Taxes News
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U.S. Master Limited Partnerships are an interesting opportunity for Canadian, yield-oriented investors. Most of them provide distributions above 6%. Unfortunately, many Canadians have been incorrectly informed about tax reporting requirements.
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The November midterm elections are shaping up to be a referendum on Obamacare in the congressional races — however, in the gubernatorial and state legislature contests, the election may be about something else entirely.
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Four of the biggest U.S. technology groups collectively hold an estimated $124 billion in U.S. Treasury debt, much of it offshore, earning them tax-free interest, the UK's Bureau of Investigative Journalism (BIJ) said on Thursday.
In the Media
by Reuters
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Tom Perkins, the Silicon Valley venture capitalist who compared the plight of the wealthiest Americans to Jews in Nazi Germany, offered up a provocative new idea on what the rich deserve: more vot...
In the Media
by Sarah McBride (Reuters) - 1 comment
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Ahead of President Obama's State of the Union address tonight, it might be helpful understand the scope of the mathematics that are being tossed around on the minimum wage question.
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The Philippines' Bureau of Internal Revenue (BIR) appears to have scored another legal victory in its effort to collect outstanding tax dues from Manny Pacquiao and wife Jinkee estimated at $50 Million.
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Top Rank Promotions owner Bob Arum is reportedly paying eight-division world champion Manny Pacquiao a guaranteed sum of $20 million to face unbeaten WBO welterweight champ Timothy Bradley in a rematch at the MGM Grand in Las, Vegas, Nevada.
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With the 2014 midterm election narrative likely to center on income inequality, congressional legislators and candidates should look to meaningful comprehensive tax reform.
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Ty Warner, the billionaire creator of Beanie Babies toys, pleaded guilty to tax evasion in October, but on Tuesday it was announced that he won't serve any prison time for hiding millions of dollars in secret Swiss bank accounts to evade taxes.
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Floyd Mayweather has been busy in the last couple of days engaging potential opponent Manny Pacquiao in a comical and sometimes insulting play of words to make it appear that he is now ready to face Pacquiao in the ring after three years of failed talks.
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Filipino boxing superstar Manny Pacquiao could lose every cent he expects to make in his upcoming fight in the U.S. which is tentatively scheduled for April or May possibly against unbeaten American boxer Timothy Bradley or Mexican Juan Manuel Marquez
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If Manny Pacquiao gets $18 million — the same amount he was reportedly paid by his promoter when he fought Brandon Rios in Macau — it won't be enough to settle his tax obligations with the US Internal Revenue Service (IRS).
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Manny Pacquiao's promoter Bob Arum says his company, Top Rank Promotions has been religiously remitting at least 30% of Pacquiao's taxable income in the US to the Internal Revenue Service (IRS) but a TMZ report says Pacquiao still owes IRS $18 million.
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Detroit -
Speaking at the opening of the Republican Party office in Detroit, Senator Rand Paul (R-KY) stressed the need for the GOP to infiltrate markets the party has largely ignored.
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In an effort to combat offshore tax evasion, the Cayman Islands signed an agreement with the United States. The agreement will enforce the Foreign Account Tax Compliance Act (FATCA).
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Richmond -
Headlining at the closing rally of Ken Cuccinelli's gubernatorial bid in Virginia on Monday night, former long-term congressman and presidential contender Ron Paul (R-TX) talked up nullification and Libertarian themes.
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New York -
The IRS is a US government program, with the force of the American military behind it, empowered to confiscate earned wages of its citizens. Those who do not comply are imprisoned and broken.
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Filing a 1099-MISC form with the Internal Revenue Service (IRS) can be a simple process for most independent contractors. However, many individuals and small businesses may not be taking full advantage of expenses eligible for tax deductions.
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During his Monday appearance on the TODAY show, U.S. Sen. John McCain (R-AZ) hinted that a “select committee may be called” to look into whether the White House was involved in the recent IRS scandal.
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With the recent IRS targeting of conservative and Tea Party groups, the American people would be wise to look back at history and heed the Founder's warnings regarding the dangers of direct taxation.
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Residents in the state of Connecticut may soon have to pay more money to download digital products such as iTunes songs, an apps or e-books.
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Mary J. Blige has been going through some financial problems as of lately, and that includes a tax bill of $3.4 million, and that is on top of $900K she owes the state of New Jersey.
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Washington -
After repeated claims by the Obama administration that the IRS scandal was first made known to them more recently, it is now known that senior staffers at the White House were aware earlier in April.
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After the Internal Revenue Service admitted to openly targeting specific political groups to audit during the 2012 presidential election, the Tea Party has mobilized to push for a full inquiry.
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With the White House blaming the matter on former president George Bush, the Internal Revenue Service openly admitted to targeting politically conservative organizations and apologized for doing so.
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The Colorado legislature passed a number of bills on Wednesday regarding a state-wide system for legal marijuana sales, including House Bill 1318, which levies a 15 percent excise tax and a 10 percent sales tax on all marijuana products.
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Newark -
Eight-time Grammy-winning singer Lauryn Hill has two weeks to pay $504,000 in back taxes, if she doesn't she faces a potential three years in prison for tax evasion, a federal judge in Newark, New Jersey said Monday afternoon.
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Tax authorities in Democratic Republic of Congo failed to account for more than $80 million in revenue from the country's mining sector.
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Seven Illinois municipalities are suing some online travel companies, including Expedia, Priceline and Travelocity, saying that the companies owe unpaid taxes.
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It’s safe to say that most people dread that letter from the IRS that suggests auditors would like to take a closer look at their books.
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Taxes Image
Tai Ji Men dizi explaining the details of the tax case
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Representatives of Tai Ji Men dizi visit the Taipei Cultural and Economic Delegation in Geneve of Switzerland to fight for stopping the state violence.
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John Bristowe
The headquarters for Canada Revenue Agency
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Hatch DC office
Sen. Hatch, left, enjoys some Ogden chili.
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Tai Ji Men dizi interviewed by Geneva media to express concerns for human rights development in Taiwan.
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Roland zh/Wikimedia Commons
GIANT: Credit Suisse headquarters at Paradeplatz in Zurich, Switzerland.
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By David Reber's Hammer Photography
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Tai Ji Men dizi meeting with human rights organizations in Geneva. Members of human rights group protesting in front of UN building.
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The Tai Ji Men unjust tax case is presented at the 15th session of the UN Human Rights Council, seeking the human rights protection and call on government to abide Universal Declaration of Human Rights, terminate all unjust measures to enforce its illegitimate claims on the right to property and travel bans on Tai Ji Men Qigong Academy.
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Table comparing Canadian income tax rates on investments
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Tai Ji Men dizi holding posters to protest in front of the Taipei Cultural and Economic Delegation in Geneve Switzerland. From the left, “Tax authority bending the laws has crippled Taiwan government,””Taiwanese people in search of the freedom of belief and expression,”“Ancient menpai of qigong and martial arts fights for survival against human rights violations.”
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US Uncut Arkansas
US Uncut Arkansas protest at Bank of America on tax day. Little Rock, Ark. April 18, 2011.
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Canadian Pacific
A Canadian doing their taxes
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