Electronic tax

FCT-IRS unveils electronic tax clearance to verify falsification

By Salisu Sani-Idris The Federal Capital Territory Revenue Service (FCT-IRS) has unveiled an Electronic Tax Clearance Certificate (E-TCC) to control the activities of fraudsters who may tamper with such a document. The Acting Executive Chairman of the Service, Mr. Haruna Abdullahi revealed this during his engagement with members of the House Public Accounts Committee at […]

Electronic tax

Changes to tax benefit rules on donations

Millions of people often donate to charity to support causes they believe in. The government provides certain tax benefits under Section 80G of the Income Tax (IT) Act on gifts. However, only those who opt for the old tax system can benefit from it. In order to ensure transparency and avoid false donation tax claims, […]

Electronic tax

URA plots to tax online businesses

The Uganda Revenue Authority (URA) plans to tax businesses operating online without a physical location in their plan to meet their revenue targets. Speaking on the sidelines of the 6th Annual Appreciation Bank Conference held at the Mestil Hotel in Kampala, URA Commissioner-General John Musinguzi said the authority had discovered many businesses could not operate […]

Electronic tax

3 Best Electric Cars Still Eligible For $7,500 Electric Vehicle Tax Credit

Electric vehicles have many advantages, but one thing that keeps some car buyers away is their high price compared to gasoline-powered cars. However, in many cases, the expense is mitigated by the federal electric vehicle tax credit, which provides up to $7,500 back for qualifying models. Check out the top three electric cars that still […]

Electronic tax

New County Treasurer Explains Change in Property Tax Collection | News, Sports, Jobs

LISBON — When new county treasurer Bryan Blakeman took office last September, he wanted to make a few changes to improve efficiency and the technology used at the office. One of his first changes, he admits, surprised some people. The property tax collection date set in Columbiana County was later than the date […]

Electronic tax

3 tax-efficient strategies to help you maximize your retirement income

When people start planning for retirement, they often focus on one major goal: accumulating enough money to retire comfortably when they’re ready. Unfortunately, this is often where the planning stops, which means some pretty important things can get left out, including: Determine how to convert these accumulated assets into a reliable stream of income that […]

Electronic tax

Manufacturer Receives Tax Abatement for $14 Million Installation

Norton Shores has approved a 12-year tax abatement for a production facility under construction in the city. Greater Muskegon Economic Development (GMED) said Wednesday, May 11, the City of Norton Shores approved a 12-year tax abatement for Seal Bond’s new $14 million, 200,000 square foot production facility currently under construction at 1251 E. Mount Garfield […]

Electronic tax

EA Buck Accounting & Tax Services, a Maui accountant, offers professional accounting services in Maui, HI

Maui, Hawaii – EA Buck Accounting and Tax Services offers professional bookkeeping services on Maui. The company offers its accounting and bookkeeping services and advice to all small, medium and large businesses such as corporations, freelancers and home offices. Their accounting is done off-site, allowing them to retrieve and process records and provide feedback to […]

Electronic tax

DC Council to Remove Police from Schools and Give Immigrant Tax Credit

Placeholder while loading article actions The DC Council voted to keep phasing out police from public schools, despite objections from the mayor and the city managers’ union who said officers were needed to prevent school violence, as The board on Tuesday approved a budget for fiscal year 2023 that will pass a record $19.5 billion. […]

Electronic tax

Report: IRS Destroyed 30 Million Paper Tax Documents

An audit by the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service made the intentional decision “to destroy approximately 30 million paper information return documents in March 2021”. TIGTA says the agency did this because of its inability to catch up on paper filing backlogs. The report does not say […]

Electronic tax

Can an NRI claim a tax deduction on NGO donations in India?

I am a Non-Resident Indian (NRI) based in Australia. i want to send ₹1 lakh each to two non-governmental organizations (NGOs) in India. Can I get a tax deduction for this or can the deduction only be claimed if the money is sent from my Indian account? —Name withheld on request Under the Indian Income […]

Electronic tax

The online gambling industry opposes a 28% tax bracket; requires 18% GST

The online gambling industry has made a plea to the government against increasing GST rates to protect the industry from shrinkage. Several industry pundits have called for the 18% GST on online gambling to be maintained, objecting to the industry’s bludgeoning into the 28% bracket as well as racing, gambling and gambling. Paris. The move […]

Electronic tax

Tax Fraud Blotter: The Best, the Brightest and the Guiltiest

Disorder in the yard; fines that don’t stick; prohibited logo; and other highlights of recent tax cases. Olathe, Kansas: Dawna Kellogg, of Williamsburg, Kansas, pleaded guilty to wire fraud and filing a false statement related to a scheme to embezzle money from a local district court. Kellogg, while employed in the accounting department at Johnson […]

Electronic tax

How to Get Your 2022 New Mexico Tax Refunds

SANTA FE, NM (KRQE) — The state is handing out money to help New Mexicans deal with the rising cost of living and high gas prices. Under a bill passed by lawmakers in a special session, most New Mexicans are eligible for cash rebates of between $500 and $1,000. What is the discount? Tax refunds […]

