Tags » Taxation

FATCA and America's Foreign Tax Problem

The Foreign Account Tax Compliance Act (FATCA)is currently causing a huge amount of problems for those Americans who live abroad. In many caess, “Live abroad” is better defined as: America considers you American because one of your parents was American and the IRS is damned well going to get its money. 984 more words

Politics

Split Personality 2

Today PM Harper announced an increase to the Universal Child Care Benefit and a change in the implementation of income splitting. As before, only up to $50,000 in pre-tax income can be transferred; the new information is that the maximum tax savings are capped at $2,000. 133 more words

Marriage

Obama " Soak The Rich " Campaign - is holding back the U.S. economy

The curse of the U.S. economy today is the downward trend in “take-home pay.”

This is the most crucial economic indicator for most Americans, but when President Obama said in a recent speech at Northwestern that nearly every economic measure shows improvement from five years ago, he conspicuously left this one out. 991 more words

Tax Strategy

IRS -- In 2015, Various Tax Benefits Increase Due to Inflation Adjustments

In 2015, Various Tax Benefits Increase Due to Inflation Adjustments
Source: Internal Revenue Service

For tax year 2015, the Internal Revenue Service announced today annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes.

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Taxation

LWV Debates

By Andrew Richter

Just so everyone can see it; here are the League of Women Voters Debates from Crystal and New Hope

Crystal Debate

New Hope Debate… 6 more words

City Government

"Mansion Tax" leaves Hammersmith families in fear

A powerful piece by Jonathan Prynn in the Evening Standard today on the unfairness of Labour’s proposed “Mansion Tax”.

He reports:

“Art dealer James Butterwick paid £340,000 in 1999 for a two-bedroom ground-floor flat in his house near Ravenscourt Park in Hammersmith. 365 more words

Taxation

Italian Revenue Service introduces "self inspection"

Italian taxpayers will now be able to access the Revenue Service databases and consult the data collected on them in order to establish whether or not they should rectify their tax filings. 35 more words

Italy