Friday, March 30, 2018

Google Alert - tax

Google
tax
Daily update March 30, 2018
NEWS
China's finance ministry said on Friday it has introduced new tax breaks and exemptions for firms making semiconductors, seeking to limit dependence on foreign chips amid trade tensions with the United States over technology transfers. The move comes as the United States is considering imposing ...
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Following a report yesterday about his feelings toward Amazon, President Trump fired a tweet this morning aimed at the online retail giant. "I have stated my concerns with Amazon long before the Election," he wrote. "Unlike others, they pay little or no taxes to state & local governments, use our Postal ...
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The CPC-P provides advocacy and support for its members by monitoring legislative and regulatory developments and promoting policies that allow private companies to grow and remain competitive. As a tax professional who has not seen comprehensive tax reform since 1986, I have been delighted to ...
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In an attempt to address the matter locally, Robertson's administration passed a tax on empty homes — controversial to some — that the city believes will limit the impact of housing speculation and also provide funding to help build more affordable housing. Properties deemed vacant are subject to a tax ...
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It lists an employee's earnings, tax withholding, Social Security number and address -- in other words, everything a scammer needs to file a fraudulent tax return. Scammers most commonly obtain W-2 forms via email fraud. In a typical attack, the head of human resources receives an email appearing to ...
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Some analysts expect selling in bitcoin and other cryptocurrencies to pick up towards the mid-April deadline to file U.S. taxes as first-time investors realize they need cash to pay capital gains tax. After a massive run higher in 2017, cryptocurrencies have fallen sharply to start the year due to regulatory ...
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The company said it will allocate $150 million over five years to expand its existing tuition assistance benefit, an investment "accelerated by changes in the US tax law." Starting May 1, eligible restaurant employees can receive $2,500 a year, up from $700 previously, and managers can receive $3,000 a ...
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Why is the U.S. Olympic Committee a tax-exempt organization? Oh, I know that there is a special provision in the tax law that grants non-profit status to organizations that "foster…national or international amateur sports competition." The USOC does foster international sports competition, though ...
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The court reasoned at that time that mail-order business was minor compared to in-store sales and that catalog retailers would be saddled with too much of a burden in having to figure out the correct sales tax, given that taxes differ among the states and even among cities within a given state. In 1992 ...
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Right now, we do see the benefits of the tax cut coming into individuals' and corporations' coffers. But as one who came from the Midwest, I'd seize upon a corny line and say "You need to make hay while the sun shines." We're in the ninth year of the economic expansion, and the bull market is nine ...
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Oklahoma has done something many political watchers didn't think was possible: the Republican-controlled legislature has approved a tax increase to give teachers a pay raise. Teachers in the state say they need more money, and they'll stick to their planned walkout next week. The Department of ...
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(Reuters) - Oklahoma's Senate on Wednesday approved legislation for the first major tax increase in a quarter century to help fund pay raises for teachers and avert a strike. Low teacher pay in the United States came into focus earlier this month when educators in West Virginia, whose pay is slightly ...
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Poor Katie B. writes The Watchdog that someone from the Internal Revenue Service called her and said that unless she paid $2,000 in back taxes, patrol cars were coming to her house. She believed ... The Watchdog here shares some of the slimier tax scams of 2018, called the "Dirty Dozen by the IRS.
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CHELMSFORD -- Board of Selectmen candidates found themselves in the hot seat over their positions on tax classification at the Wednesday Candidates Night held by the Chelmsford Business Association, which strongly opposes splitting the tax rate. Moderator Doug Hausler peppered incumbent ...
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Asked for her view of a major tax break Cuomo has championed for the film and television industry, Nixon said she is studying the issue. But, she quickly added, "I don't think there's any real truth that that enormous expenditure of money is making a significant enough different in production to justify it.
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As the mad dash to file 2017 tax returns nears the finish line, here is the most important tip: with forms in hand, start thinking about this year's taxes. Congress passed the biggest tax overhaul in three decades late last year, and most provisions took effect Jan. 1. Americans who don't check now to learn ...
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The law, aimed mainly at keeping wealthy New Yorkers from moving, is one that several high-tax states, including New Jersey, Connecticut and California, are considering to fight the tax plan approved by Congress and signed by President Trump. In New York, Gov. Andrew Cuomo has vowed to try to ...