Electronic tax

Primary election results for Trumbull, Ohio, tax issues

(Getty Images) The primary election results for Trumbull County have been tallied. Polling stations closed at 7:30 p.m. On Tuesday, voters overruled the Lakeview Local School District’s new 10-year, $6.8 million tax by a nearly 10% margin. It was the first time the district had requested new operating revenue in 10 years, Treasurer Sean Miller […]

Electronic tax

UK retail giants form alliance to demand end to ‘shop tax’

Retailers in the UK’s hardest-hit city centers are suffering the most from trade tariffs, claims the … [+] the brand new Retail Jobs Alliance. (Photo by Christopher Furlong/Getty Images) Getty Images Some of the UK’s largest and most influential high street retailers have formed a temporary group called the Retail Jobs Alliance in a bid […]

Electronic tax

Senate Finance Committee Subcommittee to Hold Hearing on Tax-Exempt Nonprofits and Policy

Senate Finance Committee Subcommittee to Hold Hearing on Tax-Exempt Nonprofits and Policy Michael E. Hartmann Congressional interest in the sector’s activities appears to be increasing. The U.S. Senate Finance Committee’s IRS Subcommittee on Taxation and Oversight announced that it has scheduled a hearing for Wednesday, May 4 at 2 p.m. EST to consider “Laws and […]

Electronic tax

No tax refund yet? Why Your IRS Money Might Be Late

This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file your return quickly, accurately and on time. The taxes were due two weeks ago. If you are not one of the more or less 130 million declarants who have submitted their 2021 tax returns, you must do […]

Electronic tax

Toll tax to be collected on Purvanchal E’way from today

The Uttar Pradesh Highway Industrial Development Authority (UPEIDA) will start collecting the toll tax on the Purvanchal Highway from Sunday. UPEIDA Managing Director Awanish Awasthi said it had been decided to impose a toll charge on the Purvanchal highway from May 1. The peculiarity is that the toll rates of the Purvanchal highway have also […]

Electronic tax

The due date for full property tax payment is approaching

Routt County Treasurer and Public Trustee Lane Iacovetto reminds homeowners that the due date for paying their property taxes in full is April 30. As the due date falls on a weekend, full payments will be accepted until the following Monday, May 2. Mailed payments must be US postmarked on or before May 2 to […]

Electronic tax

Some non-resident digital merchants and service providers have not yet fulfilled their tax obligations in Vietnam | Business

Vietnam’s electronic tax service portal for non-resident merchants and digital service providers. (Photo: VNA) Hanoi (VNA) – There is always non-resident merchants and service providers who still need to register, declare and pay taxes to do business on digital platforms in Vietnam, according to the Large Taxpayer Department of the General Tax Department (GDT). The […]

Electronic tax

NFTs can create tax headaches

Financial planner urges NFT enthusiasts to carefully weigh tax ramifications ATLANTE, April 27, 2022 /PRNewswire/ — Artists and Investors Should Know NFTs Can Complicate Their Taxes, Says Certified Financial Planner™ Thomas Walch. Walsh, senior customer service manager for Palisades Hudson Financial Group LLC, wants to make sure people dealing with non-fungible tokens understand that the […]

Electronic tax

Argentina’s tax agency backs creation of global crypto reporting system to prevent evasion

AFIP, Argentina’s tax agency, supports the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements by its leader, this would make it easier for tax agencies around the world to fight tax evasion. The organization has previously used financial information to collect taxes from Argentinian users with overseas […]

Electronic tax

Democrats respond to Musk’s Twitter buyout with another wealth tax push

DDemocrats are seizing on Elon Musk’s $44 billion purchase of Twitter as proof that the country’s wealthiest people are being taxed too little. Musk said he was buying the social media giant to take it private and revamp its speech management. Some on the right have welcomed the move, but some on the left are […]

Electronic tax

Are NFTs non-taxable assets?

Are NFTs non-taxable assets? This might not be your first thought if you’re buying a non-fungible token (ownership of a digital product, album art, or concert tickets). But when it comes to the Dutch tax authorities, the central question is whether you bought it for love or as an investment. blue umbrella Explain. Normally, cryptocurrencies […]

Electronic tax

Waiting for a tax refund? 9 Top Reasons Your IRS Money Could Be Late

Errors on a tax return will certainly slow down the delivery of a tax refund. Sarah Tew/CNET This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file your return quickly, accurately and on time. Tax deadline day has passed – if you haven’t completed a tax return […]

Electronic tax

Gwinnett County Board of Assessors Mails 2022 Property Tax Notices – On Common Ground News

The Gwinnett County Board today sent approximately 294,000 annual assessment notices to residential and commercial property owners. State law requires that annual notices be sent to property owners advising them of the estimated value of their property as of January 1. The Annual Valuation Notice provides last year’s value and 2022 value as well as […]

