The fat cats enjoy IRS credits for taxes paid overseas to avoid paying income taxes in the United States. It's a big loophole and Congress refuses to close it. Even with the changes in recent years to the IRS code, the effective corporate tax rate of profits brought into this country is half the regular … Continue reading Why can’t we stop bestowing huge credits for corporations who pay taxes to Russia?
Tag: IRS
Tax Time: that 401K / IRA may end up costing you more than just investing for Capital Gains
Some readers, who are old enough to remember defined pension plans weren't just for unionized workers, may still think they are better off with IRAs and 401Ks, originally sold as tax-free until you retire. Advice from employers promised the new plan was better than a pension. You could put away as much as the equivalent … Continue reading Tax Time: that 401K / IRA may end up costing you more than just investing for Capital Gains
At Last, Clinton Foundation Tax Return for 2013 allows you to examine how organization operates
As voters ponder their candidates for President, Bernie Sanders was asked this past week to release more than just one year of tax returns and Donald Trump hasn't released any recent years', because of an IRS audit. However, if you are into examining tax returns, why not review the 2013 Bill, Hillary and Chelsea Clinton … Continue reading At Last, Clinton Foundation Tax Return for 2013 allows you to examine how organization operates
You can fool nearly all the people... 