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Tax refunds will be hitting the bank accounts of scores of investors in the coming weeks, with many conjuring up ways to spend their overpayments to the Internal Revenue Service. But a better option and one that can diversify the potential tax hit in retirement is a Roth IRA. "Setting money aside in a Roth ...
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NEW YORK — DMX's attorney played the rapper's song "Slippin'" during his sentencing on Wednesday to help the musician express his struggles, but it was not enough to convince a judge to let the rapper off the hook. Instead, the judge ordered the rapper imprisoned for a year in a tax fraud case.
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Owners of valuable private companies received a boon in the 2017 tax bill, but the opportunity to take advantage of it is limited to those who act soon. Under the bill, the federal estate and gift tax exclusion amount has been nearly doubled to $11.18 million per person, or $22.36 million per married ...
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To find out, enter your age, your gross income for the year (that's all the taxable income you've earned including money, goods, property), and your filing status (whether you're filing as a single person, married filing jointly, married filing separately, or head of household) into this IRS tax filing tool.
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With end of the tax year fast approaching, wealthy taxpayers can take advantage of the long Easter bank holiday to assess their finances to minimise various tax liabilities. Accountants and advisers report that higher-rate taxpayers are rejecting tax avoidance schemes and focusing instead on simple ...
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More than three months after the passage of the GOP's tax-cut law, new surveys suggest that many people don't think they are getting bigger paychecks, which could cut into support for Republicans in this fall's midterms. A CNBC poll this week stated that just 32 percent of working adults reported having ...
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Missouri's Republican Senate leaders are expressing reservations about a massive tax overhaul given initial approval by the chamber. ... he's concerned the plan would raise taxes on some while reducing them for others, and he notes that Missouri already is implementing previously approved tax cuts.
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It would amount to just $7.50 a year per employee, but in Connecticut's business climate where the mention of higher taxes stokes anxiety among business owners, the proposal — called an "administrative assessment" contained in legislation adopting Gov. Dannel P. Malloy's budget recommendations ...
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As Americans begrudgingly work through their taxes this year, many could be facing a moral struggle about whether to be honest or not. They might be thinking about exaggerating that donation to Goodwill, or not reporting that side job, among other things. It is true that each year many people do cheat ...
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If you're like most Americans, you see tax season as stressful - especially as the April 15 deadline looms. But, you're not alone. About 85 percent of taxpayers overstate their actual federal income taxes, according to new research from Michigan State University. Charles Ballard, professor of economics, ...
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Rapper and actor DMX was sentenced to one year in prison for tax fraud for evading taxes from 2010 to 2016. DMX, whose real name is Earl Simmons, was accused of concealing millions of dollars in income from the Internal Revenue Service and avoided paying $1.7 million of tax liabilities. He pled ...
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Beth Beskin, R-Atlanta, would also change the way Atlanta advertises its tax rates. Now, the city is required to advertise tax increases if it doesn't roll back its tax rates to a revenue-neutral number. In the future, it would no longer be required to do so. "Most people would rather have a few hundred dollars ...
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The details announced Wednesday are the first part of a total of 800 billion yuan ($127 billion) in tax cuts this year for individuals and enterprises announced by Premier Li Keqiang earlier this month. Those combined with reductions in business fees add up to savings of 1.1 trillion yuan, according to the ...
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With the recent changes in the tax code, Americans have been debating what rate high earners should pay. Here's a thought experiment: How about offering those in the highest bracket a choice of rates—say, 37%, 40%, 45% even 50%. They could choose to pay whatever rate they wanted—but they ...
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OPIOID TAX: Cuomo's call for a 2-cent-per-milligram tax on opioid manufacturers has raised concerns with Republicans, who say they worry the tax will be passed on to consumers, or that it won't be dedicated to efforts to combat addiction as Cuomo has said. Last minute negotiations were focused on ...
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WASHINGTON—Americans are saving rather than spending their extra dollars from the recent tax overhaul, which likely held back economic growth in the first quarter. Consumer spending rose at a muted pace in February for the second month in a row, despite gains in household incomes both before ...
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The state has acknowledged it probably overestimated the tax benefits to low-income families, and has taken down a report that included the calculations. The Hawaii Budget and Policy Center also dinged the state for understating the benefits of the federal tax overhaul to high-income households.