Electronic tax

Tax return forms for the 2021-22 fiscal year: 9 changes that require additional information from taxpayers

The Income Tax Department has notified the Income Tax Return Forms (ITR) for the 2021-22 fiscal year or AY 2022-23. A tax year (AY) is the year followed by the fiscal year and AY is the year in which income earned by an individual during the fiscal year is declared to the government and taxes […]

Electronic tax

Manatt Expands Tax Incentive Financing Capabilities as Chicago Joins

Sameer Patel has extensive experience in driving social impact investments, such as new market tax credit deals, development finance transactions and Opportunity Zone investments. Manatt, Phelps & Phillips, LLP, a multidisciplinary integrated professional services firm, today announced that Sameer V. Patel, Manatt Financial Services Partner, has joined its Chicago office. Patel’s focus […]

Electronic tax

Tax season is over, but filing frustration is not.

Placeholder while loading article actions With hours before Monday’s midnight tax filing deadline, the IRS’ online account system was down, so a message was posted for users that read, “We’re sorry, due to increases traffic, this service may be temporarily unavailable. And no, that wasn’t my typo for the word augmented. Misspelled taxpayer note increased. […]

Electronic tax

Save over 20% on TurboTax software for Tax Day

— Recommendations are independently chosen by the editors of Reviewed. Purchases you make through our links may earn us a commission. Today, monday april 18is tax day, which means it’s time to file those tax returns (if you haven’t submitted a request for extension). If you don’t know where to start, don’t worry, we’ve found […]

Electronic tax

Cincinnati Tax Day 2022 Deals

the deadline for filing our income taxes is never fun, but discounts on food, drink and services can make Tax Day a little more enjoyable. Today there are several stores and restaurants in the Cincinnati area lighten the load by offering limited time offers and promotions. Free hydromassage and training at Planet Fitness Planet Fitness […]

Electronic tax

If you can’t complete your tax return by tomorrow, file a tax extension

Tax extensions are free, but you will have to pay an estimated amount if you owe money. Sarah Tew/CNET This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file your return quickly, accurately and on time. Federal income tax returns are due tomorrow — monday april 18. […]

Electronic tax

Live U.S. finance and payment updates: monthly check for $2,753, 2022 tax due, gas stimulus check…

Millions of taxpayers still haven’t filed a 2021 tax return, time is running out… At the end of the 2021 tax season of more than 148 million, which fell on May 17, Americans filed a 2020 tax return. Last year, taxpayers were granted additional time while the covid-19 pandemic still blighted the work, leaving the […]

Electronic tax

More than 42,000 Philadelphians are using the new online tax system

💌 Do you like Philly? Sign up for Billy Penn’s free newsletter to get everything you need to know about Philadelphia, every day. It’s been a crazy three years for taxes in Philadelphia. Taxes? Wild? Well, that’s not exactly how Revenue Commissioner Frank Breslin put it. Instead, he described the situation with a word he […]

Electronic tax

Tax season: watch out for the rise in fraud and fraudsters

Investors are pumping millions into encryption as unease over data security drives a growing need for ways to deflect unwanted eyes from personal and corporate information – AFP As the deadline for declaring taxes quickly approaching for those residing in the United States, people should be aware of the risks around tax evasion. To understand […]

Electronic tax

Hampton town manager proposes property tax rate cut, staff salary increases

HAMPTON, Va. (WAVY) – Residents of Hampton could see a decrease in the property tax rate over the next fiscal year if a proposed budget is approved by the Hampton City Council. Hampton City Manager Mary Bunting released her recommended budget of $582 million for fiscal year 2023 on Wednesday. There is $24.6 million in […]

Electronic tax

Survey Finds Most Crypto Investors Aren’t Ready for Tax Season

According to a survey by crypto wallet tracking and tax software company CoinTrackeronly 4% of digital currency investors had not submitted their taxes by March 27 – and 75% of them were not even ready to do so. More worryingly, most survey respondents failed to identify the tax consequences of daily digital currency transactions. According […]

Electronic tax

Motorists to Begin Claiming Missouri Fuel Tax Refunds in Coming Months | Policy

JEFFERSON CITY — Motorists who have kept their fuel receipts will soon be able to begin submitting them to the state for reimbursement. Lawmakers who voted to raise the state gas tax last year included a refund option for motorists, allowing them to apply for refunds after the end of each state fiscal year, the […]

Electronic tax

Here’s San Diegans Can Find Free Tax Prep Before April 18 Deadline – NBC 7 San Diego

Most Americans only have one week left to file their taxes, and some people might feel overwhelmed right now with the looming federal deadline. Filing an accurate return online with direct deposit can avoid processing delays, blocked refunds, and future notices from the IRS, so it’s crucial to have all the required forms for a […]

