Home Taxes

Taxes

Random
Tax Evasion
Taxes

What is Tax Evasion? [Definition, Penalties & Examples]

Tax evasion is illegal. U.S. citizens can go to jail and also be charged with substantial penalties for this crime. That's why it is so important to understand what constitutes tax evasion. If you aren't comfortable filing your own tax return then it makes sense to hire...
Read more
Taxes
Taxes

Does The Government Have The Right To Tax?

As a United States citizen, one of your biggest grumbles may be getting taxed every year. You may feel that you are being taxed entirely too highly while others pay too little or even nothing at all. This has certainly been an issue that has caused much...
Read more
Taxes

President Obama Challenges Tax Evasion with Foreign Account Tax Compliance Act

President Barack Obama has set forth an important initiative with the aid of Congressman Neal, Senator Kerry, Chairman Baucus and Rangel. The agenda is to empower the government of the United States of America to combat oversea tax havens, such as Swiss bank accounts.
Read more
Taxes

What is the beneficial ownership rule?

On May 11, 2018, the Financial Crimes Enforcement Network implemented a rule with the intention of fighting against illegal financial activities committed by many businesses. Some of these crimes include fraud, tax evasion and money laundering. This new rule is known as the beneficial ownership rule, and...
Read more
UBS Swiss Bank
Taxes

UBS Settles Tax Evasion Case with U.S. Government

The nation of Switzerland has always been one of the prized goals for many of the world's leading tax evasion lawyers and investigators. In 2009, the largest bank in Switzerland, UBS AG entered into an agreement with the U.S. tax agencies that would allow it to pay...
Read more
Taxes

What is the Foreign Account Tax Compliance Act? [FATCA]

FATCA or the Foreign Account Tax Compliance Act is a tax law requiring United States citizens both abroad and within the country to file yearly reports regarding any foreign account holdings. The intention of this act is the promotion of transparency in the international financial services sector...
Read more
Taxes

What is country by country tax reporting?

With the assistance of the Internet, many companies can easily generate relationships with potential customers across the globe. What that means is that sales could be generated from their home country or from anywhere in the world. These companies, referred to as transnational corporations or TNCs must,...
Read more
Money Task Force Personal Finance Blog
Money Task Force is a personal finance blog that publishes content on a range of financial topics that people care about. We keep our readers informed about the latest in money management tips as well what is going on in the world.

Most Viewed

Trending Now

© Copyright 2019 - Money Task Force: Personal Finance Blog

*Advertiser Disclosure: This website is an independent, advertising-supported comparison service. The financial products offered on this website such as credit card offers, are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all companies or all financial products available in the marketplace. This website may use other proprietary factors to impact the financial product listings on the website such as consumer selection or the likelihood of the applicant’s credit approval. Our opinions are independent and we are not compensated for favorable reviews.