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TAX FACTS

For Once, Tax Info In Plain English

Thursday, July 17, 2008

Tax Facts WEEKLY ROUNDUP

There's some good stuff here this week. Check it out!!

Scandalous

Tax Whores: Ruining the Neighborhood

Porn Tax Unconstitutional?

More Identity Theft Woes: Don't Put You Social Security On A Billboard, You Id%@T


Great Tax Tips & Issues

Ways to Lower Your Adjusted Gross Income

How Many Back Tax Returns Must I File?

Mary Kay: Hobby, Trade, or Business?
(If you like this one, check out our post on eBay!)

Posted by The Good Tax Helper at 11:32 PM  

Labels: Weekly Roundup

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    TAX TERM OF THE WEEK

    Abatement of Penalties-An abatement of penalties is a request to the IRS to remove certain penalties that were added to the taxpayer's account for a particular year or multiple years. The taxpayer is required to have reasonable cause that is specific for each year when submitting this request and must be able to explain why this reason should grant the penalties to be removed from their account.

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