Electronic tax

Electronic Accounting Services Market Size, Trends and Forecasts

New Jersey, United States – Verified Market Research provides an encyclopedic study of Electronic Bookkeeping Services Market with holistic information about important factors and aspects impacting the future growth of the market. The electronic accounting services market has been analyzed for the forecast period 2022-2029 and the historical period 2015-2021. To assist players to gain […]

Electronic tax

Itr Deposit: Income Tax Rules for Crypto, Virtual Digital Assets You Need to Know

The government is working on a cryptocurrency taxation FAQ, which will provide nuanced clarification on the applicability of income tax and GST on virtual digital assets, an official said. The Frequently Asked Questions (FAQ) set, which is being drafted by the Department of Economic Affairs (DEA), RBI and Department of Revenue, will also be reviewed […]

Electronic tax

U.S. finance updates: Lawmakers approve $500 tax refund checks, child tax credit payments are due…

IThe United States federal government may no longer give stimulus checks to support low- and middle-income households, but states are organizing new benefit programs themselves. For example, in New Mexico they just passed a law to give out $500 tax refund checks. There are similar benefit plans in the United States, and in our live […]

Electronic tax

1.5 billion reasons to act now

If you haven’t filed a return for the 2018 tax year, the deadline is fast approaching to collect … [+] repay the money owed to you. Getty Do you know anyone who would turn down $1.5 billion, or at least part of it? The IRS does. Specifically, the IRS knows that approximately 1.5 million taxpayers […]

Electronic tax

Crypto tax reporting should be treated like stocks and bonds, says Yellen

US Treasury Secretary Janet Yellen said tax returns for cryptocurrency transactions should be treated like stocks and bonds, without clarifying what specific actions the agency will take. “Taxpayers should receive the same type of tax reporting on digital asset transactions that they receive for stock and bond transactions so that they have the information they […]

Electronic tax

Personal income tax filing deadline is Monday, April 18 | News

RALEIGH — The deadline for filing North Carolina personal income tax returns for the calendar year is Monday, April 18, unless you request an extension. Electronically filed returns must be submitted electronically by midnight on April 18. For taxpayers filing on paper, returns must be postmarked by April 18. The deadline for filing and paying […]

Electronic tax

Bexar County Commissioners Support Public Awareness Campaigns on Property Tax Assistance and Mail-in Ballots

Bexar County Tax Assessor-Collector Albert Uresti told County Commissioners today that eligible property taxpayers in arrears can apply for assistance, but accessing the application is difficult for some residents . The $80 million from the Federal Homeowners Assistance Fund is paid by the state. Uresti reports that the fund is part of the US federal […]

Electronic tax

Tax revenue will increase by 25%

Thukten Zangpo Tax revenue is expected to increase by 25% in this financial year (FY) compared to the previous financial year, as evidenced by the Royal Monetary Authority (RMA) 2021 annual report. The projection was based on the technical coordination committee of the macroeconomic framework of the Ministry of Finance in October 2021. In monetary […]

Electronic tax

Late on filing your tax return? Move that key

Sponsor Content: Tax Tips for Newly Married Couples and New Parents Filing in 2022 Many of us commit to tackling our taxes early each year, only to find ourselves in a scenario where instead we hit the deadline and are not ready with our returns. If that’s what’s happening to you right now, you’re definitely […]

Electronic tax

mayor, city council, use tax

The April 2022 elections are upon us. To help you sort out the races on your ballot, we’ve rounded up our coverage of races in Boone County. Mayor of Colombia With outgoing Mayor Brian Treece not seeking re-electionthe seat of mayor will be occupied by a new face for the first time in more than […]

Electronic tax

Tax forms 2022: how to file your taxes online

(Photo: Unsplash/Olga DeLawrence) Tax season has arrived and the IRS is now accepting tax returns for 2021. The deadline for these tax returns is April 18, but massive changes have been made to the free tax filing tools currently available. Tax return for income under $73,000 If your adjusted gross income for 2021 was $73,000 […]

Electronic tax

Colorado needs affordable housing, but a property tax cap isn’t the answer – Greeley Tribune

Colorado faces a housing crisis. Why? We simply haven’t built enough housing to meet the growing demand, and the law of supply and demand is now playing out as house prices and rents rise dramatically. At the start of 2014, 27,000 homes were for sale statewide with an average price below $300,000. In March, around […]

Electronic tax

Live U.S. Finance and Payment Updates: Gas Stimulus Check, April 2022 Tax Deadline, Social Security Disability, Child Tax Credit Portal, Child Tax Refunds tax…

Oil drops $2 after reserves release Global stocks fell further from Friday’s recent six-week highs on concerns over the Russian-Ukrainian war and recession risks, and oil fell $2 a barrel on reserve releases. European buyers of Russian gas faced a deadline to start paying in rubles on Friday, while negotiations to end the five-week war […]

Electronic tax

The state might want to give filers slack

Filing your Illinois taxes online is generally a good way to go. It’s pretty easy, it’s quick, and – if you use the Department of Revenue’s “MyTax Illinois” program – it’s free. But there is currently a small bug in the system that could cause new filers at MyTax Illinois to file late. And it […]

