A former Australian Taxation Office employee has been sentenced to five years jail for corrupt conduct, including accepting bribes in exchange for reducing the tax debts of individuals and businesses.
TABLE OF CONTENTS ; Find tax benefits from home ownership, student loan and investment interest · Homeowners rejoice · Student loan interest
Some experts say a salary sacrifice or a salary package agreement can help maximise income and reduce tax debt — depending on the industry you're in and what your employer offers.
With tax time looming, you may be wondering how to handle your tax debt. Here are four ways to consider.
A slim majority of respondents in the latest NPR/PBS NewsHour/Marist poll say the debt ceiling should be raised. But they split on whether to cut programs or raise taxes to reduce the national debt.
Governments have options to reduce national debt that include raising taxes and cutting spending. Both can help lower the deficit when they're used together.
Not sure how to cover your tax debt to the IRS? Consider these options.
Simpson-Bowles debt reduction plan 2011 $14,790 Debt crisis, recession, and tax cuts reduced revenue 2012 $16,066 Fiscal cliff 2013 $16,738 Sequester; government shutdown 2014 $17,824 QE...
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One hurdle for President Trump's proposed tax cuts is the threat that they'll produce large budget deficits and balloon the U.S. debt. Prominent Republicans are already expressing great concern.