TITLE

Improve Tac Savings By Ignoring Deductions

PUB. DATE
November 2006
SOURCE
Metal Center News;Nov2006, Vol. 46 Issue 12, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses issues and topics related to the improvement of tax savings deductions in the U.S. Steel producers and distributors, for some reasons, have the tendency to ignore tax deductions. According to experts, trying to break a lifelong habit of minimizing income and maximizing deductions to produce to a low tax bill is not easy. However, it is surprising to know that the lowest tax bills often result from legitimate tax deductions postponed or ignored.
ACCESSION #
23138681

 

Related Articles

  • Ambiguity and the Evaluation of Client Documentation by Tax Professionals. Helleloid, Richard T. // Journal of the American Taxation Association;Fall89, Vol. 11 Issue 1, p22 

    Tax professionals play an important role in the application of ambiguous tax law to ambiguous tact situations. For purposes of this study, a more ambiguous situation was defined as one In which the available evidence should afford less confident judgments. A common source of ambiguity for tax...

  • Tax Equality For Texas. Hutchison, Kay Bailey // Bulverde Standard (Canyon Lake, TX);12/13/2006, Vol. 22 Issue 50, p21 

    The article comments on issues related to tax equality in Texas. The Congress supported a two-year sales tax deduction in 2004 which expired at the end of 2005. Tax equality resolution in the state included several measures such as a deduction for college tuition and fees, that are beneficial to...

  • IFRS threat to tax deductions. Andrews, Bruce // BRW;11/18/2004, Vol. 26 Issue 45, p71 

    Focuses on the effort to change tax laws in response to the International Financial Reporting Standards (IFRS) concerning tax deductions in Australia. Urge of the Institute of Chartered Accountants for the Australian Taxation Office to make temporary administrative solution to the problem of...

  • Immediate tax relief for revitalization of contaminated property.  // Venulex Legal Summaries;2008 Q4, Special section p1 

    The article offers information on the U.S. Tax Extenders and Alternative Minimum Tax Relief Act of 2008, which includes an extension of the brownfields tax incentive. The tax incentive, which was originally signed into law in August 1997, seeks to advance brownfields efforts in facilitating...

  • Tax code relatively unchanged for '07; big changes loom. Proffitt, Emily // Journal of Business (10756124);10/25/2007, Vol. 22 Issue 22, pB1 

    The article examines the changes to tax laws in Washington in 2007. Among the changes in taxation laws are the extension of several tax breaks that expired at the end of 2005 and the extension of the availability of sales tax deduction to Washington state residents. The potential impact of these...

  • Taxed by Surprise. Epperson, Sharon // Time;2/23/2004, Vol. 163 Issue 8, p68 

    Discusses how many tax deductions and credits will be eliminated under the alternative minimum tax (AMT) legislation passed by the administration of President George W. Bush. Consideration of how middle class families will be subject to alternative minimum tax; How the AMT may be avoided if...

  • THE HIDDEN LIMITS OF THE CHARITABLE DEDUCTION: AN INTRODUCTION TO HYPERSALIENCE. Faulhaber, Lilian V. // Boston University Law Review;Jul2012, Vol. 92 Issue 4, p1307 

    The article focuses on salience, which is the prominence of an item or practice, and its impact on charitable tax deductions. Topics include salience in U.S. internal revenue law, taxpayer awareness, and revenue-reducing tax provisions. Information is provided on the concept of hypersalience and...

  • Direct pay permit rule amended.  // Sales & Use Tax Alert;3/1/2008, Vol. 18 Issue 4, p7 

    The article reports that the rule regarding direct pay permits in Mississippi has been amended to reflect previous legislation. It states that information has been added on the issuance of direct pay permits industries and taxpayers qualified for certain sales and use tax incentives which...

  • No mystery in taxes. Leverich, Joseph // Enterprise/Salt Lake City;10/27/2003, Vol. 33 Issue 18, p12 

    Discusses the importance of knowledge or education in tax payments. Details of tax planning strategies; Risks of tax incentive investments; Information on using tax law to benefit an investment.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics