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Taxes Information

Back To School - Educators Deduct School Expenses


As teachers and students head back to school following a glorious summer, it's time to remind teachers to organize 2004 school expenses. Under a temporary tax code change, teachers can deduct certain school-related expenses from adjusted gross income.

IRS Lock-In Letters - What's An Employer To Do?


Employers often ask employees to designate the amount of tax withholdings for paychecks. Occasionally, employees will fail to withhold a sufficient amount in the eyes of the IRS.

The Tax Man Cometh... To Search


You're at your office, or home, and the doorbell rings - it's the Canada Revenue Agency ("CRA").The first thing to do is find out why they've come.

Tips and Simple Guidelines on How to Calculate Payroll Taxes


Managing a business small, medium or big requires you to pay your taxes, as well as your employees taxes. Managing a payroll can be an arduous and taxing job, no pun intended.

Fiscal Deity: Tax Consultant


Strategic planning throughout the year results in a minimal tax balance. The objective of planning your tax payables is not to prevent paying taxes, it is to pay no more than your fair share of taxes, and keep your money where it earns you the most.

Six Urban Myths About Taxation


Six Urban Myths - Taxation"I am proud to be paying taxes? I could be just as proud for half the money." - Arthur Godfrey Temporary Taxation in Canada In 1917, the Income War Tax Act (7-8 George V, Chap.

Insider Guides to IRS Audits!


Ever wish that, as a business owner, you knew exactly what would raise "red flags" at the IRS? Or how to make an IRS audit go as smoothly and painlessly as possible?If you're in the right type of business, you can get that information, directly from the IRS!Traditionally, IRS examiners have been responsible for auditing many types of businesses. An examiner might audit a grocery store one week and a construction company the next.

Where to Find Tax Breaks for Your Home Based Business


April 15th looms in front of most people every year like a big, full moon full influencing a tax based frenzy, but knowing where to find tax breaks for your home based business can make that frenzy a little less frantic and more beneficial to you and your home based business. Finding tax breaks for your home based business is not overly difficult, but make sure you discuss tax breaks for your home based business with the person doing your taxes.

Paying Workers - What Can You Write-Off?


As your business grows, you are going to need help. This help comes in the form of employees and independent contractors.

Employment Taxes - Depositing With The IRS


If your business has employees, you must pay employment taxes. The payment system can be a bit confusing, so this article discusses how to go about depositing employment taxes with the IRS.

Failure To Pay Employment Taxes - Penalties


As an employer, you must pay employment taxes if you have employees. Fail to pay and the IRS will rain all over your parade.

Render Unto Caesar


Once a year Canadian taxpayers are required, by law, to file an income tax return in the prescribed form: $150(1).For individuals: $150(1)(d) ITA, they must do so by April 30 of the following year, provided that they owe any taxes or if they are served with a requirement to file: $150(2) ITA.

Taxing Overseas Firms for SOX Compliance


The Sarbanes-Oxley Act, also called the Public Company Accounting Reform and Investor Protection Act of 2002 was signed into law on July 30, 2002 by President Bush. In the aftermath of Enron, Arthur Andersen, Global Crossing, and WorldCom, SOX promises greater corporate accountability and transparency.

The Annual Gift Tax Exclusion: Getting The Edge


Whether helping the kids with a down payment on their first home, paying the premiums on a life insurance policy in an irrevocable trust, or moving appreciated assets to a younger generation, annual gifting will touch the lives of millions of Americans. But before the transfer is made, an investor should spend some time looking at the investment and the tax ramifications of the property to be passed.

Small Businesses: Company Car Vs. Personal Mileage Reimbursement In Hurricane Katrinas Wake


With gas prices at an all time high before Hurricane Katrina left her mark on our nation, most Americans were hoping that gas prices would settle down once summer passed. But gas prices have jumped as much as 80 cents a gallon across the country once Hurricane Katrina destroyed the Gulf Coast and impacted all of our lives.

