Tax on High-Value Health Plans Gains Momentum After Obama SpeechBy Brett Ferguson and Heather M. RothmanPublication date: 09/11/2009

Saving for your retirement is one of the most important disciplines of your work life. The aim of saving up is to ensure that you maintain - if not improve - your lifestyle after retirement even after adjusting for inflation and increased health costs. With proper financial planning, one can invest

The IRS can take all or part of your tax refund money if you owe back child support. The federal Treasury Offset Program allows for the interception of tax refund money for certain debts, including court-ordered child support. Your refund money is forwardEd by the intercepting agency to the person y

Grievances arise in matters related to law. If any assessee is not satisfied by the order given by an assessing officer or a commissioner, he can file an appeal against such order. The Income Tax Act provides for the procedure to file an appeal.

When a person dies and leaves behind cash or other assets, the assets inherited by his beneficiaries, often a child or grandchild. The sum of all the assets left behind by a deceased person is known as his estate. The U.S. government imposes estate taxes on the total cash value of assets left behind

The federal and state taxes an employer withholds from employees’ paychecks are used to fund national and state programs such as community development, foreign affairs, interest on national debt, public health and transportation. These taxes are mandatory; therefore, employers are required to

It's tax time and everyone is feeling the pain. There is a widely unknown source of write-offs for any every day person. Having a home business allows anyone to take the write-offs that the Corporate Giants get.

The federal government offers several tax incentives if you pay for college for a son that does not live with you. You may even qualify for the most valuable education deduction. How much you can deduct has several variables, such as other family in college and the cost of the college or university.

Many of the Recovery Act provisions are geared toward individuals: Homebuyers Credit. Homebuyers who purchase by April 30, 2010, and settle by September 30, 2010, may be eligible for a credit of up to $8,000. ...

Minnesota repealed the state’s inheritance tax effective December 31, 1979, and does not currently charge an inheritance tax. Minnesota does levy an estate tax based on the value of the descendant’s estate at death.

At the end of 2009, the U.S. Senate attempted to decide the fate of the estate tax. Unfortunately, members of Congress failed to pass any type of change to the laws surrounding this tax, which will li

As of October 1, 2011, the District of Columbia sales and use tax will apply to a new range of service providers. Armored car, private investigation, and security services are now required to pay the sales and use tax at the general six percent rate. This tax will apply to any charges for services r

The Australian authorities have asked the Board of Taxation to review the legal framework for the administration of the GST, including the Labor government's proposal to reduce the paperwork burden fo

Have you seen or come across people who fall asleep suddenly in the middle of a conversation? It may have seemed amusing to you but is a classic example of the daytime sleep disorder called narcolepsy

Self managed superannuation funds (SMSF) are controlled and regulated by the Australian Taxation office. Superannuation funds were established with the goal of collecting and investing the life long contributions that can be used during retirement. However, unlike other funds, the SMSF allows the co

It is possible to carry forward a tax loss to future years. However, a separate calculation is used for this process, meaning somebody who has a negative taxable income figure on his tax return will not necessarily be able to carry forward any or all of the loss. Usually any transferrable loss is ap

The Canada Pension Plan, CPP, is a Canadian government-managed retirement plan that also provides financial protection from disability and death. All Canadian workers must contribute to this retirement plan. Payments are either deducted from wages by employers or paid directly by self-employed worke

Find essential business tax kits, downloadable templates, and accounting software to help manage your business taxes more effectively. Find checklists, agreements, and advice for choosing the right form of business to incorporate, properly hiring employees and independent contractors, sending out in

Learn about IRS forms. Uncover how tax professionals help customers with tax forms. Understand the hidden benefits of working with a tax professional vs. doing taxes yourself.

This job role is a stepping stone for those who want to make their career in the Tax accountancy. The aspiring candidate should possess basic knowledge of accountancy, sales tax laws and must have com