Published on March 16, 2010 by Technology Slice
Budget May Be In Surplus Early – Speculation that Treasurer Wayne Swan will hand down the Henry Tax Review on the same day as the May 11 Budget would seem unlikely if research by a leading Australian investment bank proves correct. Macquarie Research says the Budget could be brought back to surplus by 2011-12, four [...]
Tags: Australian Investment, Economist, Election Year, Fiscal Outlook, Fiscal Position, Income Taxes, Investment Bank, Jobless Rate, Ken Henry, Last November, Mr Swan, Report Suggests That, Speculation, Standout, Swan, Treasurer Wayne, Treasury Secretary, Turnaround, unemployment rate, Wayne Swan
Posted in Money
Published on February 3, 2010 by Technology Slice
he Obama administration’s plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families. In the 2010 budget tabled by President Barack Obama on Monday, the White House wants to let billions of dollars [...]
Tags: Alternative Minimum Tax, barack obama, Billions Of Dollars, budget, Congress, Income Households, Income Taxes, Inflation, January 1, Lawmakers, Middle Class Families, Next Decade, Proposal, Slew, Stealth, Tax Breaks, Tax Hike, Tax Increases, Trillion, White House
Posted in Money
Published on January 11, 2010 by Technology Slice
thanks
Tags: Income Taxes, Open Question, Quarterly Income
Posted in Money
Published on January 11, 2010 by Technology Slice
If someone has not filed taxes for several years, and in one of the years they were paid under the table and have no idea how much it was, how would one go about determining tax liability in a way that would satisfy the IRS? Also, would the IRS likely audit that person if they filed all of the years’ tax returns but simply left that year out? They are self employed. Thanks.
Tags: File Taxes, Income Taxes, Irs, Open Question, Tax Liability, Tax Returns
Posted in Money
Published on January 11, 2010 by Technology Slice
In April of 2009 I purchased a 5-acre parcel of land. It was empty – no houses or structures of any kind. This was my first time purchasing any type of real estate. I don’t think I’d qualify for that “First Time Home Buyer” tax credit, but will the purchase of this property effect my income taxes in any way?? I already paid the property tax for it this past December. Thanks!!
Tags: Acre Parcel, April, First Time Home, First Time Home Buyer, First Time Home Buyer Tax Credit, Income Taxes, Open Question, Parcel Of Land, Property Tax, real estate, Tax Deduction, Time Home Buyer
Posted in Money
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