Electronic tax

New York Weighs Gas Tax Holiday, Popular ‘Bad Idea’

ALBANY, NY — In the feverish final days of state budget negotiations, there is little New York state lawmakers seem to agree on. One of them is that gas prices are too high. Proposals to give New Yorkers some sort of relief have gained momentum in recent days, even as other issues show little movement. […]

Electronic tax

SFC asks voters to approve use tax on Tuesday | Elections

On Tuesday, St. Francis County officials will ask residents to approve a use tax to collect taxes on internet purchases. County Auditor Louie Seiberlich explained why the proposal is necessary for county funding. “If someone owed you $1 million, what would you do to get it back?” He asked. “Almost every internet company charges sales […]

Electronic tax

India Crypto Tax Rules From April 1st How Will Cryptocurrency Assets Be Taxed?

Cryptocurrency investors in India will have to pay tax under the new virtual digital asset tax scheme from April 1. The Union Budget 2022-23 clarified the collection of income tax on crypto assets. Finance Minister Nirmala Sitharaman announced in the Union Budget 2022 that “any income derived from the transfer of any virtual digital asset […]

Electronic tax

Only two weeks left to obtain free tax assistance

JACKSON, Wyo. — Time is running out and Jackson Income Tax Help for Volunteers (VITA), operating out of the Teton County Library, has good news and bad news for those who have yet to file their taxes. The good news is that VITA still has appointments available on Tuesdays from 12 p.m. to 3 p.m., […]

Electronic tax

Biden Budget Seeks Minimum Household Tax Worth $100 Million | national news

WASHINGTON (AP) — President Joe Biden intends to propose a minimum tax of 20% on households worth more than $100 million and reduce projected budget deficits by more than $1 trillion over the course of of the next decade, according to a fact sheet released Saturday by the White House budget office. Introducing the minimum […]

Electronic tax

Stockton Measure A Works During COVID Thanks to Internet Sales Tax

Tough decisions were made to lift Stockton out of bankruptcy and into the solvency the town enjoys today. One was made in 2013 by voters to win through Measure A, and it also helped the city overcome the pandemic. Measure A is a three-quarters of a cent transaction and use tax — or general sales […]

Electronic tax

Government Proposes Crypto Tax Changes, Releases Import-Export Data

The government has proposed 39 amendments to the Finance Bill 2022, including changes to the structure of the crypto tax; penalty provisions on the publication of import and export data and on the statement of previous income calculations which claimed the deduction of tax and unauthorized surcharges. The discussion on the bill is expected to […]

Electronic tax

The Booming E-bookkeeping Services Market Globally with Leading Key Players

Electronic Bookkeeping Services Market The research report of the report is a wide-ranging analysis and Impact of COVID19 in the global market and detailed information with segmentation has been added in this intelligence report. In this report, a comprehensive analysis of the current global market of the Global Electronic Accounting Services Market in terms of […]

Electronic tax

Here’s the average tax refund amount so far, according to the IRS

The Internal Revenue Service reports that the average tax refund — at least so far in the 2022 filing season — is up from last year. Data from March 11 shows the IRS processed 61.9 million returns and issued 45.3 million refunds worth about $151.93 billion. The average refund so far this year was $3,351, […]

Electronic tax

Governor Lamont’s car tax cap proposal gets mixed reviews

Some municipal leaders and state lawmakers are concerned about Connecticut Gov. Ned Lamont’s election-year proposal to lower the state’s cap on local motor vehicle taxes. of the regime. Senator Cathy Osten, D-Sprague, co-chair of the powerful General Assembly budget drafting committee, said state policymakers have tried to cap car taxes in the past, promising that […]

Electronic tax

How business owners can save time and money during tax season

Most people don’t like tax preparation, tax return or meeting with accountants. For small business owners, it’s their No. 2 dreaded task, ranking only below cold calling, according to an Adobe survey of small businesses. But taxes can be a small business owner’s biggest expense. Think about it – between federal and state taxes, the […]

Electronic tax

Capitol Roundup: Revenue Department extends call center hours to help late filers

WILKES-BARRE — With the deadline for filing 2021 Pennsylvania personal income tax returns a month away, the Department of Revenue is extending its customer service hours for taxpayers to get help over the phone. This will help taxpayers get the help they need before the April 18, 2022, deadline to file 2021 personal income tax […]

Electronic tax

The Influence of CBDC and the Crypto Tax on Millennial Investors

A few decades ago, Fixed Deposits (FDs) were India’s favorite investment instruments. But with interest rates on FDs declining over the past years to levels still insufficient to combat rising inflation rates, they have rapidly lost popularity. For fear of losing the value of money, millennials have since started to venture into other forms of […]

Electronic tax

E-filing can prevent tax season headaches

Despite well-known budgeting and staffing issues at the Internal Revenue Service, the beleaguered agency is making relatively good progress in processing this year’s tax returns. The taxman has declared that it has so far received approximately fifty-five million personal tax returns and processed more than fifty-three million. As for very large tax refunds, the agency […]

