Bankrate’s 2011 Tax Guide features tax calculators and stories on all the important rates and deductions for consumers’ tax filings Now that the New Year is here and tax season is quickly approaching, Bankrate Inc. has released its 2011 Tax Guide, filled with resources to help consumers file their taxes with ease. From tax calculators [...]
Governments Try to Strike Right Balance as They Look to Raise Revenue While also Keeping Tax Rates Competitive for Businesses The worldwide decline in top personal income tax rates over the past seven years generally appears to have come to an end, as this year’s average rate increased 0.3 percent globally, according to KPMG International’s [...]
Overwhelming response to National Board of Tax Practitioners’ Spanish- and English-language workshop schedule results in additional dates Tax preparers across the country are struggling to find information about new IRS tax preparer regulations. But thanks to a series of free workshops offered by the National Board of Tax Practitioners (NBTP), preparers can finally get the [...]
Middle-income Americans are now paying federal taxes at or near historically low levels, according to the latest available data. That’s true whether it comes to their federal income taxes or their total federal taxes. Income taxes: A family of four in the exact middle of the income spectrum will pay only 4.6 percent of its [...]