[ad_1] Failing to keep up with tax payments now could lead to an expensive surprise come next spring. As of Oct. 1, the Internal Revenue Service is charging 8% interest…
Tag: taxation
Families May Have to Make College Decisions Before Knowing Full Cost
[ad_1] Updated Dec. 1, 2023 10:08 am ET Applying for college financial aid will be more confusing this year for many parents and students, who will also have to fill…
IRS Court Win Paves Way for Higher Taxes on Hedge-Fund Managers
[ad_1] Nov. 30, 2023 10:00 am ET The Internal Revenue Service scored a significant win over the hedge-fund and asset-management industries this week in a case that could bring higher…
These Mutual-Fund Holders Should Brace Themselves for a Big Tax Bill
[ad_1] The good news for investors: There are steps to mitigate the damage now and avoid it in the future. [ad_2] Source link
4 Lucrative Tax Deductions That Seniors Often Overlook
[ad_1] Journal Reports: Investing Monthly 3 Crucial RMD Questions the IRS Needs to Answer By Leonard Sloane November 9, 2023 at 7:32 PM ET Some of the changes that Congress…
Denmark Tax Agency Clarifies Taxation of Sales of Wine
[ad_1] The Danish Customs and Tax Administration Nov. 23 posted online City Court Decision No. SKM2023.557.BR, clarifying the application of corporate income tax and VAT to sales of wine. The…
France senate implements stricter taxation measures on Airbnb
[ad_1] The French Senate has approved measures to subject Airbnb and similar platforms to VAT in an effort to address competition imbalances with the hotel sector. ADVERTISEMENT The French Senate…
Nigeria, revenue poverty and taxation atrophy
[ad_1] Lagos-Island, Nigeria. Photo:thenews-chronicle.com Sir: When our forefathers came up with the wise saying that ‘the earnest wish of potters is for earth to be clay’, it was not only…
IRS Delays Tax Deadlines Set by Congress. It Could Cost $8 Billion.
[ad_1] WASHINGTON—Congress set strict enforcement deadlines when it created new tax requirements for e-commerce platforms, older 401(k) savers and cryptocurrency brokers. The Internal Revenue Service has now postponed them all…
Subject of taxation on farm income
[ad_1] This article discusses the issue of availability of food for the poor at affordable prices, economics of agriculture and the misperception about the potential collection of tax on income…