Electronic tax

Don’t Make These Common Tax Filing Mistakes If You Want Your IRS Refund Fast

Making a simple mistake on your tax return can have costly consequences. Getty Images This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file quickly, accurately and on time. The days of filing a tax return with pen and paper are long gone – the complexity of […]

Electronic tax

How Global Tax Administrations Are Using Blockchain Technology

This article will analyze some practical applications of blockchain technology in tax administrations around the world, then formulate some ideas for its potential expansion in the future. Examples of Blockchain in Tax Administrations In Finland, the tax administration has started working with banks on a blockchain system to track taxes on real estate transactions. In […]

Electronic tax

Washington state approves more tax breaks for data centers

A bill to further encourage construction of data centers in Washington state passed the Senate on the last day of the legislative session last week. the Bill of 1846 encourages private investment in building, building, maintaining, and modernizing data centers in the state by expanding and extending current tax exemptions on sales and use. Related: […]

Electronic tax

CCAV offers free tax preparation

LUBBOCK, Texas (KCBD) – Do you need help filing your taxes? Since 2002, an organization has been helping low-income working families across the Southern Plains, providing free tax preparation and e-filing services through its Voluntary Income Tax Assistance Program on income (VITA). The Coalition of Community Assistance Volunteer, Inc. (CCAV) is a nonprofit organization that […]

Electronic tax

2022 tax returns: tips to know when filing this year

The IRS expects a “difficult” year. It is more important than usual to avoid mistakes. DALLAS – I thought my unread mail stack was bad (actually it is). But the IRS has a mountain of mail. I told you not long ago how the tax agency has been out of office for much of the […]

Electronic tax

No tax experience? Perfect, the taxman wants to hire you

The Internal Revenue Service (IRS) has confirmed that the agency will offer 5,000 job openings and add high-tech customer support features to deal with its massive backlog tax returns and correspondence. “This is an exciting time to work for the Internal Revenue Service,” Ken Corbin, IRS taxpayer experience manager and commissioner of wages and investments, […]

Electronic tax

Wayne Co. Treasurer Sabree Must End Tax Foreclosures

Disaster is heading for Wayne County, but Eric Sabree can stop it. Sabree, the county treasurer, could ask a Wayne County Circuit Court judge to stop tax foreclosures on more than 4,000 owner-occupied homes. Last month another 7,200 rental properties belonging to tax defaulting owners were seized. These tenants also need help and should be […]

Electronic tax

Haven’t received your tax refund yet? Know the possible reasons and how to deal with them

The new Income Tax Portal has accelerated the processing of returns, as a result of which more than 4.5 million returns have already been processed and tax refunds, if any, are mostly released. After the initial technical issues after the launch of the new income tax e-filing portal – due to which the deadline for […]

Electronic tax

Sales Tax Filings Drop After Holidays | News

Muskogee saw its sales tax filings fall below $2 million for the first time in nearly a year in March as consumer spending slowed at the start of the new year. Data compiled by the Oklahoma Tax Commission shows the city’s share of sales tax revenue disbursed in March was about $1.92 million. This represents […]

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If your life has changed in 2021, watch out for tax surprises

The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks or securities. The events of 2021 have not always gone as planned. A lingering pandemic, shifting government response and a flurry of […]

Electronic tax

Nigeria: LIRS reaffirms March 31 deadline for filing annual personal income tax returns

The Lagos State Internal Revenue Service (LIRS) has advised all individual taxpayers, including the self-employed and employees under the PAYE scheme, to file their annual tax returns by March 31, 2022. This, he said in a statement, is in accordance with the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended). […]

Electronic tax

2022 U.S. E-Cigarette, Parts, and E-Liquid Tax Regulations Report

DUBLIN, March 9, 2022 /PRNewswire/ — The “Tax Regulations for E-Cigarettes, Parts, and E-Liquids in the United States” report has been added to from ResearchAndMarkets.com offer. This tax regulation report provides a detailed analysis and comparison of the existing tax systems in each state of the United States in relation to electronic cigarettes, their components […]

Electronic tax

LIRS reaffirms March 31 deadline for filing annual personal income tax returns

Pursuant to the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended), the Lagos State Revenue Service (LIRS) has notified all individual taxpayers, including self-employed and pay-as-you-go employees. -earn (PAYE) to file their annual tax returns by March 31, 2022. A statement from LIRS explained yesterday that the requirement to file […]

Electronic tax

In case you missed it: Last week in Allyn Tax News

New York sales and use tax on IT management and monitoring services A taxpayer’s management and monitoring services provided to protect against information technology cyberattacks were determined to be subject to sales tax by the Tax Appeals Tribunal and an administrative law judge. The services were determined to be taxable due to their protective nature. […]

