Business Pundit

If you’re wondering how the ultra-rich avoid paying taxes, here’s a handy infographic that explains it: Source: TopAccountingDegrees.org Recent reports that Google Avoided $2 Billion in Taxes by Stashing Money in Bermuda have caused many… Read more

Want to feel like a real frontiersman? Are you tired of being oppressed by “The Man”? Do you not even know who “The Man” is referring to? Then you gotta live off the grid! It’s like being a pioneer, only with the Internet and packets of… Read more

There’s been a lot of media-driven furor this year around the issue of humongous corporations weaseling their way out of paying taxes, with GE taking a brunt of the public assault. While with each passing month we hear of some new offender, one… Read more

They say that the only constants in life are death and taxes. Yet while attempts to evade the Grim Reaper have so far proven to be ultimately unsuccessful, this hasn’t stopped people trying to get out of their debt to the government. There are a… Read more

Image: Aldo Gonzalez/Flickr It’s tax man time. Around the country every April, private citizens and most business owners scrape together 25% or more of their income and send it off to the IRS. So how is it that giant multinationals,… Read more

Painting by James Montgommery Flagg/1920 The US corporate income tax rate is 35%. Yet this year, Google, which made $5.5 billion in revenues, only paid an effective tax rate of 2.4%. Indeed, it’s not unusual for a corporation to pay only 6-7%… Read more

With the April tax deadline having safely passed, most law-abiding citizens will have fought their way through the forms and ever-changing rules once more and somehow made it – yet again – just in time. Phew! But there are some – quite a… Read more

Retailers around the country are offering tax day freebies to ease your April 15 pain. Here’s a complete list of all the nationwide tax day freebies we could find: Starbucks: You get a free coffee if you bring your own mug. (This is actually an… Read more

Did you make less than $95,000 last year? If so, you’re probably eligible for a $400 tax credit, thanks to the government’s Making Work Pay program. Here’s the catch. You must fill out a tax form called the Schedule M to get your credit. No tax… Read more

You’ve probably done your taxes by now (or put them off, or evaded them). If you’re lucky enough to get a tax refund this year, the IRS has a neat website called Where’s My Refund? that lets you check your refund status online. Simply fill out… Read more

This is a guest post by Manny Davis of Back Taxes Help. In 2009, many tax credits were augmented and created. Tax credits can help you lower your total tax bill and increase your chances for a tax refund. Below are some of this year’s most… Read more

Welcome to tax season. If you’re a small business owner, those words might induce a shudder. For many of us, tax season means scrambling to itemize, catching up on stray expenses, and rushing to send contractors and employees the right forms at… Read more

Share Seemingly everyone has an opinion about taxes. As one of the largest economic and political issues of any country, the subject of how high taxes are (and upon which segment of society they predominantly fall) can be counted on to engender… Read more

Look, I like to make money and I like to save money. That’s just the way it is and being a small business owner, I’m going to have the company pay for as many of my expenses as possible so I don’t have to pay out of my own wallet. That’s the… Read more