fabiochiu/medium-articles huggingface dataset:
The Difference Between Christian Evangelicalism and Religious Nationalism
By: Dr. Dion
Tags: Evangelism, Nationalism, Politics, Religion, White Supremacy

Why it’s important to stop confusing the two.

The Christian Evangelical movement in the United States has become a powerful influence on American politics, culture, and media during the past four decades. The earliest proponents of the “Moral Majority” were unabashed and unashamed of their efforts to turn their large and loyal following into a powerful voting bloc. Among these leaders were Jerry Falwell, Sr. and Paul Weyrich, who made no secret of their desire to leverage the power of their numbers into a seat at the political table.

Photo by Robert Koorenny on Unsplash

That seat was gladly granted as it became apparent that the “religious” right could move an electorate — and an election — for or against a candidate. And it wasn’t just for those two. Over the years, seats at the highest levels of civic and political life have been granted to countless others, including James Dobson, Oral Roberts, Pat Robertson, Kenneth Copeland, Mike Huckabee and Paula White.

The Covid-19 pandemic has given rise to the adage that, when you mix politics with science you get politics. The same can be said of religion; when the two mix, politics is strengthened, religion is weakened. America is now at the point where it largely uses the term “evangelical” to mean a political party (or subset of one) versus a religious tradition (or subset of one). Sadly, this is not an inaccurate characterization.

What was once a proud symbol of a sincere body of believers (evangelical Christians) has become nothing more than a pitiful pseudonym for a group of would-be standard bearers (religious nationalists).

The National Association of Evangelicals identifies four characteristics that define an evangelical Christian:

1. The belief that a person must be “born-again”

2. A strong commitment to evangelism (soul-winning)

3. Obedience to the Bible as the ultimate authority

4. Salvation through Christ alone.

Accepting this standard, any Christian can be an evangelical Christian, without regard to affiliation with any or no Christian denomination, teachings of a specific church, or race and nationality. Though evangelicalism is largely associated with protestantism, Christian Catholics who believe in these four statements are also evangelical Christians.
Familiar?
Tags: Politics, Epistemology, Culture Change, Racism, White Supremacy

“The ideal subject of totalitarian rule is not the convinced Nazi or the convinced Communist, but people for whom the distinction between fact and fiction (i.e., the reality of experience) and the distinction between true and false (i.e., the standards of thought) no longer exist.”

― Hannah Arendt, The Origins of Totalitarianism
Respectability Politics is a Sham.
By: Johnny Silvercloud
Tags: Tone Policing, Respectability Politics, Gaslighting, Bullshit, White Supremacy

Tone Policing By Another Name

IN THE WAKE OF THE MURDERS of unarmed blacks by either persons of authority (police) the first thing you hear, especially from the right wing media is a demand for blacks to in essence, up their respectability. Conservative Media pundits makes this a part of their show each time tragedy happens. Don Lemon — top liberal/moderate CNN anchor — and those similar follows suit. At first these guidelines look great; they are certainly things I can stand behind and most are things I do already. Let’s take a look at Don Lemon’s guide to equality:

Pulling Up Your Pants Stop Using the N-Word Stop Littering Finish School (we assume college, but he’s not specific) Stop Having Children Out of Wedlock

This totally looks reasonable on a superficial basis, however, one problem I spot is the fact that NONE of these are solely black problems or things only black people do. There’s millions of discount Kevin Federlines and Justin Beibers who sag their pants, yet there is yet to be an unarmed white kid who got shot on trigger-finger-reflex, who we swiftly learn the toxicology report of (but not the killer’s) and promptly anathematized in media. Everyone litters. Every ethnic group litters; black people didn’t invent that, nor hold a copyright or registered trademark to it. Most black people finish school much like most of anyone else. Blacks do not own that either. And everyone has children out of wedlock. Hell, the most famous kid having a child out of wedlock is currently Bristol Palin — and that’s a white girl (now imagine if Obama’s daughter did the same thing).

My life record should be completely irrelevant in regards to showing me basic human respect.

And while I diligently explained N-word privileges a while back, that doesn’t mean I support the word’s usage. Understanding social proximity doesn’t equal a sign off. But I’m more concerned with the N-word as an ideology which can manifest without even saying it (which of course disenfranchises or murders people) than the casual use or angered use of the word.

Now let’s just get this one thing straight; I agree with the notion of following these guidelines towards greater admirability. What I don’t agree with is the notion that Equality — basic human rights — should be tethered to admirability. After this fairly swift realization, Don Lemon — while being well intentioned — begins to look like Tom Dubois off of Boondocks; a highly intelligent brother who doesn’t have a clue.
The Term ‘White Supremacy’ Is No Longer Reserved for Overt Racism
By: Tracey Ford
Tags: Racism, White Supremacy

The Term ‘White Supremacy’ Is No Longer Reserved for Overt Racism

The phrase has seeped into the ‘nation’s rhetorical bloodstream’ as a clearer way to describe many aspects of American life Tracey Ford ·Nov 17, 2020

In a recent New York Times piece, writer Michael Powell examines how the phrase “white supremacy” went from being reserved for overt racism — think the Ku Klux Klan and neo-Nazis — to being an “accurate way to describe today’s racial realities.” There’s even evidence that the phrase has seen a resurgence with the Times has used the term 700 times in 2020 alone. That’s close to 10x more than it was used by the paper a mere decade ago.

