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Tax > NetSparsh - Viral Content you Love & Share

Need an Offshore Sales Office in a Tax Free Environment?

The 100 year old investment-banking firm of Warburg, Dillon Read (on Park Ave. N.Y.) (now UBS Warburg) has offices in 39 foreign countries - including the Bahamas, the tiny Cayman Islands, Hong Kong and the Channel Islands. Makes you wonder why, doesn't it? Non-resident foreign companies,... Read More

Small Businesses Filing Amended Federal Tax Returns to Recover Money

Small Businesses Filing Amended Federal Tax Returns to Recover Money By Darren Oliver April 15th may be gone but, but certainly not forgotten ? especially if you, like millions of small businesses, unknowingly overpaid your federal taxes and can recover money... Read More

How Home-Based Businesses Can Avoid Giving Uncle Sam More than His Share

How Home-Based Businesses Can Avoid Giving Uncle Sam More than His Share By Darren Oliver With the rush to file your taxes by April 15th, you probably did not consider the possibility that you overpaid.... Read More

Alas! In E-Commerce Taxland

In trying to comply with tax laws for your e-business, you may find yourself falling down the rabbit-hole, going through the looking glass, and attending a Mad Tea-Party.Common sense, logic, and fairness never did apply fully to the field of taxation but this is especially true of e-commerce transactions.1. Canada... Read More

Rearrange Your Affairs For Maximum Tax Savings

One way to maximize your business profits is by reducing your taxes. Frequently, income and other taxes could be lowered significantly if only the taxpayer were willing to plan ahead. By taking some simple steps to rearrange your affairs, you could save a fortune!1. Are You Splitting Your Business Income?You... Read More

Organizing Your Taxes

Does this scene sound familiar? It's April 7. You haven't seen the top of your dining room table in two weeks because of the piles of paid bills, receipts, canceled checks, and unidentified cash register receipts covering it. Your head pounds and your stomach churns as the countdown to April... Read More

Seven Key Tax Deductions for the Self Employed

As a sole proprietor, it's wise to familiarize yourself with the some key deductions that may reduce your tax bill for 2004.Small-business consultants generally recommend that you hire an accountant to prepare your tax returns, payroll and financial statements. But you should also meet with your accountant well before the... Read More

How To Set Up A Tax-Saving Bookkeeping System

One of the most important, but least understood or appreciated aspects of any business is its bookkeeping or accounting system. And, because very few people know much about the reasons for a bookkeeping system, most people are frightened by the thought of the work involved in setting up such a... Read More

Knock-Knock-Knock

Knock-Knock-KnockWho's there?The IRS!The next quarterly payment of estimated income tax for the self-employed is not far off. Network marketers who receive a form 1099 at the end of the year, and/or who are expected to owe $1,000 or more in taxes, must file a form 1040-ES Payment Voucher quarterly to... Read More

How to Reduce the Estate Tax Using the A-B Revocable Living Trust

In a past article I relayed the plight of the widow who stated:"I didn't realize what an A-B Revocable Living Trust meant and that it had to be divided between the survivor and the deceased spouse and that I am limited as to what I can use from his share."She... Read More

In The News:

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Motley Fool

Hate Taxes? 37 States Make Social Security Tax Free
Motley Fool
Over the course of your career, you'll probably have tens of thousands of dollars in Social Security payroll taxes withheld from your paychecks. Workers are confident that by paying those taxes up front, they'll be able to collect Social Security ...

and more »

Spain considers new taxes on internet companies
ABC News
Spain's Socialist government wants to introduce new taxes on big internet companies and on financial transactions as a way of paying for improved pensions and public services. The proposed tax on digital services will be levied on companies with annual ...

and more »

Wall Street Journal

New 'Opportunity Zone' Tax-Break Rules Offer Flexibility to Developers
Wall Street Journal
WASHINGTON—The Trump administration, trying to accelerate tax-advantaged investment in low-income areas, offered generous definitions and rules Friday in a long-awaited package of regulations. The Treasury Department designed the rules for the ...
Investors can get big tax breaks if they invest in 'opportunity zones' under new Treasury rulesCNBC
IRS unveils proposed rules for tax law's big capital gains breakAccounting Today
Goldman Sachs and others line up for fresh tax breaksCNN
Bloomberg -IRS.gov -ArcGIS Online -Urban Institute
all 163 news articles »

Salt Lake Tribune

Poor and middle-income Utahns pay more of their income for taxes than do the rich, study says
Salt Lake Tribune
The poorest 20 percent of Utah households — which earn less than $23,000 a year — pay 7.53 percent of their income for taxes. The top 1 percent pay 6.68 percent, says the study by the Institute on Taxation and Economic Policy and Voices for Utah ...


kfor.com

Lawsuit targets medical marijuana registration, taxes
NewsOK.com
Oklahoma City — A Tulsa medical marijuana grower is suing the state over what it calls excessive fees and taxes. Caulfield Holdings Botanicals, a Tulsa company that intends to grow marijuana for the medical market, and Alicia Vargas, a medical ...
State health department, bureau of narcotics, tax commission sued over medical marijuana fees, taxeskfor.com
New medical marijuana lawsuit targets state of Oklahoma over tax, licensing issuesTulsa World

all 16 news articles »

