Thursday, February 1, 2018

Google Alert - tax

Google
tax
Daily update February 1, 2018
NEWS
Microsoft did not specify whether the charge was due to a new repatriation tax. The tax bill requires companies to pay a one-time 15.5% tax on money held overseas, down from the maximum of 35% they would previously paid to return the money. Firms can no longer avoid paying taxes on past ...
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"The return on investment in equity is already attractive even without tax exemptions," he said. "There is therefore a strong case for bringing the long term capital gains from listed equities into the tax net." However, all gains up to Jan. 31 from the sale of shares will be "grandfathered," he said.
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WASHINGTON — Pushing the Republican tax package through Congress was only half the battle for President Donald Trump. Now that it's the law, convincing Americans that it was a good idea is not just a political imperative but an economic one, too. To boost GOP prospects in the midterm elections, ...
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Philip Hammond, the Chancellor of the Exchequer, has ordered the Office of Tax Simplification (OTS) to look at inheritance tax, which he said was "particularly complex". In fact, the OTS will be instructed to ensure the inheritance tax system is actually "fit for purpose" and outline areas where it can be ...
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January 29th was the official first day of tax season even though companies like Turbo Tax and H&R Block have spammed our inboxes since before Christmas. In 2017 the average tax refund was averaged to be $2782. Of course, this amount fluctuates for each household and situation, but what fun ...
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The TCJA imposed one-time tax rates of 15.5 percent on foreign-held cash and cash equivalents, and 8 percent on non-cash, as if that foreign money had been repatriated to the US and hence subject to US corporate income tax. Many firms with large foreign-held cash piles are going to be taking big tax ...
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The Congressional Budget Office said on Wednesday that the United States is expected to bump up against its borrowing limit a month earlier than previously expected, a function of last year's $1.5 trillion tax cut, which is resulting in less revenue for the Treasury Department. According to the budget ...
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A new Monmouth University poll found 44% of Americans approved of the GOP tax law, while 44% disapproved. This was a notable increase from a Monmouth poll in December that showed 26% approval and 47% disapproval. The gain in the Monmouth poll matched improved image outlooks for the ...
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Americans will celebrate the lower tax rates that the new tax reform law brought at the beginning of 2018. By retaining the seven tax brackets that existed under previous law but lowering the rates that apply to most of those brackets, tax reform gave taxpayers a highly visible tax cut that on its surface ...
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Under the headline Deal Done, The National declares that Scottish Green MSPs backed the minority SNP government's budget, agreeing to support the higher tax and spending plans in return for commitments on local council services, and public- sector pay. However, Raid on Scotland's Well-Off, ...
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Planes and a helping hand from tax cuts accounted for 94% of the Dow Jones Industrial average's rise Wednesday—breaking the stock market index's worst losing streak yet in the age of President Donald Trump. On Wednesday, one of biggest U.S. defense contractors, Boeing (ba, +4.86%), jumped 6% ...
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A month ago Republicans passed what was, according to some measures, the most unpopular bill in decades: their tax plan. Today, it's looking more and more like that was a risk well worth taking. A day after President Trump played up the tax cuts in his State of the Union address, a Monmouth poll ...
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"The governor's made very clear that he doesn't think that a carbon tax is appropriate for Vermont," said Peter Walke, who co-chair's the governor's climate commission. Walke says they recommended studying the issue in their initial report last month. "The fact that he's been able to provide that feedback ...
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In 2012, the UK ranked 20th out of a list of 33 rich countries in terms of low-carbon electricity use. In 2017, it jumped to 7th. No other country has ever climbed up the rankings so quickly, according to a study by Imperial College London. How did the UK manage it? It imposed a carbon tax. The carbon tax ...
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Senate tax writers have filed legislation to extend more than 30 targeted provisions that lapsed at the end of 2016, but top House Republicans have expressed less interest in taking up the package, and under the Constitution, all revenue bills must originate in the House. Thus the tax "extenders," like ...
