Taxes Matter
Tax Fraud by Illegal Immigrants Costs Uncle Sam $4.2 Billion
This story clearly falls into the category: “you just can’t make this stuff up.” First, who knew that illegal immigrants in America could even file a tax return, but they can and do. Even though they don’t have a Social Security number, they can get an Individual Taxpayer Identification Number (ITIN). The ITIN was created [...]
HGTV Green Home in Serenbe, Georgia will Cost Lots of Green–for Taxes that is!
This year’s HGTV 2012 Green Home Giveaway is in Serenbe, Georgia. According to the HGTV contest rules, it comes with a home and furnishings (valued at $650,000), cash ($100,000) and a 2012 GMC Terrain SLT2 ($38,535) for a grand package valued at a cool $788,535–though not quite up to par to the $2,038,755 value of the HGTV Dream [...]
Are Taxes Forcing 2011 HGTV Dream Home Winners to Sell?
It was just announced that the winners of the 2011 HGTV Dream Home in Stowe Vermont have put their house up for sale . . . for a cool $3,795,000. However, this clip from the story makes you wonder if property taxes aren’t to blame: The annual taxes on the home are $27,720, according to [...]
Income Tax Consequences of Winning HGTV 2012 Dream Home in Midway, Utah
photo credit: Hammer51012 Another year and another HGTV Dream Home. This year’s HGTV 2012 Dream Home is a river-front home in Midway, Utah. According to the HGTV contest rules, it comes with a home and furnishings (valued at $1,500,000), cash ($500,000) and a 2012 GMC Terrain SLT2 ($38,755, shown above) for a grand package valued at a [...]
Taxes Matter 13: Maine’s Sales Tax, Tax Zappers and the Laffer Curve, Oh My!
photo credit: OhMyGouda in Florida I just posted this on The Maine Heritage Policy Center’s blog (Maine Freedom Forum), but I also wanted to share this with Wealth Alchemy’s audience because so many of you will likely be seeing this debate coming soon to your own state. Also, we all need to realize that the [...]
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