Tax Expert
Tax Expert, Tax Expert Answers

Ask a Tax Expert!

Tax Expert Navigation

Free Accounting Advice
Free Tax Advice
Free Bookkeeping Advice
Free Quickbooks Help
Free Incorporation Services




Tax Breaking News



Taxing Times: Fewer tax changes, thanks to gridlock
The good news is that there aren’t a slew of tax-law changes to deal with this year. The bad news is that the changes taxpayers need to contend are not trivial. Read that story, plus find out how your Super Bowl bet will be taxed, all in this week’s Taxing Times.
Fri, 03 Feb 2012 14:59:54 -0800

IO Daily News
Lowtax Network Portal : 'Low-tax' business and investment in the top 50 jurisdictions covered in exceptional detail. Tax News : Global tax news, continuously updated through the day.
Thu, 02 Feb 2012 02:27:55 -0800

White House Advisor: Mitt Romney Tax Release Shows We Need to Change Tax System
Mitt Romney’s tax releases show he earned more than $42 million over two years and paid approximately a 14% effective tax rate- the same as someone earning an annual salary of $70,000. Romney said he pays all his taxes and not a dollar more. The...
Sun, 05 Feb 2012 14:03:42 -0800

Bank of Santa Clarita Reports Record Pre-Tax Earnings
Bank of Santa Clarita today announced record pre-tax earnings and strong loan growth for 2011.
Fri, 03 Feb 2012 17:30:00 -0800

Newcastle Announces Tax Treatment of 2011 Dividends
Newcastle Investment Corp. today announced the tax treatment of its 2011 common and preferred stock dividend payments.
Thu, 02 Feb 2012 17:04:00 -0800

Merck's Lower Tax Rate
NEW YORK (TheStreet) -- It seems innocuous, at least in the hands of the media. Merck's tax rate was "lower," Reuters said twice in coverage of the drug giant's 4th quarter earnings report this week. Nearly all media outlets, from ABC News to The Washington Post, used a similar voicing. Merck's earnings were up on a lower tax rate. But how much lower? ... Click to view a price quote on MRK ...
Sat, 04 Feb 2012 06:15:19 -0800

Switzerland Yields To US Tax Demands
Following mounting pressure from the US attorney’s office, Switzerland has finally handed over to US investigators comprehensive, encrypted, banking data pertaining to eleven Swiss banks, alleged to have aided wealthy Americans to evade US taxes amounting to billions of euros.
Fri, 03 Feb 2012 02:55:47 -0800

ABC5 WOI-DT News, Weather, Sports in Des Moines, IABranstad: Iowa must limit property tax increases
DES MOINES, Iowa (AP) - Gov. Terry Branstad is warning that residential property owners could see a massive tax hike over the next decade if the Legislature doesn't clamp down on future increases, but city leaders say they have no intention of allowing taxes to soar and don't need the state interference.
Sun, 05 Feb 2012 03:25:50 -0800

Tide Turning In Italian Tax Evasion Fight
During his testimony to the Chamber of Deputies’ Finance Committee, the Director of the Italian Revenue Agency, Attilio Befera, pointed to the Agency’s new ability to crosscheck taxpayers’ spending against declared incomes as the weapon that might win the government’s war on tax evasion.
Thu, 02 Feb 2012 02:55:49 -0800

India Likely To Change Tax Law After Vodafone Case
The Indian government is planning to include additional provisions in the forthcoming Direct Taxes Code in an attempt to avoid future court clashes with multinational companies like Vodafone.
Thu, 02 Feb 2012 23:55:47 -0800

IRS Audit Red Flags: The Dirty Dozen
Although there's no sure way to avoid being audited, your chances increase depending upon various factors.
Tue, 31 Jan 2012 07:25:58 -0800

IRS Audit Red Flags: The Dirty Dozen
Although there's no sure way to avoid being audited, your chances increase depending upon various factors.
Tue, 31 Jan 2012 07:25:58 -0800

IRS Free File available now
IRS Free File, which has been making taxes a little less taxing for a decade is available now. More than 33 million returns have been filed through Free File since its debut.
Sun, 05 Feb 2012 00:31:56 -0800

IRS Free File available now
IRS Free File, which has been making taxes a little less taxing for a decade is available now. More than 33 million returns have been filed through Free File since its debut.
Sun, 05 Feb 2012 00:31:56 -0800

IRS fighting identity theft, and you can too
Criminal file false returns in hopes of refunds.
Fri, 03 Feb 2012 21:29:42 -0800

IRS fighting identity theft, and you can too
Criminal file false returns in hopes of refunds.
Fri, 03 Feb 2012 21:29:42 -0800

Beware The Long (Global) Arm Of The IRS
In an attempt to balance the budget and close the tax gap, Congress, the Obama administration and the IRS are on a mission to intimidate Americans into reporting all of their income, onshore and offshore.
Fri, 03 Feb 2012 15:58:10 -0800

