Online debate rages over Palin's tax returns
Palin's tax returns spark online debate over whether she has underpaid tax
Palin's tax returns spark online debate over whether she has underpaid tax
US tax blogs have pored over Sarah Palin’s tax returns and decided: they’re
wrong.
The tax returns of vice-presidential candidate Sarah Palin have sparked a
frenzy of debate among tax academics, lawyers and
bloggers
over whether she and her husband still owe tax due to alleged errors.
Jack
Bogdanski of Lewis & Clark and Bryan Camp of Texas Tech raised
issues over her returns.
‘The children’s travel payments are clearly taxable income,’ said Bogdanski
on his blog.
The debate was sparked by tax lawyer
Roger
M Olsen backing aspects of her tax return.
Further reading:
Read
the Wall Street Journal’s blog
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleThis was the fourth largest borrowing year since records began in 1993 Read More...
View articleATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...
View article