BNET Business Dictionary
Business Definition for: Federal Income Tax
- money deducted from employees' salaries in order to fund Federal services and projects
Additional Resources
- Precision Drilling Trust Announces United States Federal Income Tax Information for 2006
- Precision Drilling Trust ("Precision") announced today the United States ("U.S.") federal income tax treatment of cash distributions paid by Precision to individual U.S. resident unitholders in 2006. Based on advice from Precision's U.S. tax advisors, the issued and outstanding trust units of Precision will be classified as equity rather...
- Research articles 2007-01-18
- Precision Drilling Trust Announces United States Federal Income Tax Information for 2007
- Precision Drilling Trust ("Precision" or the "Trust") announced today the United States ("U.S.") federal income tax treatment of the cash and "in-kind" distributions made by Precision to individual U.S. resident unitholders in 2007. Based on advice from Precision's U.S. tax advisors, the issued and outstanding trust units of Precision...
- Research articles 2008-01-23
- Precision Drilling Trust Announces United States Federal Income Tax Information for 2006.
- CALGARY, ALBERTA, Jan 18, 2007 CCNMatthews via COMTEX -- Precision Drilling Trust ("Precision") announced today the United States ("U.S.") federal income tax treatment of cash distributions paid by Precision to individual U.S. resident unitholders in 2006. Based on advice from Precision's U.S. tax...
- Research articles 2007-01-18
- Enterra Energy Trust Announces Re-Classification For U.S. Federal Income Tax Purposes.
- CALGARY, ALBERTA, Jun 26, 2007 CCNMatthews via COMTEX -- Enterra Energy Trust ("Enterra" or the "Trust") (TSX:ENT.UN) (NYSE:ENT) today announces that effective July 1, 2007, the Trust has elected to change its classification for U.S. federal income tax purposes from a partnership to a corporation. This...
- Research articles 2007-06-26
- Fidelity Investments Introduces Tax Managed Stock Fund; Fidelity Tax Managed Stock Fund Aims to Reduce Impact of Federal Income Tax on Investment Returns
- BOSTON--BUSINESS WIRE--Nov. 3, 1998--Fidelity InvestmentsR today announced the opening of Fidelity Tax Managed Stock Fund. The new fund - the first Fidelity retail stock fund to be managed using a tax-sensitive investment strategy- will seek long-term growth by investing mainly in equity securities. In addition, the fund will attempt to...
- Research articles 1998-11-03
- Federal Court Bars Missouri Tax-Return Preparer from Preparing Federal Income Tax Returns
- WASHINGTON, July 28 /U.S. Newswire/ -- The Justice Department announced today that a federal court in St. Louis has permanently barred Ella Mae Peterson, of St. Louis, Missouri, from preparing federal income tax returns. In entering the permanent injunction, Judge Catherine D. Perry of the U.S. District Court for...
- Research articles 2005-07-28
- Petz Enterprises Says Non-Profit Study Shows Americans Spend 5.8 Billion Hours and $194 Billion Filing Federal Income Tax Returns
- Business Editors TRACY, Calif.--BUSINESS WIRE--Oct. 21, 2002 Typical TaxBrainTM On-Line Tax Center User spends only 40 minutes and less than $50.00! Petz Enterprises, Inc. producers of the popular TaxBrainTM Online Tax Center announced findings from a recently completed survey by the Tax Foundation, declaring, "In 2002...
- Research articles 2002-10-21
- All cooperatives must use new federal income tax form 1120-C
- The Internal Revenue Service IRS released a draft version of new Form 1120-C on Oct. 12. This form is the new common federal income tax reporting form for all cooperatives, including farmer cooperatives (which previously filed Form 990-C) and all other subchapter T cooperatives (which previously filed Form 1120). Interested...
- Research articles 2006-11-01
- Child support enforcement breaks new records; More federal income tax refunds seized, new program to identify financial accounts shows early success and criminal task forces make more arrests.
- M2 PRESSWIRE-28 January 2000-US DEPT OF HHS: Child support enforcement breaks new records; More federal income tax refunds seized, new program to identify financial accounts shows early success and criminal task forces make more arrests C1994-2000 M2 COMMUNICATIONS LTD RDATE:27012000 ...
- Research articles 2000-01-28
- IRS's Use of Information on Taxpayers Claiming Many Allowances or Exemption From Federal Income Tax Withholding.
- GAO-04-79R November 6, 2003 In September 2003, we responded to a request from Representative Elton Gallegly to provide information on the number of taxpayers who claimed more than 10 withholding allowances and taxpayers who claimed exemption from federal income tax withholding. The Internal Revenue Service IRS calls such...
