This is FairTaxForum's Typepad Profile.
Join Typepad and start following FairTaxForum's activity
FairTaxForum
The FairTax Plan completely abolishes Federal taxes
Recent Activity
Examples of FIN 48 Disclosures
This Tax Director Roundtable document provides the latest examples of FIN 48 disclosures from February 2007. Companies will find these useful in their 10-K and 10-Q filing preparations. Source: http://tax.finance.toolbox.com/research/examples-of-fin-48-disclosures-10373 tax fairtax forum fairtaxforum alternative minimum tax Continue reading
Posted Oct 24, 2011 at FairTaxForum's blog
Comment
0
Desperately Seeking Revenue
In August 2009, the Congressional Budget Office (CBO, 2009) projected that the federal budget deficit would total $7.1 trillion over the 2010-2019 decade-under current law. That outcome would require the 2001 and 2003 tax cuts to sunset as scheduled in 2011 and Congress to stop "patching" the alternative minimum tax... Continue reading
Posted Oct 24, 2011 at FairTaxForum's blog
Comment
0
PHFA Announces Conditional Awards for 2011 Funding and Low-Income Housing Tax Credits
The Pennsylvania Housing Finance Agency (PHFA) announced the Conditional Awards for 2011 PHFA Funding and Low-Income Housing Tax Credits. Source: http://networking.ittoolbox.com/r/rss.asp?url=http://finance.toolbox.com/blogs/affordable-housing-gurus/phfa-announces-conditional-awards-for-2011-funding-and-lowincome-housing-tax-credits-47338 tax news Continue reading
Posted Oct 24, 2011 at FairTaxForum's blog
Comment
0
Deducting Costs of Health Improvement Programs
"Exercise and weight-reduction programs are deductible as treatments for specific conditions, but not as ways to improve your general health, even if your doctor has recommended them." Source: http://www.taxact.com/tax-tips/index.asp?tid=2455 tax tips for joint home ownership free turbo tax tax calculator tax refunds Continue reading
Posted Oct 24, 2011 at FairTaxForum's blog
Comment
0
Distributional Effects of Tax Expenditures
The largest tax preferences for housing, health care, and retirement saving reduce federal revenues by about 3 percent of GDP. They raise after-tax income proportionally more for higher income groups than lower income groups, but raise income proportionately less for those at the very top. The net distributional effects depend... Continue reading
Posted Oct 24, 2011 at FairTaxForum's blog
Comment
0
Expanding the EITC to Help More Low-Wage Workers
The case for expanding the EITC for workers without qualifying children is compelling, as the current EITC provides little help to this group. We argue that the EITC for these workers should: - provide these workers with a strong incentive to increase work effort; - provide a significant subsidy to... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Dj Vu All Over Again : On the Dismal Prospects for the Federal Budget
We provide new estimates of the federal budget outlook over 10-year and long-term horizons under three sets of assumptions: the Congressional Budget Office baseline, which assumes no changes in current law; an extended policy scenario, in which it is assumed that future Congresses act more or less like previous Congresses... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
"The American Recovery and Reinvestment Tax Act of 2009" Conference Agreement
2009 distribution tables for the "American Recovery and Reinvestment Tax Act" by cash income level and percentile. Proposal includes the Making Work Pay Credit, expansion of the earned income tax credit, expansion of the refundability of the child tax credit, the American Opportunity Tax Credit, exclusion of unemployment benefits from... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Corporate Tax Audit - Manufacturing Company
This brief by the Tax Director Roundtable is an example bulletin to provide recommended procedures and guidelines for dealing with audits conducted by taxing authorities. Source: http://tax.finance.toolbox.com/research/corporate-tax-audit-manufacturing-company-10354 federal tax tables how can i estimate my taxes quickly online tax extension sales tax audit Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Long-Term Care Needs and the Government Response (Part 1 of 3)
This column by Senior Fellow Eugene Steuerle is the first in a series examining key questions about the president's proposal to deal with long-term care through the tax code. The focus will be less on the specific details of that particular proposal than with the type of analysis required to... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Does Your Business Have a Seat at the Table?
