What President Trump’s tax returns reveal about the tax code: 1A: NPR
President Donald Trump's tax records were obtained by The…
Monthly Archives
September 2020
Experts say Trump’s tax report shows aggressive tax avoidance and unusually persistent losses
A recent New York Times report that President Donald Trump has suffered huge business losses and paid little or no federal income tax for many years has prompted a challenge from some of the allies of the president in the media, who said…
How the tax code allowed President Trump to pay $ 750 in taxes
On Sunday evening, the New York Times reported that President Donald Trump paid just $ 750 in federal income taxes in 2016 and 2017.
The tax code allows this: The…
How should fortune and work be treated in the General Tax Code?
At the end of last week, President Joe Biden published an article review its tax proposals, contrasting them with the tax ideas of President Donald Trump. A major theme of this article can be summarized in the title: "A Tale of Two…
What freelancers need to know about the new 1099-NEC tax form
Picture: Jacob Lund (Shutterstock)If youearned money working freelance or in the odd-job economy in 2020, you will receive a new tax form by February 1, 2021—Form 1099-NEC. This replaces Form 1099-MISC, which businesses must send when you!-->!-->!-->!-->!-->!-->…
There is a new tax form – with some changes
getty
Last year, the Internal Revenue Service introduced a draft version of a form that we haven't seen since 1982: Form 1099-NEC, Remuneration of non-employees. Form 1099-NEC is intended to replace the non-employee…
10% of Filers in Pakistan Pay 45% of Total Tax: Report
Ten percent of tax filers in Pakistan pay 45 percent of the total tax collected, according to a report published by L'Express Tribune claimed Wednesday. The report further claimed that two of the three Pakistani individuals and businesses…