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The story of American income taxes begins 1812.The 1st attempt to inflict an income tax on Americana occurred as a result of the War of 1812. At the end of two years of war, the federal government owed an unbelievable $100 million of debt (in inflationary terms, it probably had the same impact on the treasury as $100 billion debt would today). To pay for this, the government doubled the rates of its major source of revenue, customs duties on...more
Football is one of the most watched games that have ever been invented to overwhelm and fire up sports fanatics in the United States along with people all over the world who are electrified with full-packed and real action games. The game is known as one of the swift paced games among other famous ball games. You will never get tired of watching your preferred team with all the exciting moves and touchdowns they make filled with energy. For my experience, I never skipped a week to buy a Dolphins tickets to display my support to Miami's team. With your Dolphins ticket at hand, you're secured with live football action experience through watching the ace players like Dan Carpenter and Sean Smith who plays defense and offense together with the team's great effort to be victorious this season.The latest game played by the Miami Dolphins was with Cincinnati. I was one of the audiences who were at the premium seats after getter a Dolphins ticket from a trusted website. During the first quarter of the game, the Bengals are on the lead and the Dolphins are starting slow. The Wildcat play has some few mistakes but with the best move that made the team burst with energy to win the game. Smith...more
Finding the right tax attorney in Maryland can be a daunting task especially because very few people are dedicated to tax law. It becomes even more difficult when you are already frustrated with tax problems. Choose the perfect one and your problems will be vanished. Choose the wrong person and you are never going to come out of the impending doom....more
Handling taxes is a specialized job and it is best left to a legal professional experienced in the matter. Whether you are an individual or an organization, you may require the help of a competent tax attorney in certain circumstances involving transactions with the Internal Revenue Service (IRS). When do you need help?Let us get a closer look at...more
Third Wave: The Alternative Minimum Tax (AMT) and Employer Tax Hikes. When Americans prepare to file their tax returns in January of 2011 - the AMT won't be held harmless, and many tax relief provisions will have expired. The major items include: ...The AMT will ensnare over 28 million families, up from 4 million last year. ...According to the Tax Policy Center, Congress' failure to index the AMT will lead to an explosion of AMT taxpaying families-rising from 4 million last year to 28.5 million. These families will have to calculate their tax burdens twice, and pay taxes at the higher level. The AMT was created in 1969 to ensnare a handful of taxpayers. Small business expensing will be slashed and 50% expensing will disappear. ...Small businesses can normally expense (rather than slowly-deduct, or "depreciate") equipment purchases up to $250,000. This will be cut down to $25,000. Larger businesses can currently expense half of their purchases of equipment. ......In January of 2011, all of it will have to be "depreciated." ...Taxes will be raised on all types of businesses. ......There are literally scores of tax hikes on business that will take place. The biggest is...more
All over the world, the words "I am a student" are usually accompanied by an attitude of entitlement. An attitude which says "Although I am not a minor, I should not be heaped with the responsibilities of an adult, but I should also be left to make...more
Whenever anyone mentions the tax rebate, many people usually set out to ask themselves whether or not they are entitled to one. Unfortunately, many of them still do not know what to look out for to determine whether the revenue commission owes them...more
We all know that it is not such a difficult thing to get a tax refund. To say the truth, a lot of the difficulties that many tax payers get when applying for the rebates have got nothing to do with the process itself. Plenty of the problems come...more
Whenever people think tax returns deadline, their minds are usually filled with the possible penalties that they are likely to receive from the revenue commission. However when it comes to asking for tax refunds, many people hearts are usually filled...more
Whenever someone hears of tax rebate, the first question that he or she asks himself is whether the tax rebate is applicable to him or her. For this particular reason, it is important for you to note that when it comes to getting a tax rebate when...more
If you are one person who not only wants to know how much tax you should pay, but also wants to understand why you should pay the tax, then you simply cannot avoid using the tax calculator. This is especially true if you have got different sources of...more