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federal taxes Archive

Time to Make New Year’s Financial Resolutions

TweetShareSharePin0 SharesTime to Make New Year’s Financial Resolutions Do you remember any of the New Year’s resolutions you made for 2005? If you don’t, it may not be such a tragedy. After all, you still may have had a good quality of life even if you didn’t get to the gym three times a week,

Tax Returns – Should You Itemize?

TweetShareSharePin0 SharesTax Returns – Should You Itemize? When you finally decide it is time to prepare your taxes, the first question is whether you should itemize your deductions or take the standard deduction provided by the IRS. Choices, Choices… Tax deductions are a very simple part of a theoretically simple tax reporting system. If you’ve

Staying Prepared With Unemployment Insurance

TweetShareSharePin0 SharesStaying Prepared With Unemployment Insurance Unemployment insurance is intended to be a social insurance program that provides temporary benefits to unemployed workers, and imposes payroll taxes on covered employers. It was created in response to the Great Depression, when millions lost their jobs. It was legalized in 1935 as a part of the Social

Assets Haven Protects Financial Privacy In Post 911 Era

TweetShareSharePin0 SharesAssets Haven Protects Financial Privacy In Post 911 Era Ordinary Americans are discovering the vast asset protection, offshore and privacy opportunities previously only available to the extremely wealthy. With growing government surveillance in the post 9/11 era everyone should be concerned about financial privacy. Many financial websites now offer ground breaking information on offshore

Can Taxes Predict the UEFA Champions League Winner?

TweetShareSharePin0 Shares Before competing in the UEFA Champions League, football clubs in Europe also compete to lure the best players. After the “Bosman ruling” abolished the limit of foreign players allowed on a team, in 1995, the share of foreign players in the European football clubs went up dramatically. With Europe’s high degree of cross-border

2022 Kentucky Income Tax Reform: Details & Analysis

TweetShareSharePin0 Shares After weeks of closed-door deliberations between legislative leaders in Kentucky’s House and Senate, lawmakers on March 29 unveiled and quickly adopted a committee substitute to House Bill 8, which passed both chambers with a veto-proof supermajority that same day. The amended legislation uses tax triggers to reduce Kentucky’s individual income tax rate, with

Financial Consequences For Russia, Understanding US Energy Tax Policy

TweetShareSharePin0 Shares Congress strips special trade status from Russia. The House and Senate overwhelmingly approved legislation to strip Russia of its most-favored-nation trade status and a ban on Russian oil imports. The moves come in response to Russia’s invasion of Ukraine. President Biden is expected to sign both bills.   Does the US want to subsidize fossil fuels or

The Energy Tax Policy Conundrum: Do We Want To Reduce Fossil Fuel Prices Or Increase Them?

TweetShareSharePin0 Shares State and federal lawmakers are debating an extraordinary range of often-contradictory energy-related tax changes. These inconsistencies have existed for years, but they rarely have been more apparent than today. We are at a time when climate experts increasingly are warning of the growing risks of unchecked fossil fuel use. Yet, we also are

Tax Justice Network Arabic podcast #52: قرض صندق النقد لمصر: هل من بديل؟

TweetShareSharePin0 Shares Welcome to the 52nd edition of our Arabic podcast/radio show Taxes Simply الجباية ببساطة contributing to tax justice public debate around the world. It’s produced and presented by Walid Ben Rhouma and is available on most podcast apps. Any radio station is welcome to broadcast it for free and websites are also welcome to share it. You can follow
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