TaxAlmanac - A free online tax research resource and ...

Important Service Announcement: Based on user feedback we are not shutting down the TaxAlmanac.org website however the site is now an archived version as of June 2014. While all of the existing discussion threads and commentary will be preserved you will no longer be able to edit content, post to forums or create additional logins.

Complex Trusts

From TaxAlmanac, A Free Online Resource for Tax...

Read more

Date: 2014-07-15 15:20:28
Website: http://www.taxalmanac.org

A blog about the unrelated business income tax - UBIT Blog

Welcome to the UBIT Blog

This is a blog about the unrelated business income tax (UBIT), which applies to most tax-exempt organizations. The blog will discuss new IRS and judicial developments and new and proposed legislation involving the UBIT. Attorneys, accountants, officers and directors of exempt organizations, and others interested in the UBIT will find the information useful and are welcome...

Read more


Website: http://www.ubitblog.com

Canada GST (Goods and Services Tax) and HST (Harmonized ...

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canadian GST/HST Information for Businesses

Canadian GST/HST Information for Businesses

2008 GST Information for Businesses

1. What are the new rates of GST and HST?

The rate of the GST and the federal component of the HST will be reduced from 6% to 5%. The...

Read more


Website: tax-services.ca

Chapter 5743: CIGARETTE TAX - Ohio Laws and Rules

5743.071 Wholesale and retail dealers to maintain records.

Every person shall maintain complete and accurate records of all purchases and sales of cigarettes, and shall procure and retain all invoices, bills of lading, and other documents relating to the purchases and sales of cigarettes, except that no retail dealer shall be required to issue or maintain invoices relating to the...

Read more


Website: http://codes.ohio.gov

2008 Capital Gains Tax - Sean Paul Kelley

How much Capital Gains Tax Will I need to pay?

We Answered:

I assume this was a rental property for seven years. You report the rental income and expenses each year you own the property. You also depreciate the property each year. If you have not done this, amend your returns for each year you owned the property. You may or may not owe additional tax for the prior years.

In 2008, report only...

Read more


Website: http://www.seanpaulkelley.com

Goods and services tax (Australia) - Wikipedia

The legislation was passed on 28 June 1999 as A New Tax System (Goods and Services Tax) Act 1999. It gained assent on 8 July 1999 and came into operation on 1 July 2000.

Legal framework[ edit ]

All Australian businesses whose turnover is above the minimum threshold (currently $75,000 per annum) are required to register for GST. Businesses whose turnover is below the threshold may register if they...

Read more

Date: 2018-04-03 02:10:28
Website: https://en.wikipedia.org

IRS Expands Guidance on Residential Energy Tax Credit

IRS Expands Guidance on Residential Energy Tax Credit

(Parker Tax Publishing: November 06, 2013)

Taxpayers that place certain nonbusiness energy property in service before 2014 or before 2017 may be eligible for tax credits under Code Sec. 25C and Code Sec. 25D, respectively. Each credit has different requirements and covers different types of property. The credits, which are aimed at homeowners...

Read more

Date: 2017-07-03 23:58:55
Website: http://www.parkertaxpublishing.com

Room Occupancy Excise Tax - Mass.Gov

Overview

Under M.G.L. Chapter 64G, room occupancy excise tax is imposed on the transfer of occupancy, for $15 or more, of any room in a bed and breakfast establishment, hotel, lodging house, or motel for a period of ninety days or less. The tax is required to be collected by the operator of such establishments at the rate of 5.7% of the total amount of rent for each such occupancy. In addition,...

Read more


Website: mass.gov

Related topics : excise tax return form / excise tax return / federal income tax return copy / tax return example for rental property / filing federal tax return with no income

Missouri Charitable Gaming Laws - Gambling Law US

Missouri Constitution

Art. 3

§ 39(a). Bingo may be authorized--requirements

The game commonly known as bingo when conducted by religious, charitable, fraternal, veteran or service organizations is not a lottery or gift enterprise within the meaning of subdivision (9) of section 39 of this article if the general assembly authorizes by law that religious, charitable, fraternal, service, or veteran...

Read more

Date: 2017-01-03 18:58:35
Website: http://www.gambling-law-us.com

Superseded Standards - FASB

Statement No. 168 (Superseded)

The FASB Accounting Standards Codification® and the Hierarchy of Generally Accepted Accounting Principles--a replacement of FASB Statement No. 162

(Issue Date 06/09) 

Amendments to FASB Interpretation No. 46(R)

(Issue Date 06/09) 

Accounting for Transfers of Financial Assets--an amendment of FASB Statement No. 140

(Issue Date 06/09) 

Not-for-Profit Entities:...

Read more


Website: http://www.fasb.org

How To File Bitcoin Income On Tax Return - Business Insider

The IRS has yet to rule on how to report income from Bitcoin.

