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Oct 7, 2008
in have sparked a frenzy of debate among tax academics, lawyers and bloggers over whether she and her husband still owe tax due to alleged errors.Jack Bogdanski of Lewis & Clark and Bryan Camp of Texas Tech raised issues over her returns. 'The children's travel payments are clearly taxable income,' said Bogdanski on his blog. The debate was sparked by tax lawyer Roger M Olsen backing aspects o
tags: Texas Tech in the News
Oct 7, 2008
rsements, even though he is not an Alaska state employee. Many of them said it is less clear why Gov. Palin's children would be required at official state functions. Bryan Camp, a tax professor at Texas Tech University School of Law and a former Internal Revenue Service lawyer in Washington, said the IRS would ask several questions to determine whether the travel reimbursements were reported pr
tags: Texas Tech in the News
Oct 7, 2008
former adviser to the Internal Revenue Service -- said it would be difficult to argue that the payments for the children's travel should not be reported as income. Bryan Camp, a tax law professor at Texas Tech University School of Law, concluded the payments are taxable since the returns contain no suggestion that either Todd or the kids are employed by the state of Alaska. Bogdanski calculated t
tags: Texas Tech in the News
Oct 7, 2008
ly end in some kind of settlement, perhaps dividing Wachovia's retail operations between New York City-based Citigroup and San Francisco-based Wells Fargo, said Ann Graham, a banking law professor at Texas Tech University.Citigroup made mistakes Some investors cheered Citigroup's decision last week to buy Wachovia's banking assets even though the company is wrestling with a massive restructurin
tags: Texas Tech in the News