“In a time of plague and protest, two words — ‘white supremacy’ — have poured into the rhetorical bloodstream with force and power. With President Donald Trump’s overt use of racist rhetoric, a spate of police killings of Black people and the rise of far-right extremist groups, many see the phrase as a more accurate way to describe today’s racial realities, with older descriptions like ‘bigotry’ or ‘prejudice’ considered too tame for such a raw moment,” Powell explains.
How This Is Happening
By: Kate Black
Tags: Courage, Toxic Masculinity, Covid 19, White Supremacy, America

I keep seeing people ask, “How is the happening?”

Which “this”? People objecting to science. People objecting to math. People ignoring facts, logic, and rational thought.

All of these things have led to hundred of thousands of Americans dying of Covid-19.

Why?

One part is religion. At some point science was dubbed a “belief system”, which is an absurd, irrational claim. Science works whether you believe in it or not. It that wasn’t true, nobody would be in a seat or lying in bed. They would be floating around if they “chose” not to believe in gravity.

Another part is that at some point malevolent, toxic masculinity became synonymous with strength. There is only weakness in bullying and violence. The adjoining part of this is white male supremacy. This is a core belief and value system that allows people to actually believe they are so superior that no rules apply to them, no harm can come to them, and that includes this deadly virus. These men actually believe they are impervious.

Eleven thousand of these men went to Washington D.C. to throw an epic snit about the election results, and achieved nothing but beating up photographers. They probably went home and some have probably killed their own families with the virus.

They just don’t know it yet.

This all happened because people lacked the courage to call it out as it was happening. This all happened because Republicans voted for craven men like Mitch McConnell and Ron Johnson to be in the Senate. This will continue long after this horrific year if people do not stand up and say,

“This is wrong. Stop.”

We have to do it at the ballot box. We have to do it by deleting Facebook. We have to do it by blocking propaganda outlets every single time we see it.

We have to volunteer to help campaigns in historically red states, and donate to the campaigns. We have to walk the talk.

Additionally, we have to have the courage to disengage from all of the hateful malevolent people polluting our country. Yes, it’s hard. We have to step up and walk the talk. I know we don’t want to look back the way Nazi Germany did and wonder why we didn’t do more.

There’s no cure for people consumed by greed, violence, and hate.

Stop talking to them and don’t give them one cent.

This is happening because Americans let it.

We are also stepping up to stop it.

It will take more work, and far more than one election.

So, if you are disheartened? Good. That means you aren’t a psychopath. Decent Americans who believe our democracy is worthwhile have a rough road ahead, but if we have courage — we can live up to the promise of our ideals.
Nope. If “opportunity” were a thing in America that was equal for all, you’re really telling me…
Tags: White Privilege, Racism, Race, White Supremacy

Nope. If “opportunity” were a thing in America that was equal for all, you’re really telling me these mediocre white men running everything, who fail upwardly their whole lives, would be the group we Americans defaulted to? This would be the group leading us, though they do the least amount of work? Merit isn’t a thing for getting ahead in the USA, and neither is hard work. If that were true, black women would be at the top in anything and everything.

Lots of Americans are supremely more qualified than white guys at the top, and are not privy to the same opportunities to succeed. Opportunities white men are given undeservedly. The red carpet of opportunity rolled out for white guys is unavailable to others. If it were available, there’s no way this particular group, mediocre entitled white men, would be the prevailing dominant one. It’s all about favoring those who look the most like you. And not stopping until it’s codified into law that you must. It’s isolationism, violence, and rage boners of hatred against diversity. Even gun nuts, a dependably right wing faction, dislike gun ownership the minute firearms are owned by anybody but whites.

And whites don’t cry? Seriously? Please. They whine CONSTANTLY about other races for daring to…be human and exist while not-white. Then, not only do white boys whine, they go apeshit and get violent and homicidal. Their wives bear the brunt of it, until they get their guns and go whine via mass killings and terrorism against other Americans. (Almost all domestic terrorism in the last 30 years is done by white guys crying about how they’ve failed. They whine how they can’t get women to fuck then, nor to stop getting abortions. Or can’t get black and brown people to crawl into a hole and die.)

White dudes are such poor-me victims, despite the red carpet of opportunity rolled out for them. They’re usually blaming everybody (women, people of other races, immigrants, gays, Democrats) but themselves in these violent pity parties. Or they’re joining police forces and paramilitary groups and flirting with neonazism. They erect confederate monuments 75 years after the Civil War ended. They whine about having to take them down 75 years after that. They vote for whites and nobody else. They don’t let blacks live in their neighborhoods or nearby, and shoot the ones who try. They happily fund police forces that kill black people daily with impunity. They watch white supremacist Tucker Carlson and his closet boyfriend and racist Sean Hannity. This is all a form of whites WHINING.

