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February 27, 2010

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Taxation Law Topics

There are many different topics related to Taxation Law. We invite everyone to read up on the following topics related to Maine Taxation Lawyers.

The following are topics related to Taxation and Tax Law:

Income Tax Cases
Recent Estate & Gift Tax Cases
Recent Income Tax Cases
State Statutes Dealing with Taxation
Corporate Taxation
International Taxation

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Did You Know?

Form 5471 is Information Return of U.S. Persons With Respect to Certain Foreign Corporations
Report information with respect to certain foreign corporations. A domestic partnership may have to file Form 5471 if it: Controls a foreign corporation; or Acquires, disposes of, or owns 5% or more in value of the outstanding stock of a foreign corporation; or Owns stock in a corporation that is a controlled foreign corporation for an uninterrupted period of 30 days or more during any tax year of the foreign corporation, and it owned that stock on the last day of that year.

	Newsroom
	News about Taxation cases in Maine and nationwide: Improper Payments Of Comp Time Overtime In Engineer’s Department Auditor of State Betty Montgomery today released the annual financial audit of Perry County. The audit makes findings for recovery totaling m... Read more > 2005 Federal Earned Income Tax Credit Earned Income Credit Amounts Increase The maximum amount of income you can earn and still get the credit is higher for 2005 than it is for ... Read more > New IRS Study Provides Preliminary Tax Gap Estimate WASHINGTON – The Internal Revenue Service released preliminary results today from a major research project assessing compliance with the tax laws. ... Read more > More Taxation News >

Taxation Terms

Today's Terms

Acquisition

Definition:
The purchase of one corporation by another, through either the purchase of its shares, or the purchase of its assets.

Dependency exemption

Definition:
Amount that taxpayers can claim for their eligible dependents. Each exemption reduces the income subject to tax. The exemption amount is a set amount that changes from year to year.

Work Opportunity Credit and Welfare-to-Work Credit

Definition:
The work opportunity credit and the welfare-to-work credit are scheduled to expire for wages paid to individuals who began working for you after 2003.

More Taxation Terms >

Tax Legal Resources

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Taxation Hot Topics

Topics Related to Taxation Law:

Income Tax Cases
Recent Estate & Gift Tax Cases
Recent Income Tax Cases
State Statutes Dealing with Taxation

Maine Taxation Attorney

If you live in the following cities and need an taxation attorney you should contact our Taxation Attorney as soon as possible:

Auburn
Augusta
Bangor
Biddeford
Brunswick
Lewiston
Portland

Saco
Sanford
Scarborough
South Portland
Waterville
Westbrook
Windham

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