AUSTRALIA'S film industry is preparing for further strong growth in foreign film production, thanks to some flag-waving by five Australians, inc-luding actors Nicole Kidman and Russell Crowe, who walked off with Golden Globe awards from the Hollywood Foreign Press Association last week....
Dec 18, 2023 Section 1202 of the IR Code & Tax Breaks for Small Businesses By Will Kenton Jul 27, 2023 The Basics of REIT Taxation By Mark P. Cussen Jul 30, 2024 How Inheritance and Estate Tax Waivers Work By David Gorton Jan 30, 2024 ...
A new report from the Institute on Taxation and Economic Policy and the Roosevelt Institute claims that the decision inMoore v United States, which some have described as the most consequential tax case to reach the US Supreme Court in decades, could result in $271 billion i...
Thankfully, Australia has come up with various solutions to make being green a less expensive endeavour. One way the government encourages consumers to switch toclean renewable energyis through solar power incentives and tax breaks. But what does that mean, and are you eligible? We’ll answer b...
S corps are particularly closely watched by the IRS, because they include certain favorable tax breaks. For example, an employee-shareholder’s wages are considered distributions subject to personal income tax, but not self-employment tax. IRS requirements may be limiting. The IRS rules for S ...
Earlier today at the Friedman Conference in Australia, I spoke on the proper design of a tax system. My goal was to explain the problem of double taxation. I’ve repeatedly shared a flowchart to illustrate the pervasive double taxation in the current system (my example is for the United Sta...
Labor Could and Should Have Gone Stronger on the Petroleum Resource Rent Tax, by Rod Sims. Straightening Out the Super Tax Breaks Debate, by Brendan Coates and Joey Moloney. The Priorities of Australians Ahead of Budget 2023-24, by Nicholas Biddle....
Expecting a tax refund? The team at Hopper breaks down how to maximize your tax return and put it towards a future trip. Hayley Berg-Wed Apr 17 2024 It’s that time of year again when (most) taxes have been filed and returns begin to hit American’s bank accounts. Many Americans ...
These individuals are now eligible for a variety of tax breaks, including exemptions from federal and local income taxes on certain types of income. Act 22, also known as the Individual Investors Act, is a Puerto Rican law that provides tax breaks to individuals who relocate to Puerto Rico ...
Tax deductions: Tax deductions not guaranteed due to being subject to user data entry errors. Mileage calculation provided by theAustralia Taxation Office- 85 cents per kilometre for the 2023-2024 income year. To a maximum of 5,000 business kilometres per car (Deductions are only applicable to ...