Virtual currencies like bitcoin will be taxed in the United States like property — not currency, the Internal Revenue Service said Tuesday.
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Tag Archives: Taxes
Staples: Industrial tax ripoff hits small town Albertans hardest
EDMONTON – One day, enough rural Albertans will become fed up with the way they’re getting ripped off in the province’s industrial tax scheme that the system will be changed.
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Top 10 states with the lowest taxes
When it comes to money, it’s not how much you make that matters, it’s what you keep. There are many expenses affecting pocketbooks across the nation, but taxes are the largest financial burden on Americans, as the average family pays almost $7,000 in state and local taxes each year. However, taxes can vary significantly between states.
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Town plans to borrow $5 million for construction of new fire hall
Sylvan Lake’s taxpayers will have a chance to voice their opinions on town plans to borrow $5 million for construction of a new fire hall in Beacon Hill, near the RCMP detachment.
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St. Albert to apply some surplus toward tax relief
Property taxes will be a little lower this year thanks to an injection of $300,000 in surplus money from 2013 towards 2014 tax relief.
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Morinville taxes up 3.5 per cent
Morinville residents will get a tax break in the mail this year now that town council has signed off on its 2014 budget.
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Not all business people hate taxes – but just try to get them to admit it
The common perception among Canadians is that everyone — and especially those in the business world — hates taxes, so it may come as a surprise that, although it’s hard to get them to talk about it publicly, many business people quite like taxes.
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Tax relief program gets second look
After review by town staff, residents who have sold their homes but fit the eligibility requirements for High River’s tax-relief program will qualify for funding.
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Tax redistribution would mean big boost for Edmonton: Blakeman
EDMONTON – Edmonton could see an annual funding boost of up to $1 billion under a Liberal plan to more fairly distribute provincial taxes, Edmonton-Centre MLA Laurie Blakeman said Monday.
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Citizen input invited as property tax set to rise by 5 per cent again
The typical homeowner’s property taxes could rise by $364 by 2018 unless council claws back some services, a new city budget website indicates.
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