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We may still be basking in the bliss of a new year, but we can't fully say goodbye to 2017 until we take care of one crucial task: filing our taxes. Tax season officially opened on Monday, meaning that you can start filing for the 2017 tax year now. Some of us may be grateful to get the oft-dreaded task over ...
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An internal memo revealed Lowe's will give bonuses and expand some employees benefits, due to new tax legislation. Bonuses will be based on an employee's length of service with Lowe's, and more than 260,000 part- and full-time individuals are set to receive the payouts. Effective May 1, Lowe's will ...
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Localities in West Virginia have long relied heavily on business tangible personal property taxes. These are taxes on machinery, equipment, furniture, fixtures, inventory—really, any sort of property that can be touched and moved. Such taxes are not rare, despite a widespread recognition that such taxes ...
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President Donald Trump has touted the tax changes as a boon to workers. So far, though, many companies have opted to reward employees with one-time bonuses -- rather than permanent pay raises. At Hostess, Executive Chairman C. Dean Metropoulos said he expects to invest further in employees ...
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"Since we passed tax cuts, roughly 3 million workers have already gotten tax cut bonuses — many of them thousands and thousands of dollars per worker — and it's getting to be more every month, every week. Apple has just announced it plans to invest a total of $350 billion in America and hire another ...
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A Wyoming legislative committee has rejected all the tax proposals it was considering to bolster the state's sagging revenues. Jan. ... The committee on Wednesday rejected five proposals that would increase state taxes, including the state sales tax to fund K-12 school construction and maintenance.
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An independent study to gauge the fairness and accuracy of residential property tax assessments in Cook County was scheduled to be completed in mid-December, records show, but now its first findings may not be delivered until the end of February — days after early voting commences in an election ...
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The Centre for Research on Multinational Corporations, known as SOMO, alleged in a report that Rio and its Canadian subsidiary Turquoise Hill used so-called mailbox companies in the Netherlands and Luxembourg to avoid $470 million in Canadian taxes and $230 million in Mongolian taxes.
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Rick Snyder is taking a page out of the state Democratic playbook with a new plan to fund toxic cleanups and monitor water quality: Tax trash. On Tuesday, Jan. 30, Snyder proposed raising $79 million annually to, among other things, cleanup and redevelop polluted properties, tackle emerging ...
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LINCOLN, Neb. (AP) — Nebraska Gov. Pete Ricketts pitched a new version of his property and income tax plan to lawmakers on Wednesday but acknowledged that it still needs some work to pass this year. Ricketts stressed the need for compromise in his remarks to the Legislature's Revenue ...
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ALBANY - New York farmers can take advantage of a charitable food tax credit available this year. New York farmers can get a tax credit for certain food donations they make to food banks, pantries and emergency food programs. The program was approved by the state Legislature last year and started ...
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Profits at Royal Dutch Shell more than doubled in the fourth quarter of last year, despite the group taking a $2bn charge related to President Donald Trump's US tax reforms. The recovery in oil prices coupled with cost cuts after a three-year downturn are fuelling a resurgence in profitability at Shell and ...
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A state panel advising the General Assembly on how to reverse Connecticut's economic decline is considering a revamp of state taxes, including ending the estate tax, a business executive said Wednesday. James Loree, the chief executive officer of Stanley Black & Decker Inc., is leading efforts by the ...
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"I congratulate and thank the Legislature for accepting my challenge to make this commonsense tax relief 'Job One' for the 2018 session," said Governor Otter, who was joined by legislative and business leaders at the Capitol for a signing ceremony. "Idaho's job creators large and small will benefit from ...
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Repairing an aging infrastructure is worth the price of gas tax hikes, said Bob Lutz, CEO of VLF Automotive, an American-based automotive company. "We've got the cheapest gasoline in the civilized world," Lutz told CNBC on "Squawk Alley." "A nickel here or a dime there, with the weekly fluctuations in ...
