How to Avoid the Kiddie Tax, Even with Extended Age
- FAULTY FILINGS. Montgomery, Jenny // Indiana Lawyer;6/8/2012, Vol. 23 Issue 7, p7
The article offers information on a report made by Indianapolis television station about a loophole in the law that allows undocumented immigrants to claim tax credits for children living in other countries. It also discusses about the Individual Tax Identification Number which is needed to pay...
- Kids and Taxes: New Planning Opportunities. Schnepper, Jeff A. // USA Today Magazine;May2002, Vol. 130 Issue 2684, p29
Deals with the benefits of the U.S. 2001 Tax Act to children. Child tax credit; Adoption tax credit; Education credits; Deduction for higher education expenses.
- Individual Tax Update, Part 2. Curatola, Anthony P. // Strategic Finance;Feb2003, Vol. 84 Issue 8, p19
In this article the author provides insight on the tax law that pertains to the claiming of a taxpayer's principal residence for a missing child. The author discusses the requirements that must be met in order for parents to make use of this law, noting that they had to provide over half of the...
- Federal Estate Tax Returns Filed For 2007 Decedents. Raub, Brian; Newcomb, Joseph // Statistics of Income (SOI) Bulletin;Summer2011, Vol. 31 Issue 1, p182
The article offers information for the filing of federal estate tax returns for 2007 in the U.S. Approximately 36,706 individuals died in 2007 with total gross estates of 2 million dollars or more, the threshold for filing the estate tax return Form 706. These decendents accounted a combined...
- A PROBLEM-SOLVING PACKAGE FOR THE TAX ACCOUNTANT. Cole, Malcolm // Accountancy;Aug1988, Vol. 102 Issue 1140, p121
Features Taxpoint, Datasolve Inc.'s personal tax computer program for accountants' use in Great Britain. Production of tax returns, full supporting schedules and assessments; Limits of the program; Problems posed by changes in tax rules.
- Incomplete returns. Greene, Chris; Maddalena, Christina; Wisdell, Ana // Accountancy;May90, Vol. 105 Issue 1161, p56
This article reviews the British court decision in the tax case of Cox versus Poole General Commissioners and IRC, which held that the words to be advised or as returned by employer do not constitute the making of a complete tax return. Penalties under the Taxes Management Act of 1970 (TMA) were...
- Abacus v Barr (High Court). // Accountancy;Jun2003, Vol. 131 Issue 1318, p110
Presents the British High Court case "Abacus v. Barr," which is another example of the Hastings-Bass principle. This allows any decision taken by a trustee to be challenged if the trustee failed to bear in mind relevant factors, or conversely, took into account irrelevant considerations, and it...
- AN END TO THE DEADBEAT DAD DILEMMA?--PUNCTURING THE PARADIGM BY ALLOWING A DEDUCTION FOR CHILD SUPPORT PAYMENTS. Mombrun, Reginald // Fordham Journal of Corporate & Financial Law;2008, Vol. 13 Issue 2, p211
The article presents information on some legal arguments on theoretical rationale justifying tax policies on deduction for child support payments in the U.S. A brief overview of the policy rationale for a child support deduction is presented. The article also employs the traditional process of...
- Give Me Credit... I Understand the Child Tax Credit. Krebs, David A. // National Public Accountant;Jul99, Vol. 44 Issue 5, p39
Focuses on the child tax credit in the United States (US). Information on the Taxpayer Relief Act of 1997; Requirements for a taxpayer to qualify as a dependent; Technical correction in the US Internal Revenue Service Restructuring and Reform Act of 1998.