Wednesday’s Amendment 64 Task Force Report is heavy reading. The 166-page study takes a comprehensive look at everything from home cultivation and processing of marijuana to THC potency limits on infused products.
If you usually wait until April to file your taxes, you might want to hurry up — before identity thieves beat you to it. Using stolen names and Social Security numbers, these criminals file fake tax returns with false wage and withholding information. This generates big — and fraudulent — refunds, before the real taxpayer gets around to filing.
The Internal Revenue Service says it's busy working to combat what prosecutors call a fraud epidemic.
Most taxpayers don't have any idea something is wrong until they hit the send button on their taxes and get an error message.
We were curious how hard it would be to set up an offshore company, so this summer we bought two. We at Planet Money are now the proud owners of "Unbelizable Inc." in Belize and "Delawho? LLC" in Delaware. The whole process was quick and easy.
At least that's how it seemed at first — until we got an email from David Buckley, a tax lawyer at Rogin Nassau, telling us we had just walked into an IRS sinkhole.
Buckley described it as "a minefield of U.S. tax obligations," and he said he was worried about me. (The companies are in my name.)
Originally published on Thu September 13, 2012 9:21 am
Karl Rove co-founded the Republican superPAC Crossroads GPS.
Credit Tom Pennington / Getty Images
For months, the tax-exempt Crossroads GPS has argued that its anti-Obama ads were merely issue ads and not political ads. No more. Today the group went up with ads explicitly telling viewers to vote against President Obama.
Co-founded by Republican operative Karl Rove, the group began running a 30-second spot Wednesday morning in Nevada that blames a weak economy and poor housing market on Obama and ends with the wording: "This election ... don't blow another vote on Obama."