FOREX ARTICLES

TAXATION IN FINANCE

Avoid Tax Pitfalls in 2015
Tax laws change from time to time and 2015 is about to end. While tax-related mishaps are inevitable, be mindful of the following items to minimize bills for the coming year. Bitcoins and the Like. Digital currencies are still a ...
Be Proactive: 5 Tax Resolutions for Filing Next Return
The dreaded April 15 tax deadline has passed, and another tax season will open. While preparing your tax return, you learned a lot of lessons and made mistakes along the way. As you embark on another tax season, here are the five resolutions you m ...
Deceptions Uncloaked by Tax Preparers
How does a professional tax preparer know if the person is supplying fraudulent details to evade or cut their tax bill? Here are telltale signs.   Dubious income. Many filers indicate the incorrect income to ...
Dodge the IRS Tax Audit
Writing Off a Loss from Hobby Any earned income from a hobby must be declared. While no person can claim a loss from any hobby, taking a certain amount of loss is possible. All it takes is proving you gain income from yo ...
Filing Your Child`s 1st Income Tax Return
Parents have to make a lot of milestone decisions when their children enter adulthood in order to make their children independent and responsible. But there’s a particular milestone every parent must face – filing the first income tax ...
Five Income Tax-Free Countries
Andorra Despite pressure from the European Union, Andorra remains an income tax-free country. Located in the Pyrenees mountains between France and Spain, needless to say the country has a very panoramic spot. Andorra is ...
Getting Married Soon? Organize Your Financial Matters
Marriage is one of the most significant, wonderful milestones in a person’s life. There are so many new and wonderful things to look forward to, such as spending the rest of your life with the significant other, building your own family, and ...
How Taxes Affect an Individual`s Behavior
Taxation refers to the act of levying tax on an activity, income, or product. Imposed by the government, it is applicable to all types of taxes, including gift and estate taxes. The primary objective of taxation is to fund government expenditure. ...
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: ...
Knowing Your Taxes
Basically, everywhere there is tax. Ever pay day, a portion of your hard earned money goes to tax. When you buy goods and services, more often than not, there will be value added taxes. Owning a house means you have to pay taxes. Going to a museum ...
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