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Saturday, November 1, 2008

4 Tax Laws You Really Need to Know

by taxnick on November 1, 2008

(1) IRS assessments can be fixed by filing a tax return. Sometimes the IRS will take an educated guess about what your tax liability might be. The IRS will then send you a notice of proposed assessment, or even file a return on your behalf. You can reduce or eliminate the IRS proposed assessments by [...]

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Is a ‘Fair’ Tax in America’s Future?

by taxnick on November 1, 2008

No, there is not a space missing between Fair and Tax. FairTax is how Rep. John Linder (R-Georgia, 7th), sponsor of the Fair Tax Act of 2003 has chosen to market his innovative tax reform legislation.
“Momentum behind the FairTax continues to build,” said Linder. “Not only do my colleagues recognize the harm done to the [...]

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