IR-2009-92, Oct. 14, 2009WASHINGTON The Internal Revenue Service has launched a new case study and video program to help exempt organizations and their tax preparers better understand the newly revised Form 990 series which must be filed for the 2008 tax year.The Form 990 series, redesigned for the first time in nearly 30 years, requires more disclosure and transparency by exempt organizations. With some exceptions, organizations that are exempt...more
Prediction: 4th AFC North - While it may not show up in the win column, the Browns will be an improved football team in 2010. I have a lot of faith that Cleveland can get this thing turned around sooner, rather than later, with Holmgren running the rebuilding project. NFL lines makers have listed Cleveland as a +1500 long shot in the AFC North. Find out who I like to win the AFC North in my 2010 NFL predictions.2010 NFL Predictions:...more
According to UBS AG (UBSN) and Deutsche Bank AG (DBK), taxes over a 2003 compensation plan are not owed by them, which UK authorities argue that it was designed for avoiding millions of pounds in taxes and national insurance contribution on bonuses of employees. The appeal of these two banks is that separate rulings, in which they were found legally responsible for income and payroll taxes for bonuses which were paid to bankers in shares via an offshore trust in a dispute with UK revenue official four years ago. According to the documents which were revealed on 12th March after the petition of a news agency in court for their release, 49.6 million are owed by UBS on total bonus payments of 92 million pounds into the scheme.Swift and decisive action to handle the tax avoidance is being taken by the UK government, as told by Chancellor of the Exchequer George Osborne to parliament this month. It was told after authorities closed two tax loopholes which had been used by Barclays Plc (BARC). A harder approach is being sought by legislators for companies which hire lawyers and accountants for the purpose of cutting tax bills. It was declined by the banks and HMR that they will provide...more
Beat the NFL odds with world champion handicapper Jimmy Boyd all season long!2010 NFL Predictions: Washington Redskins By: Jimmy Boyd About the Author If you want winning NFL picks to help you cash in over the NFL odds, sign up for a premium subscription today. (ArticlesBase SC #3112377) Article Source:...more
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...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...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...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...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...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