Electronic tax

Retirement: These 13 States Tax Your Social Security Money

DNY59/Getty Images/iStockphoto Most retirees expect about 40% of their retirement income to come from Social Security payments, GoBankingRates reported. Still, if you live in one of just a handful of US states (13, to be exact), your monthly Social Security benefits after retirement might be lower than you expected, according to a new report from […]

Electronic tax

County to Distribute Tax Funds to Beds | Archives

LITTLE VALLEY ã Cattaraugus County lawmakers voted 12-8 on Wednesday to create a tourism promotion grant program using $110,000 from the county’s budget surplus. Two Republicans joined six Democrats in opposing the resolution that was brought forward for immediate consideration. It is designed to reinvest some funds from the county’s occupancy tax, or bed tax, […]

Electronic tax

Property Tax and Rent Refund Clinics to End Next Week, According to Cause | News

The final Property/Rent Tax Refund Clinics hosted by Rep. Martin Causer, R-Turtlepoint, will take place March 7-10. However, support will continue to be available at its district offices in Bradford, Coudersport and Kane. The March 7 clinic will take place from 9:30 a.m. to 11 a.m. at the Bradford Senior Center and the March 10 […]

Electronic tax

Tax tip – Make sure you’re maximizing the benefits you’re entitled to if you’re First Nations, Inuit or Métis

OTTAWA (ON), March 3, 2022 /CNW/ – If you are First Nations, Inuit or Métis, you are subject to the same tax rules as any other resident of Canada unless your income is considered exempt from tax under section 87 of the Indian Act. To continue to receive your benefit and credit payments, you must […]

Electronic tax

Fewer deductions would simplify tax returns | Letters to the Editor

“The only difference between death and taxes is that death doesn’t get worse every time Congress meets.” (Will Rogers). Every year, the tax code gets more complicated. Only an accountant can browse the settlements. Our tax code is progressive (higher incomes paying a higher share of taxes). In 2019, the top 1% ($818,700 per year […]

Electronic tax

Ann Arbor Affordable Housing Tax Could Help Fund 5 Projects Next Year

ANN ARBOR, MI — The Ann Arbor Housing Commission has seen tremendous growth in its affordable housing programs over the past decade, says Executive Director Jennifer Hall. And it plans to go even further, with more affordable housing developments in the works. Hall spoke about where the agency has been and where it is heading […]

Electronic tax

Hochul urges New Yorkers to file electronically to claim all available tax benefits – Oneida Dispatch

ALBANY, NY – Governor Kathy Hochul recently encouraged New Yorkers to take advantage of Free File software, which can help millions of taxpayers claim valuable tax credits without the cost of hiring a tax preparer paid. The software allows you to save money and put money directly in your pocket by ensuring you claim the […]

Electronic tax

Franchisor 101: No Renewal Tax | Lewitt Hackman

A federal court in Virginia has denied tax franchisor Liberty Tax’s motion to dismiss claims filed by two of its regional promoters (“ADs”). The DAs claimed that Liberty Tax violated their contract for wrongfully terminating, failing to pay franchisees royalties in their territory, and failing to renew on the same terms as prior area development […]

Electronic tax

Kramer Levin adds digital and ESG tax partner in Paris

Kramer Levin Naftalis & Frankel has added a tax partner in Paris specializing in digital and ESG, strengthening its capabilities in two of the fastest growing areas of law in Europe. Jérôme Labrousse joined the French firm De Gaulle Fleurance, where he practiced as a partner for two years. Previously, he led the corporate solutions […]

Electronic tax

Idaho Circuit Breaker Program Offers Tax Relief | North West

The articles in this roundup of regional news are taken from weeklies across the region. This is part one, with part two set to appear online Monday at lmtribune.com. KAMIAH — Low-income homeowners 65 or older, widowed, or disabled can get property tax relief through an Idaho state program. Applications for 2022 are currently being […]

Electronic tax

Digitization to improve tax collection and fight corruption

Metro Manila (CNN Philippines, February 27) — On Saturday, several vice presidential candidates support digital tax collection efforts to make the process more efficient and address longstanding corruption allegations within the Bureau of Internal Revenue. “Digitization. That’s the answer, the number one answer,” Senate Speaker Vicente “Tito” Sotto III said during CNN Philippines’ vice presidential […]

Electronic tax

Free tax filing assistance available

NYS Department of Taxation Virtual sessions pair taxpayers with tax service experts for free to guide them through the filing process. The New York State Department of Tax and Finance encourages Western New York residents in need of tax filing assistance to register for a free virtual session. Taxpayers with adjusted federal gross income of […]

Electronic tax

Tax Assistance Programs Available to Residents of Scarborough

The City of Scarborough offers several forms of tax relief for residents seeking help with their taxes. There are several exemptions for residents that can reduce the annual tax bill. Requests for these exemptions must be submitted to our office by April 1. These exemptions are: • The Homestead Exemption, for residents who have owned […]

