PPT-The scope of income tax

The scope of income tax Defines what income is subject to income tax in Ireland Concepts of residence ordinary residence and domicile Implications of residence ordinary residence and domicile The scope of income tax. Mincome. ). Wayne Simpson. Department of Economics. University of Manitoba. Key Points:. GAI and BI are not the same thing (and there are important differences for policy). Mincome. GAI Experiment was much more than Dauphin (contrary to Wikipedia). Mary B Pearson, CPA. Assistant Professor of Accounting. Topics Discussed:. New Income Tax Legislation . Income Tax Brackets. Capital Gain Rates. Investment & Medicare Tax. Same Sex Marriage Filing. Table 1 Income tax allowances Notes 2010 - 11 2011 - 12 2012 - 13 2013 - 14 2014 - 15 Personal Allowance Aged under 65 4 Federal and state income taxes will have a major impact on your life, beginning with your first year of residency. Consider the following:. Last Year’s Tax Freedom Day-April 21, 2014. Single Tax Rates. Terre Lee. Senior Tax Consultant. IRS. Topics of Discussion. 1. Filing . Requirements. Filing Status. Exemptions . Income. Adjustments. Deductions. Credits. Filing Requirements. Filing Requirements. Roger A. . McEowen. **. _______________. *Presented at the 2013 National Farm Business Management Conference, Overland Park, Kansas, June 10, 2013.. **Director of the ISU Center for Agricultural Law and Taxation. Member of the Iowa and Kansas Bar Associations and licensed to practice in Nebraska.. Case III, IV, V, and chargeable gains. The amounts taxable are based on the accounting period of the company, tax year does not apply. While trading income is apportioned on a time basis, other sources of income are computed on an actual basis. Learning Objectives. Determine a taxpayer’s regular tax liability and identify tax issues associated with the process. . Compute a taxpayer’s alternative minimum tax liability and describe the tax characteristics of taxpayers most likely to owe the alternative minimum tax.. New for Tax Year 2017 . Steve . Asbell. Colorado Department of Revenue. Subtractions From Income. Agricultural asset subtraction. . For beginning farmers. Up to $25,000.. . Certified by the Colorado Agriculture . Terre Lee. Senior Tax Consultant. IRS. Topics of Discussion. 1. Filing . Requirements. Filing Status. Exemptions . Income. Adjustments. Deductions. Credits. Filing Requirements. Filing Requirements. What? You Don’t believe this? All you need do is listen to and read all the various quotes from IRS directors, commissioners and former agents, not to mention all the quotes from congressmen and women. Your social security numberYour �rst name and middle initialIf a joint return, spouse’s �rst name and middle initial Single or Married Filing Separately 3 Joint 2 1 Refund 3 Income Tax Authorities- Section 116. the Central Board of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963),. Directors-General of Income-tax or Chief Commissioners of Income-tax,. Welcome & Housekeeping . Introductions. Did everyone sign in?. PRE-Test Evaluation. 2. Agenda. Talk about filing a tax return with the Internal Revenue Service (IRS). Learn about the Earned Income Tax Credit (EITC) and other tax credits.