The article reports that the executive branch of the Brazilian government released Provisional Measure 694/2015 (PM 694) on September 30, 2015. Topics discussed include PM 694 concerning the withholding tax applicable to payments of interest on net equity (INE) and introducing a further limitation ...
IRA owners that are required to make distributions can donate up to $100,000 of their IRAs to charity through 2014 without having to report the withdrawal as income and deduct the donation as a charitable contribution. Deductions will not be limited by the Adjusted Gross Income cap on charitabl...
Various tax changes inevitably occur from year to year. These can range from minor adjustments to the complete elimination of various tax provisions. The Internal Revenue Service has released information on a number of tax changes for the 2017 tax year.
The federal income tax is a pay-as-you-go tax: you must pay the tax as you earn or receive income during the year. Employees use Form W-4 to let their employer know the amount to withhold and pay for federal income taxes on each paycheck. An employee’s elections on Form W-4 prov...
The Reaction of Term Structure of Interest Rates to the Monetary Policy Actions This paper analyzes the response of the Term Structure of discount rates to the changes in the Federal Funds Target Rate. It also suggests a method of hedg... L Goukasian,I Cialenco - 《Social Science Electronic...
If you hold digital assets for a year or less, your capital gains are considered short-term and taxed as ordinary income, which can be as high as 37% depending on your federal tax bracket. Note that individual filers don't have to pay any federal capital gains tax if their total ...
Business opportunities do not often come in the form of compliance with Federal tax law In fact, preparing filings and maintaining compliance throughout the ordinary course of day-to-day business and throughout the year carries a heavy burden for businesses in both time and money. However, recen...
A new CBS poll found nearly three out of four people said the new law pushed their tax bill higher, or left it unchanged
State law partnerships that are treated as partnerships for federal income tax purposes are subject to a similar rule as to who can sign a POA as one LLC with some variations. The general rule is that all partners must sign the POA for tax items not subject to the B...
If you’re intimidated by DIY tax preparation software, don’t be! When you use TaxAct® to file your federal tax return, we’ll walk you through the filing process by asking you interview questions and then use your answers to determine which tax deductions and credits you might qualify...