Greg Mankiw's Blog: Goodbye, Estate Tax
As I recall, the reason for this peculiar state of affairs was not, as Paul Krugman suggests, an attempt to hold down the official cost of the Bush tax cuts. Indeed, back in 2001, what would happen in 2011 was outside the 10-year budget …
Is having my tax refund directly deposited through Turbo Tax different than regular direct deposit?
Quake22 asked: The reason I ask is that I have not received my economic stimulus check yet and my SSN is under 19 (so I was supposed to receive the direct deposit by now). I filed my taxes through Turbo Tax and my refund was directly deposited in my account. Will I get a paper [...]
How come the US government can change tax laws over and over again during tax season?
Tamug01 asked: With certain tax law changes since the beginning of 2007, my CPA is having to correct my taxes several times. It doesn’t seem right that the govt can change tax laws several times during tax season. Other than “because they are the govt,” how come they can tamper with tax laws [...]
When does the tax year start and end in USA?
ML asked: For example, when we file for tax returns for 2007, from which date to which date does the filing cover? The reason I’m asking is because I’m planning to start investing money in stocks and I don’t want to file for 2007 taxes just because of my investments in stocks as I’m not [...]
