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25 Apr 2019, 10:36 am by Kevin Kaufman
Corporate income taxes accounted for 7.07 percent of total tax revenue. [read post]
2 Jul 2023, 3:02 pm by Russell Knight
Just show the court the current tax returns, pay stubs, and/or income statements. [read post]
12 Mar 2018, 7:41 am by John Buhl
What’s more, corporate taxes make up such a small portion of total state and local tax collections (just 3.7 percent in FY 2014) that cutting state corporate rates can be an attractive economic tool to boost growth without sacrificing lots of revenue that legislators use to pay for government services. [read post]
3 Jan 2019, 3:45 pm by Pamela Avraham
Note that the law also establishes a $10,000 limit on the combined total deduction for state and local income (or sales) taxes, real estate taxes, and personal property taxes. [read post]
16 Apr 2011, 8:04 am
* An Ohio man is charged with tax evasion for allegedly failing to report portions of his income earned in 2005 through a skilled-gaming business he owns in a purported attempt to evade tax liability, and he is also accused of paying no taxes in 2006 and 2007, despite the Government's claim that he had a combined taxable income of $329,420 and owes a total of $80,916 in back taxes for those two years [read post]
4 Oct 2021, 12:38 pm by Law Offices of Ralph Behr
As of 2021, there are three tax brackets for long-term gains, which you fall in is dependent on your total net income: 0%, 15%, or 20%. [read post]
13 Feb 2011, 8:35 pm by Russ
His “Tax Prep” (also called “24 Hour Income Tax Refund Service”) was doing a bang-up business in the Bronx and across the river in New Jersey. [read post]
11 Jan 2018, 1:59 am by Sean Hayes
Decree Focuses on Boosting Investment and Broadening Tax Base The government announced a revision to a total of 17 tax enforcement decrees, including ones to help create jobs, improve income and broaden the tax base. [read post]
29 Nov 2011, 10:22 pm by Stu Ellis
  They report that even with the expected increase in expenses, total expenses as a share of gross farm income, at 76%, will be 2% less than last year. [read post]
7 Sep 2008, 10:42 pm
The central claim is that Obama would raise taxes somewhat on taxpayers with incomes above $250,000, lower taxes somewhat on everyone else, and that the net effect would be a reduction, not an increase, in tax revenues. [read post]
18 Mar 2021, 9:45 am by Kevin Kaufman
However, dividing total taxes collected by governments in a state by the state’s total income is not an accurate measure of the tax burden on a state’s residents as a whole because it does not accurately reflect the taxes that are actually paid out of that state’s income. [read post]
19 Feb 2020, 7:09 am by Kevin Kaufman
Assembly Bill 910 and companion bill Senate Bill 821 would reduce individual income taxes for low- and middle-income taxpayers by increasing the standard deduction. [read post]
24 May 2024, 7:22 am by Stefana
are often deductible Services & subscriptions: Services like software (e.g. [read post]
24 Nov 2020, 2:18 pm by Kevin Kaufman
For example, rules related to Global Intangible Low Taxed Income (GILTI), which the Treasury Department finalized this year, may be examined and modified to provide a less generous high-tax exception, which currently allows corporations to opt out of paying GILTI if they pay sufficiently high tax rates on certain income sources from abroad. [read post]