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Sales tax is the kind of revenue source that could generate enough money for a transit plan the size of Nashville's. But critics say there could be better options — or balk at the idea that transit is worth Nashville pushing its rate into a tie for the highest in the country. But we'll start with the basics before ...
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The council listened to 90 minutes of commentary on the town's third budget draft, and not one minute was spent in favor of the proposed tax increase. Mayor Walter Curran suggested lowering the increase to 50 percent over the next two years, which would leave the town with a $493,000 surplus by ...
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One week after voters overwhelmingly approved a $77.6 million tax referendum, Lake Zurich Area Unit District 95 is beginning its construction plan with an eye to start work on some projects during the summer of 2019. The referendum money will help pay for a new May Whitney Elementary School, ...
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Every year, the federal government redistributes hundreds of billions of tax dollars to various housing programs, and provides billions in housing subsidies through various tax breaks. One of the more wasteful of such subsidies is the low-income housing tax credit (LIHTC), a form of corporate welfare ...
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Off the field, the team faces a different kind of struggle: trying to avoid paying tens of thousands of dollars in sales tax on the bobbleheads, jerseys, tote bags and other memorabilia that the team gives away as promotions to entice fans to buy tickets. It's an issue that baseball teams have been battling for ...
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Back in reality, the liberal Tax Policy Center calculated that the TCJA would benefit 80 percent of families and raise taxes for just 5 percent—with the higher taxes disproportionately affecting the wealthiest 1 percent. The median family would save $930 per year, while the average family would save ...
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According to a draft version of a royal decree, ICO issuers in Thailand will have 90 days to inform the SEC of their intentions. The document also states that digital asset trades will be subject to a 15 percent capital gains tax and a seven percent value-added tax, regardless of a trade's profitability.
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Immigrants who are in the United States legally could be denied green cards if they receive refunds from income tax credits, according to a leaked draft rule obtained and published by The Washington Post on Wednesday. The latest proposal reportedly being considered by the Department of Homeland ...
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However, expenses for a child in nursery school, preschool, or similar programs for children below the level of kindergarten are deductible for federal income tax purposes of the child care tax credit if those expenses otherwise qualify as child care. I believe that if you can clearly carve out a child care ...
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Newegg will begin charging sales tax on orders shipped to Connecticut on July 1, ending a tumultuous few months for the company after they shared Connecticut customer records with DRS, assisting in the tax department's efforts to collect the use tax and infuriating many of their customers here.
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David Herzig , Contributor I am a professor of law writing on tax, charities and estate planning. Opinions expressed by Forbes Contributors are their own. Tweet This. At this point, you may be asking yourself what does Passover have to do with tax? Most likely, the sale of the chametz would be ...
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Some employers have handed out bonus checks since President Donald Trump signed a tax reform plan into law late last year. Great Southern Wood Preserving will not. Instead, Great Southern has announced that it is reinvesting its tax savings in "an active and ongoing process to increase employee ...
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Martin's spokesman did not respond to the question. The government shelved the tax debate this week when it became clear it did not have the numbers to push it to a successful vote, because two crossbenchers, the South Australian Tim Storer, and the Victorian Derryn Hinch, were not yet over the line.
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SALEM, Ore. — President Donald Trump's federal tax overhaul is a short-term boon for most states, but one is set to miss out entirely: Oregon. Instead of a bonus, Oregon faces a loss of $217 million in the two years after the overhaul goes into effect, the largest of any state that has revealed its predictions ...
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SAN MARCOS, Calif. (KGTV) - Months after the massive Equifax data breach, a North County couple got some heart-dropping news from the Internal Revenue Service (IRS). Jennifer, who asked 10News not to identify her full name, says her accountant was just about to e-file her taxes when she got the ...
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Three months after President Donald Trump signed into law a tax on large university endowment investments, Yale — one of about 30 schools subject to the 1.4 percent tax — is continuing to lobby against the new policy. According to Associate Vice President for Federal and State Relations Richard ...
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WEB
Tax Commission
Do not provide personal or financial information over the phone to anyone claiming to call from the NYC Tax Commission. Learn More. Do not provide personal or financial information over the phone to anyone claiming to call from the NYC Tax Commission. The Tax Commission will not call you to ...