You’re tired of non-whites talking about racism? How about your inability to LIVE or FUNCTION without racism.
I met one of these guys.
By: Taylor Maurand
Tags: Black Supremacy, Racism, Voting, White Supremacy, 45

I met one of these guys. Actually, I dated him, by accident, having no idea what his politics were. At first, I was shocked and confused to find out, and I didn’t think he was “dumb,” but I definitely thought it was due to him being duped by certain messaging. And rather than feel angry, I felt bad that he was so intent to vote against his own self-interest.

But the scary part was when he revealed himself, and it became clear that he wasn’t duped at all; he actively chose what he wanted because, yes, the bling, the brand-name, and the machismo. But also, it turned out that this particular man identifies as a Black Hebrew Israelite, and perhaps more toward the extreme side. He actively espouses hyper-conservative “values,” and even seems to enjoy the xenophobic rhetoric of the far right. He didn’t even seem to mind the lack of denouncement and the enabling of white supremacists because, as I later learned, even white supremacists recognize the more extreme Black Hebrew Israelites as their “black counterparts.” Any racial supremacy is still supremacy. And so, this guy gravitated toward the man who validated his own hateful feelings. And once I found that out, I no longer felt bad for him. But it is very, very troubling to know that this was the case, and that he’s not the only one, even if others voted for 45 for different reasons.
Yes!!! We cant have Peace and Unity with creatures who 1.
By: Kay Valley
Tags: White, Politeness, White Privilege, Racism, White Supremacy

Yes!!! We cant have Peace and Unity with creatures who 1. Actively want our destruction by any means possible and 2. Or who are content to “stand by and stand back” chastising us for being “rude.”
Reams of legal pads surround me screaming about the immaturity of impotently lazy whites who refuse…
By: Kay Valley
Tags: Hate, Hate Crimes, Racism, Whiteness, White Supremacy

Reams of legal pads surround me screaming about the immaturity of impotently lazy whites who refuse to grow up.

Thanks for saying this!
Blaine, just have the grace to quiet yourself and listen.
By: Lucy Garcia
Tags: Racism, White Supremacy, Us History

Blaine, just have the grace to quiet yourself and listen. That means read. First read So You Want To Talk About Race by Ijeoma Oluo, a simple book to get a proper definition of racism and racist. For a deeper read into racism’s various myths, origins, and some results, read Stamped From the Beginning by Ibram X. Kendi. Then read some US history starting chronologically with The Apocalypse of Settler Colonialism by Gerald Horn, and then Narrative of the Life of Frederick Douglass, by Douglass, then The Souls of Black Folks by W.E.B. DuBois, then Fire Next Time by James Balwin, then The New Jim Crow: Mass Incarceration in the Age of Colorblindness by Michelle Alexander. Then maybe take in some novels and literature by Black authors: If Beale Street Could Talk by James Baldwin, Song of Solomon, and Beloved both by Toni Morrison, The Color Purple by Alice Walker, and Their Eyes Were Watching God by Zora Neale Hurston. And that’s just a tiny, non-definitive few of the basics for any American who wants to opine on race.

There are tens of thousands of books on American history from the perspective of Black people. Sit yourself down and read…well, ok, let’s make this doable in the next two months…five of these books. Then let’s talk.

I haven’t even mentioned reading any of the writings of the key leaders like: Letter from a Birmingham Jail or Why We Can’t Wait by Martin Luther King, The Autobiography of Malcolm X, or any of the many books by Angela Davis, or When They Call You a Terrorist by Patrisse Khan-Cullors, or The Purpose of Power by Alicia Garza two of the originators of Black Lives Matter. Please, read, then let’s talk.
(稅)結算申報期間
Tags: Taxes

Welcome to contact me.
U.S. Master Tax Guide, The nation’s top federal tax resource
By: Amie Guide To Shares
Tags: Guides And Tutorials, Taxes

By having access to the most sought-after resource on the market, you will gain a complete understanding of updated tax law, including regulations and administrative guidance. The U.S. Master Tax Guide was meticulously researched to cover today’s federal tax law and was expertly-written to help identify tax planning opportunities, ensure accuracy when filing taxes, maximize your knowledge of all of the latest tax law developments , and serve as a quick reference guide when providing tax services to your business or clients.

Files.0808053531.PDF: http://bit.ly/2DBO1Un
What if we could specify where our taxes were spent?
By: Brandon Gillespie
Tags: Spending, Taxes, Federal, Budget

A thought experiment… we have amazing technology to track things today. Considering how upset most citizens are about spending, in many different categories, what if part of filing a taxes was a way to also indicate how you would prefer those taxes were spent?

