Tax Blog

I am planning to get a business memebership at Sam’s Club since I opened up a business. Supposedly you can get a tax exempt from the state but I don’t what forms do I need and then what to do with them. Does anyone know what forms I need to fill out to get a tax exempt?

Tax Blog

we live in new york state and my husband says owning a house will get you a better tax break.i say a child and claiming head of household will give more of a tax break.we both make together around 150k a yr.the house we would buy would be around 300k with 20% down.now before i get any anger answers we do not plan on having a child just for tax reasons we are not planning to have any.this is just a argument my husband and i had and i think i’m right and he thinks hes wrong.

Orban vows growth, tax cuts to boost Hungary
BUDAPEST (Reuters) – Hungary’s next premier set economic growth and tax cuts as priorities for the center-right Fidesz party Monday after voters punished the ruling Socialists for steep spending cuts to curb the budget deficit.

Read more on thewest.com.au

Will a national sales tax help reduce the deficit? Obviously, that answer is “yes,” and in spite of all of their whining about rising deficits, the GOP just can’t bring itself to the realization that without tax revenue, the government will always be broke. Mike Papantonio appears on Fox News’ Bulls and Bears to give us the truth about taxes and deficits.

Tax Blog

My son has an opportunity to buy into the business where he works. The lion’s share of the purchase price, about $600,000 may come from placing a mortgage on a summer home I own. How can I mortgage the property and give him the money? What are the tax liabilities of such an arrangement and, if any, how should I go about structuring the transaction to minimize or avoid paying deal-killing taxes?

Tax Blog

For instance I gave my tax records to a guy I new in the Navy. He got me to sign a Reinlistment loan for a bank but be added his million dollars to the loan, on my tax records. The whole thing is in credits. But on top of that the Navy added a Billion dollars of their own money on my tax records and it’s in credits too. The thng is I’m getting paid to have a marriage scam.

Connecticut to go after tax delinquents
HARTFORD (AP) — The state Department of Revenue Services says it is now able to identify those who have failed to file state and federal taxes and will contact about 8,000 people who are delinquent for the 2006 tax year.

Read more on New Haven Register