November 21, 2008
Everybody knows the phrase “close enough for government work” is a joke, but few people would claim that it applies to the IRS. Although it might be tempting to fill in your tax forms by saying you owe “between $0 and $5,000” and then remit nothing to the IRS, this probably isn’t a wise strategy.
... more...Tax season delayed for millions
Up to 13.5 million Americans must wait until mid-February to begin filing tax returns as the IRS scrambles to incorporate late tax-code changes from Congress.
Income tax rate could be 9% claims think tank
The basic rate of income tax could be reduced to nine per cent if public spending had increased in line with rate of economic growth, according to a think tank report published on Monday.
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