and WorldCom ushered in a new "expectation" in tax
practice at both the advisory and firm levels, one that might be characterized as tax
Everyone active in politics today--virtually every elected official, every speechwriter, every strategist and pollster--came of age in the 30-year era of tax
Executives Institute is the preeminent association of business tax
When individual clients receive an income tax
refund, a bonus, an inheritance or another windfall--or even have some extra cash on hand after paying off their bills--they have a number of options.
As you meet with clients, research what's new in the tax
codes and update your software to provide the best service you can, spring ahead and confidently meet the only season that's never late or early--tax
law has areas that are unclear and difficult to interpret, and in some cases the outcome of a given structure or position may not be entirely clear, even where there is enough support in the law to justify its legitimacy.
This year, the slakes are even higher thanks to the passage of the federal Jobs and Growth Tax
Relief Reconciliation Act of 2003 (JGTRRA), the third largest tax
cut in U.
The many currency crises of the 1990s gave the Tobin tax
new political momentum.
Comparing the per capita tax
burden to expenditures on goods and services shows that Americans are spending more money per capita in 2000 on taxes
($10,447) than on food ($2,713), clothing ($1,436), and shelter ($5,913) combined (see Figure 3).
While this may come as no surprise to those of us in the industry, what has raised a few eyebrows is the cutting edge appearance of the State Historic Rehabilitation Tax
Credit that can be combined with the federal tax
credit on the same project.
withholding, whereby employers deduct from our gross pay an estimate of the federal and state income taxes