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Ebay posted a loss for the key holiday quarter on Wednesday as it booked a $3.1 billion charge from the recent changes in U.S. tax laws. EBay's net loss from continuing operations was $2.6 billion or $2.51 per share. A year-ago it earned $5.95 billion or $5.31 per share. The fourth-quarter loss included ...
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"Tax reform is just having an extraordinary impact on earnings. Analysts since the tax package was enacted have raised their earnings by $7 a share for this year," Yardeni said Wednesday on CNBC's "Trading Nation." "We've been reading some of these conference calls the companies had, and it ...
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San Diego's Associated General Contractors chapter and the Coalition for Fair Employment in Construction fear that a hotel-tax measure includes a backdoor attempt to allow a controversial project labor agreement – and that could spell trouble for the tourism and labor coalition behind the measure.
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Lower taxes are combining with record jetliner deliveries to fuel the cash gush at Boeing, the biggest gainer on the Dow Jones Industrial Average in 2017 and so far this year. In an earnings report Wednesday, the company predicted the first annual sales growth since 2015 and said operating cash flow, ...
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To boost GOP prospects in the midterm elections, Trump needs to show that Republicans are delivering on long-promised tax relief. And to meet the ambitious economic growth projections underpinning the law, the White House needs businesses and ordinary Americans to boost their spending in ...
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If your income was less than $66,000 in 2017, many online tax services, like H&R Block and TurboTax, offer the option to file for your federal taxes — and sometimes state taxes — at no cost. You can check your options using the IRS Free File Lookup tool. You can still file for free if you make more than ...
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FRED ZWICKY/JOURNAL Peoria Notre Dame senior Dana Salgado, left, helps her mom, Angelica, as staff from Peoria Notre Dame High School assist parents apply for Illinois' new tax credit scholarships, which was supposed to start online at noon. However, the web site was not allowing anyone to ...
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... health insurance, a move expected to significantly grow the pool of people without health insurance. Recent research demonstrates strong links between health insurance and a much broader array of insurance products, meaning that the effects of the new tax law may ripple out to non-health insurers.
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Washington – Bloomfield-based Cigna is the latest American company saying it is giving its workers a raise because of the recent GOP-led tax overhaul. In a statement released Wednesday, the health insurer said "the net financial benefits of United States tax reform will allow the company to further ...
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Vigo County, Ind. - If you eat out, you're bill may be slightly higher than you're used to. So that dollar sandwich won't just be a dollar and seven cents. With a local food and beverage tax picking up steam in the state house, many local residents say this is not something they want on the menu.
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The wireless giant reported a supposed $0.13 EPS beat for the quarter, but this was all related to an $800 million increase in adjusted net income in the quarter due to tax reform. This benefit amounted to roughly $0.13. The area where I keep hammering on the company is video net adds. AT&T paying a ...
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Roche and Pfizer Inc. have been among the beneficiaries of President Donald Trump's corporate tax changes, with Pfizer gaining nearly $11 billion from the revamp in 2017. Roche estimates its benefit will be in the high three-digit millions of Swiss francs. Sales of Avastin, Roche's third-biggest drug, ...
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Lenovo reported a surprise net loss of $289m in the December quarter as the Chinese computer manufacturer recorded a one-time write-off of $400m of deferred income tax assets thanks to the tax reform passed in the US at the end of 2017. An average of analyst estimates had forecast net profit for the ...
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Michael Gove, the environment secretary, has hit out at privatised water companies over their use of tax havens and "opaque financial structures". In a letter to Jonson Cox, chairman of Ofwat, the water regulator, Mr Gove warned that public concerns surrounding the behaviour of big water companies ...
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As tax-filing season gets underway, one of the first questions Americans ask is: How quickly will I get my refund? The good news: The IRS expects to issue over 90 percent of refunds in less than 21 days. And if you file electronically and request direct deposit, you could get your money in as little as 14 ...
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The city's tax base grew by more than 6 percent in the past year, a development that could bring in millions of dollars in new revenue without a tax increase. Much of the increase was the result of a revaluation of property in town, which drove up assessments across the city, particularly on mid-sized and ...
