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Since 1898 Americans have been paying a federal excise tax of 3% on long distance calls that has now been repealed by Congress. This tax was originally intended to be a luxury tax for wealthy Americans. The Treasury Secretary has indicated the law has become antiquated and also would like to see Congress repeal this tax on local service as well.
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You really won't believe what you can buy in India for the same price as a shoe-box in London and, whether you want something to create an income, build a property portfolio, or just enjoy with your family, there will be something to suit you.
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The IRS has $4.8 billion dollars of taxpayers' overpaid
taxes, sitting in a trust fund in the U.S. Treasury - but
it is not necessarily gone for good. Taxpayers can file
amended returns up to three years later, and any money
refunded is paid back with interest. (
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Quick tips on what you need to know if you're considering donating your car to a charity in exchange for a tax deduction. The IRS has implemented strict new rules concerning car donations. You must pay close attention to the new Significant Use and Material Improvements clauses.
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There are many reasons why its so hard to get ahead in today's world, but the problem start in our way of thinking about finances.
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