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MORE RESOURCES:

Boston.com

New Zealand Budgets for `Smoke-Free Aotearoa' With Taxes
BusinessWeek
By Joe Schneider on May 24, 2012 New Zealand, which aims to be a smoke-free nation by 2025, will increase cigarette taxes by 10 percent in each of the next four years in a bid to reduce tobacco consumption, the Pacific nation's finance minister said.
A smoke-free country? New Zealand taxes aim for itBoston.com

all 235 news articles »


Allentown Morning Call

Nancy Pelosi's risky pander on taxes
Washington Post
She believes it includes people earning anything less than $1 million a year — at least when it comes to tax cuts. The California Democrat sent a letter Wednesday to House Speaker John A. Boehner (R-Ohio) calling on him to schedule an immediate vote ...
Pelosi Pushes Tax Hike for Those Making $1 Million or MoreWall Street Journal (blog)

all 18 news articles »


NBCSports.com

Former Giants, Eagles player Will James pleads guilty to not paying taxes
The Star-Ledger - NJ.com
By Tomas Dinges/The Star-Ledger View full sizeStar-Ledger file photoFormer New York Giants cornerback Will James plead guilty today for not paying taxes. CAMDEN — A former New York Giants cornerback pleaded guilty today in federal court for not paying ...
Former Eagles DB William James Pleads Guilty to Failing to File TaxesPatch.com
Athlete admits failing to file taxesCherry Hill Courier Post
Former NFLer Will James pleads guilty to not paying taxesNBCSports.com

all 110 news articles »


Marketplace.org

Brown seeks business support for tax-hike proposal
BusinessWeek
Jerry Brown on Tuesday pitched his proposal to raise the state sales and income taxes to an audience that traditionally opposes tax increases -- members of the California Chamber of Commerce. The Democratic governor wants voters to approve the ...
Gov. Jerry Brown: We're going to cut and hopefully taxMarketplace.org
Brown's Revised Budget Holds Bigger Ax Over SchoolsPatch.com
Cutting DeepThe UCSD Guardian Online
CBC.ca -PCC Courier
all 44 news articles »


NOLA.com

Bills allowing property tax breaks for recruiting companies pass Senate
NOLA.com
By Jeff Adelson, The Times-Picayune BATON ROUGE -- A pair of heavily amended bills allowing local government to opt in to a program that would allow the state to recruit companies by promising to exempt them from property taxes for a limited time ...

and more »


The Star-Ledger - NJ.com

Revenue shortfall imperils tax cut
Vineland Daily Journal
Chris Christie has been touting and the viability of the 10 percent income tax cut he has proposed. Christie wants to close the current year's budget gap by borrowing against the state's transportation capital fund, reducing salary increases and ...
Chris Christie Lashes Out At Democrats Who Oppose His Tax Cut Plan [VIDEO]New Jersey 101.5 FM Radio
Gov. Christie standing by his plan to cut income taxes, rejects arguments NJ ...The Star-Ledger - NJ.com
Christie Turns to Name Calling on NJ Revenue Report ShortfallBusinessWeek
Asbury Park Press -NJ Spotlight -The Republic
all 145 news articles »


Telegraph.co.uk

Even Fewer Greeks Pay Taxes as Crisis Worsens
CNBC.com
Greeks are notoriously reluctant to pay taxes, but even those that do are holding off at the moment until they are sure their country stays in the euro zone. Two tax officials who declined to be named told Reuters that May revenues fell by 15-30 ...
Euro exit worry prompts more Greeks not to pay taxEmirates 24/7

all 6,384 news articles »


Bartlesville Radio

Oklahoma lawmakers hit stalemate on tax plan; alternative plan dead on arrival ...
Tulsa World
OKLAHOMA CITY - With less than three days left in the legislative session, House Republican leaders on Wednesday scrapped a highly touted tax-cut plan and came up with another one. But it was dead on arrival in the Senate. Senate President Pro Tem ...
State House scuttles tax agreement; has new planMuskogee Daily Phoenix
Proposal contains no tax increasesPryor Daily Times
Oklahoma House scuttles tax agreementNorman Transcript
NewsOK.com -News On 6
all 89 news articles »


The Seattle Times

Swiss brace for flood of tax-leery French
The Seattle Times
President François Hollande's proposed 75 percent tax on income exceeding 1 million euros may push rich French citizens to relocate to Switzerland and lower their taxes through the forfait system, a lump-sum cost for foreigners based on expenditure ...

and more »


Like an Anorexic, US Sees Itself Fat With Taxes
New York Times
NEW YORK — Are your taxes too high? When Gallup asked that question in April , tax month in the United States, 46 percent said they were. An additional 47 percent said their taxes were “about right.” Just 3 percent said their taxes were too low.


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