- quote -

They sure have most people fooled, don't they?

ChEAr$,
Harlan

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Harlan Lunsford wrote:
- quote -

The ability of Congress to make law is "finite. However its
wisdom (knowledge of what is true or right coupled with good
judgment) as it relates to tax law appears to be infinite!
(:-D

--
Alan
http://taxtopics.net

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A.G. Kalman wrote:
- quote -

The only incorrect item in your statement Alan, is the word
"infinite" above; should be "finite".

ChEAr$,
Harlan

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

Victor Roberts wrote:
- quote -

The reason the charitable rate could not be changed by the
IRS is that Congress in its infinite wisdom hard coded that
rate.

--
Alan
http://taxtopics.net

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- quote -

That results from the contribution mileage rate being etched
into statute -- sec. 170(i), which Congress must change.
IRS can change the other rates on its own.

Reg,
Fred F.

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Harlan Lunsford <hlunsford[at]bellsouth.net> wrote:

- quote -

Clearly the government, which has been getting out of the
business of supporting charitable causes in favor of "the
people" doing, is trying to encourage private support.

Stu

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Victor Roberts <xxx[at]lighting-research.com> wrote:
- quote -

The proposed Katrina disaster relief bill raises charitible
mileage to half that of business mileage.

__
Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH

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Harlan Lunsford <hlunsford[at]bellsouth.net> wrote:

- quote -

More proof that there is no logic in the tax laws.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

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John H. Fisher wrote:

- quote -

Also the rate for medical and moving miles increased to 22
cents per mile; however charitable contribution rate remains
the same.

ChEAr$,
Harlan Lunsford, EA n LA

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CCH TAX NEWS for September 12, 2005

FEDERAL NEWS

Standard Mileage Rates Increased for Final Four Months of 2005
(IR-2005-99; Ann. 2005-41
http://tax.cchgroup.com/news/headlin...nws91205.htm#1

STATE NEWS

New York --Personal Income Tax: Nonresidents' Gain From Sale of
Painting Was New York-Source Income
http://tax.cchgroup.com/news/headlin...nws91205.htm#2

Texas --Sales and Use, Motor Fuel Taxes: Hurricane Katrina Tax Relief
Questions Answered
http://tax.cchgroup.com/news/headlin...nws91205.htm#3

Missed a headline? Click here to review last week's tax news
http://tax.cchgroup.com/news/default.asp?PageID=4

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >