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Monthly Archive:: February 2022

No Impact on New England Sales

TweetShareSharePin0 Shares Earlier this month, JAMA Internal Medicine published a study about the impact of banning flavored tobacco products in Massachusetts. The study found, not surprisingly, that the sale of flavored tobacco decreased following the ban. By comparing sales in Massachusetts with sales across 27 other states, the authors observed that sales had decreased more

DAWSON Continues to Evolve

TweetShareSharePin0 Shares In a press release earlier this week, the Tax Court announced new features had been added to DAWSON. Since its introduction over a year ago, the Court has stated that the initial rollout in December 2020 was a first step and not the last step. This announcement discusses new features coming online. The announcement is copied

Attorneys Behaving Badly

TweetShareSharePin0 Shares A Tax Court press release noting suspensions and disbarment came out on the heels of the 9th Circuit sustaining the conviction of a former IRS Chief Counsel attorney for tax evasion.  Like a moth drawn to a candle, I could not resist reading about these situations.  The criminal case raises a statute of

National Debt Hits A High, States Advance More Tax Cuts

TweetShareSharePin0 Shares The national debt surpasses $30 trillion. Treasury reports the public debt  now exceeds a record $30 trillion. The Peter G. Peterson Foundation notes that under current law, interest costs will top $5 trillion over the next 10 years and consume nearly half of all federal revenue by 2051.  Some optimism on a spending deal.

2022 Sales Taxes: State and Local Sales Tax Rates

TweetShareSharePin0 Shares Key Findings Forty-five states and the District of Columbia collect statewide sales taxes. Local sales taxes are collected in 38 states. In some cases, they can rival or even exceed state rates. The five states with the highest average combined state and local sales tax rates are Louisiana (9.55 percent), Tennessee (9.547 percent),

Disruptive Technology

TweetShareSharePin0 Shares This week we sold off our old iPhones, MiniDV Camcorder and Kindle. We are also going to hawk our 12MP still camera. Why would we get rid of all this stuff? Our new phones (iPhone 4s) have proven to be a disruptive technology. We no longer need special devices for each task. We

tax-debt-4

TweetShareSharePin0 Shares #TaxDebt is not a pleasant thing to anyone. Owing the #IRS money is a harmful practice, and it can lead you to some serious kind of troubles. We have several individuals and businesses failing just because of their incapacity of paying the #tax #liabilities on time. goo.gl/CjFMQH Posted by Tax Debt on 2016-07-24

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