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Williamson County residents will have one last chance Tuesday to vote on a proposed sales tax hike, a measure introduced to help pay down school construction debt. Some residents have already cast ballots during early voting which ran from Jan. 17 to Feb. 1. The sales tax referendum has galvanized ...
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AT&T Inc reported quarterly profit that beat analysts' estimates on Wednesday, helped by tax cuts and new wireless subscribers, and its chief executive voiced confidence the company will complete its $85.4 billion acquisition of Time Warner Inc. The U.S. Department of Justice sued to block the deal last ...
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Shoppers and diners in Naperville could see an increase in the city's sales tax rate later this year if Naperville City Council members approve a proposal to increase it from 0.5 percent to 0.75 percent. Council members Tuesday will begin discussing the possibility of raising the city's home rule sales tax, ...
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Montana's tax policy is outdated and does not reflect recent changes to the state's economy, which has seen a marked shift away from non-service jobs ... While many economic mechanisms are out of its control, ultimately the state bears some responsibility for the effectiveness of its tax policy, Haggerty ...
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WEB
Tax Reform
Whether you file single or jointly, we've got answers for you!
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EXPLAINED: Budget's 10% LTCG tax and Rs 40K deduction
'The only good thing is people will not be required to maintain their medical bills and invest time in that.' | EXPLAINED: Budget's 10% LTCG tax and Rs 40K deduction.
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Form 1042-S
Use the Comment on Tax Forms and Publications web form to provide feedback on the content of this product. Although we cannot respond individually to each comment, we do appreciate your feedback and will consider all comments submitted. CAUTION: We cannot respond to tax-related questions ...
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Pay your council tax
Pay your council tax online, by direct debit or card. Find out about other ways to pay.
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Federal Tax Reform & the States
Key Findings. States incorporate provisions of the federal tax codes into their own codes in varying degrees, meaning that federal tax reform has implications for state revenue beyond any broader economic effects of tax reform. Because the base-broadening provisions of the new federal tax law often ...
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Rep. Krishnamoorthi on Democrats downplaying tax cuts
Democratic congressman from Illinois on whether Democrats are underestimating the impact of Republican tax reform.
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Trump hears tax reform success stories from US workers
Jergens Inc. employee Jessica Melendez speaks out on meeting the president at the White House.
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Poll
West Long Branch, NJ - Donald Trump's job approval rating has bounced back from the record low registered in last month's Monmouth University Poll , as more Americans now see the president as having achieved some legislative success. The poll finds that support for the recently passed tax reform ...
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OUT OF TOUCH: Pelosi Calls Trump Tax Cut Bonuses To Working Americans A
In our last piece about Rep. Nancy Pelosi (which was earlier this week), we said she'd be saying something stupid again real soon. And she didn't disappoint. A day after President Trump's State of the Union address, Pelosi took to the microphones to decry, well, everything he said. But she got stuck on ...
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Georgia HEART Tax Credit Form
Georgia HEART Tax Credit Form. Share. Select 'First Time Donors' to begin the donation process. If you have questions, please contact us at heart@georgiaheart.org. Thank you! RETURNING DONORS FIRST TIME DONORS ...
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Claim Council Tax support
Claim Council Tax support. You may be eligible for Council Tax Support (sometimes called Council Tax Reduction) if you're on a low income or claim certain benefits. Please note: Council Tax Support replaced Council Tax Benefit in 2013. Facebook · Twitter. © Copyright 2018 London Borough of ...
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OTS Tax Service
Get directions, reviews and information for O T S Tax Service in Houston, TX.
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Timing Tax Savings With Deduction Lumping And Charitable Clumping
How to reduce taxes through tax deduction lumping and charitable clumping due to the higher standard deduction under the Tax Cuts and Jobs Act of 2017.
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excise tax
excise tax - Translation to Spanish, pronunciation, and forum discussions.
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corporate tax
corporate tax - Translation to Spanish, pronunciation, and forum discussions.
