Relevant and even prescient commentary on news, politics and the economy.

Tax Relief for Victims of Sandy

by Linda Beale Tax Relief for Victims of Sandy The IRS released several bulletins this week providing relief for victims of Hurricane Sandy.IR-2012-83 extends the return filing and tax payment deadline to Feb. 1, 2013 for hurricane¬† victims in Connecticut (Fairfield, Middlesex, New Haven, and New London Counties; the Mashantucket Pequot Tribal Nation and the […]

Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 passes

(Dan here: I am traveling right now and am posting things late or maybe not as tidy as I would like. But posts are coming.) by Linda BealeTax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 passes crossposted with Ataxingmatter No big surprise here.¬† The House on December 16 passed the Senate-approved TRA […]

Knzn gives new definition to "infrastructure"

For those who don’t want to try to read about John McCain’s 2 – 1 = 7 calculations, a couple of interesting links. It’s missing the appropriate equations, so I suspect a few of the simplifying assumptions are skewed, and he doesn’t mention that the industry in question has always been at the forefront of […]

What Fiscal Stimulus needs to look like

Fiscal stimulus? All sorts of numbers being tossed around, not sure where they are coming up with them from. But, if we are looking to drive a consumption based economy, it seems to me we have to get money into the hands of the most consumers on a regular basis. Here is what has to […]