A TAX on reading celebrity books  must be scrapped by Sajid Javid in his first Budget, campaigners say. A TAX on reading celebrity books  must be scrapped by Sajid Javid in his first Budget, campaigners say. Millions of e-books and audiobooks including Elton John’s autobiography and David Walliams’ stories  are slapped with an “illogical”  twenty per […]

The biggest reason people contribute to IRAs is to get a tax deduction on their contributions. Traditional IRAs offer most taxpayers an up-front deduction when they make that contribution, letting people wait to pay tax until they withdraw money from their IRAs in retirement. However, some people are surprised to learn that they might not

One thing I must say for Fowler, the ex-boss at the Federal Inland Revenue Service – in spite of his many failings – is that he was partly a victim of general economic mismanagement and vision impairment from the top and centre. Nigeria shouldn’t have gone into a deep recession in 2016/7 but for the

The Nigerian equities market opened trading for the week on a bearish note as losses by Zenith Bank Plc, FBN Holdings Plc and Unilever Nigeria Plc, among 10 other stocks pushed the Nigerian Stock Exchange (NSE) All-Share Index (ASI) down by 0.30 per cent to close at 29,552.99. Similarly, market capitalisation shed N39.1 billion to

The Senate has assured Nigerians that the implementation of the 2.5 per cent increase in the Value Added Tax from February 1 will not affect the purchasing powers of an average Nigerians because the increment was targeted at luxury items. The President of the Senate, Ahmad Lawan, stated this on Monday, while answering a question

The 2020 Appropriation Bill, “budget of sustainable growth and job creation“, was presented by the President to the National Assembly on the 9th of October 2019 along with the draft Finance Bill (which has now been passed into law as Finance Act) which is intended to effect crucial changes to the existing fiscal laws that will

CHICAGO, Jan. 24, 2020 /PRNewswire/ — First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today reported the tax treatment of its 2019 distributions.  For tax purposes, 83% percent of the Company’s 2019 common stock distributions represented ordinary dividends and 17% were classified as capital gain distributions.

Tax season is right around the corner, and our favorite tax software is almost half off right now. Normally priced at $44.99, H&R Block 2019 Deluxe + State is on sale for just $24.99 at walmart and Amazon . It’s available for PC or Mac, and you can download it right away, so you won’t have to wait

U.K., European and American banks plan to ask the British government for as much as 4 billion pounds ($5.2 billion) annually in tax breaks post-Brexit after paying billions in extra levies to the Treasury since the financial crisis, The Telegraph repoeted. Bank chiefs, who say they have received offers from EU countries for their business, hope to

IRS Volunteer Income Tax Assistance will offer free tax preparation and electronic filing for low and moderate-income people in Williamsburg, James City County and York County. Al Cummins, a spokesman, said all the volunteers are IRS certified. The only thing people need to do to receive help is come by with their income tax forms