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tax compliance

The Continued Cost of Tax Compliance

April 2, 2009 by Jeff Cornwall with 156 views

I show my students a rather dated video from A&E called "IRS Horror Stories." It recounts the Senate hearings about a decade ago that looked into IRS abuses of tax payers.  Many of the examples used in the documentary were small business owners. While the video gets their attention, inevitably a student will say, "But... [read more]

Flat is Not Simple, At Least Not with Taxes

May 19, 2008 by James Maule with 40 views

Last week, during a conversation among a group of people at the gym about taxes, someone turned to me and said, "OK, expert, wouldn't the flat tax solve all these problems?" My answer came in a sentence as short as I can make one. "No," I replied. "Why not?" was the rejoinder.Why does a flat tax not make tax simple? A flat tax, that is... [read more]

Going the Wrong Way

April 18, 2008 by Jeff Cornwall with 58 views

From the testimony of the Tax Foundation's Vice President for Economic Policy Robert J. Carroll before the Senate Finance Committee this week: ...[F]undamental tax reform has the potential to reduce the compliance burdens imposed on both households and businesses, and at the same time create an environment for greater economic growth in... [read more]

IRS targets four more frivolous arguments against paying taxes

January 14, 2008 by Kay Bell with 64 views

The IRS apparently thinks all the attention generated by actor Wesley Snipes' tax evasion trial (blogged here) makes today prime time to get out the word on frivolous tax claims. The agency has issued a notice listing four more erroneous tax-avoidance legal positions that taxpayers should not try at home or their accountant's offices... [read more]

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