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Taxes Information |
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Taxes Information
More Articles from Taxes Information: MORE RESOURCES: Benefits paid to suffering unemployed workers will have to be cut and taxes on struggling businesses will have to go up to pay for a staggering number of claims due to the recession, Wisconsin lawmakers were told Wednesday. The debate over school taxes in Hastings-on-Hudson has revealed the cultural and economic fault lines in the Westchester County river town. MANILA, Philippines - The country's next president will have to turn his back on populist promises made during the campaign and raise taxes sooner rather than later to prevent a financial crisis soon after the May elections. Waukee residents will pay slightly higher property taxes to the city under a budget that will take effect on July 1, though the city’s levy rate will not change from recent years. MANILA (Reuters) - The Philippines' next president will have to turn his back on populist promises made during the campaign and raise taxes sooner rather than later to prevent a financial crisis soon after the May elections. Moore County has advertised tax liens against Little River Golf Club and other properties of the resort for failing to pay about $220,000 in property taxes. A small jump in the tax levy, combined with a larger drop in property valuations, should result in a drop in taxes for most Bayport property owners. If President Obama's proposal to apply a Medicare levy to investment income had been in place in 2008, the Obamas would have paid roughly $75,000 more in taxes that year. Faced with failing to make annual $1 million payments promised to the owners of Reno's Triple-A baseball team, city officials propose to use sales taxes generated by a planned retail development near the stadium to cover the debt. With April 15 right around the corner, accountancy department chair Keith Smith has words of wisdom for students filing taxes. |
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The Seven Deadly Tax Sins: Commonly Missed Deductions It's that time again, the April 15 tax deadline is looming large. If youre like most people, you havent gathered all of your tax records, let alone filled your return. Euro Tax Haven Threat Media reporting of a new EU savings tax directive has left many people wondering whether European tax havens could soon become obselete.The July directive requires banks throughout Europe, including low and no tax areas such as Gibraltar, Monaco, Malta and Andorra, to disclose bank account owner information to their home country's tax authority. Slash Tax when Buying a Business When buying a business, how the "purchase price" is made up can affect what you pay in tax. The plan is to make as much of the price tax deductible for you and not the other party. How To Set Up A Tax-Saving Bookkeeping System One of the most important, but least understood or appreciated aspects of any business is its bookkeeping or accounting system. 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Fraudulent Tax Shelters - KMPG Goes Down Hard In the largest criminal tax case ever filed, KMPG has copped a plea to using fraudulent tax shelters to bilk the government out of 2.5 billion dollars. 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. Business Tax Loophole: Leasing Assets To Your Corporation While there are many equally valid reasons to incorporate, saving money on taxes is a consideration that can yield relatively immediate results. Leasing assets to your corporation is a tax strategy you should absolutely consider if you already have a corporation or are thinking about forming one. |
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