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30 May 2024, 7:00 am by Mike Habib, EA
For professional tax preparation service call 1-877-788-2937. [read post]
9 Sep 2021, 2:47 pm by Kevin Kaufman
Property taxes hew closely to the benefit principle, where tax liability is roughly in proportion to the value of government services received by the property owner. [read post]
21 Dec 2017, 12:26 pm by Gary Botwinick
Certain student loans that are discharged on account of death or total and permanent disability of the student are excluded from gross income. [read post]
21 Dec 2017, 12:26 pm by Gary Botwinick
Certain student loans that are discharged on account of death or total and permanent disability of the student are excluded from gross income. [read post]
21 Dec 2017, 12:26 pm by Gary Botwinick
Certain student loans that are discharged on account of death or total and permanent disability of the student are excluded from gross income. [read post]
2 Apr 2019, 6:21 am by Michelle Buhalo
", "Does virtual currency paid by an employer as remuneration for services constitute wages for employment tax purposes? [read post]
27 Jul 2023, 8:50 am by Buckingham
This does not change employers’ obligation to withhold taxes based upon where the remote worker actually performed the services. [read post]
9 Oct 2018, 7:58 am by Kevin Kaufman
Only seven states include groceries in their sales tax base, while only one taxes prescription drugs.[14] Combining the broad exemptions for both goods and services means that the median state sales tax base only taxes 23 percent of personal income.[15] Additionally, most state sales taxes actually include significant amounts of intermediate transactions. [read post]
13 Aug 2020, 3:19 pm by Colby Pastre
On the other hand, higher-spending households employ a greater proportion of their total expenditure on items that in most countries are either untaxed or exempt from tax, like financial services or international air travel. [read post]
29 Dec 2009, 10:32 pm by shellis
Holcomb and Hachfeld say the IRS may say the total incentive and sale proceeds exceeds the value of the herd and the income must be reported as ordinary income subject to self employment tax. [read post]
15 Apr 2016, 8:05 am by Cathy Moran
His effective tax rate is the percentage of his total income that is paid in tax. [read post]
21 Dec 2017, 6:35 am by JB
The bill is enormously unpopular with the public, and it should be; the process by which the bill was passed is evidence of a guilty conscience.The tax bill will create deficits, but the total additional deficits are still relatively small in proportion to the total amount the federal government spends. [read post]