They already ask for individual donations on things like presidential candidates, why not just extend this concept a step further? Break the budget up into categories based on the various controversial spending areas, and let the people indicate where they would like the money to go (or not go).

By way of example, consider if on your tax filing, a pie chart showed the spending in the previous year, and you had some options to indicate your preferences (forgive me on the formatting, my options are limited in the medium blog editor):

How I would prefer to see my taxes spent:

Any use as decided by congress: [X] — default if nothing else is specified

Preference: A) more for this, B) keep where it is, C) less for this, D) none for this, (for each of the following):

Social Security (required by laws [x,y,z]) Defense (required by constitution) Health (required by laws [x,y,z]) Unemployment Education Transportation Justice Foreign Aid Agriculture Science and Technology Energy General Government Other: ________

While this sort of thing wouldn’t be a way to force spending a certain direction, it would help indicate the sentiment of the people, and would give us something to track the voting records of our representatives in congress against.

Thoughts?
E-Tax Solutions: #taxes2020 #taxes
By: Siwanad W
Tags: Accounting Software, Etax Services Inc, Accounting Services, Taxes, E Tax Invoice

e-Tax Invoice / e-Receipt

What is ETAX ?

Since 2012, the Thai Revenue Department (“RD”) has had a policy of supporting the preparation and delivery of electronic tax invoices (“e-tax invoices”) or electronic receipts (“e-receipts”) to support electronic transactions in the private sector and to increase the efficiency of electronic services (“e-services”) of the government.

How to submit ETAX invoice to RD ?

There’re rules, procedures, and conditions specified in the RD regulations. For a brief explanation, E-tax invoices and e-receipts are issued with a digital signature and an XML file that meet RD’s criteria (if not meet, the files will be rejected) and must be submitted to the RD by uploading XML files in RD website. Normally the documents that RD receive will be as follows; — Tax invoice — Receipt — Credit Note (issued to decrease the debt) — Debit Note (issued to increase the debt)

E-Tax by CODIUM provides a time saving automation solution for submitting taxes to the Thai Department of Revenue via email. We have several companies already using this software and have shown that it can be integrated seamlessly with SAP Business One (as well as other) accounting software. The software can auto submit all of the correct documents to the department of revenue every month via email.

Our E-tax current customers include: Huawai, SB-furniture, Siam@Siam, Homepro, DV, Dplus, BNG, Thai Samsung, BCH, PVP, SCB-BCM, Thai Insurance, Chodthanawat, Foodie, Ruamwattana, Piyamata, Eastern Sugar & Cane, Sakon Sathapat, JD Central, T2P, IQVIA, VS Chem, L.P.N. Development, Petronas, Kemrex, Wealth On Wellness, Gojek, Thai Reinsurance, Pezy Online.

#accounting #automation #automation #software #business #sap #development #webapplication #webappdevelopment #applicationservices #taxhelp #taxexpert
The Weekly Top 3 (12.21.2020)
By: Brad Keithley
Tags: Taxes, Fiscal Policy, Alaska, Podcast, Oil

Welcome to The Weekly Top 3 — our look at the top 3 things on our mind this week — for the week of December 21, 2020, our last podcast of the year.

The Weekly Top 3 is a regular weekly segment on The Michael Dukes Show. The Show broadcasts on FacebookLive and via streaming audio from the Show’s website weekdays from 6–8am. I join Michael each week on Tuesday’s show, from 6:20–7am, for a discussion between the two of us about the three issues.

This week our Top 3 are these: 1) our take on the ADN’s outlook for the coming legislative session (1:50), 2) why former Governor Murkowski’s proposal that the state bid on ANWR leases is a bad idea for the state (16:45), and 3) as we approach the end of the year, our view of the biggest issue facing Alaskans in 2021 (25:21).

The segment is at the YouTube clip above. For those that prefer the audio version, it is available both on our Spotify and Soundcloud pages. For this and other complete podcasts of The Michael Dukes Show, go to the Show’s Soundcloud page here.
SEVEN THINGS TO KNOW ABOUT GST 3B QUARTERLY FILING! Important update!
By: Anjan
Tags: Gst In India, Gst, Gst Return, Taxes, Accounting

Want to know how to ease your GST filings from now on? CBIC has now come out with quarterly filing of GST 3B returns. Find seven things you should know about it below:

What returns can be filed quarterly now?

Ans: GST 1 and GST 3B can be filed quarterly now

2. Who is eligible for the quarterly returns?

The following table explains who is eligible to opt for quarterly

Taxpayers with less than 5 Crore of turnover can file GST 3B Quarterly. These turnovers are computed for the previous financial year i.e. FY 2019–20, if you are reading this in FY 2020–21. GST 1 shall continue to be quarterly for taxpayers with less than Rs.1.5 crore turnover

3. Is the tax payment to be made monthly or quarterly?

Tax payment is continued to be made monthly!

4. How much tax is required to be paid?

5. Should tax payable be computed manually?

If a taxpayer chooses to pay through Fixed Sum Method, 35% of the previous quarter total tax will be auto-populated. In case they choose to pay through self-assessment method, manual calculations would have to be made.

