State of Alaska takes another look at Palin's per diems
Folks say that the governor's travel per diems "raised eyebrows" among tax professionals in Alaska, and the state bureaucrats up there now concede that maybe they should have been included as income on her W-2 form. They're "reviewing" the situation.
No kidding. And hey, Juneau, while you're at it, how about the payments for her kids? How are they not on her W-2?
Comments (5)
Well, doggone it, they're goin' to be filin' a 1040X, ya think? You betcha.
Posted by Allan L. | October 7, 2008 5:19 PM
Also.
Posted by Jack Bog | October 7, 2008 5:25 PM
State of Alska Finance Director Kim Garnero is earning her pay trying to cover for her boss, the Governor.
Now that she admits that Palin's tax home is governed (excuse the choice of words) by where Palin is spending the mahority of her time, Garnero struggles like a mother Kodiak bear defending her cubs in a vain attempt to avoid admitting that Palin's per diem is taxable.
If Garnero wants to claim that you go by the individual tax year and Palin's is 365 days long, because she is always on call, than you have to consider all the days Palin spent in Wasilla/Anchorage and not just the days she put in for Per Diem; the days that engaged in official activities.
Apparently, Garnero admits that Palin spent less than 50% of her time working in Juneau. else there would be no need to consider whether any location other than her duty home is Palin's tax home.
Posted by Richard J Koppel | October 7, 2008 5:38 PM
Interesting. The Olsen review occurred AFTER the returns were prepared. But how would Palin know there was a problem with the returns until she made them public? Could she have know that she was cheating?
Posted by Chris Coyle | October 7, 2008 11:41 PM
I don't know nothin' 'bout no taxes in Alaska but in Michigan, the shoot mooses don't they.
Police Blame Mich. Townspeople for Moose's Death.
They probably have to file an amended Schedule D if they dress it outside its taxable home ... or something ...
McCain giving up on Michigan campaign.
Well, no wonder, go figure.
Posted by Tenskwatawa | October 8, 2008 3:54 AM