Tax time in danger from ATO's tech wreck
IT projects thrown overboard as ATO orders all hands to keep tax time afloat.
Taxpayer records exposed by serious ATO, myGov security flaw
Taxpayer says he was hung up on twice by call centre staff when trying to report the issue.The White House’s coronavirus cure is even more magical than we could have imagined
Tax cuts are the GOP’s all-purpose remedy. Even for the coronavirus.
Tax Authority reduces aliyah tax breaks
The Israeli Tax Authority (ITA) has found a controversial backdoor way of retroactively reducing the ten-year Israeli tax exemption for foreign income of olim (new immigrants) in the tenth year.
Tax Day 123
Most of the time we dread April 15th. For those of you outside of the U.S. it is the day our income taxes are due. But this year is a little different due to the Covid19 crisis. I went ahead and paid my Federal but still await a small refund from t
Tax Incentives and the Human Imagination
[Image: Der Wanderer über dem Nebelmeer by Caspar David Friedrich (c. 1818).] It would be interesting to look at locations of the American popular imagination, as seen in movies and TV, mapped against regional tax breaks for the film industry. There was a brief span of time, for example, when rural Pennsylvania stood in for … Continue reading "Tax Incentives and the Human Imagination"
Rideshare safety concerns with 'lifts for cash' offered on social media
Taxis and the rideshare industry warn of the dangers of underground "lifts for cash" advertised on social media.
Taxi rapist Neelander Sirohi loses racial discrimination case over prison course expulsion
Former Canberra taxi driver Neelander Sirohi loses a racial discrimination case he launched after he was expelled from a sex offender's course while serving time for raping a vulnerable woman in 2013.
Murray-Darling water plan walks a fine line between efficiency and the environment
Taxpayer investments and the water market are making irrigation more efficient and reducing Murray-Darling's base flow. Here's what needs to happen next, write Q J Wang and Avril Horne.
Taxpayers are funding Instagram influencers to promote tourism in the Kimberley
Government marketers are spending an increasing amount of money on bringing so-called influencers to Australia, but is it money well spent?
Cab driver relives brutal machete attack, as girlfriend sentenced to 11 years' jail
Taxi driver Reg Kelly will bear the scars of a murder attempt for the rest of his life, but he wants to thank his home town for rallying to his side.
Tax Tips to Save Money in 2020
90% of US businesses overpay their taxes — don’t be one of them! Here are the most useful eCommerce tax deduction strategies you can’t miss in 2020.
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VOLUNTEER LEGAL INTERNSHIP
Tax Division (TAX)
Washington, District of Columbia
Application Deadline: June 1, 2020
The Tax Division works to provide a valuable internship experience by attempting to ensure that legal interns assist in as many aspects of the Division’s work as possible, and that interns are provided written or oral feedback on their assignments.
Interns are assigned to a section for the semester and work closely with that section’s attorneys on a wide range of issues, to the extent allowed by law. Interns are frequently asked to research legal issues that arise in pending cases, but may also be asked to prepare legal memoranda or draft pleadings, briefs, motions, and other legal documents. Interns may assist with discovery, including drafting interrogatories, document requests, and subpoenas. Interns may have the opportunity to help attorneys prepare for arguments, trials, and hearings, and may have the opportunity to attend and observe those that are local.
Interns will be expected to work approximately 10-12 weeks during the semester, for a minimum of 15 hours per week. It is anticipated that most interns will be attending classes during the semester and will therefore be working a part-time schedule; however, the sections will attempt to accommodate requests for full-time internships.
Tax-Advantaged Investing with Asset Location
The allocation of assets between taxable and tax-advantaged accounts, known as asset location, is a tax minimization strategy that takes advantage of the fact that different types of investments receive different tax treatments. When reviewing asset statements, it’s not uncommon… Read More
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Tax Reform Resources for Navigating the New Tax Plan
Anders is continually monitoring the 2017 Tax Cuts and Jobs Act to determine how it will affect individuals, businesses and organizations. Our tax experts are closely studying the new law and its impact on a variety of industries and created… Read More
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Tax Reform: Impact on Not-for-Profits
The Tax Cuts and Jobs Act is changing the way organizations do business, including not-for-profit organizations. To help you prepare for the changes and take advantage of new benefits, the Anders Not-for-Profit Group has compiled a chart on the most… Read More
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Tax Reform for Manufacturers: UNICAP Exemption Changes
More manufacturers may be exempt from the Uniform Capitalization (UNICAP) rules following tax reform. The UNICAP rules from Code Section 263A generally require that certain direct and indirect costs associated with real or tangible personal property manufactured by a business… Read More
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Tax Reform for Businesses: Tax Rates and AMT for C-Corporations
There has been a lot of buzz about tax reform changes and how they will affect companies in the coming tax years. Some of these changes include the reduction of the corporate and individual tax rates, the repeal of the… Read More
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Tax Reform for Businesses: Qualified Business Income Deduction
The new Qualified Business Income (QBI) deduction is an area of tax reform that may affect how some business owners structure their entities. This new deduction puts flow-through businesses on a level playing field with C Corporations. In its simplest… Read More
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Tax Reform for Individuals: Changes in Deducting Gambling Losses
Professional gamblers and hobby gamblers are now on the same playing field in the eyes of the IRS. Under the Tax Cuts and Jobs Act (TCJA), changes were made to how expenses and losses are deducted against gambling winnings. Previously… Read More
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Tax Reform May Bring Bigger Tax Liability for Athletes
With a large salary comes a large tax liability for athletes, and that could be going up following tax reform. The Tax Cuts and Jobs Act brought benefits to many individuals, but athletes may notice some negative effects from it.… Read More
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Tax Reform: Impact on Health Care Organizations
The Tax Cuts and Jobs Act is changing the way organizations do business, including health care organizations. To help you prepare for the changes and take advantage of new benefits, the Anders Health Care Group has compiled a chart on the most important provisions for the industry. Complete the form below to download the Tax...
