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Blogger Profile


Kay Bell

Blog Info

Name:
Don't Mess With Taxes
Category:
General Finance
Tags:
Taxes, Politics
Start Year:
2005

Blogger Bio

Net worth:
$2,000,000.00
Location:
Austin, Texas, United States
Age:
60+
Race:
White
Gender:
Female
Life stage:
RETIRED
Profession:
Writer
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Latest Blog Posts

It seems a bit too little, too late, but the Internal Revenue Service is continuing its efforts to make it harder for identity thieves to get their hands on our tax documents. The IRS this week (Sept. 20) published a notice on its proposed regulations that would allow issuers of W-2 forms to truncate the recipients' Social Security numbers. The idea is that even if criminals get their hands on the ...
Posted: Sep 21 2017 @ 3:48 PM
If compassion fatigue hadn't set in after the back-to-back-to-back hurricanes that roared across the Atlantic, laying waste to much of Texas, Florida, Georgia and many Caribbean islands, it probably did when Mexico got rocked within two weeks by two massive and deadly earthquakes. A group of American tourists were literally rocked when their Sept. 19 Mexico boat ride was interrupted by a 7.1 magnitude earthquake. Click image to watch full YouTube ...
Posted: Sep 20 2017 @ 6:36 PM
Hurricane Irma got most attention when she threatened and eventually made landfall in Florida. Her destructive effects, however, were felt beyond the Sunshine State. History of Hurricane #Irma: 1 September 2017 - 10 September 2017 #GOES16 pic.twitter.com/Z53paEmpIY — NASA SPoRT (@NASA_SPoRT) September 11, 2017 That's why today the Internal Revenue Service announced that all of Georgia, which took its own hard hits as Irma moved across the Georgia-Florida border, is now eligible for disaster ...
Posted: Sep 19 2017 @ 1:23 PM
Have a problem with the Internal Revenue Service that you just can't solve?  The Taxpayer Advocate Service (TAS) might be able to help. And for some folks, that help will be in person. Generally, TAS can assist taxpayers — at no cost — if: Your problem is causing financial difficulties for you, your family or your business. You or your business are facing an immediate threat of adverse action. You've tried repeatedly to contact the ...
Posted: Sep 18 2017 @ 12:08 PM
Online is the preferred purchasing method for millions. That's why states are looking at law changes, and court rulings, that let them get their sales tax share from shoppers. (Photo by Keith Williamson via Flickr Creative Commons) I'm not a big shopper in real life. But drop a catalog in my lap and I can find a dozen things I'd love to buy. In fact, I'm checking my porch multiple times ...
Posted: Sep 17 2017 @ 2:50 PM
One of the major drivers of the latest federal tax reform effort is the corporate tax rate. The Trump Administration is still pushing for a 15 percent corporate tax rate, the White House's budget director, Mick Mulvaney, told CNBC last week. However, just the day before Treasury Secretary Steven Mnuchin conceded a 15 percent rate would be difficult to attain. Meanwhile, one Washington, D.C.-based tax policy group has looked at how much corporate ...
Posted: Sep 16 2017 @ 2:14 PM
I know it's peak Atlantic hurricane season, but this has to stop. If only my pleas were that powerful. Instead, all I can do is let you know that Jose, who's been meandering the Atlantic for weeks, has reformed and is back at hurricane force. That's Hurricane Jose, due east of Florida and the Bahamas, but those spots are OK. He's heading northwest, meaning others on the eastern U.S. coast could face ...
Posted: Sep 15 2017 @ 6:34 PM
Bitcoin continues to confound financial and tax officials worldwide. BTC China, the country's first and largest digital currency exchange, announced Thursday, Sept. 14, that would stop trading by the end of the month. One reason apparently is the Chinese government ban instituted days earlier of fund-raising for new digital currencies. Although China embraced Bitcoin trading, the virtual currency's growth has increasingly worried the nation's regulators. One of the concerns was tax evasion. "Because it ...
Posted: Sep 15 2017 @ 2:53 PM
Donald J. Trump is Tweeting about tax reform. He's also holding bipartisan dinners at the White House to talk taxes. West Virginia Democratic Sen. Joe Manchin was pleased steak was on the menu. The White House website has a video explaining how the tax code is broken. House Speaker Paul Ryan says Congressional Republican's tax reform plan outline will be released in a couple of weeks. Meanwhile, pundits have been honing their prognostication skills, ...
Posted: Sep 14 2017 @ 2:29 PM
Texas Rep. Kevin Brady, left, accepts a truckload of help from his New York colleague Rep. Tom Suozzi to help Hurricane Harvey victims. Now Brady wants to offer more help via special tax relief for retirement account withdrawals. (Photo from Rep. Brady via Facebook) Here's a clear indication that tax reform isn't going to be as easy as many hope. Talk of tax reform has focused variously on tax rate cuts, deduction ...
Posted: Sep 13 2017 @ 6:38 PM

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