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2 hrs ago | Investopedia
There is still plenty of time left until the April 15 income tax filing deadline. But why wait until the last minute to get your affairs in order? By preparing now, you'll make your and your accountant's life a lot easier come crunch time.
6 hrs ago | Newsday
Bical Chevrolet in Valley Stream has received tax breaks from Nassau County to reburbish its showroom and other buildings. We shouldn't call them "tax breaks."
10 hrs ago | The CPA Technology Advisor
The Internal Revenue Service is not processing complaints against tax preparers in a timely manner, according to a report publicly released today by the Treasury Inspector General for Tax Administration . The IRS processed about 77 million individually electronically filed Federal income tax returns prepared by paid tax return preparers in 2013.
14 hrs ago | Washington Examiner
For example, the nation's main anti-poverty program, the Earned Income Tax Credit, uses the tax system to supplement the earnings of low-income families. PRO: Could build support for the health overhaul because tax credits have greater political popularity than traditional government spending programs.
15 hrs ago | Washington Times
Potential complications await consumers as President Barack Obama's health care law approaches its second open enrollment season, just two months away. Don't expect a repeat of last year's website meltdown, but the new sign-up period could expose underlying problems with the law itself that are less easily fixed than a computer system.
15 hrs ago | USA Today
Sure, we're heading into the season of cider mills, crisp autumn leaves and pumpkin-flavored everything. But make no mistake, the tax-swindle is a year-round proposition.
As Jerry Brown seeks his fourth term as governor this year, he's crowing about balancing the state budget after years of deficits that piled up a "wall of debt." He moderated the spending ambitions of his fellow Democrats and, more importantly, persuaded voters to enact temporary sales and income tax hikes, the latter only on the highest-income taxpayers.
Labour's proposed capital gains tax policy and National's tax cut plan provided a challenge to Twitter's inherent requirement for brevity. Photo / File Can Twitter handle serious policy debates? This week has been dominated by tax policy - in terms of National's tax cut plan and Labour's proposed capital gains tax - providing a challenge to Twitter's inherent requirement for brevity.
I'm a tax lawyer based in San Francisco , but I handle tax matters everywhere. I enjoy untangling a tax mess from the past, disputing taxes with the government or planning taxes for the future.
Even though we still have a long way to go until tax time, you can get a pretty good idea of the tax refund you can expect to get once you file your return next year. There are three basic components that go into how much you can expect to get back: your income, any deductions you're entitled to, and any tax credits you qualify for.
Whether or not the Scottish electorate elects to remain part of the UK next week, the country's tax regime will not be left untouched. No. Limited legislative powers relating to tax have already been devolved to the Scottish government and more changes are afoot.
Taxes are expensive enough, but what about the cost of tax compliance? Joshua McCaherty of the Tax Foundation attempted to measure the cost of filing taxes with the Internal Revenue Service. With years of new legislation, regulations and changing tax policy, the tax code today is monstrous, weighing in at more than 70,000 pages.
Free Wi-Fi at Starbuck's helped produce $1.8 million in bogus tax refunds for some Detroit customers.
Some U.S. Senate Democrats are trying to defend the Internal Revenue Service in a staff report that alleges the tax agency was equally severe with left-leaning and right-leaning groups seeking tax exemptions in 2010 and 2011. And they contend that the Treasury Inspector General for Tax Administration erred in his 2013 report saying the agency wrongly targeted conservative ones.
Good intentions don't always produce desired effects. Consider, for example, the Earned Income Tax Credit .
The Internal Revenue Service announced the availability of several new YouTube videos to help taxpayers get important information about the Affordable Care Act and tax return filing. The new videos, which are part of a series on the IRS YouTube channel, feature IRS Commissioner John Koskinen discussing the premium tax credit and the individual shared responsibility provision.
Property and inheritance taxes will be imposed this year, with the property tax rate for residential use likely to be set at 1,000 baht for every 1 million baht of the appraised value. Prime Minister Prayuth Chan-ocha told the National Legislative Assembly on Friday tax reforms would be carried out, with the two new taxes to be collected starting this year.
Updated: Sun Sep 14, 2014 07:26 pm
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