DATELINE: BRAINTREE AND NEWTON, MASS…
Rodman & Rodman, P.C. Certified Public Accountants and Business Strategists, have outlined
the tax provisions that take effect August 1, 2009 that may affect accounting systems, cash registers or POS systems of businesses.
 

The sales and use tax rate is increased to 6.25 percent from 5 percent.

The local excise tax rate that cities [...]

Finding help with tax debt is not as hard as some want to believe. Don’t think that there is nobody who can help your complex situation. Chances are that you are not too bad off. All you have to do is find the right help with your taxes and you will be well on your [...]

V. S. Datey
1. Budget 2009 was presented before Parliament on 6-7-2009. The major changes in indirect taxes are summarised below:
2.1-No change in existing rate of service tax – Existing rate of service tax of 10 per cent continues unchanged.
2.2 -New services and expansion of some services – Four new services are proposed to be [...]

Here are four important facts about filing your Income Tax returns in India. The Income Tax returns filing is mandatory, there is penalty for not filing, due date for filing and disadvantages of filing beyounnd due date.
(1) Income tax Filing is mandatory
Income tax return filing is mandatory for all tax payers even if you are [...]

Sukumar Mukhopadhyay Member Cbec (Retd.)
1. A very recent judgment of the Delhi High Court holding that renting of immovable property is not a service has created interest among taxpayers, analysts and economists. Both conceptually and legally, there are some issues which need to be settled; as if it is not a service, there will be [...]

When people think of how to sell a house fast, they often think of how to advertise it better, or how to make it more presentable. That can be a good start, of course, but it ignores the single most important factor: price. Generally, if homes are selling in three months in your area and [...]

The first step to annually appealing your property taxes is to send a written notice to the appraisal review board (ARB) for the county in which your home is located. Even if you have not received a notice of assessed value from the appraisal district, file a notice of appeal by May 31st.
You can file [...]

Be aware of changes in the tax law for 2009
As published in the Naperville Sun – July 23, 2009
Earlier this year, Congress passed and President Barack Obama signed the American Recovery and Reinvestment Act of 2009. Included in this law were a number of provisions that affect income taxes for the year 2009, some of [...]

Every year, The IRS releases its list of the top 12 tax scams and schemes.
These scams – known annually as the Dirty Dozen – are illegal and can lead to
problems for taxpayers who risk significant penalties, interest and possible
criminal prosecution.