(One might ask: Aren't we all tax people?)
The first common - sense rule of taxation is: Don't tax people that can leave.»
KEEP IN MIND: We're solar people,
not tax people, so we don't give tax advice.
Not exact matches
We agree that
people shouldn't be fired for their political views, but this isn't a disagreement on
tax policy, this is advocating hatred and violence.
«Corporations don't pay
tax,
people pay
tax,» says Krishna.
People want free markets — and the free flow of goods and services across borders — but they don't want to be told that other places are better places to do business, and they don't like the idea that another nation might grab a bigger share of corporate
tax revenues.
People have accomplished that by exploiting a giant loophole: The size of the
tax deduction is based on a claim about how much the land's value is diminished by the promise
not to develop it.
«It's becoming far more common,
people are having their kids older and they're using these technologies that weren't available to everybody 20 years ago,» said H&R Block senior
tax professional Valorie Elgar.
People queuing up for Mega Millions tickets aren't the only ones salivating over the record $ 540 million jackpot that could be won Friday — some state governments struggling through lean times know a hometown winner would bring a
tax bonanza.
And look, we get that a major criticism of Buffett is that he's a hypocrite and loves to tell other
people to do things he himself doesn't do (like pay high
taxes).
«I want to reassure
people that it's
not as complex as it may seem at first glance and that Credit Karma
Tax has a number of resources about how to approach bitcoin and
taxes.»
But you can
not make the
tax credit so complex that
people will shy away from it.
More from Personal Finance: Here are five ways
people cheat on their
taxes Don't panic: Do this if you haven't filed your
taxes yet Here's what to do if you can't pay your
tax bill on time
«When
people have forgiven debt, they shouldn't automatically think they're going to be
taxed on that income,» says Andrew Schwartz, founder and managing partner of accounting firm Schwartz & Schwartz in Woburn, Mass. «If somebody's debts exceed their assets, that 1099 - C [the
tax form for forgiven debt] isn't taxable.»
But Harvard researchers found that most
people don't think about
taxes when deciding how much to save for retirement.
Not so fast, says Evelyn Jacks, a financial advisor, author and
tax expert — in fact,
people understand exactly what's going on, which is why they're so mad about it:
In cases where
tax return was
not filed, the IRS notes, most
people are allowed a three - year window to claim their refund.
Although many
people anticipate that their
tax bracket will be lower, this is
not always the case.
Just examining a
person's hourly wage does
not consider the effects of taxation, social programs or
tax credits on their after -
tax income.
He added that
people are also sick of seeing «billionaires
not paying any federal income
taxes,» something Trump may have been able to do for more than a decade.
Prudchyenko shares, «If we don't want to have
taxes and retirement age increased, migration of responsibility for
people's retirement from the private sector to public sector should be stopped.
That means
people won't see changes to their
tax returns until after the 2018 mid-term elections.
«Most
people don't know that 25 percent of their ticket goes to various
taxes,» she said in an interview with «Closing Bell.»
«And no, we won't raise
taxes on those citizens, despite what the NDP say or other
people are calling for.»
After my comparison of H&R Block and TurboTax came out, a reader reached out to tell me that FreeTaxUSA was another good option for
people who want to file their
taxes without having their intelligence insulted (his words,
not mine).
On the other hand, 71 percent favor the law's Medicaid expansion, 66 percent of young adults favor the prohibition on denying
people coverage because of a
person's medical history, 65 percent favor requiring insurance plans to cover the full cost of birth control, 63 percent favor requiring most employers to pay a fine if they don't offer insurance and 53 percent favor paying for benefit increases with higher payroll
taxes for higher earners.
Where the Small Business Scorecard is concerned, the good hiring news really needs to be tempered with the fact that we continue to see more and more reliance on independent contractors — workers without company - paid benefits and matching FICA
taxes, and
people who can't always count on their employment continuing.
«This combination of raising the standard deduction and eliminating itemized deductions will make
tax preparation easier, but I'm
not sure it will be a savings for higher income
people,» said Tim Steffen, director of advanced planning at Robert W. Baird & Co. in Milwaukee.
