Great tax professionals always keep a watchful eye on the actions of Congress and the IRS, many of which may affect your tax filings. A prime example is the extension and expansion of the first-time homebuyers tax credit President Obama signed in November of 2009, which was scheduled to lapse on December 1. The $8,000 credit will now be in effect through the end of June 2010.The date for qualifying purchases has been extended to April 30, 2010...more
Since the reform and opening up, in order to attract foreign investment, China has formulated a series of foreign tax credits preferential policies, the implementation of these policies and measures making the scale of foreign businesses rapid growth.After Chinas accession to the WTO, tariffs dropped significantly and the degree of market opening further increase. In order to create a fair competitive market environment and promote foreign and domestic-funded enterprises enjoying equal national treatment, China combines Interim Regulations on Enterprise Income Tax of Peoples Republic of China which applying domestic enterprises and Regulations on Enterprises with Foreign Investment and Foreign Enterprises Income Tax of Peoples Republic of China which applying to the foreign enterprises to one tax act, and to implement a unified tax rate of 25%.Increase tax burden of foreign-funded enterprises in the short-term After the two taxes combined, the new tax law abolished two exemptions and three halved tax incentives for foreign-funded enterprises, the income tax rate of foreign-funded enterprises from 15% up to 25% and increase the tax burden on foreign-funded enterprises in the short...more
With tax laws constantly changing it can be a good idea to use a CPA to prepare your taxes. There are other companies that offer the service, but they often aren't cheaper and nor do they offer a personalized service. In the end what you are paying an accountant for is protection. Most families and most small business's can benefit.A CPA is a...more
Author: EricIncome taxes are levied by the Federal government, most states, and some local governments. Federal governments usually attempt to assure the collection of income taxes by requiring certain pay-as-you-go procedures (e.g., withholding requirements for employees and estimated tax prepayments for other taxpayers). The responsibility for...more
Barber might be willing, but return to NFL won't be easy Someone hasn't told Tiki Barber, soon to be 36, that running backs are a tad passé once they hit 30 years of age. Or, that taking off for four seasons and trying to come back is pretty much a right held exclusively by boxers, coaches and the Olympics. where to buy cheap NFL Jerseys?ujersy is a good choice.The news that he plans to come out of retirement -- and that the Giants didn't hesitate to relinquish his rights -- is surprising on one hand (that he's coming out of retirement) and not quite as much on the other (the Giants don't want him).Barber says his twin brother Ronde gave him motivation to return because Ronde is still playing at a high level. Ronde never took off and, as a corner, he's not getting ram-rodded by 280-pound defensive linemen every play, either. We'll see if those are Tiki's sole motives, but I'm not going to knock the guy for trying.I also don't think he would put himself out there like this if his agent or someone hasn't taken the temperature of teams to see if there's interest. That said, there might not be football in 2011, first of all. If there is, you better believe this...more
2011 NFL Draft Preview – Defensive Line NFL Picks Over the past few years the focus in the first round of the NFL draft has shifted somewhat away from the skill positions, other than quarterback, and has gravitated more towards the...more
Payment taxes are a huge source of revenue for government. It invites tax payments from business owners, companies and individual taxpayers. So any delay in tax payments will invite many issues such as penalties, legal notices and other compliance....more
Using Cost Segregation Studies To Tax Advantage The Noted English economist John Maynard Keynes once stated that "[t]he avoidance of taxes is the only intellectual pursuit that carries any reward." While the absolute truth of that...more
When The Tax Return is Wrong When The Tax Return is WrongDo you have a tax accountant who guarantees their work...in writing? Sure, some guys might say: "We'll make it right if we screw up", but then the stuff hits the fan and they...more
Choose your Illinois tax accountant very carefully Filing tax returns is very important for every individual, to make correct filing you need a professional who can help you in determining the kind of tax you are out to pay and that is...more