Ever dreamed of telling the taxman what he can do with itemized deductions? Here’s your chance.
The Internal Revenue Service is looking for volunteers from Tennessee – and several other states – willing to serve on a federal advisory committee that will recommend ways to improve IRS service.
Volunteers must be willing to commit up to 500 hours during the year and pass an FBI criminal background check. And, committee members must be current on their federal taxes. The deadline to apply is April 27.
Missed opportunities can haunt us all of our lives. Tennessee Gov. Bill Haslam had one of those moments yesterday.
Haslam had a chance Tuesday to come out in favor of legislation that would require Amazon.com to collect state sales taxes on Tennessee purchases after it opens a pair fullfillment centers near Chattanooga.
A survey released by this week by the National Endowment for Financial Education offers some interesting insights into how different taxpayers handle their tax refund.
Folks who deliberately have more withheld from their pay in order to get a larger refund are, not surprisingly, a conservative bunch — 49 percent plan to pay down debt and 44 percent plan to salt it away.
In a rare display of cooperation and good sense, five small counties in northwest Tennessee and southwest Kentucky have formed an alliance to work on economic development.
The Ken-Tenn Regional Alliance, which represents Obion, Weakley and Lake counties in Tennessee and Fulton and Hickman counties in Kentucky, operates at the other end of the state, but East Tennessee economic develoment officials would do well to pay close attention to the group’s efforts.
Working across county and state lines presents certain political hurdles, but joint ventures can serve taxpayers well if local officials are sincere in their efforts to cooperate.
It looks like the cost of avoiding another Great Depression will be about $51 billion — a lot less than originally thought. Turn off the TV, sit in a quiet corner and think about that for a minute.
The Troubled Asset Relief Program cost taxpayers a lot of money, but it was a cheap price for avoiding bread lines and 25 percent unemployment. It’s a price every taxpayer should be thankful for, but many are too angry to be thankful.
Treasury Secretary Timothy Geithner has made a lot of headlines during the administration’s first year.
Today was no exception.
In an interview today he said it was “deeply unfair” that many Americans are still suffering while some companies are stronger than even after being bailed out by taxpapers. He understands why many Americans are hacked off.