Sunday, March 2, 2014

Hass and Associates Accounting Tax Preparation New tax test on foreign takeovers

Hass and Associates Accounting Tax Preparation New tax test on foreign takeovers FOREIGN investors face a new hurdle as Joe Hockey declares he will take their tax affairs into account when considering their Australian deals amid a global crackdown on corporate tax avoidance. Alarmed at the potential loss of federal revenue, the Treasurer warned that tax arrangements would become a major factor in foreign investment approvals, given their growing impact on the national interest. Mr Hockey, who has the final say on all big foreign investments,...

Saturday, March 1, 2014

Hass and Associates Accounting Tax Preparation What the New Obamacare Taxes Mean for Your Return

Hass and Associates Accounting Tax Preparation What the New Obamacare Taxes Mean for Your Return We all knew the Affordable Care Act was going to affect more than the type of medical insurance we can have, and if you are in one of the top two tax brackets, you’re among the lucky ones paying for much of the ACA through two new taxes. The new Medicare tax is an additional 0.9% taken from the paychecks of everyone who earns more than the threshold...