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federal taxes Archive

New Rules for Donating your Car to Charity

TweetShareSharePin0 SharesNew Rules for Donating your Car to Charity In prior years, if you wanted to donate your car or other vehicle to a charity, it was easy. All it took was to select the charity, give them a call and they would pick it up and the ownership documentation. This part is still easy

How To Drive The Irs Crazy

TweetShareSharePin0 SharesHow To Drive The Irs Crazy Looking for an easy way to increase your business deductions? Look no further than your driveway. First, the general rule: your vehicle is deductible to the extent you use it for business. So, if you drive your car 100% for business, all car-related expenses are deductible. But if

The UK is breaking up Facebook/Meta and (almost) nobody noticed

TweetShareSharePin0 Shares We’re sharing the latest edition of The Counterbalance, the newsletter of the Balanced Economy Project, a global antimonopoly initiative. This article was originally published here. You can sign up for their newsletter here. Frances Haugen, the celebrated Facebook whistleblower, briefly became a bit of a cult hero for exposing the giant platform’s toxic

Wealth Taxes in the OECD and Lessons for the U.S.

TweetShareSharePin0 Shares Recent discussions of a proposed wealth tax for the United States have included little information about trends in wealth taxation among other developed nations. However, those trends and the current state of wealth taxes in OECD countries can provide context for U.S. proposals. The OECD maintains detailed tax revenue statistics for its 38

State Corporate Income Tax Rates and Brackets for 2022

TweetShareSharePin0 Shares Key Findings Forty-four states levy a corporate income tax. Rates range from 2.5 percent in North Carolina to 11.5 percent in New Jersey. Six states—Alaska, Illinois, Iowa, Minnesota, New Jersey, and Pennsylvania—levy top marginal corporate income tax rates of 9 percent or higher. Eleven states—Arizona, Colorado, Indiana, Kentucky, Mississippi, Missouri, North Carolina, North

I Comply, You Comply, We Comply … Are You Sure?

TweetShareSharePin0 SharesI Comply, You Comply, We Comply … Are You Sure? Failure to follow corporate formalities may expose corporate officers, directors and shareholders to personal liability. Maintaining good records, including corporate minutes, on a timely basis goes a long way toward maintaining the limited liability benefit of a corporation. If incorporating was your first step

What TD Mutual Funds Have to Offer

TweetShareSharePin0 SharesWhat TD Mutual Funds Have to Offer Making the right choice of mutual funds does not come in handy considering that there are several thousands mutual funds on the roster. And the process becomes even harder since the performance of mutual funds could neither be predicted nor projected and therefore the selection could not

Getting The Biggest Benefit From Tax Help

TweetShareSharePin0 SharesGetting The Biggest Benefit From Tax Help Taxes are a way of American life. They are own duty to pay and file. Many people go in search of someone to help them when tax time rolls around. Tax help seems to be in abundance from January 1st to April 15th. Unfortunately, some tax help

How The Government Pension Offset May Affect Social Security Benefits?

TweetShareSharePin0 SharesHow The Government Pension Offset May Affect Social Security Benefits? The government pension offset is in fact a reduction in the benefit which a social security member’s spouse is likely to experience especially if the spouse has a government pension from work that is not covered by the Social Security. The benefit to be

T Rowe Price Mutual Funds Selection

TweetShareSharePin0 SharesT Rowe Price Mutual Funds Selection T Rowe Price is one of the leading investment management firms offering individuals and organizations a worldwide scale of investment management supervision and expertise. T Rowe Price’s primary goal is to achieve the best performance but still conscious of the risks gained comparative to the possible rewards. T
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