- Research articles 2003-12-01
- Press Conference To Be Held On Federal Income Tax, April 8
- News Advisory: -- Conspiracy and Racketeering Widespread At IRS-- DOJ and IRS Operating Outside The Law-- Congress Looks The Other Way-- Peaceful Resistance Planned Press Conference: Monday, April 8 Watch It Live From National Press Club By Free Web Cast On April 8th at 1 p.m. Eastern, 10 a.m. Pacific,...
- Research articles 2002-04-05
- Former U.S. Army Contracting Director Pleads Guilty to Bribery and Filing False Federal Income Tax Returns
- To: National DeskContact: U.S. Department of Justice, 202-514-2008WASHINGTON, Dec. 6 /U.S. Newswire/ -- A former Director of Contracting for the U.S. Army has pleaded guilty to accepting bribes in exchange for awarding U.S. Army contracts at an Army recreational facility in Germany and to filing false federal income tax returns,...
- Research articles 2006-12-06
- Exterran Partners Announces Technical Termination of Partnership for U.S. Federal Income Tax Purposes as a Result of Internal Restructuring by Exterran Holdings
- HOUSTON -- Exterran Partners, L.P. (NASDAQ:EXLP) today announced that an internal restructuring of certain subsidiaries of Exterran Holdings, Inc. that was completed effective May 31, 2008 resulted in a technical termination of Exterran Partners for U.S. federal income tax purposes on such date. The technical termination will not affect Exterran...
- Research articles 2008-06-02
- Cost Segregation: Why Are 90% Of Real Estate Investors Overpaying Federal Income Taxes?
- By ignoring generous Internal Revenue Service IRS guidelines when establishing depreciation schedules, over 90% of real estate investors are unintentionally overpaying federal income taxes. In addition they are paying federal income taxes earlier than necessary, typically years or decades earlier than necessary. Depreciation, one of the key tax deductions, is...
- White papers 2006-03-27
- Consumer Action Publishes New Multilingual Brochure to Educate Consumers About Federal Earned Income Tax Credit.
- Byline: Consumer Action SAN FRANCISCO, March 21 AScribe Newswire -- Consumer Action CA today released a multilingual brochure to educate people about the Earned Income Tax Credit EITC, which helps low income, working taxpayers get more money back when they file their federal income...
- Research articles 2005-03-21
- Duke Realty Corporation Announces the Income Tax Characteristics of its 2004 Common and Preferred Share Dividends
- INDIANAPOLIS -- Duke Realty Corporation (NYSE:DRE) announces the income tax characteristics of its 2004 common and preferred share dividends. For purposes of satisfying U.S. federal income tax withholding obligations under Section 1.1445-8 of the federal income tax regulations with respect to payments to foreign shareholders, Duke Realty Corporation characterizes the...
- Research articles 2005-01-24
- Duke Realty Corporation Announces the Income Tax Characteristics of its 2005 Common and Preferred Share Dividends
- INDIANAPOLIS -- Duke Realty Corporation (NYSE:DRE) announces the income tax characteristics of its 2005 common and preferred share dividends. For purposes of satisfying U.S. federal income tax withholding obligations under Section 1.1445-8 of the federal income tax regulations with respect to payments to foreign shareholders, Duke Realty Corporation characterizes the...
- Research articles 2006-01-16
- Duke Realty Corporation Announces the Income Tax Characteristics of its 2006 Common and Preferred Share Dividends
- INDIANAPOLIS -- Duke Realty Corporation (NYSE:DRE) announces the income tax characteristics of its 2006 common and preferred share dividends. For purposes of satisfying U.S. federal income tax withholding obligations under Section 1.1445-8 of the federal income tax regulations with respect to payments to foreign shareholders, Duke Realty Corporation characterizes the...
- Research articles 2007-01-24
- More Arizona Residents File Federal, State Income Tax Returns Online.
- By Edward Gately, The Tribune, Mesa, Ariz. Knight Ridder/Tribune Business News Mar. 30--A growing number of Arizonans are ditching the paper and heading online to file their federal and state income tax returns, according to the Internal Revenue Service. Final figures...
- Research articles 2002-03-30
- Paramount Energy Trust Advises on Preliminary 2005 United States Income Tax Information
- CALGARY, Alberta -- February 24, 2006 (TSX:PMT.UN) The following is intended to provide United States ("U.S.") resident Unitholders of Paramount Energy Trust ("PET") with necessary information for 2005 U.S. federal income tax reporting. After consultation with its U.S. tax advisors, PET believes that its units...
- Research articles 2006-02-24
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