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	<description>Taxes and investing in plain language</description>
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		<title>Some Refunds Delayed by a Week</title>
		<link>http://fairmark.com/2012/01/27/some-refunds-delayed-by-a-week/</link>
		<comments>http://fairmark.com/2012/01/27/some-refunds-delayed-by-a-week/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 22:03:45 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[IRS Guidance]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Tax Filing]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1508</guid>
		<description><![CDATA[The IRS has announced some taxpayers will receive their refunds about a week later than originally projected. &#8220;The one-week delay for some refunds relates to fine-tuning IRS systems to adjust for new safeguards put in place this tax season to provide stronger protection against refund fraud,&#8221; the agency explained.]]></description>
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		<title>Erroneous Disallowance of Homebuyer Credit</title>
		<link>http://fairmark.com/2011/08/17/erroneous-disallowance-of-homebuyer-credit/</link>
		<comments>http://fairmark.com/2011/08/17/erroneous-disallowance-of-homebuyer-credit/#comments</comments>
		<pubDate>Wed, 17 Aug 2011 15:47:12 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[homebuyer credit]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1468</guid>
		<description><![CDATA[A report in Tax Notes indicates numerous taxpayers who claimed the original version of the first-time homebuyer credit have received (or will receive) erroneous letters telling them they don&#8217;t qualify for the credit. The IRS is aware of the problem and working on a correction.]]></description>
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		<title>IRS Eases Innocent Spouse Rule</title>
		<link>http://fairmark.com/2011/07/27/irs-eases-innocent-spouse-rule/</link>
		<comments>http://fairmark.com/2011/07/27/irs-eases-innocent-spouse-rule/#comments</comments>
		<pubDate>Wed, 27 Jul 2011 15:05:05 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[General Taxation]]></category>
		<category><![CDATA[IRS Guidance]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1465</guid>
		<description><![CDATA[Despite winning a number of court victories upholding its position, the IRS has decided to change that position and allow requests for equitable relief under the innocent spouse rules more than two years after the start of collection action. Originally designed to require prompt action by the taxpayer while evidence was still fresh, the two-year [...]]]></description>
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		<title>Senators Take Swipe at Stock Options</title>
		<link>http://fairmark.com/2011/07/20/senators-take-swipe-at-stock-options/</link>
		<comments>http://fairmark.com/2011/07/20/senators-take-swipe-at-stock-options/#comments</comments>
		<pubDate>Wed, 20 Jul 2011 20:07:43 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Equity Compensation]]></category>
		<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1461</guid>
		<description><![CDATA[Senators Levin (D. Mich) and Brown (D. Ohio) have introduced the Ending Excessive Corporate Deductions for Stock Options Act, legislation that would limit the amount a corporation can deduct in connection with the exercise of compensatory stock options to the amount shown as an expense for the options in its financial statements. Similar proposals have been [...]]]></description>
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		<title>Burdensome Reporting Rule Repealed</title>
		<link>http://fairmark.com/2011/04/15/burdensome-reporting-rule-repealed/</link>
		<comments>http://fairmark.com/2011/04/15/burdensome-reporting-rule-repealed/#comments</comments>
		<pubDate>Fri, 15 Apr 2011 14:45:56 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1443</guid>
		<description><![CDATA[A rule that would have imposed burdensome new reporting requirements on businesses has been repealed. The rule was designed to clamp down on tax cheats by requiring businesses to file Form 1099 whenever they pay more than $600 to a single vendor for goods and services. It quickly became apparent that this would be a [...]]]></description>
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		<title>Shutdown Averted; Life Goes On</title>
		<link>http://fairmark.com/2011/04/09/tax-rules-for-shutdown-you-pay-irs-doesnt/</link>
		<comments>http://fairmark.com/2011/04/09/tax-rules-for-shutdown-you-pay-irs-doesnt/#comments</comments>
		<pubDate>Sat, 09 Apr 2011 15:45:59 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Tax Filing]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1433</guid>
		<description><![CDATA[If you were sweating it out over whether your tax refund would be delayed over a government shutdown, it appears you can rest easy. In an eleventh-hour deal, government funding will continue through the end of September. A stopgap measure will provide funding until an actual vote on the deal, expected within a few days. [...]]]></description>
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		<title>IRS Offers Last Minute Filing Tips</title>
		<link>http://fairmark.com/2011/04/08/irs-offers-last-minute-filing-tips/</link>
		<comments>http://fairmark.com/2011/04/08/irs-offers-last-minute-filing-tips/#comments</comments>
		<pubDate>Fri, 08 Apr 2011 18:56:42 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[IRS Guidance]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1436</guid>
		<description><![CDATA[We don&#8217;t republish all the tips offered by the IRS, but if you&#8217;re up against the filing deadline, the following may be helpful. [Quoted from IRS] The tax filing deadline is just around the corner. The IRS offers 10 tips for taxpayers still working on their tax returns: File Electronically IRS e-file: It’s safe. It’s [...]]]></description>
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		<title>Law Professors Will Love This Case</title>
		<link>http://fairmark.com/2011/04/07/law-professors-will-love-this-case/</link>
		<comments>http://fairmark.com/2011/04/07/law-professors-will-love-this-case/#comments</comments>
		<pubDate>Thu, 07 Apr 2011 10:56:22 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Court Rulings]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1426</guid>
		<description><![CDATA[Once in a while a real head-scratcher of a tax case comes along, and they always seem to involve in one way or another the definition of a capital asset. One that happened to be decided when I was in law school (and was used as the basis for an exam question in a course [...]]]></description>
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		<title>Tax Court Says Day Trading Is Dissipation</title>
		<link>http://fairmark.com/2011/03/25/tax-court-says-day-trading-is-dissipation/</link>
		<comments>http://fairmark.com/2011/03/25/tax-court-says-day-trading-is-dissipation/#comments</comments>
		<pubDate>Fri, 25 Mar 2011 18:45:06 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Court Rulings]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Taxation of Investments]]></category>
		<category><![CDATA[Trader Taxation]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1418</guid>
		<description><![CDATA[If you find yourself owing the IRS more than you can possibly pay, you may be able to settle for a reduced amount through a procedure called an offer in compromise. The IRS doesn&#8217;t always agree, however. Among other possible reasons, they may reject an offer in compromise if it appears you dissipated assets, consuming [...]]]></description>
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		<title>Homebuyer Credit Causes Processing Delays</title>
		<link>http://fairmark.com/2011/03/24/homebuyer-credit-causes-processing-delays/</link>
		<comments>http://fairmark.com/2011/03/24/homebuyer-credit-causes-processing-delays/#comments</comments>
		<pubDate>Thu, 24 Mar 2011 18:13:40 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[IRS Guidance]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Tax Filing]]></category>

		<guid isPermaLink="false">http://fairmark.com/?p=1412</guid>
		<description><![CDATA[The IRS is working on solutions to problems that are causing delays in the processing of certain categories of income tax returns filed by individuals who claimed the homebuyer credit. The affected taxpayers do not need to contact the IRS or take any other action; they simply need to expect some delays. Here is the [...]]]></description>
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