To receive the rebate, the service member must: (i) show at least $3,000 in qualifying income (earned income, combat zone pay, Social Security benefits or Veterans Affairs benefits) on their tax return; (ii) file their 2007 federal income tax
return on or before Oct.
The proposed assessments impose FICA taxes on the exercise of ESPP options and federal income tax
withholding on disqualifying disposition of ESPP stock.
Both alternative tax systems assume the federal income tax
on business income is antiquated and beyond repair.
If the insurance arrangement with a foreign captive is properly treated as insurance for Federal income tax
purposes, the premiums paid with respect to such an insurance arrangement are subject to the FET.
The determination of whether a cleric is an employee or self-employed for federal income tax
purposes is based primarily on fact.
Some more history is that the CalCPA Committee on Taxation, in the late 1970s or early 1980s, proposed that the California income tax merely be made a percentage of the federal income tax
Federal Income Tax
Allocations: Should the new special election be made to conform the allocation of federal income taxes
for E&P purposes with the method now mandated for basis purposes?
Among its many provisions, the Act has indefinitely extended federal income tax
exemptions for all qualified distributions from 529 college savings plans.
The 2003 regulations expanded the applicability of the statutory merger or consolidation provisions, by expressly permitting a merger of a target into a limited liability company (LLC) that is disregarded as a separate entity from the acquiring corporation for Federal income tax
In 2000 the taxpayer listed his nephew Mohamed as a qualifying child and claimed the EIC on his federal income tax
In Legal Ruling 2001-3, the FTB states that the advance tax refund is considered an overpayment of federal income tax
AMEX: HBW), Dallas based women's fashion manufacturer reported net sales of $3,875,864, income before federal income tax
of $517,079, and net income of $336,703, or $.
It held that if a Wyoming LLC were structured with sufficient partnership attributes, then like the foreign GmbH or limitada, it could also be treated as a partnership for federal income tax
If the combined total of all loans from different retirement plans is more than $100,000, Federal income tax
may be payable on the excess.
On August 28, 1995, and October 2, 1996, JMA filed its corporate federal income tax
returns for the 1994 and 1995 fiscal years.