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What to Do About a Wealth Tax
By Dr. James M. Dahle, WCI Founder I’ve written elsewhere about all of the possible ways to deal with wealth inequality and its problems. I put a wealth tax pretty far down that list. Nevertheless, it is becoming a more and more popular idea. In 2023, legislatures in eight states (California, Connecticut, Hawaii, Illinois, Maryland, Minnesota, New York, and Washington) have introduced wealth tax bills. One of the biggest problems with a wealth tax is that it will be difficult and expensive to administer and to comply with fairly. It also feels punitive and makes you wonder whether the goal is to fund the government and improve everyone’s standard of…
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Walmart settles with 2 Maine towns after losing tax appeals
After contesting the tax costs for a few of its retailers in Maine, Walmart has lost two appeals to the state and settled with Ellsworth and Falmouth. The firm settled with the two municipalities subsequent a written final decision by the state Board of Property Tax Assessment issued in December siding with the metropolis of Brewer. The board determined that condition legislation barred the retailer from contesting its tax bill. That exact same thirty day period, the board ruled from Walmart in a tax dispute in excess of its tax bill in Thomaston. Right after contesting the tax expenditures for a few of its retailers in Maine, Walmart has missing…
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LoCO SAYS: Please Tell County Government to Stop Giving Your Tax Dollars to Our Lawyer | Lost Coast Outpost
The other working day Sheriff Billy Honsal stood up prior to the Board of Supervisors and gave board customers one thing of a scolding. The topic was an impending budget shortfall. His department stood at risk. There had been some chat in the air of allocating some resort tax revenue to the arts and to neighborhood theater, as the county experienced hinted it would do in its ballot measure past summer time, and no matter if or not that was what brought on him Honsal desired to throw some ice drinking water on the proceedings. “I do not truly feel the desperation that you all ought to be exhibiting below,”…
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Tax lawyer who brought down Nadhim Zahawi says ex-Labour chairman also has questions to answer
A previous Labour Occasion chairman was questioned by the tax authorities immediately after he acquired nearly £140,000 in payments and penned-off loans from his trade union. Ian Lavery, the MP for Wansbeck in Northumberland, advised i an HMRC enquiry into his tax affairs uncovered there was “no more evaluation necessary” but he declined to reply repeated questions on whether he had declared all his payments and financial loans from the Northumberland Countrywide Union of Mineworkers (NUM). Mr Lavery, who led the smaller department of the NUM just before getting an MP, benefited from these arrangements in between 2007 to 2013. Dan Neidle, the tax attorney who received lawful threats right…
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Behind the Bio | Jason Lisi and His Path from Tax Attorney to Tech Entrepreneur | Legal Internet Solutions Inc.
LISI’s Founder, Jason Lisi, joins host Julie Owsik Ackerman, writer/storyteller/lawyer, for the first episode of our new series, Behind the Bio. Each month, Julie will interview a different lawyer to explore the many directions one can take after law school and learn more about the turning points that shaped these notable careers. In this episode, Julie and Jason discuss leaving his tax law practice and turning his passion for computers and the internet (still in their infancy) into a thriving tech company that continues to serve the legal profession 25 years later. [embedded content] Julie: Hi, welcome everybody. My name is Julie Owsik Ackerman, I am the communications manager and…
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How To Deal With A Cryptocurrency Tax Audit: Guidance From A Canadian Tax Lawyer – Tax Authorities

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 The Canada Income Company (CRA) is expanding its scrutiny of
 cryptocurrency tax returns A lot of tax companies and regulatory bodies about the environment have
 increasingly concentrated on cryptocurrency traders for the past a number of
 several years, in unique the IRS and the CRA. Just one obstacle a tax
 agency typically faces is the nameless mother nature of the cryptocurrency
 transactions, which tends to make it distinctive to detect the taxpayers
 for a Canada crypto tax audit. In 2016, IRS submitted a
 generic request known as the “John Doe” summons on…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/UAT4JHOAGFOYRNWIVSE4Y7KQCE.jpg?w=500&resize=500,330&ssl=1 "Trump’s company kicks off defense case in criminal tax fraud trial")
/cloudfront-us-east-1.images.arcpublishing.com/tgam/LHX6VL6TARHVXGEC2NG5WCKSIY.JPG?w=500&resize=500,330&ssl=1 "Shrinkflation deals a surprise ice cream tax to consumers")
