income tax

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Latest blogosphere posts tagged “income tax”

  • Summer chart series: How the rich stopped declaring their incomes


    The Rates BlogAuthority Authority: 496
    Bernard Hickey picks out 10 charts from 2009 in a series of videos to play over the Summer break. In this video he looks at how top taxpayers mysteriously stopped growing their incomes after a new top tax rate was introduced. The chart below shows that growth of high net worth individuals (or at least the income they ...
    6 hours ago
  • quote of the day


    Total Survivalist Libertarian RantfestAuthority Authority: 141
    "Taxes dont redistribute wealth, they redistribute people." -Art Laffer  This morning (my time) on Fox News. One of my personal luxuries is that a couple times a week I will spend some time in the morning on a cardio machine watching Fox News instead of running or lifting or whatnot.
    8 hours ago
  • Commerce minister recommended extension of special industrial package to the Himachal Pradesh up to 2013


    LEGAL & FINANCIAL UPDATES FROM TAX GURUAuthority Authority: 157
    Himachal Pradesh chief minister Prem Kumar Dhumal on Monday said commerce and industry minister Anand Sharma has recommended extending special industrial package to the state up to 2013. Dhumal met Sharma on Monday to lobby for the extension of tax... [[ This is a content summary only. Visit my website www.taxguru.in ...
    9 hours ago
  • Can we afford more deficit spending?


    Liberty Maven Liberty Maven: For Liberty, One Individual At A TimeAuthority Authority: 440
    D o w n s i z e r – D i s p a t c h The Second Session of the 111th Congress begins today. Let’s tell them what their priority should be this year. Tell them to cut federal spending!  https://secure.downsizedc.org/etp/campaigns/104 You may borrow from or copy this letter: In 2000, President Clinton ...
    10 hours ago
  • The Rich *Are* Different


    Angry BearAuthority Authority: 626
    by Tom Bozzo Yesterday, run75441 sent an e-mail to the Bears touching off a bit of a discussion on the perennial question of what constitutes the "middle class" or a "middle-class income." Runs touchstone was the AMT, which has been turned by bad legislation (not indexing the zero bracket; interactions with the ...
    13 hours ago
  • Direct tax collections rise nearly 9 percent


    Thaindian NewsAuthority Authority: 734
    New Delhi, Jan 5 (IANS) Net direct tax collections in the first three quarters this fiscal stood at Rs.250,232 crore, up 8.51 percent from Rs.230,598 crore collected in the corresponding period last year, the government said Tuesday.Corporate tax collection grew 13.47 percent to Rs.166,503 crore in April-December 2009 ...
    15 hours ago
  • Judge Denies UBS Whistleblower’s Bid to Reduce Sentence - The National Law Journal


    USTaxAid ServicesAuthority Authority: 152
    Judge Denies UBS Whistleblowers Bid to Reduce Sentence The National Law Journal Birkenfeld came forward in 2007 as an American expatriate living in Switzerland, looking to cash in on a new federal whistleblower law that allows him to … and more »
    19 hours ago
  • April 2010 Marks Filing of Income Tax Returns in Philippines


    MasteroftheAuthority Authority: 99
    We all know that when April month comes, it is also time for all workers and employees who pay their taxes through monthly regular deductions will have to file their BIR income tax return forms. It has to be done in the month of April as it was always done so just reminding you if [...]
    21 hours ago
  • City of Los Angeles ans State BOE Sites Are Up


    profitableAuthority Authority: 99
    If you are running a business in Los Angeles or are collecting sales tax in the State of California, both the city business site and the State Board of Equalization sites are up and running. I went ahead and updated my info and paid where appropriate and you should too. The deadline is end of February and for the ...
    1 day ago
  • Planning After "Repeal" of the Federal Estate Tax


