Similar Posts
Back To School: If You Pay Your Kids An Allowance, Do You Also Pay Uncle Sam?
It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: if you pay your child an allowance, what are the tax consequences to each of you?
A Christmas Day Look At Santa's Tax Bill
Santa clearly made it to our house last night: this morning was an explosion of Christmas wrapping paper and holiday cheer. Last night, before the kiddos were tucked into bed, we tracked Santa’s progress via NORAD (North American Aerospace Defense Command, a United States and Canada bi-national organization charged with the missions of aerospace warning,…
Julius Baer Shareholders React Favorably To Tax Settlement News
Shares of Julius Baer stock nosed north sharply yesterday after settlement talks with U.S. officials caused them to announced that the bank has set aside $350 million to pay potential fines related to an ongoing criminal investigation into tax practices. I know: it sounds confusing. Why would shares soar – to an all time high…
Tax Collections On Pace To Hit Record Highs
If you felt like your tax bill was a little bit higher this year, it wasn’t your imagination. Changes to the Tax Code, including the Net Income Investment Tax and the Medicare tax surcharge, help push taxes payable for many Americans upwards. Those higher tax bills helped grow revenues through fiscal year 2015 to date…
Taxes From A To Z: Q Is For Qualified Dividends
Q is for Qualified Dividends. Qualified dividends sound fancy but they’re really just ordinary dividends that, if they meet certain criteria, are taxed at lower tax rates. In order to be taxed at the qualified dividend rate, the dividend must be paid between January 1, 2003 and December 31, 2012, by a U.S. corporation, by…
11 Things I Wish I Could Tell My Younger Self About Taxes
Last week was the deadline for tax returns on extension. I mentioned on Twitter that I was sending my check on the 15th and Robert Flach (@rdftaxpro) promptly and correctly chastised me, saying, “Shame on you. When I owe I mail my check on April 15th – but I prepare the return as soon as…
2 Comments
Comments are closed.

What American President said it is the responsibility of each American citizen to pay the absolute minimum amount of taxes he or she owes under the law?
McKinley