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Tax Bracket
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The impact of changes in tax rates on charitable giving (Philanthropy Journal)
Conventional thought is that when federal income tax and/or capital gains tax rates decline, charitable contributions will also decline, and vice versa. Liberals ready to lower top bracket tax (The Copenhagen Post)
The prime minister's Liberal Party has announced it is ready to lower income taxes for the country's highest earners. Previously, the Liberals had refused to budge on the issue. But Lars Løkke Rasmussen, the finance minister, said a slowing economy made the tax breaks necessary. Tax benefits for bicyclists to start Jan.1 (Chicago Tribune)
Questions remain on how incentive will be carried out It was one of the more quirky provisions attached to the $700 billion financial bailout plan: a $20 monthly benefit for employees who regularly bike to work. Tax Clarity (IndexUniverse.com via Yahoo! Finance)
You're right, Jim: We're not tax attorneys. Experts: income tax cut unlikely to boost consumption (China Daily)
BEIJING --To raise the income tax exemption bracket to anyone making 3,000 yuan (438.4 US dollars) a month, would not boost domestic demand and consumption. Deck the halls with tax breaks (Tulsa World)
'Tis time to start petitioning Santa for gifts while also thinking of ways not to give Uncle Sam as much. The end of the year is nearly here, which means the deadline for filing 2008 taxes is not far behind. A couple of local certified public accountants shared these year-end tax-saving tips. Tax credits ease costs of raising baby (The Canadian Press via Yahoo! Canada News)
(Special) - Becoming a parent is a dramatic, but costly, event in one's life. Unemployment tax going down for some (Tacoma Business Examiner)
For the first time ever, more than half of all Washington employers will be in the lowest unemployment-insurance tax bracket in 2009, with tax savings totaling some $45 million. Experts: personal income tax cut unlikely to stimulate consumption (People's Daily)
To raise the income tax exemption bracket to anyone making 3,000 yuan (438.4 U.S. dollars) a month, would not boost domestic demand and consumption. This remark was made on Saturday by Ni Hongri, researcher at the development research center of the State Council, and Gao Peiyong, vice director of the institute of Finance and Trade Economics of the Chinese Academy of Social Sciences. They were ... Agricultural Producers Should Do Year-End Income Tax Planning (CattleNetwork.com)
FARGO, N.D. -- Agricultural producers should do tax planning before the end of the year. It is best to start with year-to-date income and expenses and estimate them for the remainder or the year. Do not forget any income that was deferred to 2008 from a previous year.
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