Taxes Information

Taxation of Forgiven Debt: The 1099C & You


Often people fall on hard times and stop paying on credit cards. After a while the account may go to an outside debt collector who might offer a settlement of the debt for 30-40% of theoriginal sum.

Some Folks Pay A Lot Less Tax Than Others On Very Same Income-Did You Pay Too Much Tax In 2004?


Someone once remarked, "Next to being shot at and missed, nothing is quite so satisfying as an income tax refund." There's no question that saving money in taxes is high on everybody's list of financial priorities, especially small-business owners.

Getting A Second Extension to File 2004 Taxes


Millions of people file tax return extensions every year. The tax filing deadlines can rush up on your quickly.

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.

Furnishing Evidence in E-Tax Compliance


Self-assessment relies on taxpayers voluntarily meeting their tax obligations. This concept is recognised in all tax statutes, which sets out taxpayers' primary obligations, and clearly spells out that taxpayers are required to determine the amount of tax payable correctly and to pay it on time.

IRS Statute of Limitations: Do Taxes Ever Expire?


Many Americans believe that an IRS debt is a debt for life and that the tax collector can hound them to the grave. Thankfully, that is not the case and there are statutory time limits on the ability of the IRS to examine and collect taxes.

What to Do If You Can't Pay Your Taxes


The end of tax filing extensions is quickly approaching. What do you do if you can't pay the amounts you owe? You should still file your return by the due date and pay as much as you can.

What You Need To Know About Taxes If You're Getting Married


It may not be high on the list of wedding planning activities, but there are a few simple steps that can help keep tax issues from interrupting your newly wedded bliss. If you recently married, check out your new tax situation.

Send Your Kids To Summer Camp and Write It Off


If you paid someone to care for a child so you could work, you may be able claim a tax credit for child and dependent care expenses on your federal income tax return. This credit is available to people who, in order to work or to look for work, have to pay for child care services for dependents under age 13.

What Is Tax Law?


The federal tax code is complex. This complexity generally arises from two factors: the use of the tax code for purposes other than raising revenue, and the feedback process of amending the code.

History Of The Federal Income Tax


The powers of Congress, and the limitations set upon those powers, are set forth in Article I of the United States Constitution. Section 8 specifies both the power to collect, "Taxes, Duties, Imposts and Excises," and the requirement that, "Duties, Imposts and Excises shall be uniform throughout the United States.

State Tax Information


All states also have their own tax system. Typically there is a tax on real estate, and there may be additional income taxes, sales taxes, and excise taxes.

About Income Taxes; Tidbits


1812The first attempt to impose an income tax on America occurred during the War of 1812. After more than two years of war, the federal government owed an unbelievable $100 million of debt.

Requirements To Produce Tax Information (Whats Up With That?)


"What we've got here is a failure to communicate." --Strother Martin in Cool Hand Luke Statutory Law Governments pass laws, it's what they do.

Get Uncle Sam To Pay $36,000 For Your Childs Education!


Let's assume that you would like to begin saving for your children's education fund. At the end of each year, for the next 8 years, you will contribute $2,000 into a Coverdell Education Savings Account (Education IRA), using your after-tax dollars.

More Articles from Taxes Information:
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10



MORE RESOURCES:
tax - Google News

Ottawa urged to fast-track business tax reform - Financial Post

Ottawa urged to fast-track business tax reform
Financial Post, Canada - 2 hours ago
OTTAWA -- The federal and provincial governments should accelerate business tax reforms to help Canadian firms be more productive to deal with the strong ...
Feds heading for fatter surplus, not deficit: Conference Board Canada.com
Slower economy won't mean government deficits in future ... The Canadian Press
Canada governments urged to slash business taxes Reuters
Canada NewsWire (press release)
all 54 news articles


New Britain Woman Faces Charges In Tax Return Scam - Hartford Courant

New Britain Woman Faces Charges In Tax Return Scam
Hartford Courant, United States - 6 hours ago
A New Britain woman was arrested Wednesday on federal charges of filing bogus income tax returns while operating a tax preparation service in Hartford. ...


Woodside hits out at budget tax on light oil - The Age

The Age

Woodside hits out at budget tax on light oil
The Age, Australia - 11 hours ago
As the Government struggles with cross-bench senators to get the tax on condensate passed, Woodside's CEO Don Voelte told a company briefing that the tax ...
Woodside chief says consumers will pay for condensate tax ABC Online
Woodside says customers will pay condensate tax Sydney Morning Herald
Gas users to be hit with tax The West Australian
WA Business News (subscription) - Trading Markets (press release)
all 109 news articles


Pay Me: Will Congress Extend Wind, Solar Tax Breaks? - Wall Street Journal Blogs

Wall Street Journal Blogs

Pay Me: Will Congress Extend Wind, Solar Tax Breaks?
Wall Street Journal Blogs, NY - 9 hours ago
Despite more than a half-dozen efforts, Congress has yet to renew the clean-energy tax credits which make or break the industry. Those credits have never ...
Solar Firms Wait on Tax Credit Wall Street Journal Blogs
all 2 news articles


Provena Covenant's tax-exempt status again in question - Chicago Tribune

Crain's Chicago Business

Provena Covenant's tax-exempt status again in question
Chicago Tribune, United States - 2 hours ago
In 2003 the Champaign County Board of Review yanked the tax exemption of Provena Covenant for allegedly overly aggressive attempts to collect money from ...
Appellate court rules against Provena in tax dispute Urbana/Champaign News-Gazette
Provena loses tax exemption again in appellate court ruling Urbana/Champaign News-Gazette
Court says Urbana hospital owes taxes Chicago Tribune
all 10 news articles


Abouhalkah's column: Why KC's earnings tax matters to suburbs - Kansas City Star

Abouhalkah's column: Why KC's earnings tax matters to suburbs
Kansas City Star, MO - 3 hours ago
The 1 percent income tax levied on people who work or live in Kansas City has been around for almost four decades. Businesses also pay the tax on net ...
Council sets property tax levy Carthage Press
all 2 news articles


Half of Americans Believe GOP Spin on Obama's Tax Plan - AlterNet

TopNews

Half of Americans Believe GOP Spin on Obama's Tax Plan
AlterNet, CA - Aug 26, 2008
You've really got to tip your hat to the anti-tax propagandists on the Right. According to Gallup, 53 percent of Americans believe an Obama presidency would ...
More Confusion over Corporate Taxes BusinessWeek
PersonalFinance: Surviving in an election year Reuters
Worried about Obama? Don't sell off your hot stocks yet Detroit Free Press
The Desert Sun - Washington Post
all 394 news articles


Emissions trading scheme a tax: Nelson - The Age

Emissions trading scheme a tax: Nelson
The Age, Australia - 39 minutes ago
The federal government's planned emissions trading scheme is nothing more than a tax, Opposition Leader Brendan Nelson says. The government is meeting with ...
Libs blast Rudd's 'fake' $6b blow-out in tax budget The Canberra Times
Tax changes dominate debate as parties get back to business The Australian
Australia’s “tax review”: Rudd seeks to deliver corporate agenda World Socialist Web Site
ABC Online - The Age
all 526 news articles

Taxrome.com © 2008