Posts Tagged ‘Current’
Wednesday, May 26th, 2010
It is not news that state tax revenues have been absolutely hammered in the current economic downturn. But you may be surprised to learn that one local tax has held up relatively well. It is, of all things, the property tax .
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Tags: Absolutely Hammered, All Things, Current, Economic Downturn, One Local, Property Tax, Relatively Well, Tax Has, Tax Revenues, The Current, You May
Posted in Property Tax | No Comments »
Wednesday, May 26th, 2010
But in an effort to pull more future income into the current and previous fiscal year, the 2009 budget front-loaded estimated tax payments so that 40 percent, rather than 25 percent, are due in June. …
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Tags: Are Due, Budget Front Loaded, Current, Current And, Into The, Into The Current, June, Pull More, The 2009
Posted in Income Tax | No Comments »
Wednesday, May 26th, 2010
Inheritance tax (IHT) is usually troubling to those that are affected by it. I know many who had hoped that the new administration in government would increase the current thresholds (£325000 or £650000 for a couple/ 2010) fixed by the …
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Tags: Are Affected, Current, Current Thresholds, Iht, Increase The, Increase The Current, Inheritance Tax, The, The New, Usually Troubling
Posted in Inheritance Tax | No Comments »
Saturday, May 22nd, 2010
I agree that something needs to be done with our current tax system but whatever is decided it must be fair to all individuals. Other examples of changes being proposed is a national consumption tax and a fair tax. The value added tax …
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Tags: All Individuals, But Whatever, Consumption Tax, Current, Decided It Must, Done With, Our Current, Something Needs, Tax, Tax System
Posted in Consumption Tax | No Comments »
Monday, May 17th, 2010
An early casualty of the new coalition government is the Conservatives’ planned increase in the inheritance tax nil-rate band to £1 million. Instead, the current exemption of £325000 will remain in place for the lifetime of the current …
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Tags: Coalition Government, Conservatives, Current, Early Casualty, Inheritance Tax, Lifetime, Nil Rate Band, Place For, The Current, The Lifetime, The New
Posted in Inheritance Tax | No Comments »
Wednesday, May 5th, 2010
Due to the current state of the economy the IRS has offered an even higher tax break that will cover mileage deductions from July 1st, 2008 through December 31st, 2008. The rate for business purposes for this six month window will be …
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Tags: 2008 Through, Business Purposes, Current, December, Economy, Economy The Irs, Irs, Rate For, The Current, Will Cover, Window Will
Posted in Tax Deduction | No Comments »
Sunday, April 25th, 2010
Given the current and projected large scale budget deficits of the United States, many people are advocating that the US follow the example of Europe and many other countries, and introduce a value added tax ( VAT ).
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Tags: Are Advocating, Budget Deficits, Countries, Current, Given The Current, The Current, United States, Vat
Posted in Value Added Tax | No Comments »
Saturday, April 10th, 2010
A national sales tax seems like a good idea, but not if it doesn’t replace the current and confusing national income tax system.
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Tags: Confusing National, Current, Current And, Good Idea, Income Tax, National Sales, Replace The, Sales Tax, Tax Seems
Posted in Income Tax | No Comments »
Friday, April 9th, 2010
Frankly, I favor the idea of a “ Consumption Tax ” to replace the current income tax system. It would eliminate to a great degree the inefficiency of the current system. Tax collection would be greatly simplified and the bureaucracy would …
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Tags: A Great Degree, And The, Bureaucracy, Consumption Tax, Current, Favor The, Favor The Idea, Great Degree, Greatly Simplified, Idea, Income Tax, Inefficiency, Replace The, Replace The Current, Tax System
Posted in Consumption Tax | No Comments »
Friday, April 2nd, 2010
We need to make the transition from our current system of income tax to a system of consumption tax . Very simply put: all I have to report when filling out my tax form is how much I earned and how much of that I saved; the rest is what …
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Tags: Consumption Tax, Current, Earned And, Filling Out, How Much, Income Tax, Make The Transition, Our Current, Tax Form, The Rest, Transition, Transition From
Posted in Consumption Tax | No Comments »