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Council tax
Pay your council tax by Direct Debit [Apologies, not currently available.] What it is and council tax band information · Council tax band charges · Discounts available - including information about empty properties; Second adult rebate · How to pay your council tax · Council tax leaflet that explains where ...
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GEHA health members can receive 1095 tax forms electronically
GEHA offers our members the chance to receive their 1095 tax form electronically. If you complete the opt-in process, we'll email you when your 1095 tax form is ready to download.
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Govt introduces long-term capital gains tax on equities
Jaitley said returns from the stock market are quite attracting and it was time to bring them under the ambit of capital gains tax. | Govt introduces long-term capital gains tax on equities.
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Tax free cryptocurrency mining countries
I've been searching and the only one I can seem to find that is definitely completely tax free for trading, mining and basically all profits from...
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Tax Information for Driver-Partners
Partners, have questions about taxes? Find information to make filing your taxes as simple and affordable as possible.
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Get your maximum refund with TurboTax's $65 Home & Business tax software
This digital tax software will be as much fun to use as it was to write about!
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"Tax Havens" Put the EU States to Shame
The European Union has created a blacklist of 17 so-called tax havens. Another 47 countries and territories are on a "watch list," a blacklist waiting room of sorts. Michael Klein, editor of the Cayman Financial Review, succinctly explains the purpose behind the blacklist: The EU claimed tax legislation, ...
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Understanding the New Tax Law
Congress passed the most significant overhaul of the U.S. tax code in 30 years, but what does that mean for you? This month, the Internal Revenue Service released its new tax-withholding tables, giving Americans a glance at how their take-home pay will be affected this year. Our friends at Consumer ...
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Insurance Tax Compliance Solution • Sovos
As the only end-to-end compliance solution with IPT support in more than 30 countries, Sovos elevates Insurance Premium Tax (IPT) compliance by enabling non-life insurance industry across Europe acquire capability and simplify operations, while decreasing costs and mitigating risks.
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The New Wealth Transfer Tax Laws and Their Impacts On Existing Estate Plans
On January 1, 2018, the current federal estate tax, gift tax, and generation skipping transfer (GST) tax exemption levels were increased dramatically to $11,180,000 per person ($22,360,000 combined for a married couple). These amounts will increase yearly, as they are indexed for inflation. However ...
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Estate planning after the 2017 tax act
Paper house and calculator on top of a book, showing estate planning On Dec. 22, 2017, President Trump signed into law what is commonly known as the Tax Reform and Jobs Act of 2017 (2017 Act). As explained in more detail below, the 2017 Act increased the estate, gift, and generation-skipping ...
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Bitcoin Tax Payments Bill Advances in Arizona
Lawmakers in Arizona have advanced a proposal that would allow residents in the state to pay their taxes in bitcoin. CoinDesk reported earlier this month that a proposed law before the Arizona legislature would, if approved, let taxpayers make their payments in bitcoin or other cryptocurrencies. The bill ...
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Tax dispute over Chibuku beer costs economy Shs10 billion
Finance minister Matia Kasaija said they gave Chibuku beer tax exemptions to promote the brand and make it sustainable. However, he says, now that the.
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Tax Reform: Provisions Directly Affecting Tax-Exempt Organizations
The Tax Cuts and Jobs Act was signed into law on December 22, 2017. This tax reform law includes the following changes directly affecting nonprofit and tax-exempt organizations, and those who donate to them.
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What Could You Do With Your Tax Refund?
A tax refund can be a great financial boost. But what should you do with the money? We've got some ideas you may want to consider.
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What Do the Recent Tax Cuts Mean for Your Donation?
The tax cuts that went into effect this month have nonprofits and donors alike scrambling to learn more about how they might affect charitable giving. While these changes to the tax code could have a lasting impact on many charities, the Alliance is thankful for the support of many faithful, consistent ...
