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Do You Airbnb? The Lowdown on Taxes and Short-Term Rental Income

Turning part of your home into a miniature bed and breakfast is a great way to make extra money. It is important, however, to handle the taxes carefully so you pay what you need to—and not a penny more. The post Do You Airbnb? The Lowdown...Show More Summary

House GOP lines up tuition tax credit, Social Security help

House Republicans said they want to exempt more Social Security income from the taxes of Minnesota residents, create a credit for student loan payments and reduce property taxes for farmers … Click to Continue »

Republican Change To The ACA: A Health Care 'Minimum Income'

A key piece of the American Health Care Act is changing the ACA’s income-based subsidies to a blend of income- and age-based tax credits. For consumers under the income-eligibility threshold, this essentially creates a health care “minimum income.” The term “minimum income” has been used in more and more policy circles in recent years. Show More Summary

Shanske Presents Equitable Apportionment And The State Corporate Income Tax Today At Duke

Darien Shanske (UC-Davis) presents Equitable Apportionment and the State Corporate Income Tax: Past, Present and Possible Future at Duke today as part of its Tax Policy Workshop Series hosted by Lawrence Zelenak: What a tough break for formulary apportionment. We are at a moment when there is apparently a real...

The AHCA’s Tax Changes And Transfers Would Benefit The Wealthy, Hurt The Lowest Income Households

The AHCA’s Tax Changes And Transfers Would Benefit The Wealthy, Hurt The Lowest Income Households The House Republican health plan—the American Health Care Act (AHCA)—would...

PA Bill Would Create State Income Tax Credit for Tollpayers

BucksLocalNews.com http://www.buckslocalnews.com/news/state-representative-perry-warren-calls-for-toll-tax-credit-for/article_c57165ee-0e73-11e7-8291-1b926944bc03.html reports, “State Rep. Perry Warren introduced legislation on March 21 to establish a commuter and commerce toll tax credit program. Show More Summary

Complicated State Taxes for Business Travelers

Tomorrow, the House Judiciary Committee will hold a markup of HB 1393, the Mobile Workforce State Income Tax Simplification Act of 2017. The bill limits states from imposing or collecting individual income tax on people who are in the state for less than 30 days. Most states technically require such payments when someone is in […]

Tuesday Lunchtime Links: Walmart Opening Silicon Valley Incubator

Look alike robber, Mission housing battle, personal income taxes. [ more › ]

If you think taxes are too high, you need to read this

While taxes are indeed higher now than under President Bush, federal income taxes really aren't that high historically.        

You Can Probably File Your Taxes for Free

You can file federal taxes with free file software if your income is under $64,000. Most people don’t know that, though: Consumerist reports that only about three percent of eligible filers take advantage. Read more...

The Rich Pay Fewer Taxes Than the Poor, and Get More Services

Uninformed conservatives should consider who really benefits from U.S. tax laws and assistance programs. When all forms of taxes and income are considered, poor Americans pay higher tax rates than the richest 1%. The analysis startsShow More Summary

Australia says Facebook and Google are paying more local tax

Australia's treasurer says Facebook, Google and other multinational companies are paying tax in Australia on their Australian profits instead of shifting income to low-tax countries since the government cracked down … Click to Continue »

Manufacturers Support Committee Action on Mobile Workforce Bill

The NAM is pleased that the House Judiciary Committee on March 21 is slated to consider the Mobile Workforce State Income Tax Simplification Act (H.R. 1393) introduced by U.S. Rep....

TurboTax Online Tax Return app now available for Windows 10 devices

TurboTax is one of the most popular income tax preparation services in the US. The official TurboTax app is now available for Windows 10 devices. Citizens can avoid filling the data manually by taking advantage of TurboTax’s combination of document upload capability and accurate data transfer. TurboTax SmartLook allows anyone to connect live, via one-way […]

News: Politicians in New Zealand raise alarm about Apple’s tax arrangements

2 days agoTechnology / Mobile : iLounge

Despite making $4.2 billion in sales in New Zealand since 2007, Apple pays no taxes in that country, the New Zealand Herald reports. Apple has paid $37 million on that income, but the money went to the Australian Tax Office instead of staying in New Zealand. Show More Summary

Apple paid taxes from New Zealand revenues to Australia for the last 10 years - report

Apple has not paid any income tax in New Zealand for the last ten years, a new report reveals, with the iPhone producer said to have paid out only $37 million from sales generated in the country, paying the due tax to the Australian Tax Office instead of New Zealand's Inland Revenue.

Tax Benefits for Students: How To Pay Less And Get More Back

As a student, you've got tuition bills and not a lot of income. Fortunately, you've also got access to a range of tax credits. Tax benefits for students. Tax Benefits for Students: How To Pay Less And Get More Back appeared first on Money Under 30. © Moneyblogs, LLC.

Apple New Zealand is paying taxes in Australia: Report

According to a report, Apple NZ has paid no tax in New Zealand regardless of recording $4.2 billion in sales since 2007 -- but has instead paid $37 million in income tax to the ATO.

Tax Court Denies Foreign Earned Income Exclusion in Two Recent Cases

By Ephraim Moss, Esq. & Joshua Ashman, CPA Following the trend of the past several years, the Tax Court continues to review foreign earned income exclusion cases at a relatively high rate.  In most of the recent cases, the Tax Court has denied the FEIE claims on a number of different grounds. Show More Summary

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