6. How do I provide Input tax Credit to my customers on a monthly basis if everything is filed quarterly?

A new feature by the name of Invoice furnishing facility is available where taxpayers upload B2B invoices on a monthly basis. This is similar to GST1 but you do not include B2C transactions but include only B2B transactions.

7. What are the due dates to be kept in mind in this regard?

for any further queries, the author can be reached on anjan@anjanandco.com|anjanandco.com
Challenges to Starting a Business in New York City
By: Daniel Gardner
Tags: Ny Lawyer, Tax, Small Business, Compliance, Starting A Small Business

New York City offers entrepreneurs access to a market with consumers with high disposable income and where investors and lenders are ready to assist entrepreneurs who wish to start or grow their businesses in the Big Apple. However, that doesn’t mean that starting a business in New York is a simple stroll in Central Park.

Numerous legal challenges, business challenges, and realities exist for those intending to do business in New York. The good thing, is New York City is loaded with great talent, a dynamic population and the City has the ability to change direction when the population sees the need for change.

Read the full story at www.thenewyorklawblog

To continue reading this article, click here.
The Congressional Budget Office found little evidence that Trump tax cuts had any significant…
By: Courtney Allen-Gentry Rn Msn Phn Ahn-Bc Hwnc-Bc
Tags: Politics, BlackLivesMatter, Corruption, Taxes, Economics

The Congressional Budget Office found little evidence that Trump tax cuts had any significant economic benefit. They did substantially lower effective corporate tax rates and generate a flood of stock buybacks and dividends for shareholders. Because the TCJA did so little to boost the economy, it fell wildly short of paying for itself in growth-driven new revenue. CRS calculated that the TCJA reduced federal revenue by about $170 billion in Fiscal Year 2018, with corporations benefitting most from the tax cuts. From 2017 to 2018, the estimated average corporate tax rate fell from 23.4% to 12.1% and individual income taxes as a percentage of personal income fell slightly from 9.6% to 9.2%.

Read the original document here:
What Are Tax Obligations of a Representative Office in Vietnam?
By: Mina Nguyen
Tags: Lawyers, Taxes, Representative Office, Law, Investing

The Vietnam-based representative office of a foreign trader means a dependent unit of the foreign trader, which is established under the provisions of Vietnamese law to conduct market survey and a number of commercial promotion activities permitted by Vietnamese law.

Representative office of foreign trader in Vietnam has the rights and obligations in accordance with the law of Vietnam. Foreign trader is responsible before the law of Vietnam for all operations of its representative office in Vietnam.

Accordingly, a representative office in Vietnam is not allowed to conduct business activities, nor carry out other activities for profit-generating purposes. The representative office in Vietnam only performs the activities for the right purposes, scope and duration specified in the certificate to establish the representative office. Besides, the representative office in Vietnam has the right to rent the head office, rent and buy the facilities and materials necessary for the operation of the representative office; to recruit Vietnamese and foreign employees to work at the representative office in accordance with the provisions of Vietnamese law; to use an account in foreign currency, in Vietnam dong of foreign currency origin opened by a foreign trader at a bank licensed to operate in Vietnam and only use this account for the operation of the representative office; to have a seal bearing the name of the representative office according to the provisions of Vietnamese law. Representative offices in Vietnam can sign contracts, perform transactions with partners when authorized by the enterprise.

Hence, due to the limited scope of activities, the tax liability of a foreign representative office in Vietnam is narrower than that of an enterprise. As the representative office does not produce or trade in goods and services, it is not required to pay license fees as prescribed. Representative office of foreign traders in Vietnam is a dependent unit of foreign traders, established to investigate the market and carry out some trade promotion activities permitted by Vietnamese law, does not carry out production and business activities, so it is not required to pay license fees.

The fact that the representative office has the right to recruit Vietnamese or foreign employees to work at the office is the basis for arising personal income tax obligation. At the same time, the representative office of foreign organization is subject to personal income tax registration. For employees working at foreign representative offices in Vietnam, the taxable incomes are based on salaries and wages. Declaring, withholding, paying taxes and settling personal income tax of employees working at foreign representative offices is the responsibility of such representative offices.

ANT Lawyers, a law firms in Vietnam with offices in Hanoi, Da Nang and Ho Chi Minh City could help clients to set up representative offices in Vietnam and advise on the compliance on a regular basis.
Le Japon PM Suga envisage une étude sur la tarification du carbone pour réduire les émissions
Tags: Carbone, Japon, Taxes, Politique, Opresse

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How To Deal With Scrutiny Notice Of The Tax Department?
Tags: Incometaxscrutiny, Tax

According to data released by the tax department on Wednesday, the number of income tax returns (ITR) collected for inspection has fallen considerably. In FY18–19, the total of scrutiny cases declined to 0.25 percent from 0.71 percent in FY15–16. Whereas the tax department did not reveal the exact number of instances, tax analysts think that increased data collection and processing may have tended to minimise the number of cases obtained for scrutiny, as the tax department will have more taxpayer details that it would have traditionally pursued from the taxpayer by releasing scrutiny notice. This may have become probable as the government expanded its sources by gathering specific data on cash transactions from multiple sources, such as TDS (tax deducted at source) on cash transactions, agreement of agreeing to share data with other government agencies.