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Morris, King, & Hodge P.C. Sponsor the Driver Safety Taxi & Tow Service for the 5th Year to Help Stop Drunk Driving
Taxi & Tow for a Safe New Year: Morris, King, & Hodge P.C.
Tax Strategies That Can Save You as a Small Business Owner
Small business owners tend to take light of the many tax opportunities at their disposal to further grow their business and secure a robust retirement.
Tax Refund Loans is Helping Educate and Service People Who Filed Taxes Themselves during This Tax Season, with a Tax Refund Advance
Tax Refund Loans is proud to offer a service to people who are able to file taxes themselves and save money doing so. They deserve a company that is there to support them if needed, and Tax Refund Loans is stepping up to the plate to do so!
Tax Return Forms
Earning an income is just a mean of solving your financial problems. Once you steady your fiscal situation, you find the filing of your income tax return a rather stressful procedure. It refers as well to 1040ez form as to 1040 or 1040a forms.
Tax Return Outsourcing Will Give You Peace of Mind!
Tax return outsourcing is the best way out for accountants and accounting firms to meet all their tax calculation works.
It's a Taxing Time of Year
Tax time is approaching. Remind your readers to get ready.
Tax Return Preparation: Love it or Hate it, you have to Face it
Tax return preparation can be done in several ways to calculate your taxes and pay it to the government in time. You just have to make choice of finding out the best way of doing this to pay your taxes.
Tax Return Outsourcing - Greater Information Security
Tax return outsourcing is the best option to get quality service from a third party to do the work for you.
Taxing gas: A great idea, but can it fly?
A consensus is emerging in support of a price floor for gasoline, but getting it through Congress may be difficult. And will Obama expend capital on the idea?
Personal property taxes are due June 5, 2020.
Taxpayers can pay online, by phone, by check, or in person.
Taxes on natural resources reduce use of raw materials
A recent study has investigated how taxes on virgin raw materials used in construction, such as gravel and sand, have reduced the use of these resources, based on experiences in Denmark, Sweden and the UK. However, greater incentives to recycle these materials are still needed, says the study.
Taxiway take off: Licences of 2 Jet pilots suspended
Jet had last Friday said that the incident happened when their plane was trying to take off from the runway. But the preliminary probe by Saudi authorities has found that the lane was trying to take off from a taxiway parallel to the take off-designated runway at full power.
Tax India, fail Bharat
Devinder Sharma
points out the deeper flaws in the thinking behind Budget 2004-5.
Tax: Joining forces to fight financial crime and illicit activities
Financial crimes, including corruption, tax fraud and money laundering, are a threat to all countries, both developing and developed. The sums are vast. Estimates have put total proceeds from all illicit activities at 3.6% of global GDP.
Tax incentives and skills: A cautionary tale about the risk of complexity
Tax incentives are used widely across OECD countries to incentivise individuals to invest in education and training, but are they effective? Recent evidence from the USA highlights the risk of creating overly complex systems in which the embedded incentives are no longer fully understood by individuals. This carries an important lesson for other countries in designing their own tax measures for skills investments.
Taxing Wages: Key findings for Germany
The tax wedge for the average single worker in Germany decreased by 0.1 percentage points from 49.5 in 2018 to 49.4 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Germany had the 2nd highest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Germany
This country note explains how Germany taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxation of household savings: Key findings for Germany
This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.
Taxing Wages: Key findings for Ireland
The tax wedge for the average single worker in Ireland increased by 0.3 percentage points from 32.9 in 2018 to 33.2 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Ireland had the 24th lowest tax wedge among the 36 OECD member countries, compared with the 25th in 2018.
Taxing Energy Use: Key findings for Ireland
This country note explains how Ireland taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxing Wages: Key findings for Israel
The tax wedge for the average single worker in Israel increased by 0.2 percentage points from 22.5 in 2018 to 22.7 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Israel had the 32nd lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.
Taxing Energy Use: Key findings for Israel
This country note explains how Israel taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives
Taxing polluting sources of energy is an effective way to curb emissions that harm the planet and human health, and the income generated can be used to ease the low-carbon transition for vulnerable households. Yet 70% of energy-related CO2 emissions from advanced and emerging economies are entirely untaxed, offering little incentive to move to cleaner energy, according to a new OECD report.
Governments should make better use of energy taxation to address climate change
Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report.
Much better use can and must be made of taxes to help reduce pollution and greenhouse gas emissions, concluded the participants of the 6th Global International Tax Dialogue conference
Taxes are potentially among the most effective ways of cutting pollution and greenhouse gas emissions, but they are currently – with very few exceptions – underused; and even where used, they are frequently designed in a sub-optimal way.
Taxing Wages: Key findings for Luxembourg
The tax wedge for the average single worker in Luxembourg increased by 0.2 percentage points from 38.2 in 2018 to 38.4 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Luxembourg had the 17th highest tax wedge among the 36 OECD member countries, compared with the 18th in 2018.
Taxing Energy Use 2018: Key findings for Luxembourg
This country note explains how Luxembourg taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.
Taxation of household savings: Key findings for Luxembourg
This note presents marginal effective tax rates (METRs) that summarise the tax system’s impact on the incentives to make an additional investment in a particular type of savings. By comparing METRs on different types of household savings, we can gain insights into which assets or savings types receive the most favourable treatment from the tax system.