The Israeli Ministry of Finance has recently approved a tax reform regarding benefits to be granted to Israeli new immigrants as well as "returning residents" as of January 1st 2008.

What do you know about tax law attorneys ? If you’ve come to the conclusion that you need a tax law attorney to help with your current tax problems or for tax advice, then you’ll want to know what kind of tax law attorney you need.

Teenagers tend to take life very literally. For example, when they get a job, a teenager expects to earn the exact amount they were offered. Life doesn't work that way, however, and you can assist your teenager in getting accustomed to it by helping them to understand taxes.

Learn what you can deduct, what you cannot and where to turn to if you have any doubts..

Large amounts of value added tax (VAT) on purchases made in Europe go unclaimed by companies each year. The main reason is that many companies are unaware they can reclaim VAT on purchases made outside their own countries.

For a tax haven, it's a surprise move - Monaco has compiled and released her first ever GDP figures. It's part of a move to play a bigger role at the UN.

Tax free Andorra has seen a sharp rise in residency applications over the last two years as rival tax haven Monaco's property prices have become among the most expensive in Europe. The Andorra authorities have responded by more than doubling the residency application quotas allowed in any one year.

Late Filing of Returns - Most taxpayers have to pay fines for filing in their returns late. Even a delay of one day after that would attract the IRS penalty for late filing. Late Tax Payment - Some taxpayers defer on paying the taxes even after they have filed their returns. Paying the dues late also attracts penalties. Penalties are quite high. You might end up paying 20% interest.

This article will cover vehicle related deductions that often get overlooked by home-based businesses. Our focus will be for individuals with no employees, however many of the deductions will apply to small business and large corporations as well.