The tax authority has been improving its data mining systems, monitoring more and more transactions, particularly cash and high-value transactions, despite the percentage of tax scrutiny cases going down. This has raised the likelihood that you might receive a note of scrutiny. Most of the taxpayers who declared capital gains are awaiting the tax department’s scrutiny notices calling for more information on these transactions. This is one instance, and there are numerous other laws in which scrutiny notices may be released by the tax department. Let’s understand how to treat the different forms of scrutiny notices.



Read More https://www.informalnewz.com/how-to-deal-with-scrutiny-notice-of-the-tax-department/
Church and State
By: Jim Latham
Tags: The Bad Influence, Taxes, Short Story, Centina, Church And State

Church and State

Photo by Thought Catalog on Unsplash

It’s happy hour and the TV’s yakking about separating church and state.

“It’s a con,” Eamon says. “They’re both screwing us.”

“You think it’s that bad?” I say.

“Good cop, bad cop. We might as well be between the devil and the deep blue sea.”

“You mean that?”

“Open your eyes,” Eamon says. “The government makes the money, which says ‘In God We Trust.’” He hoists his shot of whiskey. “The Church doesn’t pay taxes — but we do.”

Eamon tosses back the shot, then slams his glass onto the bar. “And you can’t trust a priest alone with your kids.”
The sad part to all of this though is that as Bitcoin becomes more popular the IRS will be doing…
By: Brian Wright
Tags: Cryptocurrency, Bitcoin, Taxes, Capital Gains

The sad part to all of this though is that as Bitcoin becomes more popular the IRS will be doing more to get their share. Expect to see more cases of crypto tax evasion.
US Expat Tax: All that you need to know
Tags: Us, Tax

US Expat Tax: All that you need to know Akhilajith ·Dec 18, 2020

we’re going to show the five top American expat tax facts that individuals working overseas want to know.
Update: CA’s COVID-Resistant Tax Revenues
By: David Crane
Tags: California, Taxes, Politics

November 2020 General Fund tax revenues came in 30 percent above forecast. Through the first five months of the current fiscal year, revenues exceed forecast by $14 billion:

Despite the pandemic, CA’s 2020 calendar year tax revenues are running ahead of 2019:

That’s despite a 9.3 percent unemployment rate, more than double November 2019’s unemployment rate.

David Crane

President

Govern For California

Twitter: @DavidGCrane
Best Practices for Managing the Property Valuation Process for Acquisitions in the Senior Housing Industry
By: Marcus Evans Online Events
Tags: Tax, Valuation, Abbey Road Tax

Available on Demand

The silver tsunami significantly impacted the senior housing industry by creating increased demand for senior living. As opposed to new construction, many owners and operators choose to acquire, remodel and rebrand existing facilities as a means of meeting the demand in relatively quick time and at a reduced cost. In most taxing jurisdictions the acquisition is reported to local taxing officials and conveyance taxes are levied on the value of the real estate. To control the effect of the acquisition on local property taxes and state and local transfer taxes, it is imperative that only the value of the real estate and not the tangible and intangible personal property be correctly reported. The appraisal of the real estate process is a critical component in any acquisition and can impact the cost of the acquisition and lead to over taxation, thereby, derailing efforts to be cost effective.

Join this interactive forum for discussion on:

- The potential increased costs associated with not properly reporting the acquisition and managing the valuation process effectively

- How appraisers value real estate versus a going concern

- The difference between market value and book value from an accountant’s perspective

- Strategies to handle disputes/disagreements about the reported value

Speakers:

Christopher E Koenig PT, DPT, MBA, NHA, President and Chief Executive Officer, Niagara Lutheran Health

Donald O. Thompson, Jr., CEO, Maxwell Group

Lauren Trilling, Senior Vice President, Stout

Lena Henderson, Attorney, Abbey Road Tax Consultants

Allen Lefkovitz, Principal and Founder, Abbey Road Tax Consultants
Time for the Net Donor Caucus
By: Andrew D Ellis
Tags: New York, Senate, Taxes, New Jersey, Covid 19

I’m happy that Joe Biden won but I still hear Howard Beale ringing in my ears.

“I am mad as hell and I won’t take it anymore.”

Sound familiar? Does it feel familiar?

For years and years, there have been a small handful of states that have contributed more to the Federal Government that they receive in Federal spending and other benefits. Leading the pack is my original home state of New York followed by my current home state, New Jersey. Together with Massachusetts and Connecticut (and, to a much lesser extent, New Hampshire, Rhode Island, Washington, Colorado, Illinois, and somewhat to my surprise, North Dakota and Nebraska), we are constantly bailing out forty other states which can’t find a way to pay their own bills. They are the leaches of our nation.

