Home Tags Tax
The Zionist Organization of America has lost its 501(c)3 tax exemption status, due to failure to file tax returns for the last three years.
Wealth transfer is a hot topic in financial planning. Thinking about how to pass funds from one generation to the next can be emotionally difficult. Perhaps the older generation doesn’t approve of the way the younger spends the money, or the younger generation isn’t involved in the family business. Furthermore, tax and legal issues can complicate matters.
U.S. taxpayers traveling to the United States with unpaid U.S. tax assessments can be detained at the border, questioned, and flagged for follow-up enforcement. If a taxpayer has an unpaid tax liability and is subject to a resulting Notice of Federal Tax Lien, the IRS may submit identifying taxpayer information to the Treasury Enforcement Communications System (TECS), a database maintained by the Department of Homeland Security (DHS).
Avraham and Moshe Tischler, 20-somethings brothers and ambitious political neophytes, recently met with The Jewish Press editorial board to discuss their current political plans and future prospects.
If you are already bored with the US presidential campaign rhetoric, do we have a debate for you!
This is too delicious for words. On Friday, Bruce Bartlett of the Fiscal Times published a column under this very headline. It should obviously be filed under the "Dewey Beats Truman" category.
There’s no such thing as a perfect investment.
A recent CNN Money article focused on how more students than ever are requesting need-based financial aid from the private schools they attend. “Private schools are getting flooded with financial aid applications, and a growing number of the parents seeking help are earning $150,000 or more a year,” the article stated. It also pointed out that “overall, the average cost of tuition at private schools across all grades is nearly $22,000 a year, up 4% from a year ago and 26% higher than it was in the 2006-07 academic year, according to the National Association of Independent Schools.”
We must not let our concept of the purpose and character of a tax be corrupted, precisely because taxing us is a power accorded Congress in the Constitution. The definition of “tax” is, in fact, the most important limit on what Congress can do with its power to tax. In the wake of the Obamacare ruling, defining “tax” is defending our liberty – or, from the opposite perspective, attacking it.
Understand this: it doesn’t matter if ObamaCare is repealed next year. Repeat as necessary until understood. The SCOTUS ruling is on the books. Congress can make you buy anything, as long as it fines you if you don’t. The concept of constitutional limits on the power of government has been effectively removed from our guiding idea of law and jurisprudence.
This is what a tax now looks like? This is an open invitation to “tax” via whatever mandate sounds good to you. What sort of unequal-before-the-law mandate would not fit this definition of a tax? Congress can do anything it wants, by the logic of this decision, with the judicial precedent set that levying mandates equals using the power to tax.
For many people, especially younger ones, ideas about which government rules and “services” we can happily do without will be new and startling. But it is possible to slip the surly bonds of the Regulated Man construct and envision a better future. Wisconsin has taken an important step toward that future. Walker’s Wisconsin is what “Forward” looks like.
Top Palestinian negotiator Saeb Erekat says Arab nations will pay the Palestinian Authority $100 million a month if Israel stops monthly tax payments to the group in Judea, Samaria, and Gaza.
Austerity policies, which consist mainly of extra taxes, not only keep the European governments from finding long-term solutions to their overspending, while worsening the economic situation; they also make these government increasingly unpopular. Almost 40 years after Arthur Laffer drew his famous curve on a napkin, one wonders why European politicians keep closing their eyes to an evident truth instead of putting in place incentives for growth.
It was when Congressman Steve Rothman defended the rights of Former Libyan dictator Muammar Kaddafi’s personal envoy to live peacefully and tax-free next to me that I first thought of running against him. What was Rothman's purpose in defending the right of an envoy of a terror-sponsoring government to live in our midst?
In 1648 and 1649 Bogdan Chmelnitzky and his hordes of Cossack warriors perpetrated an annihilation campaign against the Jews of Poland and the Ukraine. Almost 100,000 Jews and 300 communities perished at the hands of these murderous mobs. All of the Jews, including infants, were targeted for murder; the general populaces nearly always joined in the attacks, and the torture and degradation of Jews was an integral aspect of the murderer’s procedures.
Like clockwork, the question of school vouchers makes a prominent appearance whenever the media focus on a statewide election in New York, particularly one in a heavily Orthodox district. The latest chime was sounded during the battle between Lew Fidler and David Storobin to fill an open state senate seat; both promised constituents that they would make the fight for vouchers and tax education credits their priority.
According to the State, Rabbi Meshulam Rothschild, 26, was moving about 3,600 cartons a week of illegal cigarettes with no tax stamps out of his warehouse on Spencer Street in Williamsburg. At $50 a carton in taxes, that's a very nice income, although not so steady, it turns out…