federal taxes Archive
Petroleum Profit Tax Would Be Efficient and Progressive
March 21, 2022
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TweetShareSharePin0 Shares The recent oil price spike has triggered many calls for a temporary windfall profit tax (WPT) on the oil industry, which the US last imposed in the 1980s. But the ideas now on the table are quite different from one another. Properly designed, a tax on excess profits – or “rents” – from
Biden’s Budget On The Way, State Gas Tax Holidays Begin
March 21, 2022
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TweetShareSharePin0 Shares Stay tuned… The White House plans to release President Biden’s fiscal year 2023 budget next Monday, March 28. TaxNotes reports (paywall) that the budget likely will propose another double-digit percentage increase for the IRS. Gas taxes go on holiday in two states. Maryland and Georgia have temporarily suspended their gas taxes. Maryland Gov. Larry Hogan
How to improve the EU’s Anti-Money Laundering (AML) Package on beneficial ownership registration
March 21, 2022
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TweetShareSharePin0 Shares This report contains the Tax Justice Network’s proposed amendments to improve the EU’s draft Anti-Money Laundering (AML) Package with regard to beneficial ownership registration. Introduction On 20 July 2021, the European Commission presented a package of legislative proposals to strengthen the EU’s rules to tackle money laundering and to counter the financing of
Retiring or leaving the company–How to Properly do an IRA Rollover
March 21, 2022
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TweetShareSharePin0 SharesRetiring or leaving the company–How to Properly do an IRA Rollover Retiring or leaving the company–How to Properly do an IRA Rollover Whether you are retiring or changing jobs, you need to know what to do with your employer sponsored retirement plan before your leave. Once you leave a job for whatever reason, you
Help Your Home Business Thrive With These Tips 2
March 20, 2022
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TweetShareSharePin0 SharesHelp Your Home Business Thrive With These Tips A lot of people today are thinking that they want to get into creating and operating a home business. With home businesses growing in popularity expanding your knowledge on the subject can help you stay ahead of the game and become successful. This article is geared
Expert Advice On How To Start A Home Business
March 20, 2022
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TweetShareSharePin0 SharesExpert Advice On How To Start A Home Business Many people are interested in learning how they can become their own boss. Most people aren’t sure where to start in their journey to start their own business. This article contains tips that can help you get started with your home business and start working
Year-end Health Savings Account Tax Strategies
March 19, 2022
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TweetShareSharePin0 SharesYear-end Health Savings Account Tax Strategies 2007 is just around the corner, and there are several issues to consider if you currently have an Health Savings Account (HSA), or are planning on getting one in the near future. 100% of the deposit you place in your HSA is deductible on your federal income taxes.
The Best Things To Do For Your Home Business
March 19, 2022
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TweetShareSharePin0 SharesThe Best Things To Do For Your Home Business In today’s economic climate, it can be extremely difficult to find employment. If you’re one of millions of people out of work, it may be worth it for you to consider, starting your own home business. Home business owners are their own boss, work their
Getting The Right Protection For Your Health
March 18, 2022
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TweetShareSharePin0 SharesGetting The Right Protection For Your Health Because you never know when you are going to get diagnosed with a disease or break something, you should be prepared. You can go through any kind of medical issues and through the financial stress associated with it if you have the right kind of health insurance.
EU Carbon Border Adjustment Mechanism (CBAM)
March 18, 2022
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TweetShareSharePin0 Shares The Council of the EU agreed this week on a general approach to the European Commission’s Carbon Border Adjustment Mechanism (CBAM) proposal. The mechanism is a key aspect of the EU’s broader Fit for 55 package which aims to cut 55 percent of net greenhouse gas (GHG) emissions in the EU by 2030.
