Archive

Archive for the ‘Taxes’ Category

Big Changes to IRS Form 1099 in 2011

May 2nd, 2010

The 1099 is a form most commonly associated with freelancers and consultants, not businesses and employees, however that could soon all change. With just a few short sentences in the 2010 health care act, the IRS form 1099 just became a whole lot more important. Read more…

Taxes

VAT Passage Means More Mergers and Less Acquisitions

April 25th, 2010

Ignoring the fact that a Value Added Tax will allow the government to tax again post-tax savings, there is one more element often overlooked by politicians and economists alike. The VAT will stir vertical integration from top to bottom. Read more…

Taxes

The New Bank Tax

March 9th, 2010

Banking stocks have been all over the place in recent days as investors find themselves in a toss up of whether or not to own financial shares going into what could be a new tax on the largest banks. In an attempt to recover lost TARP money, the administration is considering a new bank tax on firms with over $50 billion in assets to make up for unreturned bailout funds. Read more…

Taxes

New Tax Could Soon Be On The Horizon – This Is Going To Impact The Market

May 27th, 2009

The Washington Post broke the story that House democrats may soon suggest a new value added tax that would be added on top of goods and services purchased in the United States. Along with an income tax, you’d also pay as much as 20% on top of any products you buy here in the states, a federal sales tax of sorts… Read more…

Investing, Taxes

2009 Economic Stimulus Package and the $15,000 Homebuyers Tax Credit – All the answers to your questions

February 5th, 2009

The American Recovery and Reinvestment Act of 2009 better known as the stimulus bill has a very interesting tax cut that is sure to fire up the real estate market. In the bill as drawn up American’s would receive up to a $15,000 tax credit for buying a home in 2009. I’ve dissected the bill and made it easier to follow than the full amendment. Read more…

Real Estate, Taxes