That has left Bitcoin enthusiasts -- assuming they are interested in passing an IRS audit -- in a legal no man's land.

So we spoke with Tyson Cross, an attorney in San Diego specializing in IRS compliance who has extensively researched Bitcoin's tax implications since the currency blew up. His company is BitcoinTaxSolutions.com .

The...

Read more


Website: http://www.businessinsider.com

Related topics : irs income tax return / irs tax capital gains / irs filing tax return / irs amended tax return / income tax return business

Netherlands Technical Explanation | Internal Revenue Service

ARTICLE 1

General Scope

Article 1 provides that the Convention is applicable to residents of the United States or the Netherlands except where the terms of the Convention provide otherwise. The Convention, at the request of the Netherlands, departs from the convention adopted in the U.S. and OECD Models, and employs the term "State" instead of the term "Contracting State" to refer to the United...

Read more

Date: 2018-04-05 21:03:31
Website: https://www.irs.gov

2018 Tax Reform Law: New Tax Brackets, Credits and Deductions

2018 Tax Reform Law: New Tax Brackets, Credits and Deductions

By Ken Berry, J.D., CPA Practice Advisor Tax Correspondent On Dec 22, 2017

| Share

| Share

| Share

President Donald Trump signed the 2018 tax reform law into effect on Friday morning at the White House. While the bill was still in the House, President Donald Trump said he wanted to enact the new tax reform law before Christmas. Then,...

Read more


Website: http://www.cpapracticeadvisor.com

Internal Revenue Bulletin: 2014-6 | Internal Revenue Service

Announcement 2014-11 Announcement 2014-11

This announcement contains the Deletions From Cumulative List of Organizations Contributions to Which are Deductible Under Section as decribed in sections 501(c)(3) and 170(c)(2) of the Code.

Life Extension Foundation Inc. of FT. Lauderdale, FL.

Preface

The IRS Mission

Provide America's taxpayers top-quality service by helping them understand and meet...

Read more

Date: 2018-04-06 00:58:39
Website: https://www.irs.gov

Related topics : sales tax rules and regulations / filing federal tax return with no income / corporation income tax return form / file amended tax return 2014 / irs federal tax forms 2014

Donating a Car to Charity | Edmunds - New Cars, Used Cars ...

Donating a Car to Charity

Share This Page

Donating a Car to Charity

You Must Follow the Rules to Get That Tax Deduction

Updated: 01/23/2018� - by Edmunds

Comments

View Full Screen

It's easy to donate a car to charity if all you want to do is get rid of it. Simply call a charity that accepts old vehicles and it will tow your heap away. But if you want to maximize your tax benefits, it's...

Read more


Website: https://www.edmunds.com

2017 Tax Reform: Checkpoint Special Study on foreign ...

2017 Tax Reform: Checkpoint Special Study on foreign income, foreign persons tax changes in the "Tax Cuts and Jobs Act"

On December 22, President Trump signed into law H.R. 1, the "Tax Cuts and Jobs Act," a sweeping tax reform law that promises to entirely change the tax landscape.

While the final version of the legislation carries the title "An Act to provide for reconciliation pursuant to...

Read more


Website: https://tax.thomsonreuters.com

Where does local government get most of its revenue from?

mainly through local property

taxes. Over the years, state government has

played a larger and larger role in education-

especially with regard to funding.

7 people found this useful

Trims

3,766 Contributions

What source does state government receive most of its revenue?

Intergovernmental transfers account for the largest amount (37percent) of general state revenue. A close second is sales...

Read more


Website: http://qa.answers.com

The final GOP tax bill, explained - The Washington Post

Wonkblog

Analysis

Analysis Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events

The final GOP tax bill is complete. Here's what is in it.

by Heather Long by Heather Long Email the author December 15, 2017 Email the author

Republicans were�joyful Friday as they finalized their tax plan , bridging differences between...

Read more


Website: https://www.washingtonpost.com

The Simple Fix to the Problem of How to Tax Multinational ...

Embed

Copy the code below to embed this chart on your website.

<iframe width="100%" height="460" src="https://www.epi.org?p=63112&view=embed&embed_template=charts_v2013_08_21&embed_date=20180405&onp=63110&utm_source=epi_press&utm_medium=chart_embed&utm_campaign=charts_v2" frameborder="0"></iframe>

Download image

How much money is "trapped" overseas?

It has been widely reported that U.S....

Read more


Website: https://www.epi.org

Use tax - Wikipedia

Use Tax Payable

$10

The U.S. Census Bureau [4] reported in 2014, $271.3 billion dollars in sales and gross receipts were collected by the 45 states that collect sales and use taxes; 33 of the 45 states increased collections year over year. Sales and use taxes combined account for 32% of all taxes collected by all states, second only to personal income tax collections. The states themselves...

Read more

Date: 2018-03-20 14:13:52
Website: https://en.wikipedia.org