Where does your phone tax go? * Where does the Universal Services Fund go?Taylor, SteveHettick, Larry
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Amending your tax return does not inherently put you at a higher risk of an audit. However, certain errors may warrant investigation. It’s always important to keep detailed tax records just in case. FreshBooks makes it simple for you to maintain these records in a centralized location. What ...
“What we did was copycat New York’s law. We wanted to follow New York but go with a higher tax,” Mizunotold Sports Handle. “We said, ‘Hey New York got it passed, so let’s do what they did.’ That was my request for the bill drafters.” ...
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Thus, the first question we need to get our arms around is... Why The Decline? As we've discussed a time or two already, I believe there were three primary drivers to the market's dance to the downside. First and foremost was the fear of a Fed "overshoot" - i.e. fear of the ...
How Far Would $50 Billion in Taxes on the Rich Go?: The Government We Deserve But, you say, isn't Congress going to try to rescind some of the Bush tax cuts? Most likely, yes, but not enough to make much headway against many problems that each entail annual shortfalls of hundreds ...
To prevent that from happening, over the long haul any government is forced to run a primary budget surplus, meaning that tax receipts exceed expenditures other than interest costs, in order to be able to use some of that primary surplus to make interest payments. The higher the debt load,...
The decision to realize a loss or continue holding an investment depends on your financial goals,risk tolerance, and overall market outlook. While unrealized losses may recover over time if the stock price rebounds, realized losses provide certainty and potential tax benefits. However, they eliminate...