Taxes Information

Taxes Information

Deducting Points On Home Refinances


Deduction of Refinance PointsAny points that you pay in the refinancing of your residence are tax deductible over the length of the loan in question. The deduction is allowable only if the residence is your primary home and the new mortgage replaces a previous one and/or is used to improve the residence.

Small Business Tax Deduction - Write-Off Bad Debts


Practically every small business has receivables that it cannot obtain from clients. If your small business doesn't have any such receivables, consider yourself lucky.

Small Business Tax Credit - Americans with Disabilities Act


Many small businesses complain when confronted with the expense of complying with the Americans with Disabilities Act. Most do not realize that there are a number of tax incentives available to offset the costs.

IRS Reports Tax Gap of $300 Billion


The Internal Revenue Service is reporting that the difference between what U.S.

Tax Deduction for Alimony Payments? - Yes!


Over 50% of marriages end in divorce in the United States. Many divorce decrees include provisions for the payment of alimony.

2005 Ford Escape Hybrid Certified For Clean-Fuel Deduction


If you are environmentally conscious and purchase a 2005 Ford Escape Hybrid vehicle that combines a gasoline-powered engine with alternative power methods, you are in line for a nice tax deduction.Ostensibly, the government uses clean power tax deductions as a method to promote the use of vehicles that are less harmful to the environment.

Truly Bizarre Taxes: The Tax on Illegal Drugs


One can never underestimate the enthusiasm that politicians have for trying to hunt up tax revenues. The creativity of some politicians can lead to bizarre taxes and unfortunate results.

Rental Property Tax Deductions


Own residential rental properties? This article discusses how income from those properties impacts your taxes.What Constitutes Revenue?Generally, rental income is defined as any revenue you receive from the occupancy or use of residential property.

SFR Substitute for Returns: IRS Action on Non-Filers


In the latest Star Wars episode, the evil empire executes a brutal revenge on the Jedi. While the IRS is not an evil empire (and due to the Revenue Reform Act of 1998 not very brutal anymore); it too is executing revenge on those who do not comply with filing their tax returns.

Employment Taxes - What Are They?


If you have employees, you are responsible for paying a variety of taxes at the federal, state, and local levels. You must also withhold certain taxes from the paychecks of your employees.

Section 179 - Tax Relief From Depreciation Rules


"Depreciation." For business owners, this word is the one most likely to inspire headaches and fits of cussing.

Highlights of IRS List of 2005 Tax Scams


Each year, the IRS lists various scams taxpayers get caught up in. The top 2005 scams include several that manipulate laws governing charitable groups, abuse credit counseling services or rely on refuted arguments to claim tax exemptions.

Identity Theft - Impacting Your Taxes?


If your identity is stolen, your finances can quickly become a nightmare. A less obvious problem is the effect identity theft can have on your taxes.

Correspondence From The IRS - Yikes!


It's a moment every person dreads. You pick up the mail and there is an envelope from the IRS.

Access to E-records by Taxing Authorities: A Case for Pakistan (Part I)


Background issues of access to recordsTo assess the records at hosted remote retained out of the jurisdiction of Pakistan root many legal issues which are needed to be addressed. Hereinafter there is description of the emerging legal issue of access to e-records.

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MORE RESOURCES:

Voice of America

Export Tax That Angers Farmers Advances in Argentina
New York Times, United States - 6 hours ago
Legislators debated for more than 15 hours, starting at 7 pm on Friday, before voting 129-122 to approve the export tax system created by President Cristina ...
Argentina's lower house of congress backs grain-export taxes that ... Malaysia Star
Argentina parliament backs tax hike Aljazeera.net
Argentine MPs increase farm taxes BBC News
The Money Times - New York Times
all 152 news articles


ITV.com

Economic downturn means the next government might have to increase ...
Telegraph.co.uk, United Kingdom - 20 hours ago
But the outlook for the public finances suggests that the first Budget of an incoming Tory government might have to increase taxes rather than (aspire to) ...
Tory plan to cut fuel duty ePolitix
Tories would cut 5p a litre off cost of fuel by using tax surplus ... Times Online
Conservatives reveal plans for fuel tax reform Telegraph.co.uk
all 133 news articles


EDITORIAL: Start cutting state taxes
Niagara Gazette, NY - 17 hours ago
NIAGARA FALLS — The signs from Albany that the leadership is finally getting a clue about New York’s stifling property taxes continues to be encouraging. ...
You Had a Friend in Albany New York Times
Upstate residents will judge Skelos by deeds, not words Press & Sun-Bulletin
The dean of Albany Long Island Business News (subscription)
13WHAM-TV - Buffalo News
all 15 news articles


That topic we love to hate
Atlanta Journal Constitution,  USA - 3 hours ago
As we all learned in history class, discontent over British-levied taxes ranked high among the grievances that led to the Declaration of Independence and ...
Tax Boost on Dividend Income Wall Street Journal
Is Obama Dragging Down Stock Prices? Consumer Affairs
Pocketbook policies World Magazine
all 4 news articles


Taxes: Shared responsibility makes citizenship priceless
Orlando Sentinel, FL - 14 hours ago
The government and those not involved in the prosecution of the war had a deep aversion to paying taxes to support the conflict, and the national government ...
Amendment 5 worries local businesses Florida Today
Tax Swap Battle Continues in Florida WCTV
all 6 news articles


Gas and other taxes will play big role in fall campaign
Louisville Courier-Journal, KY - 13 hours ago
Mitch Daniels, a Republican, suspend the state sales tax on gasoline to save drivers about a quarter on a gallon of gas. Daniels, citing an opinion from the ...


Affordability issue in governor's race
Boston Globe, United States - 6 hours ago
In late June, Douglas called a news conference to lambaste lawmakers for not doing anything this year to stem rising property taxes. ...


Sioux City Journal

McCain’s Fuzzy-Math Health Care Plan
CBS News, NY - Jul 5, 2008
Senator Is Supposed To Keep Taxes From Going Up, But It May Not Work Out That Way John McCain's health care plan may work out differently than he has ...
McCain's health plan: A threat to employer plans? The Associated Press
all 136 news articles


Transportation funding looms large
Newsday, NY - 7 hours ago
"This spending plan will inevitably lead to calls for higher taxes or tolls because it fails to address the state's transportation needs," said Kean, ...


Sorry, treasurer: Wheel, motorcycle taxes paid first
South Bend Tribune, IN - 11 hours ago
Now, with the unfair wheel tax of $90 that I have to pay and the unfair $10 administrative fee (tax) on my motorcycle plates, I just didn't have enough left ...

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