Articles, tagged with "tax burden", page 1

According to political insiders in California, almost a glut of several initiatives is aimed at the November 2012 ballot, all of which have a common objective to raise taxes. The race to make multiple tax measures qualify is inspired by new polls, which s...

GST is a destination based consumption tax. Consumption taxes are regressive in nature. It increases the gap between the rich and the poor. The pertinent point is whether such tax would be fruitful for the economy as a whole or not? Is it not so that shif...

During tax season, people's most important issue is how to keep from forking out more taxation that they need to. Normally it's in the last period during those lag months, people try a last ditch effort to save, but there are steps you can take now in ord...

Relating to January and mid-April, Americans throughout the country will be bracing themselves, preparing and filing for ones 2011 tax season. Vital documents, forms and financial summaries shall be sent out to each one and then sent back out with taxatio...

Next to the children, the division of property is probably the most important part of the divorce proceedings. This is especially true when there is ownership of a house before the divorce proceedings are begun. There are several options open to couples w...

Income tax preparation is a vital side of everybody's life. Each US voters scramble to get their taxation estimate preparation finished in time for the cut-off point. To make income tax preparation less complicated, there are many tools available to aid i...

Every person who files a tax return is entitled to one personal tax exemption. The exemption should reduce a person’s tax burden and help them qualify for a tax refund. The only time you can claim a personal tax exemption is if a person claims you as a...

A Chinese Representative Office (RO) may be the easiest and the cheapest way to establish your firm's presence in China. However there are some traps which you should be aware of before and after the RO's set up. Firstly, non-payment of taxes is a seri...

From Title 26 of the United States Code - also known as the Internal Revenue Code: "Subchapter A of chapter 1 (relating to determination of tax liability) is amended by adding at the end thereof the following new part: "Part VI - Minimum Tax for Ta...

In the past several articles we have talked about tax planning, and Alternative Minimun Tax planning in particular. Sure, it gets into some details, and sure, taxes are not easy. But let's step back and take a look at the "forest for the trees" and do a...