Uncategorized U.S. tax cuts since 1997 10 Jun 20219 Jun 2021 Owen Zidar, a Princeton University economist: “It’s amazing how much we’ve cut taxes even since 1997 — on dividends, the estate tax threshold, capital gains and the top rate." The…
Uncategorized How heavy can IRS penalties be? 11 May 20216 May 2021 When the IRS billed the Estate of Michael Jackson for $700 million, $200 million (28.6%) was an underpayment penalty. (P.S. the IRS lost an appeal on the tax bill, and…