WatchBlog: Official Blog of the U.S. Government Accountability Office
The tax code is complex and can create burdens for people and companies. And change does not come often. The last time the tax code was overhauled was in 1986. 568 more words
2 weeks, 2 days ago
*Please read my note of disclosure on my About Me. If necessary, use Ctrl-F and find some keywords that may be attached to information about this topic. 566 more words
2 weeks, 3 days ago
Budget 2017 is unique in many ways.
3 weeks, 4 days ago
McFadyen & Sumner, CPAs PA
The difference between your tax bracket and your tax rate is more than a trick question. For example, knowing your tax rate gives you an accurate reflection of your tax liability in relation to your total income. 244 more words
1 month ago
There are marginal tax rates and effective tax rates. Why do I care? Because it gives me hope that I’m not paying as much in taxes as I thought. 285 more words
1 month, 2 weeks ago
In GSTR – 1 all credit notes/debit notes issued by the supplier to the recipient on account of the difference in tax rate or taxable value or goods returned by the recipient. 12 more words
Notes & Highlights
Throughout its life, the rate of 91 per cent was a public tranquilizer, making everyone in the lower bracket feel fortunate not to be rich, and not hurting the rich very much.
2 months ago