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Monthly Archive:: October 2021

Third Time is the Charm for CDP Case

TweetShareSharePin0 Shares In Dodd v. Commissioner, T.C. Memo 2021-118, the Tax Court decides the merits of petitioner’s case, having twice remanded the case previously.  In the end, Ms. Dodd lost the merits of her case and owes a large tax liability.  The case shows what happens when the IRS fails to properly conduct the Collection

Business Shoot

TweetShareSharePin0 Shares Young 25 year old business woman Posted by DakotaCHarris on 2017-07-25 03:13:12 Tagged: , portrait , business , woman TweetShareSharePin0 Shares

Youth

TweetShareSharePin0 Shares Another photo with Psycotic. This is us in our true form! Hahaha! What if What if we start to drive What if What if we close our eyes What if We’re speeding through red lights into paradise ‘Cause we’ve no time for getting old Mortal bodies, timeless souls Cross your fingers, here we

technology

TweetShareSharePin0 Shares A gadget is a small tool such as a machine that has a particular function, but is often thought of as a novelty. Gadgets are sometimes referred to as gizmos. Read more on therandomgadgetshop.com Posted by hyacinthblackwell on 2013-10-25 09:36:11 Tagged: , gadget , emerging , technologies , gadgets , shop TweetShareSharePin0 Shares

Income Tax

TweetShareSharePin0 Shares Income Tax Credit www.gotcredit.com with an active link required. Image is free for usage on websites (even websites with ads) if you credit www.gotcredit.com with an active link. Posted by Got Credit on 2016-10-14 14:55:41 Tagged: , income tax , tax , income TweetShareSharePin0 Shares

SSA provides 2022 tax wage base, benefit COLA

TweetShareSharePin0 Shares The maximum amount of an individual’s taxable earnings in 2022 subject to Social Security tax will be $147,000, the Social Security Administration (SSA) announced Wednesday. An increase from $142,800 for 2021, the wage base limit applies to earnings subject to the tax, known officially as the old age, survivors, and disability insurance (OASDI) tax.

Taxes in House Plan Emphasizes Need For It

TweetShareSharePin0 Shares Under the House Ways and Means plan to raise taxes on corporations and individuals, the integrated tax rate on corporate income would increase from 47.4 percent to 56.6 percent—the third highest in the OECD. To reduce this burden, policymakers could explore integrating the individual and corporate tax systems. Several developed countries have done

Business Shoot

TweetShareSharePin0 Shares Young 25 year old business woman Posted by DakotaCHarris on 2017-07-25 03:13:20 Tagged: , portrait , business , woman TweetShareSharePin0 Shares

youth

TweetShareSharePin0 Shares Posted by RegiCardoso on 2015-10-18 07:07:36 Tagged: , youth , girl , woman , women , retrato , portrait TweetShareSharePin0 Shares

Failure to Timely Raise Financial Disability Argument

TweetShareSharePin0 Shares We have written on several occasions about the exception to the two and three-year lookback periods of IRC 6511 that exist as a possibility if the taxpayer can show financial disability.  You can find posts on the subject here, here and here.  This year my clinic represented someone making the financial disability argument
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