Comments on Kagen Confirmation Hearings
Posted on July 1st, 2010 by bunilaw
This comment is related to constitutional law rather than tax. However, constitutional law underlies all areas of law, including tax law.
On Tuesday June 29, Senator Grassley quoted roughly from the Declaration of Independence to the effect that we are all endowed by a creator with certain rights. He also quoted from a Supreme Court case [...]
Can U.S. President’s Salary Be Taxed by States?
Posted on May 19th, 2010 by bunilaw
The Times published an interesting article that suggested President Obama’s salary could be taxed by states where he did official business in 2009. However, the President’s salary is probably exempt from taxation by the states.
In 1819, McCulloch v. Maryland began a long line of Supreme Court cases that established broad principles of federal immunity from [...]
Wall Street Journal Misleading about Tuition Deduction Case
Posted on January 13th, 2010 by bunilaw
A Wall Street Journal article by Laura Saunders misleads taxpayers into thinking that a recent tax court case makes it easier to deduct the cost of an MBA.
The article, Nurse Outduels IRS over MBA Tuition, appeared in the January 9, 2010 education section. Ms. Saunders opens by reporting that the taxpayer got a ruling “that [...]
Off-shore Accounts Deadline for IRS Disclosure Approaching Fast
Posted on September 9th, 2009 by bunilaw
If you have offshore accounts and have failed to report income, time is running out for you to make a voluntary disclosure. IRS Commissioner Douglass Shulman has made it clear that he wants Taxpayers to voluntarily disclose assets that have generated unreported income. Taxpayers who do that promptly can avoid criminal prosecution and greatly reduce penalties.
A Closer Look at Congressman Rangel’s Tax Problems
Posted on September 9th, 2009 by bunilaw
Washington tax scandals: Part I of V. Congressman Charles Rangel, Chairman of the House Committee on Ways and Means.
Still to follow: Part II, Timothy Geitner. Part III, Tom Daschle. Part IV, Nancy Killifer. Part V, Sarah Palin.