The TurboTax 2007 Income Tax Handbook: The Complete Guide to Tax Breaks, Deductions, and Money-Saving Tax Tips (Turbotax Income Tax Hanbook)
Financial Skeptic (Free subscription) | yesterday
LDK Solar (LDK) released financial results and here are a few things investors may worry about. 1. Accounts receivable are equal to 100% of the last reported quarters revenues. Does anyone pay a bill? 2. The balance sheet reads more like a financial institution than a high tech manufacturing enterprise. Prepayments to suppliers show up in both current assets and long term assets expecting to last longer...
BloggingStocks (Free subscription) | 11/20/2009
Filed under: Economic data , Politics , Federal Reserve , Recession Here's a shocker! Over the next decade the U.S. government is expected to rack up $9 trillion in debt. More than half that amount, $4.8 trillion, will be in interest payments. To further emphasize the depth of the problem, in 2015 interest due will be $533 billion, equal to 1/3 of the federal income taxes! Right now, the Treasury...
Business Wire (Free subscription) | 11/18/2009
NEW YORK--(BUSINESS WIRE)--Western Asset Intermediate Muni Fund Inc. (NYSE Alternext: SBI) as of September 30, 2009. Investment Objective: The Fund seeks as high a level of current income exempt from Federal income tax as is consistent with prudent investing. Portfolio Composition*: Asset Allocation Municipals 100.0% Top Ten Municipal Sectors Pre refunded / Escrowed to Maturity 18.3% Power 16.9% Health...
Market Watch (Free subscription) | 11/18/2009
SAN FRANCISCO (MarketWatch) -- The state of California on Wednesday estimated it will face a budget shortfall of $20.7 billion between now and the time the legislature enacts its 2010-2011 budget plan. The gap consists of a $6.3 billion projected deficit for the 2009-2010 fiscal year and a $14.4 billion gap in 2010-2011, according to a report from the California legislative analyst's office. California,...
PR News Wire (Free subscription) | 11/13/2009
LINCOLN PARK, N.J., Nov. 13 /PRNewswire-FirstCall/ -- Lincoln Park Bancorp (the "Company"), the holding company of Lincoln Park Savings Bank, announced net income of $131,000, or $.07 per share, for the quarter ended September 30, 2009, as compared to $120,000 or $.07 per share, for the quarter ended September 30, 2008. The increase in net income of $11,000 was primarily due to increases...
PR News Wire (Free subscription) | 11/12/2009
RICHMOND, Va., Nov. 12 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. (NYSE: GNW) today disclosed that, based on recently enacted legislation, it expects to recover approximately $85 million in Federal income tax refunds, considering results through the third quarter of 2009. The exact amount of the recovery will be determined by results for the remainder of this year, with any statutory tax benefit...
Market Wire (Free subscription) | 11/12/2009
POWAY, CA (MARKET WIRE) ALDILA, INC. (NASDAQ: ALDA) announced today net sales of $10.7 million and a net loss of $571,000 ($0.11 loss per share) for the three months ended September 30, 2009. Included in the loss was an income tax charge of $744,000 ($0.14 per share) related to the shutdown of the Company's facility in Mexico. The income tax is on the repatriation of earnings from Mexico, which the...
24/7 Wall St. (Free subscription) | 11/12/2009
According the monthly Treasury report released this afternoon, the Federal Government posted a $176.4 billion deficit in the month of October. Total Government receipts came in at $135 billion. Of that $61.2 billion was attributable to personal income tax, down roughly $25 billion from the same period last year. There were net refunds to companies [...]
PR News Wire (Free subscription) | 11/10/2009
TROY, Mich., Nov. 10 /PRNewswire/ -- A new college savings plan, the MI 529 Advisor Plan, will officially be opened to the public as of November 16, 2009. The new plan is in addition to the current (direct) 529 Plan, but will only be available through licensed brokers. The 529 Plan allows for tax-deferred earnings, which are then Federal and Michigan income tax free when used to pay for qualified higher...
Business Wire (Free subscription) | 11/10/2009
LEAWOOD, Kan.--(BUSINESS WIRE)--The Board of Directors of Tortoise North American Energy Corp. (NYSE: TYN) today declared the company’s fourth quarter 2009 distribution of $0.37 per share, which is unchanged from its prior quarter. The distribution will be paid on Nov. 30, 2009, to stockholders of record on Nov. 23, 2009. Expected Treatment of Distribution A portion of this distribution is expected...
Business Wire (Free subscription) | 11/09/2009
NASHVILLE, Tenn.--(BUSINESS WIRE)--First Acceptance Corporation (NYSE: FAC) today reported its financial results for the first quarter ended September 30, 2009 of its fiscal year ending June 30, 2010. Operating Results Revenues for the three months ended September 30, 2009 were $57.3 million, compared with $71.6 million for the same period in fiscal year 2009. Income before income taxes for the three...
PR News Wire (Free subscription) | 11/09/2009
BOTHELL, Wash., Nov. 9 /PRNewswire-FirstCall/ -- Cardiac Science Corporation (Nasdaq: CSCX), a global leader in automated external defibrillator (AED) and diagnostic cardiac monitoring devices, today announced revenue of $38.9 million for the third quarter ended September 30, 2009, in line with its previous guidance. The Company also recorded a charge of $18.5 million for an AED field product update...
Market Wire (Free subscription) | 11/09/2009
LAC MEGANTIC, QUEBEC (MARKET WIRE) Bestar Inc. (CNSX: BES) - Gross revenues for the third quarter ending September 30th, 2009 are $8,702,000 CA, a decrease of 17.9% in comparison to $10,605,000 for the same quarter in 2008. Earnings before income taxes of $93,000 CA was realized for this third quarter while a loss before taxes of $228,000 CA was recorded for this same quarter in 2008. Net earnings...
Financial Skeptic (Free subscription) | 11/09/2009
Boots & Coots (WEL) which specializes in putting out well fires called in it’s own fire alarm. Income tax flared out of control. Read this snip “For the quarter ended September 30, 2009, the effective income tax rate was 65.6% of pre-tax income compared to 23.3% of pre-tax income in the quarter ended September 30, 2008. The effective tax rate for the 2009 nine month period was 44.1%...
iStockAnalyst.com (Free subscription) | 11/09/2009
The San Francisco, California-based McKesson’s second quarter fiscal year 2010 profit dropped 8% from last year, hurt by higher interest and income tax expenses. Yet, I remain positive about the company – why is that so? [More...]
The 3 latest articles published by users on Income tax :
monkeybusinesskane | 02/25/2009
Free Income Preparation Tax Software In The Internet An income tax is a financial charge imposed on the financial income of entities like persons and corporations. In short, any legal entity who has a value can be taxed which somehow make...
monkeybusinesskane | 02/25/2009
Do You Have Unfiled Income Tax Questions Canada? | A List of Canada Tax Tricks Canada has a wealth of income tax preparation software that can do more than just let you calculate your income tax and file in your return. Most tax software program...
zebra9 | 02/20/2009
A word of encouragement before you read this article . . . The following online tax savings resources are not only superb training tools but they have been instrumental in saving people tens of thousands of dollars, for those who have taken the time t...
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