(Continued from previous article) The exemption amounts that are applicable to the alternative minimum tax, have, of course, already been listed, but before we could properly move on to discuss the other components of the alternative minimum tax system, we still have another issue to tackle with regards to exemptions applicable to the alternative [...]
Entries from April 2008
Alternative Minimum Tax Part 2
April 15th, 2008 · No Comments
Tags: Tax Preparation
Alternative Minimum Tax Part 1
April 14th, 2008 · No Comments
Having discussed in length taxation in the federal, state, and local levels in the United States of America, it might be best to take up in better detail some of the taxes and fees levied by the government (whether it is in the federal, state or local levels) that have not been completely and [...]
Tags: Tax Preparation
State and Local Taxation in the US Part 6
April 8th, 2008 · No Comments
(Continued from previous article) So two of the major problems of the land value taxation system – as opposed to the regular real estate system adopted by most of the United States of America – involve gross financial situations that will be borne out of the system, if one takes into account the [...]
Tags: Tax Preparation
State and Local Taxation in the US Part 5
April 8th, 2008 · No Comments
(Continued from previous article) There are indeed so many perks and advantages to the community should it adopt a land value tax instead of a general real estate tax, particularly if the land value tax system they6 choose to adopt is the two-rate land value tax system. But, as is often stressed, like [...]
Tags: Tax Preparation
State and Local Taxation in the US Part 4
April 4th, 2008 · No Comments
(Continued from previous article) Before anything else, however, it must be explained that there are TWO types of land value taxation to be taken into consideration. The two-rate land value tax system, which has already been briefly described before, entails that there are TWO DIFFERENT RATES for the land property itself and [...]
Tags: Tax Preparation
State and Local Taxation in the US Part 3
April 3rd, 2008 · No Comments
(Continued from previous article) Unfortunately, state and local revenue cannot fall back on income taxation the way the federal government has come to use income taxation as a windfall. This, of course, is one of the reasons why the rates of property taxes have begun to rise as of late in reaction [...]
Tags: Tax Preparation
State and Local Taxation in the US Part 2
April 1st, 2008 · No Comments
(Continued from last article) Regardless of whether or not the results of you tax payment on a more local level is more obvious than the results of the tax payment collected by the government, both are nevertheless important, and as such, both should be given serious consideration. That being said, we now [...]
Tags: Tax Preparation