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Here's How Long You Should Keep Your Tax Returns, According to Experts
When you are finally done filing your taxes, it can feel freeing — a big responsibility off your shoulders (until next year, that is). But don't go building a bonfire out of your receipts just yet. Tax pros say you should keep your tax returns and other records because they can be important references down the ...
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Current Tax Rates
2013 TAX RATES, 2013 TAX RATES. LAMAR COUNTY, 0.4251, GLA, 0.4251. PARIS ISD, 1.455, SPA, 1.455. NORTH LAMAR ISD, 1.1111, SNL, 1.1111. CHISUM ISD, 1.1850, SCH, 1.1850. ROXTON ISD, 1.2531, SRX, 1.2531. PRAIRILAND ISD, 1.1695, SPL, 1.1695. PARIS JUNIOR COLLEGE, 0.1866 ...
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Should government allow sales tax on internet purchases?
Trump takes on Amazon, Chair of Business and Finance at King's College Brian Brenberg provides insight on 'Fox & Friends First.'
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Oakwood University's Official Statement Regarding OUAA's Loss of Tax Exemption Status
On March 29, 2018, the Integrated Marketing and Public Relations department of Oakwood University released the following statement. Oakwood University is a Seventh-day Adventist institution, an official entity of the North American Division, and is recognized as a Historically Black College and ...
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The Power of Tax Reform
They employ hundreds of thousands of Americans. And their hourly associates just got a bonus because of tax reform. It's the one thing that changes everything. Finally: Less talking. More doing. Now, let's keep the momentum going. More jobs. Bigger paychecks. That's the power of tax reform.
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Tax Advisors & Financial Consultants
Tax Advisors & Financial Consultants. Our Tax Advisors & Financial Consultants section in Hamburg has been compiled to help introduce you to local businesses who would specifically like to connect with expats. Many of these businesses speak English so they'll be easy to communicate with.
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Trudeau Chickens Out When Asked About His Carbon Tax Plan
Justin Trudeau, who likes to pose as an environmental expert, has an interesting method of dealing with questions about the carbon tax he champions and exactly what gains it has given Canadians regarding greenhouse gas emissions: he refuses to answer the question, as do members of his ...
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DMX Sentenced to 1 Year in Prison For Tax Fraud
Read up on Snipes's case. A shady accountant told him some debuked theory about tax law and his real accountant told him that a bunch of people have gone to jail for trying it. Snipes and the shady guy then ammended years of returns asking for like $14M of legitimately paid taxes to be given back to ...
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How Taxpayers In Each State Will Fare Under the TCJA's Individual Income Tax Provisions
The Tax Cuts and Jobs Act will cut individual income taxes for about two-thirds of US households in 2018, by an average of about $1,300. But how will households in different states fare? In a new report the Tax Policy Center compares the effects of the TCJA on individual income taxes across states.
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Free Tax Reform Breakfast Seminar
Is all the information and news on Tax Reform making your eyes cross? Fiske & Company is presenting a Free Seminar to review what's really happening with Tax Reform. We will tell you what you really need to know, how it may affect you and answer your questions. Wednesday, January 24, 2018.
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What Do My Property Taxes Really Pay For?
Property Tax Distribution. Did you know that your neighbor across the street could have a different property tax structure than you? Did you know that there are dozen of factors that come into play to determine your property taxes? And do you know where your taxes go? The voting public decides, in part, ...
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10 smart ways to spend your tax refund U.S. News & World Report
Hotly anticipating your tax refund? Before you splurge on that Jacuzzi you've always wanted or pile items into your virtual shopping cart, do yourself a favor: Hit pause, and consider finding a practical use for your money. What's practical, of course, is relative to your circumstance, but mull over these ways ...
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Here's the tax practice Amazon uses that's got Trump so upset CNBC
President Trump criticizes Amazon over taxes on social media Thursday likely targeting the company's "third party" seller tax collection policies.
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Mar 27 A Tax to Grind
Nathan Richendollar ('19)-. As most readers inevitably know, the Congress passed and the President Trump signed the Tax Cuts and Jobs Act. The main thrust of the bill was to slash taxes for America's corporations, encourage the repatriation of capital held overseas, modest reductions in individual ...
