The Tax Attic

When is Tax Freedom Day? What a difference a year makes. No, I’m not talking about April 15. That day comes hell or high water, or maybe hell AND high water is the more appropriate way of stating it. I’m talking baseball in general and Detroit Tigers baseball in particular. I’m one of those lifelong Detroit […]

The TAX ATTIC

Reasons to file The end of the 2009 tax filing season is coming up quickly. The majority of all tax returns are completed and either mailed in or e-filed. However, there are still several million, perhaps up to 20 million, taxpayers who are going to file an extension. There are actually some very legitimate reasons […]

The Tax Attic

Answers to two more frequently asked questions I had some good comments on last week’s article concerning the most common questions that tax professionals ask of the research company I deal with the National Association of Tax Professionals (NATP). It doesn’t matter how experienced the tax professional is, how long he or she has been […]

Six frequently asked questions answered

The Community Expo, one of my favorite events of the year, occurred last Saturday at Rockford’s senior high school. This was the fifth annual expo as sponsored by the Chamber of Commerce. We have Carl Shook, past executive director of the Chamber, to thank for our expo. Six or seven years ago, he first proposed […]

Schemes Promise Bigger Refunds

The old adage stating that if something is too good to be true, it probably is too good to be true really applies today. We have seen the headlines about the losses incurred by the people who invested with Bernie Madoff. Many of those people were millionaires, with “were” being the operative word of the […]