Every tax payer is constantly seeking ways and means to pay lower taxes. According to financial wizards those who actually pay lower taxes for large incomes earned are wise and great decision makers.

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There’s a significant negative correlation between tax morale and the perceived size of corruption. An increase in the corruption scale by one unit increases the share of subjects indicating the highest tax morale by more than 1.7 percentage points.

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The Albanian tax system today does not meet the equity, transparency and predictability criteria of a well functioning tax system. It contains significant opportunities for corruption, which further damages the accountability and credibility of the system. Of course, that these problems are at the attention of the Albanian government and the current work of the IMF (with extensive assistance from German and Sweden consultants) in collaboration with the General Taxation Directorate (GDT) is largely directed to establishing and implementing a better managerial and reporting system within the GDT to tackle many of the administrative defects.

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February 26, 2007 — Byline: Dan Jamieson IRVINE, Calif. - The Internal Revenue Service is threatening to bring more cases against wealthy investors who have used …

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May 1, 2007 — Most of the concepts and strategies you read in this tax column are really answers to questions asked (or concerns, problems or fears told to us) …

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Many people prepare their own taxes every year, so they can save the fee that a CPA would charge them. But are they really saving money?

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Last year, more than 50 million people use various software programs to help in filing for income tax. In fact, the developers have projected an increase in the years to come because this makes the task easier than doing it by hand or with the help on accountant. There are a lot of companies offering similar features when it comes to filing tax using the computer. Some have to be purchased from the store while there are those that can be downloaded from the net.

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When we are told we are due a tax rebate we are always happy. We are however giving the government an interest free loan for the year and should be angered.

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How capital gains tax taper relief fits with computation of gains.Business asset taper versus non business asset taper.

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Law abiding citizens are required annually to file the income tax returns with the IRS. For years, this was done manually by reviewing old receipts and using a calculator or with the help of a tax specialist. This usually takes hours but there is an easier and faster way to do this, which can be done with income tax software.

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