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Two Long Island Men Plead Guilty to Filing False Tax Returns
Earlier today, at the federal courthouse in Brooklyn, Parviz Hakimian and Khosrow Hakimian, both of whom are Long Island residents, pleaded guilty to filing false tax returns related to the failure to disclose overseas bank accounts. Each defendant agreed as part of the guilty plea to pay $7,730,000 in ...
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New Guide to Tax & Bonus Depreciation
The impact of the proposed Tax Cut and Jobs Act legislation on corporate taxpayers * Bonus depreciation rules * Applicable financial statements * Rapid depreciation write-offs—Section 168(k) and 179 * Change in use of depreciable property * Placed in service issues * Like-kind exchanges ...
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South Carolina Bill Would Tax Gun Sales to Pay for Armed School Security
"People that buy firearms already pay extreme taxes," Stoudemire said, referring to the state's sales tax and a federal tax on the sale of ammunition and guns. "People are grabbing solutions for problems. … In my county, Newberry, we have SROs (paid for) through the sheriff's department and that's paid ...
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China's Golden Tax III VAT invoicing system
An important component of the Golden Tax III is the VAT invoicing system, which not only allows online issuance of VAT invoices (finalised in paper form), but also uploads all issued VAT invoice information immediately to the tax administration's back-end database and stores the information there.
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Erie County: Proposed $500 M In Amazon Tax Breaks Seemed Reasonable
Imagine a scenario in which Buffalo won one the most competitive and largest development projects in the history of the country… then the project was submarined because the Industrial Development Agency wouldn't approve the very tax breaks used to lure the company to Western New York. Buffalo's ...
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Tax Locusts and Blockchain Bros | The Great American* Puerto Rico Part 9
Rich people have always descended on Puerto Rico to take advantage of its tax laws, but this time they're bringing their bitcoin buddies. Produced by Mike Rubens with Lauren Walker.
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Employers Annual Return (S02)
Tax Administration Jamaica (TAJ) is reminding ALL employers that their Employers Annual Return (S02) for 2017 is due on April 3, 2018. This is as a result of the usual due date of March 31 falling on the weekend. This ReturnMUST be filed electronically via the administration's Revenue Administration ...
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Tax Reform Adds Education Benefit
Tax law provides two tax-advantaged savings plans for the Qualified State Tuition Plan (commonly referred to as a 529 Plan). They are similar in that contributions to the plans are not tax deductible (although some states do allow a deduction for contributions to their plans) and the earnings are tax ...
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Guide to Being Prepared for Tax Day
Tax season can be an exciting time for many and stressful for others. Learn more about everything you should consider to ensure you're prepared for tax day this year.
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ALERT, Tax Collectors Department will be moving to 51 Draper Ave.
WARWICK – City residents, as of Monday, April 2, 2018, the Tax Department (both assessors and collectors) will be located at 51 Draper Ave., Greene Elementary School.
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In Niagara Falls, 2.6 percent tax increase proposed for 2018
Vacant city positions will be removed, Niagara Falls mayor Paul Dyster said. The goal is to "reduce and eliminate dependence on casino revenue".
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Wolters Kluwer Launches Estate & Gift Tax Plus With Redlining and
Tax and Trust & Estate lawyers have always been a breed apart. They take their research tools and processes VERY seriously. And Wolters Kluwer CCH reso.
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Louisiana Wins with Tax Reform
WASHINGTON, D.C.—Small businesses reported record amounts of optimism (link is external) this year due to the Tax Cuts and Jobs Act. House Majority Whip Steve Scalise (R-La.) heard this firsthand at a meeting with local Louisiana business owners. They shared how the tax reform bill has improved ...
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2018 Tax Filing Season Begins Jan. 29, Tax Returns Due April 17
The Internal Revenue Service announced today that the nation's tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won't be available before late February., U. S. Coast Guard Pay and Personnel News Updates.
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Updated Withholding Calculator Reflects Changes in New Tax Law
To help taxpayers, the IRS updated the special Withholding Calculator tool on IRS.gov to reflect changes in the Tax Cuts and Jobs Act passed in December. With most employees seeing withholding changes in their paychecks, the IRS recommends taxpayers use the Withholding Calculator to do a ...
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Tax strategy
KCOM's approach to risk management and governance arrangements, KCOM's approach toward its dealing with HMRC, KCOM's attitude to tax planning.
