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Taxes Information

Uncle Sam is Ready...Are You? Organizing Tips for Tax Time


Anyone who is closely related to an accountant knows that there are not four, but five seasons in a year: Spring, Summer, Fall, Winter, and 'Tax Season.' During the other seasons, we accumulate leaves, snow, and mosquito bites.

Small Business Tax Deductions for Year End 2004


As a small business owner, it's wise to familiarize yourself with some key deductions that may reduce your tax bill for 2004.Employee Benefit Plans - You may deduct contributions to employee benefit plans (such as health insurance plans and retirement plans).

To Tax or Not to Tax - This is the Question


To tax or not to tax - this question could have never been asked twenty years ago.Historically, income tax is a novel invention.

E-commerce Taxation


The means and types of businesses have transformed with advent of era of e-commerce, resulting in global seller and buyer. The Internet offers consumer choice, business efficiency and recreation.

Electronic Commerce Taxation and Pakistan


Assume a buyer in Pakistan downloads software from the Internet for a 30-day trial. If he likes the software, he submits his credit card information and receives an authorization code that allows him unrestricted use of the software.

Complaince of Tax Return in Electronic Commerce Taxation


Emerging Legal issues of Tax compliance of e-business Self-assessment system relies on taxpayers voluntarily meeting their tax obligations by tax payee. This concept is recognised in all tax statutes, which sets out taxpayers' primary obligations to fill tax return on self-assessment, and clearly spells out that taxpayers are required to determine the amount of tax payable correctly and to pay it on time.

Take Control of Your Taxes


As everyone in the U.S.

Understanding Basic Tax Terms


If your like many, you don't always understand what people are talking about when it comes to Taxes. It's important to know the main tax terminology, especially when tax season comes around.

Tax Secrets - How Drew Miles Helped Me


How about a Tax Tip?As we all know Taxes are a necessary evil. While none of us like paying taxes there are many strategists out there that can make your life a lot easier when that dreaded day arrives.

10 Thoughts on Tax Offer in Compromise


Beware of advertisements that claim to settle tax debts for "pennies on the dollar". Check the Offer In Compromise requirements to see if it is right for you.

Corporations Failing To Claim AMT Exemption Overpay Taxes By $11,000


Does your incorporated business pay alternative minimum tax ["AMT]? If so, there is a 93% chance you have been overpaying your taxes by an average of $11,000 a year according to the Treasury Inspector General.The Office of the Treasury Inspector General for Tax Administration was created in 1999 to oversee the IRS.

Are You Overpaying Taxes If You Use Tax Preparation Software?


For many business owners the answer to this quandary is tax preparation software. Fill out a fairly simple interview, click "print" and out comes a completed return that will pass muster with the IRS.

Small Business Tax Issues for Self-Employed Individuals


The United States is a nation of entrepreneurs. There are literally tens of millions of self-employed individuals that enjoy pursuing their dream business.

Understanding Marketing Tax Deductions


Marketing is a necessary expense in running practically any business and the IRS acknowledges as much. You may run advertisements on or in the Internet, radio, television, magazines, newspapers and other media to sell your products or services.

How Likely Are You To Be Audited?


Statistics for IndividualsUnfortunately, the IRS increased its rate of auditing individuals in 2003 when compared to 2002. The increase was approximately 14%, but still constituted only 6.

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Taxes - Google News

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10 Ways to Legally Reduce Your 2018 Taxes - Motley Fool


10 Ways to Legally Reduce Your 2018 Taxes
Motley Fool
Homeowners are privy to a number of tax benefits, the most lucrative of which is typically the mortgage interest deduction. Now you could just make your standard 12 monthly mortgage payments in 2018 and call it a day, but if you want to eke out some ...

and more »

Indian government likely to reject Apple's request to delay new import taxes - 9to5Mac


9to5Mac

Indian government likely to reject Apple's request to delay new import taxes
9to5Mac
Wistron assembles iPhone SE models in India for Apple, but the components are all imported. Under a current agreement, most of these components can be brought into the country tax-free, but the government wants to impose import tariffs on more of them ...
Apple, India wrangle over import tax on mobile parts: sources Reuters

all 8 news articles »

Small Investors Face Steeper Tax Bill Under Senate Proposal - Wall Street Journal


Wall Street Journal

Small Investors Face Steeper Tax Bill Under Senate Proposal
Wall Street Journal
A little-discussed provision in the Senate tax bill could lead to a higher tax bill for millions of small investors and cause many to unload stocks before year-end to avoid those costs. Under the Senate's $1.4 trillion tax overhaul, investors would ...

and more »

Most Americans Expect a Tax Refund in 2018 - And That's Not a Good Thing - Yahoo Finance


Yahoo Finance

Most Americans Expect a Tax Refund in 2018 - And That's Not a Good Thing
Yahoo Finance
If there's one thing pretty much all Americans can agree on, it's that taxes are a major burden. Not only does losing a portion of our income constitute a harsh blow, but the process of filing taxes can be downright stressful. But filing hassles aside ...

In Trump's America, Even White People Can Face Poll Taxes, if They Lean Liberal - Daily Beast


Daily Beast

In Trump's America, Even White People Can Face Poll Taxes, if They Lean Liberal
Daily Beast
The Granite State's Republican-controlled state legislature has responded to narrow defeats — we're talking less than a percentage point — to Democrats in the 2016 election by proposing a poll tax that targets college students: a vital Democrat ...

and more »

Precision sacrificed for speed as GOP rushes ahead on taxes - Chicago Tribune


Chicago Tribune

Precision sacrificed for speed as GOP rushes ahead on taxes
Chicago Tribune
The specific legislation that probably will become law, sold as a middle-class tax cut but featuring a massive corporate rate reduction at its center, is moving from release toward passage without any hearings, unusual for a bill of such magnitude. And ...
Susan Collins Says She's Not a Definitive 'Yes' on Taxes New York Magazine
Today in Taxes: Busy Behind the Scenes Wall Street Journal
Republican tax bill would tie the hands of blue-state governments Washington Examiner
Bloomberg  - New York Times  - AZCentral.com
all 257 news articles »

8.8 million Americans face big tax hike if Republicans scrap the medical deduction - Minneapolis Star Tribune


Minneapolis Star Tribune

8.8 million Americans face big tax hike if Republicans scrap the medical deduction
Minneapolis Star Tribune
Anne Hammer is one of millions of elderly Americans who could face a substantial tax hike in 2018 depending on the final negotiations over the Republican tax bill. In her retirement community in Chestertown, Md., it's the big topic of conversation ...
As California burns, Congress plans to slash tax write-offs for fires and other disasters Los Angeles Times

all 29 news articles »

Scoop: Trump's closing argument on taxes - Axios


Axios

Scoop: Trump's closing argument on taxes
Axios
Scoop: Trump's closing argument on taxes. Photo: Alex Brandon / AP. On Wednesday, President Trump will deliver his closing argument on tax reform to an audience made up largely of young people and middle-class families whose personal stories will be ...

and more »

Taxes and the Safety Net - New York Times


New York Times

Taxes and the Safety Net
New York Times
Make no mistake: The tax cuts for corporations and wealthy people that Congress is determined to pass will lead to major cuts to health and economic security for the rest of us. The Congressional Budget Office anticipates that Medicare alone will be ...

and more »

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