the Internal Revenue Service has issued new withholding tables based upon the changes in tax law reducing withholding for 2011.Even though most employers use payroll services, it is a good idea to print out and read the chart so employees can understand the changes.see: http://www.TaxEsq.com...
Here is a detailed Explanation of the Estate and Gift Tax Changes:2010 Estate Tax *Basic exclusion amount: $5,000,000 Formerly called applicable exclusion amount Unified credit: ...
Here is a quick summary of the new Estate Tax rates signed into law December 17, 20102010 Estate Tax Exclusion amount: $5,000,000 Maximum tax rate: ...
President Obama signed the Tax Extesnion into law. This continues the tax rates for 2 more years. Unfortuantely, Congress refuses to address tax simplification and making tax reduction permanent.see: http://www.TaxEsq.com...
The Democrats in the House are vowing to fight the Estate Tax exemption of $5m approved in the Senate. If no action is taken by December 31, the exemption will fall to $1m. Remember, this includes proceeds from Life Insurance policies, IRA's, pension plans, homes...
A New York state appeals court held a center founded by a Catholic Priest, providing "spiritual renewal" to Catholics, partly by inspirational art created by visitors, is entitled to the property tax exemption denied by town officials. The court determined the group demonstrated sufficient...
Thank you Founding Fathers! Please read the Declaration of Independence: https://www.taxesq.com/declaration.pdfsee: http://www.TaxEsq.com...
Nonprofit organizations that do not file 990's can lose their exempt status. Previously, only nonprofit organizations that have more than $25,000 of income had to report. Now all month profits must report. The IRS is trying to promote the concept of this...
Even the the return is much greater for auditing large businesses, the IRS is focusing on auditing small businesses reports Atlantic Monthly. The reason is large firms have the resources to fight the IRS and drag on audits while smaller companies do not hire the...
The Washington Post Reported:The housing market is facing swelling ranks of homeowners who are seriously delinquent but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize.About...