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Suspension of Service for Filing of Tax Return - Individuals through eTAX
To facilitate system update, the Internet filing service for Tax Return - Individuals is temporarily suspended from 30 March 2018 to 1 May 2018. Please file your Tax Return - Individuals in paper form during this period. The service will resume on 2 May 2018 for filing of Tax Return - Individuals for the years ...
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Income TAX Department II, Navanagar
Income TAX Department II in Navanagar, Hubli is a top company in the category Government Organisations, also known for Income Tax Consultants, Tax Return Filing Agents and much more. Visit Justdial for Address, Contact Number, Reviews & Ratings, Photos, Maps of Income TAX Department II, ...
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Update on Commencement of Sugar-Sweetened Drinks Tax
Ireland has engaged in extensive and constructive discussions with the European Commission to ensure that once commenced, the Sugar Sweetened Drinks Tax does not infringe EU State aid law. Following these constructive discussions with, and a formal notification to, the European Commission, ...
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buying tax free (how to get the tax payed) - South Korea Forum
Answered: We went shopping in Lotte Mart in Seoul. We payed in the places where it was signed tax free. We showed the passport. What do we have to do next? Is it in the airport?
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Events
Bob will speak to an audience of international organization employees and spouses on U.S. tax considerations that will apply to them post-retirement, as well as planning opportunities to consider before they change work and immigration status. Find out more » ...
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Tax Director
Our client is a Top Public Accounting Firm serving ultra high-net-worth individuals, families, businesses, and non-profit organizations. They're currently seeking an experienced Tax Director to join their Manhatten Office. Minimum Requirements. 11+ years of recent public accounting experience ...
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Commentary: Local Tax Hikes Cleverly Packaged
By Dan Walters. Over the past few years, voters in hundreds of California cities and other local governments were asked to pass tax increases, and indications are that another big batch of local tax measures will be on this year's ballots. All but a handful of the previous tax hikes were approved, although ...
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Bruce Peterson, CPA
Consultant; BP Financial Services, Inc. Bruce temp. Bruce Peterson started BP Financial in 1989. He grew the business through quality work and by showing true dedication andcaring to his clients. While Bruce has other business ventures to pursue, expect to see him in the Fruitland office still serving ...
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Hatch Visits Utah Metal Works to Examine Impacts of Tax Reform in Utah
SALT LAKE CITY, UT— Today, Senate Finance Committee Chairman Orrin Hatch (R-UT) visited Utah Metal Works to see firsthand the impact of tax reform on Utah companies. In December 2017, Senator Hatch spearheaded passage of the Tax Cuts and Jobs Act, the most sweeping overhaul of the US ...
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Contact Us
Email ken@treasurevalleytax.com. Phone 208.452.5700. Fax 208.452.5711. Location 2400 N. Alder Dr Fruitland, ID 83619. Map Us. Google Map Location. Send Us Your Files – Easily. Want to send documents and large files? Easy. Just click on this link, enter your information and attach the documents ...
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Blog Real Estate Winners and Losers Under Federal Tax Overhaul
In a prior post I highlighted the effect the December 2017 Tax Cuts and Jobs Act has on Section 1031 tax deferred exchanges. While those changes affected investors in everything but real estate, other provisions of the Act will have a profound effect on both residential and commercial real estate.
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Tax Bill Information
Mailing Address: SCHMIDT GREG R & 19071 FOX LANDING DR BOCA RATON , FL 33434-5155, Property Address: 19071 FOX LANDING DR BOCA RATON FL 33434. Owner of Record SCHMIDT GREG R &, Deed Number: 0. Legal Description. FOX LANDING LT 3. Notice to Tax Payer. Tax Bill ...
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Scheduled Downtimes
Property Type, Start Date, End Date, Comments. Unsecured Property Tax, 4/3/2018 12:00:00 AM, 4/3/2018 1:00:00 AM, April Unsecured Blackout. Secured Property Tax, 4/3/2018 12:00:00 AM, 4/3/2018 1:00:00 AM, Secured Blackout for April. Secured Property Tax, 4/11/2018 12:00:00 AM, 4/11/2018 ...
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Tax Reform Tax Talk
Tax Reform Tax Talk. April 3, 2018, Noon ET. Answering all your questions about taxes and tax reform. Mark Steber Live on Facebook. Chief Tax Officer at Jackson Hewitt. When: April 3, 2018, Noon ET Where: Facebook Live!
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