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July 2015 Archives

Do all IRS tax notices or letters require a response?

For any readers that doubt whether the Internal Revenue Service utilizes aggressive collection tactics, a webpage from the IRS' website is informative. Although entitled as a factual overview of the collection due process service, the information is not entirely neutral. Specifically, one paragraph encourages taxpayers to pay the disputed tax amount in full before requesting a refund.

Minnesota found good for business in spite of taxes

Taxes and other "structural" aspects of a state's economy often receive great attention. For one, they are easy to identify and the arithmetic is grade school level. High taxes are seen as a negative and low taxes are a positive. But if you have to run a business, you know that taxes are simply one of many factors in how well your business may function.

A court decision that makes taxes simpler

The enormous legal battle that finally reached a resolution in the U.S. Supreme Court concerning same-sex marriage belies the importance the nation places on the institution of marriage. In spite of changes in societal mores, which have become much more permissive of divorce, an examination of marriage and its effects on couple's finances demonstrates it is still important.

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