Accounting portal Articles

Going Green with Cap and Trade!

The government is going green with cap and trade legislation! Kinda… Calculate your Cap and Trade tax burden! Visit the Tax Foundation website: Front Page LYRICS: We’re gonna… Cap and trade all carbon emissions...

What Is Tax Deferral?

The Obama Administration is proposing to raise more than $100 billion from American multinational corporations by limiting in some way the ability of U.S. companies to defer tax on profits earned abroad. The premise...

Nanny Tax Rap

Plenty of “sin taxes” have been proposed this past year: an 18 percent tax on non-diet soda (NY), a 7 percent poured drink tax (Pittsburgh), a 5 cent bottled water tax (Chicago), an 1800%...

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