The Code contains two “pass-through” tax regimes for business entities. One is contained in Subchapter K, which applies to partnerships, the other in Subchapter S, which,…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
FactCheck.org, RNC Tax Attack Goes Too Far: The Republican National Committee claims in a new Web ad that Democratic health care plans propose taxes on “charities and small businesses. A doctor’s tax. Taxes on your health insurance. Even a tax on medical supplies.” It’s perfectly true, as the ad says,…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
A live webcast is available here of today’s first meeting of the President’s Tax Reform Panel (President’s Economic Recovery Advisory Board (PERAB)) at 12:30 p.m. EST. From Austin Goolsbee: The Administration wanted a report on options for tax reform from an outside group so they asked the PERAB to take…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
Following up on my prior posts (Tax Penalties and the Health-Care Bill; Obama’s Nontax Tax): Wall Street Journal editorial, Rhetorical Tax Evasion: The IRS says it will fine or jail you for not paying Obama’s mandate levy. President Obama’s effort to deny that his mandate to buy insurance is a…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
Following up on last week’s post, The Estate Tax Legislative Battle: forty-six business associations joined in a letter to Congress yesterday, abandoning their goal of repealing the estate and instead offering their support for Senator Kyl’s proposal for a $5 million exemption ($10 million for married couples) and a 35%…
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.
Norman Stein, Douglas Arant Professor of Law at the University of Alabama School of Law, has accepted a tenured position at the Earle Mack School of Law at Drexel University, beginning Fall 2010. Professor Stein has been on the Alabama faculty for 25 years
Written by Paul Caron on September 30th, 2009 with comments disabled.
Read more articles on News.