Tax Talk Plus» stimulus

Ongoing U.S. Economic Challenges May Cause Muni Bond Chaos

admin — Fri, 04 Jun 2010 16:52:42 +0000

Warren Buffet Turns Sour on Muni Bonds. Thanks to Massive Underfunded Pensions, Dwindling Revenues and Inability to Raise Taxes – State and Local Agencies Are in for a Rough Ride. Over $14 Billion of Muni Bond Defaults in 2008 and 2009. This may be just the tip of the iceberg.

http://www.moneynews.com/StreetTalk/warren-Buffett-Municipal-Debt/2010/06/03/id/360924?s=al&promo_code=A01D-1

U.S. Unemployment Continues to Challenge Recovery. Census Workers Cannot Cure the Problem (WSJ).

http://online.wsj.com/article/SB10001424052748704764404575286263535019280.html?mod=djemalertNEWS

Long-Term U.S. Problems Continue (The Economist) -

http://finance.yahoo.com/tech-ticker/%22longer-term-issues-for-america-are-really-really-serious%22-bishop-says-498808.html?tickers=%5Edji,%5Egspc,tlt,tbt,euo,man&sec=topStories&pos=9&asset=&ccode=

CNN Local Videos – Long Beach Tax Credits/ Green Jobs/ Port Expansion/ Card Check

admin — Wed, 03 Mar 2010 01:11:10 +0000

For daily tax and economic updates, please follow me on Twitter @:

http://twitter.com/taxcredits_CPA

Media Links

To download, click on the hyperlink below and choose Save

Blake E. Christian

Access all my CNN Local Videos:

http://www.hcvt.com/resources-links/media-links.html

Available Topics (please click on link above):

Blake Christian CNN inverview – Local Eco Credits / Green Jobs [36.0 MB] February 2010

Blake Christian CNN interview – California Tax Overhaul Proposal [41.1 MB] October 2009

Interview – Pros and cons of a national sales/flat tax [lieu of current fed. tax system] [40.3 MB] September 2009

Blake Christian CNN interview – The U.S. Tax Gap [40.5 MB] September 2009

Blake Christian CNN interview – Swiss and U.S. at (Tax) War [40.6 MB] September 2009

Blake Christian CNN interview – $9 Billion of New California Taxes [40.5 MB] June 2009

Blake Christian CNN interview – POLB Middle Harbor Project [40.5 MB] May 2009

Blake Christian CNN interview – Tax Planning in a Recession [40.5 MB] May 2009

Blake Christian CNN interview – Enterprise Zone Credits “Green Jobs” [40.5 MB] April 2009

Blake Christian CNN interview – Affect of Budget & Stimulus on Business [40.4 MB] April 2009

Blake Christian CNN interview – Employee Free Choice Act [40.4 MB] April 2009

Check out the full library of tax and economic articles @: www.blakechristian.com

State and Federal Tax Audit Activity Increases With Falling Economy

admin — Fri, 25 Sep 2009 13:30:09 +0000

With state and local tax revenues falling by the largest percentage in 50 years, state and local agencies are stepping up their income, sales/ use and property tax audit activities to close at least part of the tax gap.

Please click on the link below to read how 42 states have experienced drops in their tax revenue – and the current fiscal year looks equally bleak.

In light of increased audits and possible legislative tax increases, taxpayers should review the variety of ways to reduce their state and local tax bite and make sure that they only pay their statutory fair share

http://www.cpa2biz.com/AST/AICPA_CPA2BiZ_Nav/Top/Browse/Newsletters.jsp

Also read about proposed IRS collection procedures to close the $350 billion federal tax gap.

http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2009/CorpTax/Federal_Tax_Gap.jsp