A Lesson in Tax Law, Section 6: Tax and End of the Romans
Saturday, December 19th, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… Mithridates the Great was the leader of a small country near what is currently known as Turkey. He had an extraordinary power to rouse discontent with disgruntled taxpayers. In 88 BC he led a [...]
A History of Taxation Practices, Part Five: Taxation and The Roman Empire
Sunday, December 13th, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… Finally moving away from the Greeks, we now come to the Romans. Scholars often speak of Roman taxation as “more or less legal robbery” and Roman tax men as “a bunch of thieves.” However, [...]
A Lesson in Tax Law, Part 4: Taxation and The Colossus of Rhodes
Tuesday, December 8th, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… The isle of Rhodes: a seminal connection to Rome and Greece. All shipped goods from the east halted for supplies or to switch cargo at Rhodes. The port of Rhodes, like all other harbors, [...]
A Lesson from History About Taxation, Chapter Three: Tax Law in Ancient Egyptian Life and The Rosetta Stone
Thursday, December 3rd, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… The Rosetta Stone, unearthed by Napoleon, was perhaps the absolute most seminal Egyptian archaeological find to date. The Stone had duplicated text in 3 different languages: Egyptian hieroglyphs, demotic (also called Egyptian script) and [...]
History of Taxation, Section Two: Tax and Greece
Thursday, December 3rd, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… The Greeks had two ways of taxing their people. One was liturgy, where wealthy citizens unselfishly contributed more to the government than they were required to. The other system was called “tax-farming,” which had [...]
A Lesson in Taxation, Part 1: Taxes and Ancient Egypt
Wednesday, November 25th, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… Ancient Egypt was not a land of cruel oppressors and miserable slavery – that’s simply the stigma we get from the story of Moses, which formed at a time of unrest in Egypt. Modern [...]
Tourism Loses £200 Million Due to New Taxes
Saturday, November 21st, 2009Holiday home owners here in the UK who rent their house out for a large proportion of the year are expected to be hit by a new stealth tax in 2010. Around 60,000 holiday home owners will be affected by the new taxes, wth each one being charged an extra £4000 every year. The stealth [...]
Be Financially Healthy, Donate Often
Thursday, September 17th, 2009Charitable giving is one of the best ways to help non profit organizations and, at the same time, help your finances. A qualified charitable donation is tax deductible. When you give to a non profit organization, you need to make sure that it is a qualified organization so that the amount you give will be [...]
Who can Pay Less Taxes
Tuesday, September 8th, 2009When you invest in anything, you will have to pay taxes one way or another. If you invest in real estate, then you pay property taxes. If you invest in stocks, then you will likely pay capital gains taxes. In the US, The Internal Revenue Service or the IRS collects taxes and enforces the tax [...]
Common Factors Affecting Retirement Income
Tuesday, January 13th, 2009When it comes to planning for your retirement income, it’s easy to overlook some of the common factors that can affect how much you’ll have available to spend. If you don’t consider how your retirement income can be impacted by investment risk, inflation risk, catastrophic illness or long-term care, and taxes, you may not be [...]
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