The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census of enumeration.

— The Sixteenth Amendment



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Gift Income Tax News

US Tax Issues Facing Foreign Nationals On US Assignment - The Metropolitan Coporate Counsel


US Tax Issues Facing Foreign Nationals On US Assignment
The Metropolitan Coporate Counsel, NJ - 18 hours ago
The US generally does not allow an income tax deduction for gifts to non-US charities. Many foreign nationals who move to the United States have interests ...

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Some year-end strategies to cut your tax bill - KIVI-TV


Some year-end strategies to cut your tax bill
KIVI-TV, ID - 15 hours ago
The AMT is a parallel tax system that was created nearly 40 years ago to ensure that the very wealthy paid at least some income tax. ...

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The gift that keeps on giving - Calgary Herald


The gift that keeps on giving
Calgary Herald,  Canada - 15 hours ago
Finally, when it comes time to cash in and pay education expenses, the student only pays income tax on the gains and grants. Given the income of most ...

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Charitable IRA will extend through 2009 - Hudson Valley Press


Charitable IRA will extend through 2009
Hudson Valley Press, NY - 16 hours ago
The new law allows taxpayers 70 ½ and older to share the wealth by giving retirement savings directly to charity - and bypassing income tax. ...

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Liberty Tax Advises that There's Still Time to Cut Your 2008 Tax ... - MarketWatch


Liberty Tax Advises that There's Still Time to Cut Your 2008 Tax ...
MarketWatch - Dec 1, 2008
This measure will save gift and estate taxes by sheltering them from by the annual gift tax exclusion. Liberty Tax Service is the fastest growing retail tax ...

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National parties focus on La. Congress election - The Associated Press


National parties focus on La. Congress election
The Associated Press - 10 hours ago
Gorman also attacked Fleming's support of the so-called Fair Tax plan, which would eliminate the income tax and impose a new, 23 percent sales tax. ...

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