In the latest tax reform plan floated in Salem, the inclusion of a sales tax is not the problem. The problem is that the plan uses a sales tax to pay for a big income tax cut for wealthy Oregonians. Commendably, Senator Mark Hass and...Show More Summary
The ABC has a warning to all those Canberrans who feed the beast that Parliament might be made to death march through the holiday period to put some heat into the Coalitions debt ceiling and carbon tax plans: He [Tony Abbott] raised the prospect of bringing Parliament back on December 16 for an extra week of [...]
2013 is rapidly coming to a close. With all the holiday festivities coming up, it is also important to designate some dedicated time and thought to one's finances and tax planning for 2013-2014. It could be time very well spent. AndShow More Summary
New York state voters from every region and from all income levels support allowing Mayor-elect Bill de Blasio to raise taxes on those earning $500,000 or more to pay for expanded education programs, according to a new poll by Quinnipiac University. Show More Summary
Even though April 15th is still several months away, it’s never too early to start working on your tax planning strategy. The new year is set to bring a number of changes, including new tax rules under the Affordable Care Act and the expiration of several tax benefits. Unless Congress decides to extend some or [...]Show More Summary
The Liberals’ Brendan Smyth is turning up the heat on Andrew Barr and his tax reform plans: This morning the Canberra Liberals will call for a privileges committee to be established to investigate whether Treasurer Andrew Barr is in contempt of the Legislative Assembly over refusing to table all documents relating to ACT Labor’s tax reforms, [...]
Tax planning for the Net Investment Income Tax is similar to traditional tax planning. The goal is to manage net investment and adjusted gross income in an effort to reduce the amounts that are subject to tax. However, the net investment...Show More Summary
The National Tax Association 106th Annual Conference on Taxation continues today in Tampa. Tax Prof speakers include: Abusive Tax Planning, Tax Aggressiveness, and Tax Penalties: Joshua Blank (NYU) (Organizer and Moderator) Karie Davis-Nozemack (Georgia Tech), The Necessity of the Tax Whistleblower Alex Raskolnikov (Columbia), The Uncertain Uncertain: Assessing Tax Penalties...
By David Fabian: With less than six weeks until the end of the year, investors should start doing some tax planning on their taxable investment accounts to ease the burden of capital gains. Many advisors recommend different strategies to tackle this situation ranging from selling losing positions to gifting investments. Show More Summary
Chilling effects. Tax Analysts story ($link) about last week’s conviction of tax shelter figure Paul Daugerdas, and the acquittal of […]
Being as the Virginia gubernatorial election is today, and we at the Tax Foundation value keeping the citizenry informed, I thought I’d re-post a few of our findings from examining the tax plans of each of the gubernatorial candidates. Show More Summary
SAN FRANCISCO (Reuters) - When Stockton, California, filed for bankruptcy last year, the stage was set for a precedent-setting battle with Wall Street over whether bondholders or retired public employees should pay the price when a local government goe...
The Tax Savvy Wedding Planner: why you might want to postpone, or move forward, your wedding date (or not say “I do” at all).
Timothy Edgar (Osgoode Hall), Corrective Taxation, Leverage and Compensation in a Bloated Financial Sector J. Richard (Dick) Harvey (Villanova), Apple's International Tax Planning Tracey Michelle Roberts (Seattle), Energy Industry Tax Subsidies: A Comparison of Investment Incentives Paige Marta Skiba (Vanderbilt), Tax Rebates and the Cycle of Payday Borrowing Willard B....
Jack Hatch’s income tax plan would raise taxes on all but very small businesses. It’s all in the […]
Benjamin M. Leff (American), Tax Planning for Marijuana Dealers, 99 Iowa L. Rev. ___ (2014): In recent years, many states have legalized marijuana while the federal government continues to consider all marijuana sales and use illegal. But marijuana industry insiders consider not federal criminal law but federal tax law to...
David Cameron knew his PMQs would be difficult today, thanks to Sir John Major and his energy tax plans. So it proved. Never mind that Ed Miliband's punchy performance, including an effectively nasty line that really hits Mr Cameron where it hurts: "John Major was a Conservative PM who actually won a majority, unlike this [...]
Citizens for Tax Justice, a left-leaning think tank, has released a new tax-overhaul plan.
Saturday: Year-End Tax Planning for Individuals and Businesses Organ: The Declining Quantity and Quality of Law Students IRS, Tax Court Re-Open After Government Shutdown The IRS Scandal, Day 163 Sunday: 2013 Moot Court Rankings Gamage & Louk: How to Avoid Another Shutdown Top 5 Tax Paper Downloads The IRS Scandal,...
New York Law Journal: Year-End Tax Planning for Individuals and Businesses: Now that the final quarter of the year is under way, it is an ideal time to focus on year-end tax planning to minimize taxes for this year and be better positioned for next year's taxes. The government's shutdown...