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Legislation to Protect Californians from Trump Tax Hikes Passes State Senate
SACRAMENTO – The California State Senate today, in a bipartisan vote, passed Senate Bill 227. Authored by Senate Leader Kevin de León (D-Los Angeles), SB 227 is one of two measures designed to protect California taxpayers from federal tax increases under the Republican tax overhaul Congress ...
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My tax documents still aren't available
Official Tax documents, including the 1099-K and 1099-Misc should be already be available in your partner dashboard. If you do not see this form on your dashboard, check to make sure you are eligible. Not all partners will receive an official tax document. For more information on which tax documents ...
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January Compliance Updates: Tax Code, Payroll Cards
Get your January compliance updates on the federal tax code, payroll card changes, and more to ensure you're staying compliant.
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New Motor Fuel Income Tax Credit
Heads up South Carolina residents! Here's another way to save on your taxes. To help state residents offset some of the gas tax increase, South Carolina will allow taxpayers to deduct gas purchases or preventative car maintenance costs (whichever costs less) on their income tax returns this year.
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Property Tax Relief for Wineries (and others) after California Wildfires and Mudslides
Following the devastating wildfires and mudslides in Ventura and Santa Barbara counties, many wineries and other property owners will be eligible for property tax relief with California's Revenue and Taxation Code 170. California Revenue and Taxation Code Section 170 provides for property tax relief ...
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AWFUL. Pelosi Now Calls Trump Tax Cut Bonuses to Working Americans a
Home Depot was one of the recent US corporations to announce Trump tax cut bonuses to their employees last week. According to FOX Business Network 289 COMPANIES HAVE NOW ANNOUNCED BONUSES TO EMPLOYEES THANKS TO THE TRUMP TAX CUTS Over 2 million US employees will ...
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Entry Level Tax Associate
description. Our client, a leader in the financial services industry, has an exciting opportunity for a Tax Associate! This is a long term temporary assignment which provides great experience with one of the world's largest financial services companies. Some duties include: -Evaluates forms submitted by ...
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State Tax Conformity: Revenue Effects
State Tax Conformity: Revenue Effects. Following the passage of the Tax Cuts and Jobs Act, the debate on tax reform has shifted from Washington, D.C., to all fifty states. States incorporate provisions of the federal tax codes into their own codes in varying degrees, meaning that federal tax reform has ...
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St. Joseph woman sentenced for $1.5 million tax fraud scheme
KANSAS CITY, Mo. – A St. Joseph woman was sentenced in federal court Tuesday for her role in a $1.5 million tax fraud scheme as well as for individual tax fraud. Timothy A. Garrison, United States Attorney for the Western District of Missouri, announced that Dawn Langlais (formerly Ankrom-Brown), 60 ...
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Individual Income and Withholding Tax Division Director
Job Class: Revenue Tax System Director 3. Job ID: 19727. Location: St. Paul. Full/Part Time: Full-Time. Regular/Temporary: Unlimited. Who May Apply: Open to all qualified job seekers. Date Posted: 01/29/2018. Closing Date: 02/20/2018. Hiring Agency/Seniority Unit: Revenue Department / Revenue- ...
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Tax Forms
Understanding tax forms and requirements can be complicated. To help, we have created resources to answer frequently asked questions.
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State & Local Tax Senior Associate
Job Description for State & Local Tax Senior Associate in Philadelphia, Pennsylvania - Grant Thornton 039413.
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Bdo tax
Our tax professionals draw on deep BDO USA, LLP was founded A group of DC government employees had embezzled funds by fraudulently issuing real estate tax refund checks to their friends. Why the Tax area of BDO? BDO provides tax services in Brazil and abroad, helping your company to deal ...
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Local Option Sales and Services Tax
Ankeny residents have the opportunity to vote on a local option sales tax during a special election on March 6. If approved, this tax would generate $6.8 million for the City of Ankeny and more than $79 million county-wide. The City of Ankeny approved ballot language that establishes: 65 percent of the ...
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Annual tax credits report: 2016 to 2017
Annual report from the Commissioners for HMRC to the Treasury on tax credits under section 40 of the Tax Credits Act 2002.
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