by Arthur Geffen | May 24, 2013 | Income Tax
With all these stories about Apple doing the Double Irish and Google seemingly using a Dutch Sandwich (both methods of moving profits around so as to reduce the tax paid upon them) it’s worth noting the most important point about the corporate income tax....
by Arthur Geffen | May 17, 2013 | Income Tax
(1) Section “529″ - College Educational Savings Account Set one up for your children or grandchildren. The earnings on the investments are tax free and the amounts withdrawn by you or the beneficiaries are tax free to the extent the funds are used...
by Arthur Geffen | May 6, 2013 | Affordable HCA, Income Tax
The IRS issued proposed regulations for determining whether an eligible employer-sponsored health plan provides minimum value for purposes of the Sec. 36B health insurance premium tax credit (REG-125398-12). Individuals do not receive the credit if they are...
by Arthur Geffen | Apr 18, 2013 | Audit, Income Tax
High income taxpayers and sole proprietors are getting away with tax fraud and related penalties, according to a report released today by the Treasury Inspector General For Tax Administration, calling for stronger enforcement. It’s a call to action for the IRS...
by Arthur Geffen | Apr 11, 2013 | Income Tax
Over at the Fiscal Times Andrew Fieldhouse has a go at answering the question, well, just how high should top income tax rates be? Sadly, he gets a few things wrong and these mistakes badly distort the answer he provides. As you might imagine, his final answer...
by Arthur Geffen | Mar 26, 2013 | Income Tax
There are plenty of little-known deductions and credits hidden in the pages of the US Tax Code. Tax and financial specialists share some of their favorites. 12 tax breaks you’ve never heard of- MSN Money