    North Carolina Estate Planning BlogAuthority Authority: 118
    From its inception, the 2001 tax act was scheduled to repeal the federal estate tax and generation skipping transfer tax (GSTT) for one year beginning January 1, 2010. This should come as no surprise. What is surprising, however, is the fact that the 2001 tax act has now played out and repeal, at least temporarily ...
    1 day ago
  • Income tax department matching politicians poll affidavits with their Income Tax Return


    LEGAL & FINANCIAL UPDATES FROM TAX GURUAuthority Authority: 157
    The finance ministry has quietly initiated the process of opening up the income tax files of politicians belonging to all parties and tallying their income statements with the affidavits filed by them with the Election Commission during the 2009... [[ This is a content summary only. Visit my website www.taxguru.in ...
    1 day ago
  • Turbo Tax Premier 2009 Says Will Guide Like Navigation


    HULIQ - Citizen News ReviewAuthority Authority: 656
    As the season of tax return is already upon us most Americans are looking for ways to get more refunds from a poorly performing economic year. Online and offline tax return software and companies are competing for more customers. Turbo Tax 2009 filing system, which arguably is better position online than its ...
    1 day ago
  • IRS to regulate tax preparers


    AccountingWEB.comAuthority Authority: 446
    The Internal Revenue Service kicked off the 2010 tax filing season today by issuing the results of a landmark six-month study that proposes new registration, testing and continuing education of tax return preparers . read more
    1 day ago
  • Can You Hear Us NOW?


    Cold FuryAuthority Authority: 497
    ‘COS WE DON’T THINK YOU CANReason:“The city isn’t suing [AT&T] on behalf of the customers, of course (though even that would be sort of silly). It’s suing on the notion that when a customer doesn’t use up all of a product or service they purchase, the remainder belongs to the government. So they want ...
    1 day ago
  • Paid Tax Preparers To Face IRS Competency Tests


    HULIQ - Citizen News ReviewAuthority Authority: 656
    New Internal Revenue Service ( IRS ) regulations will force paid taxpayers to register with the government, pass competency tests and adhere to ethical standards, according to an announcement made Monday. The new regulations will not go into effect for the current tax year, due April 15th.
    1 day ago
  • A Short Timeline of Taxation of the US, Part 1


    Earn Extra MoneyAuthority Authority: 150
    Raleigh NC CPAW. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…From 1868 until 1913, almost ninety percent of the federal government’s income was gotten from taxes on whiskey and tobacco. During the Civil War there was a short income tax, but it wasn’t ...
    1 day ago
  • The Lesson in Taxation, Part 9: Taxes, the Slavery Issue, and the Civil War


    Earn Extra MoneyAuthority Authority: 150
    Raleigh NC AccountantW. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…“Slavery – the one cause of the Civil War.” – John Stuart Mill, 1862Can there be any doubtful thoughts about this topic? Certainly the American Civil War was about the slavery ...
    1 day ago
  • You Do NOT Have To List Guns On Tax Returns!!


    Black Bear BlogAuthority Authority: 448
    You know this rumor has gone around and around and it’s back again. It’s the new year and with it comes the thought of filing income taxes and once again the false email if going around again that claims we have to register our guns on our income tax returns for 2010. NOT TRUE! It’s never been true! So when the ...
    1 day ago
  • Determination of ALP of an international transaction


    LEGAL & FINANCIAL UPDATES FROM TAX GURUAuthority Authority: 157
    How much tax is paid by the foreign AE is not relevant in the determination of correct tax liability in the hands of the Indian enterprise; what is material is that the rightful tax payable in India should not suffer due to the adjustment of price... [[ This is a content summary only. Visit my website www.taxguru.in ...
    1 day ago
  • Voters Agree Only on Taxing The Rich To Pay for Health Care Plan


    StupidicaAuthority Authority: 177
    When it comes to paying for the cost of the proposed health care reform plan, voters are okay with taxing the rich but strongly reject cuts in Medicare and excise taxes on “Cadillac” health plans provided by employers. The latest Rasmussen Reports national telephone survey finds that those who support the health ...
    1 day ago

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