«For some
people, that might
not be ideal for their
tax bracket.»
It's
not the first time banks have loaned too much money to
people who could ill afford to borrow it, and ultimately it will be the
tax payers who pick up the tab.
When Trump announced his
tax reform plan, he said, «We're reducing
taxes, but believe me, there will be
people in the very upper echelon that won't be thrilled with this,» suggesting that through eliminating deductions that the wealthy often use, the rich would pay more.
n general,
people who are more organized do a better job of tracking expenses and keeping records neat for
tax purposes,» she adds.
That's why the controversial proposals to dramatically change the taxation of private business in Canada are proving three things:
tax literacy is alive and well in Canada, most
people understand and value the incredible entrepreneurial spirit that drives the economic engine in this country, and the government thought these
tax changes wouldn't be a big deal.
«To
not be able to use this one simple
tax relief to help
people get back on their feet is going to be really painful,» he said.
But back in the real world,
tax sheltering did not end until Reagan signed the Tax Reform Act of 1986, which made it much more difficult for people to manipulate losses to create tax shelte
tax sheltering did
not end until Reagan signed the
Tax Reform Act of 1986, which made it much more difficult for people to manipulate losses to create tax shelte
Tax Reform Act of 1986, which made it much more difficult for
people to manipulate losses to create
tax shelte
tax shelters.
You will
not be the first (or last)
person to think you will luckily escape drawing the short stick in being put to the test via a
tax audit.
Instead of simply trying to outlaw an obviously productive practice, why
not simply figure out a way to make sure that
people who rent rooms are paying their
taxes?
I don't agree very much with a lot of things our president is doing, but I do agree with his guest worker program, so that
people could work here and remit
taxes, for crying out loud.
Said McCain: «I want America's smartest
people creating jobs,
not wasting their time, energy and capital navigating our incomprehensible
tax laws.»
At least 10
people tried to mail their
taxes through the campground post office on the first day of the festival — a reckless choice considering the mail doesn't have a return address and, as Hampton says, the destination isn't always written out carefully considering the senders» level of sobriety.
For those who can't afford help or are determined
not to spend a dime yet still want in -
person assistance from a
tax pro, the AARP Foundation runs the volunteer - based Tax - Aide progr
tax pro, the AARP Foundation runs the volunteer - based
Tax - Aide progr
Tax - Aide program.
Unlike many other states,
people in New Jersey don't pay any vehicle property
taxes either.
Trump's
tax returns wouldn't give a full picture of his wealth, since
people don't have to report assets.
As Ford told Canadian Business, he believes that a few unnecessary
taxes, graffiti on the streets, and the fact that his predecessors at city hall «aren't business
people» are turning companies away.
(Though
not by Norquist, who characterizes the maneuver as telling the American
people, «we had a vote, but because we did it in an interesting order, please don't notice that we raised your
taxes by $ 100 billion.»
There are various theories as to why the presidential candidate may
not want
people to see his
tax returns — maybe he doesn't donate to charity as much as he says he does; maybe he's
not as wealthy as he claims; and maybe he just doesn't pay
taxes — something we saw in his
tax returns from the 1970s.
Many of the business
tax cuts in the Republican plan are simply windfalls for
people who made business investments in the past — and even if investors are very responsive to incentives, they can't respond to the bill by investing more in businesses and creating more jobs in the past.
Knowing that if a compromise isn't reached between Speaker Boehner and President Obama, the result is a likely recession, should small - business groups back Boehner's insistence that the Bush
tax cuts be preserved for everyone or should they acquiesce to the President's call for higher
tax rates on
people earning more than $ 200,000 a year?
«If I'm a small - business
person, the one thing I don't want to see is the expiration of the payroll
tax cuts, because I'd like to have my customers with a bit of a boost to their paycheck,» says Jared Bernstein, a former top economic adviser to Vice President Joe Biden.
He was part of a New York City dinner circuit that includes
people who believe the US should go back to the gold standard, rich
people who don't think they should have to give back to society in the form of
taxes, and anyone interested in either of those ideas who wanted to write a book about them.