Federal Tax Updates Archive

Infrastructure Bill’s Amendment Debate Continues Into This Week

TweetShareSharePin0 Shares Tennessee Senator slows amendment debate after CBO report on deficits. Republican Sen. Bill Hagerty opposed the bipartisan infrastructure bill because of a Congressional Budget Office (CBO) score finding it would increase the deficit by $256 billion. The bipartisan group of senators who developed the deal said it would be fully offset. Said Hagerty,

Wish You Could Finance Your Studies?

TweetShareSharePin0 SharesWish You Could Finance Your Studies? Financing College Many people have avoided college because they though they couldn’t afford tuition. While college is expensive there is no reason a student should let money put a stop to their education. There are many sources that help fund a person’s college. Federal financial aid, scholarships and

Seven Key Tax Deductions for the Self Employed

TweetShareSharePin0 SharesSeven Key Tax Deductions for the Self Employed As a sole proprietor, it*s wise to familiarize yourself with the some key deductions that may reduce your tax bill for 2004. Small-business consultants generally recommend that you hire an accountant to prepare your tax returns, payroll and financial statements. But you should also meet with

Business Outsourcing Labor Criticism Issues

TweetShareSharePin0 SharesBusiness Outsourcing Labor Criticism Issues Many people believe business outsourcing to companies outside of the United States is not right and we should hire our own citizens. Many of the accusations are regarding keeping the money in the U.S., dodging taxes, and more. When a company uses business outsourcing for their project needs, customer

Payroll Arizona, Unique Aspects of Arizona Payroll Law and Practice

TweetShareSharePin0 SharesPayroll Arizona, Unique Aspects of Arizona Payroll Law and Practice The Arizona State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is: Department of Revenue 1600 W. Monroe St. P.O. Box 29009 Phoenix, AZ 85038-9009 602-255-2060 or 800-843-7196 Arizona requires that you use Arizona form “A-4,

Retirement Tax Havens

TweetShareSharePin0 SharesRetirement Tax Havens Financial planning is really life planning. Choosing a home, particularly a retirement home, involves many factors. With state and local taxes on the rise, retirees should look closely at tax matters when formulating their retirement financial plan. Retirees who plan on continuing to work in their “golden years” should know that

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