Tax News

Home » Tax News

The History Of Tax Day

The History Of Tax Day

Comments that include profanity or abusive language will not be posted. The details of the income tax system have changed greatly since 1913. The top rates of tax have varied enormously and were particularly high during the First and Second World Wars and the Great Depression. Individuals and families with very low levels of income do not ...

Read More

Indoor Tanning

Indoor Tanning

The tax on indoor tanning service is 10% of the amount paid for that service. The tax is paid by the person paying for the indoor tanning service and is collected by the person receiving payment for the indoor tanning services. The person receiving the payment for indoor tanning services must collect and remit the tax and file the return. If ...

Read More

Stocksfortots

Stocksfortots

The 3% spent on support principally covers fundraising expenses — not one donated dollar goes to salaries or any other manpower costs. The Marine Toys for Tots Program is thankful for the many generous corporate sponsors and donors which contribute and help raise monetary contributions, toys and program awareness. Their support helps ...

Read More

Coronavirus Stimulus Check Calculator 2020

Coronavirus Stimulus Check Calculator 2020

If you give cash to, say, your private foundation, the old deduction rules apply. And while the organizations that manage donor-advised funds are public charities, you do not get the higher deduction for donating cash to your donor-advised fund. Additional fees apply for Earned Income Credit and certain other additional forms, for state and ...

Read More


Stimulus Checks

Stimulus Checks

It did not have a measure of how many taxpayers are due or have received these reissued payments. A number of tax preparation companies said that they were able to resolve the issues. H&R Block said its customer payments were processed as of last Wednesday, January 6. Aside from special cases, H&R Block said its customers should have ...

Read More