Tax Roundup, 4/4/2012

April 4th, 2012 by Joe Kristan

http://www.hiwtc.com/photo/products/22/20/14/201422.jpgBut don’t you dare give the bank the client’s return with only oral permission, because that would be unauthorized disclosure: “TIGTA: IRS Is Not Monitoring 34% of its Servers, Putting Taxpayer Data at Risk” (TaxProf).

Pennies on the dollar for late-night cable operators: “TaxMasters Leaves CNN, Fox News, MSNBC Holding Empty Bag” (Janet Novack)

Gee, who didn’t see this coming?  Iowa jacks up its cigarette taxes.  Taxpayers respond creatively.  Iowa tries to close the “loophole.”  Taxpayers will respond creatively again.  (Radio Iowa.com, via TheBeanwalker.com.)

Deducting that home office?  Jason Dinesen warns us to Beware of Depreciation Recapture on Home Office Deduction.

“Zappers” aren’t just a Canadian thing anymore: States target tax fraud software.

The tax fraud bet didn’t work out:Northridge woman gets 18 months for tax fraud.”  The story quotes the prosecutor saying “She’s someone who liked to go to Las Vegas.”

Harold Hill would approve: Alabama Education Funding Diverted to Pay for Film Incentives. (Tax Policy Blog)  UPDATE: Not that education there necessarily deserves funding.

It’s a long way down from Patty Hearst and O.J. Simpson: F. Lee Bailey as Lionel Hutz (Anthony Nitti).

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