The first step is to get an official copy of your taxes, because when you file them, your federal income tax bill is due.Your state tax bill, meanwhile, will take some time to arrive.So what do you do?Get your tax preparer to help.If you don't, you can't get your return prepared.There are a couple of options.First, you could take a
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Indirect taxes are taxes paid directly by a business or individual that is not taxable by income, profits or losses.Indirect tax revenue varies widely depending on the type of business or person, and the number of customers, customers, suppliers, employees and suppliers in the business.Independently managed companies, companies that are controlled by a corporation, partnerships and limited partnerships can usually
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New Jersey residents will have a hard time collecting a tax refund on a credit card, thanks to a new tax policy.State officials announced on Tuesday that they are extending the deadline for filing a refund of a tax credit that is owed by consumers to Dec. 31.State Treasurer James DiLorenzo announced the change in a tweet.The refund will be
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A carbon tax is on the table as Ottawa plans to implement a new levy on alcohol that will apply to all products sold in the country.A new levy would add to the roughly $3.8-billion revenue the government collected from the sale of alcohol in 2016.The tax is the first step in a plan by Ottawa to phase in the
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In the United States, the corporate tax is 35% on profits over $100 million, but it's generally levied on profits below $10 million.In many other countries, it's lower, but in most cases the top rate is at 39.6%.For example, in Ireland, the rate is 35%, but for businesses that don't make any profits above $20 million they can deduct their
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2,200 people are vying to be the next president of the United States.Many have given speeches.Some have filed their tax returns.But what happens when the billionaire who just took the oath of office does not file his? The Billionaires who Make Your Return This is the story of one of them: Donald J. Trump.When he entered the race last year, the
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A report by New Jersey's Division of Taxation on taxation and the impact of the state's restrictive corporate tax laws found that while New Jersey has seen revenue growth in recent years, it has lost out on its tax revenue from corporate profits to the states with lower taxes.According to the report, the state has generated $2.5 billion in revenue
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As part of a new research project, researchers from the University of Cypriot College of Social Sciences, the University College Dublin, and the Institute for Economic Research, the Nicosia University of Technology and the National Center for Macroeconomics, examined tax avoidance by the country's tax authorities and discovered a lot of tax avoidance.According to the study, the government has failed
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As I am writing this article, Philippines is experiencing a triple taxation phenomenon, with both corporate tax and personal tax levies increasing to 25 percent.While the tax is not a problem for all, many Filipinos are taking it as a sign of hope that the country is on the right track to achieving a more progressive tax system.Here are the
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New Jersey's Gov.Chris Christie (R) says he is going to make a $1.9 billion tax refund to the state in 2018.Christie announced Tuesday that he's making the tax payment to help New Jersey address a $6 billion budget shortfall.Christie said the refund will be distributed to the roughly 15 million people who are eligible for a tax break.Christie will make
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