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Bordeaux & Bordeaux, CPAs PA
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A Visit From Saint Nick is a tax-free celebration and Santa won’t be leaving a 1099 under your Christmas tree. http://ow.ly/2l0u30mXvkE
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While Bitcoin itself is grabbing most of the cryptocurrency headlines, it may not be the ultimate winner. http://ow.ly/COqd30mSc5p
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Taxes aren’t just about revenue. Washington loves to use taxes to accomplish goals they can’t legislate directly. http://ow.ly/zKyr30mQyAS
Carrots Versus Sticks
Carrots Versus Sticks
charlottecpafirm.com
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Last year’s tax bill cut the top federal rate from 39.6% to 37%. However, it also capped deductions for state and local taxes to a flat $10,000.http://ow.ly/LTBh30mHMca
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In the U.S., several states impose revenue-based taxes instead of traditional corporate income taxes. It's easier for businesses to calculate revenue-based taxes and for auditors to verify them.http://ow.ly/IJkC30mDigV
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In Finland, tucked between the Baltic Sea and the Arctic Circle, they have decided to discourage the sort of income inequality that’s growing across the world. So, in the interest of transparency, they publish everyone’s income tax returns!
The Finnish Tax Administration schedules their big reveal for 8:00 AM on November 1. The New York Times calls it “National Jealousy Day,” which seems appropriate, and Finnish newspapers assign up to half of their staff to covering the event. This year, taxpayers reported earning a total of €140 billion and paying €46.8 billion in tax, making Finland one of the highest-taxed countries in the world. But of course the real fun lies in snooping through the individual returns: your bosses, your neighbors, and your friends and family.
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In Finland, they have decided to discourage the sort of income inequality that’s growing across the world. So, in the interest of transparency, they publish everyone’s income tax returns!
The Finnish Tax Administration schedules their big reveal for 8:00 AM on November 1. The New York Times calls it “National Jealousy Day,” which seems appropriate, and Finnish newspapers assign up to half of their staff to covering the event. And, of course the real fun lies in snooping through the individual returns: your bosses, your neighbors, and your friends and family.
Hey, Jealousy
Hey, Jealousy
charlottecpafirm.com
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Last week, Anoka County District Court charged Hendrickson with four counts of “theft by swindle,” totaling about $250,000. http://ow.ly/MyBj30mqKIm
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Halloween, America’s second-favorite, & second-priciest, holiday. But halloween candy is cheapest exactly four days before the 31st. http://ow.ly/PEXX30mlgaf
A Scary Disconnect
A Scary Disconnect
charlottecpafirm.com
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Pseudocide is faking your own death, but wouldn’t your beneficiaries still owe the tax if you aren’t really dead? http://ow.ly/NN1e30mg9HJ
The Taxpayer Who Never Was
The Taxpayer Who Never Was
charlottecpafirm.com
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