By Marian Wang, ProPublica It’s Tax Day, and if you’re miffed and looking for a Tea Party Tax Day event [1] to join, perhaps you should first take a look at what the Obamas are paying in federal taxes. It might provide a bit of consolation. According to the First Family’s 2010 tax return [2], […]
President Obama’s Tax Returns: $5.5 Million in Income for 2009
The White House today presented the actual PDFs of President Barack Obama’s tax return on national tax day. Read below for their highlights. President Barack Obama and First Lady Michelle Obama reported income of $5.5 million, with major donations to 40 different charities, including the United Negro College Fund, The Posse Foundation, and the Clinton […]
BD Government to allow Tax returns submission online
Tax payers in Bangladesh will be able to submit their tax return papers online this year as the government moves to set up a "totally digitalized" revenue system, the finance minister said in a press briefing. "It will make the process of paying tax easier and curb corruption," said AMA Muhith after a meeting with […]
Indian taxpayers can now file their income tax returns without Form 16
The officials from Central Board of Direct Taxes have said that the taxpayers can now file their returns without Form 16. According to them annexures and certificates relating to tax deducted at source like Form 16 are not required to be submitted along with income tax returns. The credit for tax deducted at source will […]
Five Tax Rules Every FD Investor Should Know
A lot of Indians see bank deposits as a good investment option. Fixed deposits (FDs) are the type of financial services which are considered as old and safe to save some funds by many. Fixed deposits are a risk-free way to save some money in case of emergencies. As the name suggests, a preset amount […]
Repeal of Obamacare – Just A $26.7 Billion Annual Tax Cut for the Rich
Donald Trump acts like he is a straight talker, but like any other politician – he is short on details, long on emotion. During the past week, as Paul Ryan has been selling the repeal of the Patient Protection and Affordable Care Act, little or no mention has been made of the repeal of two […]
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