Leading the pack of those states addicted to our money, we find the Great Dependent, the State of Kentucky, whose senior senator rails on about “bailing out” New York all the while sucking the Federal coffers dry. And, take a look at which state attorneys general supported overturning the votes of 81 million Americans. Virtually all of them come from net taker states. No surprise — they want to keep the gravy train running. Three cheers for more subsidies, more deficits and more borrowing. Anything to keep themselves in power and taking more than they contribute.

It’s time for the net donor states — New York, New Jersey, Connecticut and Massachusetts (and any other of the smaller net donor states) — to stop the looting. In the past, net donor states have been generous but today, in the midst of a global pandemic and enormous suffering in the net donor states, these net taker states have turned their backs on us. We need to stop subsidizing those states that won’t pay their own way or help us in our time of need. Joe Biden may be able to turn it around but I sense that, as of January 20th, these net takers will suddenly rediscover their deficit concerns.

The core net donor states have eight Senators (all Democrats) and fifty-three Congresspersons, of which 45 are Democrats. Nothing is going to happen without the support of these members. It’s really simple: as a long-time resident of New York and New Jersey, I’m sick and tired of getting screwed by the rest of the nation without so much as a “thank you.” We need our representatives to stand up for us, for our workers, for our employers, for our teachers and students, for our policemen and firemen, for our seniors — for all of us.

I’m mad as hell and I won’t take it anymore. If you agree, share this post. Thanks.
How can you win hotel property tax appeal?
Tags: Commercial Property Taxes, Taxes, Property Taxes

The property tax burden is a big problem to deal with many hotel owners during this COVID-19 situation. Are you thinking about how to appeal and win your case to save money? Then you must follow some of the best-practiced appeal protocols that can make you win the case. Here is the first tip for you! Check whether your hotel property is assessed fairly. Check out with an online fairness calculator to verify the fairness of your assessed property.

Can a case reduce your tax?

Can a case actually reduce your tax burden? Yes, it can reduce your tax burden. Let’s recall the first tip that I gave you. It’s checking the fairness of the assessed property. Maybe you are thinking the assessed value is right because it was assessed by property assessors. Sometimes you are not right because assessors get to assess many properties on the same day so there are chances for your assessment value to go wrong. Re-verifying doesn’t harm you when it comes to reducing your money.

A case can help you to solve such kind of assessment mistakes and support you with meaningful reduction. External factors also play a vital role in assessment. Some of the factors are

Increased capital costs

Capitalization rates

Decreased room rents

Surging hotel loans

These factors can affect your assessment value and a case can help you to look in a detailed analysis of all these factors which can counter benefit your appeal.

To the point arguments

Assessors would love to hear the exact details from you rather than beating around the bush to reduce your taxes. For example, let’s take a scenario where your hotel property needs renovation to maintain the brand name and increase the sophistication levels of the guest. This renovation will cost million dollars, and this will help in tax reduction when million dollars of your property is compared with market value.

The net profit ratio which is given from your side should always be the combination of your hotel property’s historical performance and current results of the best comparable other hotel properties. Don’t forget to validate the assessors’ conclusions with market-driven data.

Choosing the right

From your side, all you can do it present your case with the right evidence. Bring out the aspects of hotels with tangible personal properties. If you are finding it really hard to bring out the hidden evidence or nuances of your case, then that’s when you need an expert to support you!

Choosing the right expert can be a little hard for you because most of the hotel property tax consultants address the same kind of issues. But pick the one who has the exact valuation methodology that should be very transparent for you to discuss too! If you have the right tax reduction expert to support your case, there are 75% chances that you can reduce half of your money that’s being spent on hotel property taxes. Even small business taxes can opt for cases and reduce their tax burden without secondary thoughts! Good luck with your case!
Is the IRS going to audit me?
By: Olivia Siauw
Tags: Taxes, Audit, News, Irs, Tax Relief

IRS Deputy Commissioner Sunita Lough recently released an article on IRS audit rates on individual taxpayers. It summarizes the audit data between 2010 through 2015 and provides a brief overview of the types of income and returns most audited.

Increased Audit Rates as Income Grows

The IRS’s historical data shows substantially higher audit rates for taxpayers with incomes of $10 million or above for tax years 2010 through 2015. The higher-income audits also take years to complete because they tend to be more complex and often include related entities. Review the 2013 through 2015 audit percentage in the table below to see the difference in income vs audit rates.

Earned Income Tax Credit

Taxpayers who claimed Earned Income Tax Credit (EITC) are also prone to be audited because of the 50% error rates of improper claim. The improper payment rate for EITC is more than $17 billion per year. The complex EITC rules are often misunderstood by taxpayers and tax return preparers alike.