Beware The Long (Global) Arm Of The IRS
In an attempt to balance the budget and close the tax gap, Congress, the Obama administration and the IRS are on a mission to intimidate Americans into reporting all of their income, onshore and offshore.
Fri, 03 Feb 2012 15:58:10 -0800

IRS Helps Bust 105 People in Massive Identity Theft Crackdown
The Internal Revenue Service and the Department of Justice teamed up for a coast-to-coast crackdown on identity thieves this week.
Tue, 31 Jan 2012 15:36:07 -0800

IRS Helps Bust 105 People in Massive Identity Theft Crackdown
The Internal Revenue Service and the Department of Justice teamed up for a coast-to-coast crackdown on identity thieves this week.
Tue, 31 Jan 2012 15:36:07 -0800

Apply For A Passport? IRS Will Know
If you apply for a passport, the IRS will know. It's not clear how the IRS uses this data, although my guess is for data verification plus perhaps information gathering for later collection efforts. The IRS has released proposed regulations to ramp up the information the IRS receives to better enforce the tax laws. These rules are only proposed and don't take legal effect until finalized.
Mon, 30 Jan 2012 06:21:40 -0800

Apply For A Passport? IRS Will Know
If you apply for a passport, the IRS will know. It's not clear how the IRS uses this data, although my guess is for data verification plus perhaps information gathering for later collection efforts. The IRS has released proposed regulations to ramp up the information the IRS receives to better enforce the tax laws. These rules are only proposed and don't take legal effect until finalized.
Mon, 30 Jan 2012 06:21:40 -0800

IRS Revised Rules for Streamlined Installment Agreements
The IRS recently relaxed its rules for payment of smaller tax liabilities. The revised procedures now allow taxpayers up to 72 months to pay their tax obligations. The new procedures also increase the maximum amount subject to the relaxed streamlined agreements from $25,000 to $50,000. You may request a monthly installment plan by submitting Form ...
Sat, 28 Jan 2012 19:57:02 -0800

IRS Revised Rules for Streamlined Installment Agreements
The IRS recently relaxed its rules for payment of smaller tax liabilities. The revised procedures now allow taxpayers up to 72 months to pay their tax obligations. The new procedures also increase the maximum amount subject to the relaxed streamlined agreements from $25,000 to $50,000. You may request a monthly installment plan by submitting Form ...
Sat, 28 Jan 2012 19:57:02 -0800

With Indictments, IRS Will Get More Data From Swiss
The indictment of the Wegelin, the oldest Swiss private bank, moves the global banking transparency battle from bows and arrows to nuclear weapons. Do Swiss bankers? nerves fray after Wegelin??indictment? Yes, no question. With an indictment death knell imminent, Wegelin was sold a week ago. Founded in 1741, this was one storm it could not ...
Sat, 04 Feb 2012 06:57:50 -0800

With Indictments, IRS Will Get More Data From Swiss
The indictment of the Wegelin, the oldest Swiss private bank, moves the global banking transparency battle from bows and arrows to nuclear weapons. Do Swiss bankers? nerves fray after Wegelin??indictment? Yes, no question. With an indictment death knell imminent, Wegelin was sold a week ago. Founded in 1741, this was one storm it could not ...
Sat, 04 Feb 2012 06:57:50 -0800

The Case For Investing in the IRS
Most American taxpayers would not consider the IRS to be underfunded, let alone the IRS?s need for more resources to be the most serious problem they face. Given the growing ?tax gap? (i.e., the amount of all unpaid tax liabilities), however, a persuasive case can be made that the government should invest more in the IRS?s budget.
Wed, 25 Jan 2012 07:51:19 -0800

The Case For Investing in the IRS
Most American taxpayers would not consider the IRS to be underfunded, let alone the IRS?s need for more resources to be the most serious problem they face. Given the growing ?tax gap? (i.e., the amount of all unpaid tax liabilities), however, a persuasive case can be made that the government should invest more in the IRS?s budget.
Wed, 25 Jan 2012 07:51:19 -0800

IRS Offering Free Tax Help For Modest-Income Earners
-- Tax laws are so complex many taxpayers don't feel comfortable filing out their own returns, but getting professional help can be expensive. Believe it or not, the Internal Revenue Service wants to help.
Sun, 05 Feb 2012 07:05:09 -0800

IRS Offering Free Tax Help For Modest-Income Earners
-- Tax laws are so complex many taxpayers don't feel comfortable filing out their own returns, but getting professional help can be expensive. Believe it or not, the Internal Revenue Service wants to help.
Sun, 05 Feb 2012 07:05:09 -0800


Google

Copyright 2008 - All Rights Reserved - taxexpert.taxhelp-expert.com