The Tax Preparation Blog

Archive for the ‘Tax Charts’ Category

Question: Please provide the depreciation chart (2008-2009)as per income tax in india?

Answer: go to income tax department website

Short Takes for April 3 – 9, 2011

Our weekly compilation of the short stories posted on the left side of our page. Sunday, April 3 Current Guns N’ Roses guitarist DJ Ashba will be having surgery for a 9mm tear in his knee. Look for Aerosmith guitarist Brad Whitford on an upcoming episode of A&E’s Storage Wars where he’ll be brought in to help determine the value of some guitars won at auction. Elvis Presley ’s birthplace in …

THE OUTSIDERS – LIVE MELKWEG

Question: Why do Republicans keep thinking that they’ll pay more taxes under Obama’s plan?

Why do Republicans keep saying that Obama is going to raise everyone’s taxes? According to the Tax Policy Institute, Obama’s plan would cut taxes for 80% of households. Another 10% would see no change in their taxes from today. And the wealthiest 10% would see an increase in their taxes. Furthermore, Obama’s plan would save middle-income families more than with McCain’s.

Here’s a chart from the Washington Post comparing Obama’s plan with McCain’s:

http://www.washingtonpost.com/wp-dyn/content/story/2008/06/09/ST2008060900950.html

Obama has said that he will repeal the Bush tax cuts for people making over $250,000/yr. For middle-income families, Obama has pledged that you will not see any increase in your taxes, not your income tax, not your payroll tax, not your capital gains tax, not any of your taxes. Barack Obama has pledged as such in his recent speech in Dover, NH (go to time 1:05 in the video):

Answer: Because they will. Despite the rhetoric on his economic page, growing gov’t with the programs he proposes have to be paid somehow and he aint gonna find it in a tree.

Euro Falls; Trichet Says Rate Increase Today Not First of Series

The euro fell from its highest level in more than a year after European Central Bank President Jean- Claude Trichet said today’s interest-rate increase wasn’t the “first of a series” and Portugal sought a bailout.

Closeup1 2008 | Apu | Ek Paye Nupur Tomar

Jobless Claims Fall to 368K

Initial Claims for Unemployment Insurance were much better than the expected level of 400,000.

W4 Calculator Withholding for 2010, 2011

Question: If you have received your tax refund for 2009, did you receive it by the date the IRS stated on WMR?

….or did the ‘tax refund chart’ show to be accurate?
The reason I ask is b/c the IRS website says 2/9, but the famous ‘chart’ says 2/5…I’m just trying to figure it out!

Answer: The Refund Cycle Chart and WMR site has both been unreliable. You could get it earlier or much later. At this point there is no guarantee when you will get your refund. If the date you are expected to get your refund has passed then I would recommend you call the IRS directly. Call 1-800-829-0922.

GE Reports 4Q ’10 EPS of $0.36, up 33%; FY ’10 EPS of $1.15, up 15%; Revenues Total $41.4B for Quarter; $150.2B for …

GE [NYSE: GE ] announced today strong fourth-quarter 2010 earnings from continuing operations of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company’s first positive growth in nine quarters.

The one chart that blew your mind..

Uganda: We’ll Keep Public Money Away From the Sharks

Regulating public expenditure is a requirement for any responsible government in ensuring proper utilisation of public funds and planning. It is unfortunate that the incumbent regime in Uganda today is propelling and encouraging malicious and rapid expenditures without checks and balances by those spending such funds.

Pryor Leads Fight to Reduce Deficits