Source: Table 17a, Internal Revenue Data Book, 2019

Keep in mind the IRS can only audit your tax return for the following 3 years after the return was filed; therefore, later years data is not yet available. It is worth noting the audit percentage of “No total positive income” is almost as high as the high-income audit rates in 2014 and 2015. The “No total positive income” usually covers a negative income that resulted from negative business income and/or capital losses. This category covers a lot of small business taxpayers.
Holding Companies Explained- Protect assets and enable tax strategies.
By: David Barnett
Tags: Entrepreneurship, Taxes, Asset Protection, Small Business, Holding

How Holding Companies Work.

I received a few questions about holding companies.

What are they?

What do they do?

How are they special?

How would I take advantage of them?

Just to make it easy… I made some slides on PowerPoint to illustrate a few points on this week’s video: https://youtu.be/ORWaTm7qYRw

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com

Book a call with me at https://www.clarity.fm/davidbarnett

Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Piercey & Associates, Ltd. Highlights Three Key Facts About Estate Tax in Illinois
By: Piercey, Associates
Tags: Lawyers, Taxes, Illinois, Estate Planning, Law

According to Piercey & Associates, Ltd., an acclaimed team of trust, tax, real estate, probate, business succession, guardianship, and elder law attorneys, here are three key facts about estate tax in Illinois that everyone should know so they can build, manage and protect their legacy:

1. Estate tax and inheritance tax are two different things.

An estate tax is imposed after an individual passes away and applies to the value of their estate prior to any inheritance. An inheritance tax also may be imposed on the individual or organization that receives an inheritance.

“In Illinois, there is no federal or state tax on inheritances — there is only an estate tax,” states Piercey & Associates, Ltd., which has reduced millions in estate tax liability down to zero, and regularly eliminates probate fees for clients. “Currently, the only state that imposes both an estate tax and an inheritance tax is Maryland.”

2. Not all estates are subject to an estate tax.

In Illinois, the estate tax only applies to estates that are valued $4 million or more. The tax rate is progressive, and ranges from a marginal rate of 0.8 percent up to 16 percent. Currently, the rate threshold for the highest marginal tax bracket applies to estates valued at $10.04 million or more.

“The $4 million estate tax exemption in Illinois is not portable, which means that if a couple passes away the exception does not increase,” commented a spokesperson from Piercey & Associates, Ltd., which has offices in Barrington, IL and Oak Brook, IL. “However, if one spouse passes away, then all of that deceased individual’s wealth passes to his or her surviving spouse without being subject to estate tax. But when the surviving spouse dies, the estate will be subject to the estate tax. Without proper planning, the spousal exemption can only be used once, not twice.”

3. Estates — just like individuals — need to file tax returns.

The executor or executrix of an estate is legally obligated to file an Illinois estate tax return, along with a federal tax return (this is submitted to the state even if the federal form does not need to be submitted to the Internal Revenue Service). Estate tax returns are due nine months after the death of the decedent.

“A six month extension to filing an estate tax return is available, provided that the request is made prior to the due date,” commented a spokesperson from Piercey & Associates, Ltd., whose Partner Rodney H. Piercey is also highly involved in advising clients and charities with regard to tax-favorable giving strategies. “However, an executor or executrix who requests such an extension is also obligated to pay the estimated tax due at that time. Due to the complexities of filing an estate return — and the consequences of making an error or missing a due date — it is strongly advised to work with experienced legal counsel, whose fee can be covered from estate funds.”
4 Reasons People Get Into Trouble With the IRS
By: Milani Valentine
Tags: Business Tax Services, Taxes, Tax Refund, Tax Returns, Tax Refund Services

You don’t want to mess with the Internal Revenue Service. One small mix-up when handling your finances can cost you big.

For example, in recent years the IRS has increased its filing of levies, liens and wage garnishments. In fact, in 2004 alone, approximately 2.5 million levies were filed.

The experts at JK Harris & Co., one of the nation’s largest tax resolution firms, offer this list of common ways people get into trouble with the IRS.

1. Filing too many exemptions. An exemption gives you a major tax deduction, and some taxpayers can’t resist the temptation to report more exemptions than they’re entitled.

You can only claim exemptions for yourself, a spouse and for all “dependents.” Dependents have to meet specific criteria, however, so make sure you follow the IRS guidelines so that you don’t mistakenly file an extra exemption.

2. Being unaware of taxes levied for early withdrawal from certain retirement plans. If you withdraw from a retirement fund such as a 401(k) or IRA before you’re 59 1/2, you may face a 10 percent federal penalty on your investments, as well as a state penalty and an income tax on the money withdrawn.

3. Not paying enough taxes when self-employed. Many people who own their own businesses don’t know how much they have to pay in taxes. The tax structure for a self-employed person — what to pay, how to pay and what can be deducted — is decidedly complex, so it’s easy to become confused.

4. Not paying taxes on winnings. It is necessary to report all gambling winnings, including winnings from lotteries, casinos and horse races, as income.

To avoid issues with the IRS, I suggest seeking the help of a reliable tax preparation service so that you can be on top of your taxes.