Profit & Tax Blog

Well Kept Wallet with Diane Gardner

Diane Gardner, Your TaxCoach, was just featured on the podcast Well Kept Wallet with Deacon Hayes. CLICK HERE TO LISTEN On this podcast Diane and Deacon talk about: What a Tax Coach is and how one can help you to maximize your deductions and therefore maximize your...

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You Taxin’ Me?

Actor Robert DeNiro has played some of the most compelling characters in movie history: the schizophrenic ex-marine Travis Bickle in Taxi Driver, the young mob boss Vito Corleone in The Godfather Part II, the Chicago bootlegger Al Capone in The Untouchables, the...

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It’s Freezing Where?

Taxpayers across much of the Midwest and east coast have enjoyed a relatively light winter this year, with mild temperatures and little snow. But Old Man Winter made up for it last week. Temperatures dropped well below zero and wind chills broke records across the...

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Keeping An Eye On Top Tax Payers

State governments collect billions of dollars in taxes every year, and they work just as hard to protect their revenue base as their friends at the IRS. Sometimes that means putting lots of eggs in one basket — then watching that basket very, very carefully. But one...

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Patriots 28, Seahawks 24, IRS Millions

You probably thought the holiday season ended when the last Christmas lights finally came off the house. But then you would have forgotten the closest thing we have to a national fair. We're talking, of course, about the Super Bowl, our only nationally-televised event...

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The Postman Always Rings Twice

Getting mail from the IRS is rarely something to celebrate. If it's a bill, consider yourself lucky — at least you can just pay it and be done. If it's a "CP 2000" notice proposing a change to your taxes, get ready for a ride on the paperwork tilt-a-whirl. If it's an...

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Some Modest Proposals

Here in America, most of our tax debates center on "income." How do we define it? How do we count it? What do we get to exclude from it, deduct from it, or credit towards it. And finally, how much of it do we take, to make sure everyone pays their "fair" share. The...

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The Most Wonderful Time of The Year?

Way back in 1963, the singer Andy Williams introduced one of the most popular Christmas songs of all time: "It's the Most Wonderful Time of the Year." Decades later, the office-supply store Staples repurposed it to sell school supplies, and Miller recycled it once...

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A Royal Mess!

Most of us don't get to choose our parents. And while we're usually grateful for the ones we have, we've also dreamed of lives that might have been. What little girl hasn't dreamed of growing up a princess, living in a palace, riding in a horse-drawn carriage, wearing...

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Decoding The Code

The Imitation Game is the critically acclaimed story of Alan Turing, a British mathematician who is widely credited as being the father of computer science and artificial intelligence. Benedict Cumberbatch plays Turing, whose work in cracking Nazi Germany's "ENIGMA"...

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