Electronic tax

South Dakota lowers sales tax despite Governor Kristi Noem’s stance

Record revenues and rising inflation are pushing some Republican lawmakers on the state Capitol to cut South Dakota’s sales tax rate. But an economy overstimulated by the federal government and economic uncertainty in the coming years are dividing the GOP-controlled state government on whether the time is right to cut taxes that all South Dakotans […]

Electronic tax

China livestream influencer fined $10m for tax evasion

Live broadcaster and e-commerce host Ping Rong had 24 million subscribers on the Kuaishou video platform. The 29-year-old is the latest live streamer to be fined over tax-related issues. It comes as China continues its scrutiny of the rich and famous in a bid to narrow the wealth gap. Loading Something is loading. Chinese influencer […]

Electronic tax

Xatse Derick Emmanuel: Minister of Finance, do not tax fuel if E-Levy does not pass

One of the primary means by which governments generate revenue is through taxation. These revenues generated are used to provide essential public services for the benefit of the citizens. The concept of taxation comes in two main forms. These are direct or indirect taxes. The direct form of taxation occurs when tax revenues are deducted […]

Electronic tax

New Brunswick, tax filing season starts today!

FREDERICTON, N.B., February 21, 2022 /CNW/ – Canada Revenue Agency The Canada Revenue Agency (CRA) is committed to ensuring New Brunswick residents get the benefits and credits to which they are entitled. Due to the ongoing challenges of COVID-19, this will be another unique tax filing season. We are continually working to improve and adapt […]

Electronic tax

How to choose the best tax software to file your taxes

Image source: Getty Images File your taxes electronically can help get a refund as quickly as possible. Refunds are generally available in just 21 days or less for taxpayers who submit their returns electronically and who also request that their tax refunds be deposited directly into their Bank accounts rather than coming in the form […]

Electronic tax

Updated Property Tax Information Now Available | News

New and updated property tax information has just been compiled by the Navarro Central Appraisal District and is now available to help taxpayers. This property tax information is up-to-date and covers a wide range of topics, such as taxpayer appeals, exemptions, and assessments, and includes information for certain groups, such as disabled veterans and seniors. […]

Electronic tax

Calaveras County BOS: Elements of Cannabis Tax Generate Long Debate at Meeting | Business

Two papers were presented at the Calaveras County Board of Supervisors meeting this week on Feb. 15 calling for a temporary reduction in cannabis cultivation and retail taxes. This sparked a huge debate among board members and public commentators, culminating in a vote to temporarily reduce the cultivation tax by 60% and the second item […]

Electronic tax

International Festival 2022, the fiscal renewal of downtown Lafayette coincides

Voters in the downtown Lafayette development district will head to the polls on Saturday, April 30, during the Festival International de Louisiane, to decide whether to renew the special property tax levied there. The district, home to 631 registered voters, stretches roughly across downtown Lafayette between University Avenue, Johnston Street, and Congress Street, though its […]

Electronic tax

Local Opinion: Tucson Officials Spent Tax Money Wisely | Local editorials and opinion

Police vehicles: scheduled 257, received 171, 85 in uprising, one in transit Public Safety Computer Aided Dispatch: Upgraded software used by TFD and TPD to connect to the emergency dispatch center. Status: Partially deployed Police-worn cameras: 300 scheduled, 300 received Police computers for TPD: for recording sections, body-worn video redaction: programmed 712, receipt 338, office […]

Electronic tax

Alabama’s Duty-Free Weather Preparedness Vacation Will Happen Next Weekend |

Alabama’s 11th Annual Weather Preparedness Sales Tax Holiday will take place next weekend. The sales tax-free weekend, which includes everyday purchases of emergency supplies under $60 per item, will begin at midnight on Friday, Feb. 25 and run through Sunday, Feb. 27, according to the Department of Revenue. ‘Alabama. Common emergency supplies include items that […]

Electronic tax

Former Boston Grand Prix CFO gets 4 years for fraud and tax charges

BOSTON (AP) — A former top executive at the organization that tried to bring IndyCar racing to Boston was sentenced Tuesday to four years in prison for multiple tax evasion and fraud schemes. John F. Casey, 58, of Ipswich – branded a ‘consummate fraud’ by the judge – was also sentenced to three years probation […]

Electronic tax

City opens property tax relief applications for elderly and disabled residents | local government

As the Charlottesville City Council plans to raise property taxes for the next fiscal year, city officials are offering the city’s seniors possible relief from a larger bill. Charlottesville residents who own and reside in their home and who are 65 years of age or older or who are permanently disabled may qualify for a […]

Electronic tax

Sonam Kapoor’s Husband Anand Ahuja Reacts To E-Commerce Site’s Tax Evasion Allegations, Says ‘It’s Baseless Libel’ | Hindi Movie News

In January 2022, Sonam Kapoor’s husband, Anand Ahuja, tweeted against an international shipping company for its customer service. Now the buzz is that the shipping company has ousted Anand for allegedly using a falsified invoice, an offer which is apparently used to avoid paying taxes and customs duties. Responding to Anand’s tweet, the company wrote […]