Forbes

6 Whopping Tax Mistakes That Can Ruin Your Retirement
Forbes
Sadly, tax planning doesn't end when you retire. The Internal Revenue Service (IRS) still wants its share of your retirement earnings. While many live on less in retirement, others may end up spending more. That could lead to higher tax bills ...
3 legit ways to shield your kids from tax burdensYahoo Finance

all 19 news articles »

Yahoo Finance

MAP: The most and least tax-friendly states
Yahoo Finance
If you want to avoid paying lots of taxes, you might want to steer clear of the Northeast and venture towards the South instead. According to Kiplinger, these are the most and least tax-friendly states. Many states that make up the Northeast were among ...
In Democratic tax plan, the middle class pays while rich find sheltersThe Hill
Which state has fairest tax structure: Oregon, Washington or California? Survey says ...KVAL
Report calls Washington the most regressive tax structure...againseattlepi.com
Hawaii News Now
all 18 news articles »

The Advocate

Stephanie Grace: New Orleans City Council's split with Mayor Cantrell on taxes comes at odd time
The Advocate
Last week, the council voted unanimously to seek a 2-mill property tax increase to provide home-delivered meals and other services to elderly residents. The tax, which is now one procedural step from appearing on the March ballot, would generate about ...


New York Times

In Liberal San Francisco, Tech Leaders Brawl Over Tax Proposal to Aid Homeless
New York Times
Venture capitalists and companies including the online payments start-up Stripe are lobbying and donating money to defeat the tax. And Jack Dorsey, chief executive of Twitter and Square, who opposes the measure, has publicly bickered with Mr. Benioff.
Jack Dorsey complains about 'unfairness' in San Francisco homeless tax on corporationsThe Hill
Jack Dorsey Sees 'Unfairness' in San Francisco Homeless TaxBloomberg

all 15 news articles »

Phys.Org

Taxes and caps on carbon work differently but calibrating them poses the same challenge
Phys.Org
A carbon tax makes fossil fuels more expensive, in turn encouraging utilities, businesses and consumers to use less of them. At the same time, it makes alternatives, such as wind and solar power more competitive – encouraging their use. When designed ...

and more »
Google News
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Income Tax Returns Your Accountant Should Not File

You've been feeling uneasy (perhaps even guilty) because you've failed... Read More

Electronic Commerce Taxation and Pakistan

Assume a buyer in Pakistan downloads software from the Internet... Read More

How to Maximize Your Home Business Tax Deductions for 2005

Someone once said, 'the best way to calculate your taxes... Read More

The Internet Tax Man Cometh

Q: I was contacted by the city tax collector to... Read More

Take Control of Your Taxes

As everyone in the U.S. knows, we have just passed... Read More

Navigating The Internet Sales Tax Laws

QUESTION: I have been contacted by my local city... Read More

Back To School ? Educators Deduct School Expenses

As teachers and students head back to school following a... Read More

10 Tax Tips to Reduce Costs and Increase Income

No one likes paying tax. Everyone understands that tax is... Read More

I Havent Filed a Tax Return with IRS in Years, What Do I Do?

In elementary school, kids come up with creative excuses why... Read More

Paying Workers ? What Can You Write-Off?

As your business grows, you are going to need help.... Read More

Employment Taxes ? What Are They?

If you have employees, you are responsible for paying a... Read More

About Income Taxes; Tidbits

1812The first attempt to impose an income tax on America... Read More

Euro Tax Haven Threat

Media reporting of a new EU savings tax directive has... Read More

Save Money on Taxes - Let Uncle Sam Pay for Your Fun!

"Deducting Meals and Entertainment"O.K. You've been working really hard on... Read More

Insider Guides to IRS Audits!

Ever wish that, as a business owner, you knew exactly... Read More

Tax Reform, My Way

We need real tax reform and we need it now.... Read More

What is a Federal Tax Lien?

A Federal Tax Lien (FTL) is a legal instrument that... Read More

Estate Taxes - It Pays to Plan Ahead

Estate taxes. It's not enough to simply know they exist,... Read More

How to Cut Duty Cost and Increase Profit as an Importer

Import duties continue to be significant elements in the cost... Read More

Small Business Tax Deductions for Year End 2004

As a small business owner, it's wise to familiarize yourself... Read More

Early Distributions From Retirement Plans

An early distribution from an Individual Retirement Arrangement (IRA) or... Read More

Section 179 ? Tax Relief From Depreciation Rules

"Depreciation." For business owners, this word is the one most... Read More

Employment Taxes ? Depositing With The IRS

If your business has employees, you must pay employment taxes.... Read More

Identity Theft ? Impacting Your Taxes?

If your identity is stolen, your finances can quickly become... Read More

Donating Cars To Charity - New Tax Rules

On June 3, 2005, the IRS released guidance on charitable... Read More