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Illegal Immigrants Pay More Taxes Than Many Top U.S. Corporations

by Len Hart, The Existentialist Cowboy

If ‘corporations’ are people, then why are they NOT paying their fair shaire of taxes? Some pay very little! Some pay no taxes at all! The tax burden has, in fact, fallen upon REAL people and that –in itself –proves the LIE to the SCOTUS decision known, […]

Economic Stimulus 2008; Beware of Promised Fast Refunds

The Recovery Rebate Credit is a one-time benefit for people who didn’t receive their full Economic Stimulus Payment in 2008 and whose circumstances may have changed for 2009, making them eligible now for some or all of the unpaid 2008 portion.

Your Recovery Rebate Credit will be included as part of your refund, […]

Refund Anticipation Loans, Rapid Refunds, Sleazy Tax Preparers

The sleaziest thing a tax preparer can do is sell you a “fast refund”, “two or three day refund”, “instant refund”, “EZ-Money or “Rapid Refund”. They are selling you a BANK LOAN at an extraordinary percentage rate PLUS the fee for preparation. Witness the poor person who had a $50.00 refund and was […]

UPDATE: Economic Stimulus Check Glitch

The IRS has announced a “glitch in the economic stimulus payment schedule for taxpayers using H&R Block and other services. As discussed in the comments of a previous post, BossKitty and I have discussed this for a few weeks, now the IRS has made an official announcment.

UPDATE:

Taxpayers and tax preparers, like […]

Your $300 – $1,200 Economic Stimulus Payment Cost $767 Million

 

GAO-08-620T Testimony:

IRS estimated that the costs of implementing the economic stimulus legislation may be up to a total of $767 million—including a $202 million supplemental appropriation. In addition to the supplemental appropriation, IRS is reallocating hundreds of collections staff to answering taxpayer telephone calls, resulting in up to $565 […]