Here are 10 signs that you need to give your business a seat at the table Source: http://networking.ittoolbox.com/r/rss.asp?url=http://finance.toolbox.com/blogs/ustaxaid-for-business/does-your-business-have-a-seat-at-the-table-47434 where is my tax refund tax free shopping california franchise tax board state tax refund status Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Replace Employer Sponsored Health Insurance Income Tax Exclusion with Tax Credit
Distributional and revenue tables concerning the replacement of ESI with tax credits. This set of estimates consists of the following related tables: (T09-0262) Replace Employer Sponsored Health Insurance Income and Payroll Tax Exclusion, with Non-refundable Credit Credit Indexed by the Average Growth of CPI and Medical Expenses Distribution of Federal... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals
Distribution tables of the surcharge on high income individuals included in the proposed legislation and the distribution of small businesses by modified agi using surcharge thresholds. This set of estimates consists of the following related tables: (T09-0347) America's Affordable Health Choices Act of 2009 Surcharge on High Income Individuals, Baseline:... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Impact of President-elect Barack Obama's Tax Plan on Representative Families
Tables of the change in tax liability for representative single and head of household families, married filing jointly families, and elderly families This set of estimates consists of the following related tables: (T08-0274) Change in Tax Liability Under President-elect Obama's Tax Plan: Advisors' Version for Representative Nonelderly Single and Head... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Effective Marginal Tax Rates
Set of distribution tables regarding the effective marginal tax rate under 2009 current law. This set of estimates consists of the following related tables: (T09-0413) Average Effective Marginal Tax Rate (Percent), 2009 (T09-0414) Percentage of Tax Filers with Effective Marginal Tax Rate Less than, Equal to, or Greater than Statutory... Continue reading
Posted Oct 23, 2011 at FairTaxForum's blog
Comment
0
Social Security for Yesterday's Family?
Social Security was designed in the late 1930s, a time when a married male worker and a stay-at-home wife were considered the norm. Is it too late to bring Social Security in sync with contemporary family life? Not at all. Besides reaching financial balance and increasing saving, reform should have... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Tax Units with Zero or Negative Income Tax Liability
Distribution and descriptive tables of tax units with zero or negative tax liability under current law, the Administration's baseline, and the Administration's budget proposal This set of estimates consists of the following related tables: (T09-0333) Tax Units With Zero or Negative Tax Liability, 2009-2019 (T09-0334) Distribution of Tax Units with... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Distributional Effects of Tax Expenditures
The largest tax preferences for housing, health care, and retirement saving reduce federal revenues by about 3 percent of GDP. They raise after-tax income proportionally more for higher income groups than lower income groups, but raise income proportionately less for those at the very top. The net distributional effects depend... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Five Lessons from the 1986 Tax Reform Act
October 22 is the 25th anniversary of the landmark Tax Reform Act of 1986. For those of us who still remember that remarkable event, it is a time to reminisce. But with tax reform back on the policy agenda, it may also be useful to consider some important lessons of... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Lessons Unlearned? Who Pays for the Next Financial Collapse?
It's an old story. Come a financial collapse, somebody's got to pay to get the nation's financial house back in order. While many on Wall Street made millions losing money for their companies, every young American is now saddled with tens of thousands of dollars of additional government debt. While... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Risk-Based Documentation Guidelines
This Tax Director Roundtable report is a study of risk-based documentation. This is a study of a company which maps all intercompany transactions and conducts a risk assessment to identify those most likely to attract scrutiny. ... Source: http://tax.finance.toolbox.com/research/riskbased-documentation-guidelines-10422 consumption tax consumption based tax tax news flat tax Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Who Pays No Income Tax?
Nearly half of all tax units will pay no income tax in 2009. The fraction of non-taxpayers differs widely, depending on income, tax filing status, and whether the unit is elderly or contains children. Source: http://www.taxpolicycenter.org/publications/url.cfm?id=1001289&RSSFeed=Urban-Brookings_Tax_Policy_Center.xml tax relief taxpolicy turbo tax tax tips Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Distribution of Extending 2001 and 2003 tax cuts (in 2012)
2012 distribution tables of extending the 2001-2003 tax cuts, by cash income level and percentile. This set of estimates consists of the following related tables: (T10-0215) Extend the 2001 and 2003 Tax Cuts and Permanently Extend AMT Patch; Baseline: Current Law; Distribution of Federal Tax Change by Cash Income Level,... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
Do We Need a Value-Added Tax to Solve Our Long-Run Budget Problems?
The U.S. budget is on an unsustainable path. That is because Social Security, Medicare, and Medicaid, which together constituted almost one half of noninterest spending before the recent stimulus plan, are all growing faster than tax revenues. If these programs are not reformed, tax burdens raised, or other spending decimated,... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
2008 AMT Patch Legislation
Distribution tables for legislative proposals relating to an AMT patch in 2008. This set of estimates consists of the following related tables: (T08-0132) Extension of AMT Patch in H.R. 6275 As Scheduled for Markup on June 18, 2008, Distribution of Federal Tax Change by Cash Income Level, 2008 (T08-0133) Extension... Continue reading
Posted Oct 22, 2011 at FairTaxForum's blog
Comment
0
More...
Subscribe to FairTaxForum’s Recent Activity
0 Favorites
Blogs and Sites
Around The Web