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Sunday, August 3, 2008

SOI Releases 2006 State-by-State Income Data

by taxnick on August 3, 2008

The first annual IRS release of tax year 2006 individual income tax return statistics by selected descending cumulative percentiles classified by state is now available. This table shows statistics on income and tax by cumulative percentiles based on numbers of returns filed for each state and the District of Columbia. The information includes distributions of [...]

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Tax Court Grants Widow of Former S.F. Mayor Innocent Spouse Relief

by taxnick on August 3, 2008

The Tax Court on Thursday granted innocent spouse relief to the widow of former San Francisco Mayor  Joseph Alioto.  Alioto v. Commissioner, T.C. Memo. 2008-185 (7/31/08):
As of December 20, 2006, Mrs. Alioto’s balances due for 1995 and 1996 were $153,501 and $1,832,010, respectively. …
Accountants at Kelly & Rossi prepared the couple’s joint tax returns for [...]

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