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federal taxes Archive

If It Walks Like a Bank and Talks Like a Bank…

TweetShareSharePin0 Shares Crypto currency platform BlockFi agrees to a $100 million settlement with the SEC and several states. The firm describes itself as a bank-like platform for users of crypto currency, advertising yields as high as 9.25 percent. But the Securities and Exchange Commission charged the company with failing to register its retail lending product.

February 2022 Spanish language podcast, Justicia ImPositiva: Un mundo sin paraísos fiscales…

TweetShareSharePin0 Shares Welcome to our Spanish language podcast and radio programme Justicia ImPositiva with Marcelo Justo and Marta Nuñez, free to download and broadcast on radio networks across Latin America and Spain. ¡Bienvenidos y bienvenidas a nuestro podcast y programa radiofónico! Escuche por su app de podcast favorita. En este programa con Marcelo Justo y Marta Nuñez: Un

State Income Tax Rates and Brackets, 2022

TweetShareSharePin0 Shares Key Findings Individual income taxes are a major source of state government revenue, accounting for 36 percent of state tax collections in fiscal year 2020, the latest year for which data are available. Forty-two states levy individual income taxes. Forty-one tax wage and salary income, while one state—New Hampshire—exclusively taxes dividend and interest

Debt Consolidation Mortgage Loans: Easy Way to Save Money:

TweetShareSharePin0 SharesDebt Consolidation Mortgage Loans: Easy Way to Save Money: Swimming in heavy credit card debt sometimes means getting deeper in debt simply because of high interest rates. The IRS no longer allows credit card interest as a deduction. If you use a home equity loan to consolidate and pay-off your bills, you could actually

Home Energy Efficiency Improvement Tax

TweetShareSharePin0 SharesHome Energy Efficiency Improvement Tax How Home Energy Efficiency Improvement Tax Credits Can Save You More Money? Thanks to the ever-increasing efficiency and continuing competence of the technology today, households can now be seen equipped with highly-modernized appliances, gadgets and similar equipments. To the delight of many consumers, these equipments provide them great way

Sources of US Tax Revenue by Tax Type, 2022

TweetShareSharePin0 Shares Policy and economic differences among OECD countries have created variances in how they raise tax revenue, with the United States deviating substantially from the OECD average on some sources of revenue. Different taxes create different economic impacts, so policymakers should always consider how tax revenue is raised and not just how much is

The IRS Backlog Is Far Bigger Than Initially Reported

TweetShareSharePin0 Shares Nearly 24 million returns and other correspondence still are waiting at the IRS. The Washington Post reported late last week that the IRS still is processing 23.7 million taxpayer communications from last year, far more than previous public estimates by the agency. The delayed paperwork  includes 9.7 million unprocessed paper returns, 4.1 million

The IRS Backlog Is Far Bigger Than Initially Reported

TweetShareSharePin0 Shares Nearly 24 million returns and other correspondence still are waiting at the IRS. The Washington Post reported late last week that the IRS still is processing 23.7 million taxpayer communications from last year, far more than previous public estimates by the agency. The delayed paperwork  includes 9.7 million unprocessed paper returns, 4.1 million

The New Bankruptcy Law — How Will It Affect Debt Negotiation?

TweetShareSharePin0 SharesThe New Bankruptcy Law — How Will It Affect Debt Negotiation? In April 2005, Congress made sweeping changes in U.S. bankruptcy law that will go into effect on October 17, 2005. It’s called the “Bankruptcy Abuse Prevention and Consumer Protection Act of 2005,” and it means big trouble for Americans struggling with debt problems.

How To Hide Assets

TweetShareSharePin0 SharesHow To Hide Assets In social functions, I always get asked about “How do I hide my assets?” From who are you trying to hide your assets from? Is there a legitimate way to hide your assets? You will know if you have succeeded in hiding your assets if an asset search by an

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