index tax
[Link] Interview With a Sex Work Accountant
Read: 4/7/2022 www.vice.com
Tax time sucks. To some of us, it’s unintelligible garble on paper and the only thing to alleviate the lengthy annoyance is – sometimes – a tasty return at the end. An accountant can make things simple, if you can afford it.
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[Link] Australian cryptocurrency investors can’t be trusted to keep transaction records themselves, the ATO says
Read: 24/11/2021 www.businessinsider.com.au
As first-time investors continue their rush on cryptocurrencies, the Australian Taxation Office (ATO) says it can no longer rely on taxpayers to navigate the complex world of income tax, capital gains, and blockchain record keeping on their own.
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[Link] Morrison considering tax cut extension that could deliver $1000 extra to millions
Read: 15/11/2021 www.9news.com.au
Millions of Australians could be $1000 better off as the Morrison Government considers extending tax cuts. The Low and Middle Income Tax Offset provides a maximum benefit of $1080 to those who earn between $48,001 and $90,000.
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[Link] Why are the Last 4 Digits of an SSN Important?
Read: 11/11/2021 www.stilt.com
Social Security Numbers are issued by the government and they are used for various purposes. A lot of times, different companies will use the last four digits of your SSN. However, these four digits are crucial and you need to protect them. But why are the last 4 digits of an SSNso important?
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[Link] If Americans can’t have basic things like childcare, our democracy is a sham
Read: 6/11/2021 www.theguardian.com
In 2014, Northwestern and Princeton researchers published a report statistically documenting how lawmakers do not listen or care about what most voters want, and instead mostly care about serving their big donors.
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[Link] House Democrats Back Off Targeting Billionaire Tax Schemes and Swap in New Nicotine Levy
Read: 6/11/2021 theintercept.com
A new version of the Build Back Better Act that the House Rules Committee released Wednesday was amended to protect tax avoidance schemes used by the ultrawealthy in their estate planning.
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[Link] How South Dakota became a global tax haven
Read: 12/10/2021 www.axios.com
South Dakota has become the world's foremost tax haven — right up there with the Cayman Islands, and ahead of old-fashioned locations like Switzerland. That's one of the clear messages from the Pandora Papers leak of confidential financial information about the world's richest individuals.
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[Link] IRS must turn over Trump tax returns to Congress, DoJ says
Read: 31/7/2021 www.theguardian.com
The US Department of Justice on Friday ordered the Internal Revenue Service to hand Donald Trump’s tax returns to a House committee, saying the panel had invoked “sufficient reasons” for requesting them.
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[Link] ATO matches insurance info on luxury goods with declared incomes to catch out tax cheats
Read: 30/7/2021 www.abc.net.au
About 300,000 Australians who may have made purchases of luxury cars, private jets, yachts, thoroughbred horses and artwork are being warned by the Australian Taxation Office (ATO) to declare all their income or they could face a review or audit.
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