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tax liability

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IDT Corporation F1Q09 (Qtr End 10/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first call comes from Clayton Moran – Stanford Group. Clayton Moran – Stanford Group Your SEC filings indicate that the IRS has moved on to 2005 through 2007. Can you give us a sense if there's a dispute there or if we might see...
Tags: IDT Corp., Call Transcript, Earnings, Internal Revenue Service, Tax Liability, Taxes, Free Trade, Financial Planning, Finance, Seeking Alpha
Earnings calls 2008-12-08

Additional Resources

IRA valued without discount for anticipated tax liability.(individual retirement accounts)
A had two IRAs at the time of her death. Under the trust agreements, the IRAs were not transferable; however, they both allowed the underlying marketable securities to be sold. On Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, A's estate E reduced the...
Tags: asset, estate, FINANCE, income, Sec, Taxes
Research articles 2006-08-01
IRS slaps $643 million tax liability on Executive Life.
IRS Slaps $643 Million Tax Liability on Executive Life IRS Slaps $643 Million Tax Liability on Executive Life
Tags: Internal Revenue Service, tax
Research articles 1991-04-29
IRS issues mutual co. tax liability reg. (Internal Revenue Service)
The Internal Revenue Service has issued a new regulation on mutual insurance companies' tax liability. The regulation closes a loophole in Section 809 of the Internal Revenue Code that allows mutual life insurers to take a larger deduction than the IRS beThe Internal Revenue Service has issued a new regulation...
Tags: insurance company, Internal Revenue Service, regulation, tax
Research articles 1994-01-17
Prepaying possible interest on a disputed tax liability
Preparing Possible Interest On A Disputed Tax Liability Interest charges by the government resulting from an Internal Revenue Service audit can be quite high. The audit generally does not take place until a couple of years after the return is filed, and the interest charge on the disputed tax...
Tags: audit, deduction, FINANCE, Internal Revenue Service, Taxes
Research articles 1989-10-01
Tax liability insurance
Post-Enron executive responsibilities heighten the need for coverage Recent actions on the federal level have made it clear that tax liability issues will receive great attention during the next few years. The Tax Relief Act, which was signed by President Bush on June 7, 2001, makes changes to the already...
Tags: FINANCE, Internal Revenue Service, Taxes
Research articles 2002-05-01
Belgian joint tax liability is discriminatory, ECJ AG says.
Byline: Claudia Daiber Apr 28, 2006 (Tax Notes International - ABIX via COMTEX) -- Companies that employ the services of unregistered building groups in Belgium face the risk of being held accountable for the group's tax liabilities. If the unregistered group's withholding tax...
Tags: Belgium, European Commission, FINANCE, Taxes
Research articles 2006-04-28
Advisers beware: the cost of being sued is going up: courts in South Dakota and Pennsylvania held in favor of the taxpayers/plaintiffs on the recovery of interest paid on a tax liability in an accounting malpractice lawsuit. This article discusses these n
EXECUTIVE SUMMARY * The number of malpractice cases brought against tax advisers for negligent tax advice has increased greatly in recent years. In most of these cases, the plaintiffs attempt to recover interest charged by the IRS on the tax liability that is a...
Tags: accounting, advisor, FINANCE, Internal Revenue Service, lawsuit, recovery, Taxes
Research articles 2007-12-01
J.B. Hunt establishes tax liability reserve
J.B. Hunt Transport Services Inc. has established a $33.6 million tax reserve for a contingent tax liability. The trucking company had previously announced that it had received a notice in December 2003 from the Internal Revenue Service proposing adjustments and additional income taxes due for the 1998 and 1999...
Tags: FINANCE, Internal Revenue Service, Taxes
Research articles 2005-03-14
Executives Can Avoid 409A Income Tax Liability on Stock Options With a Qualified Appraisal
CINCINNATI, March 29 /U.S. Newswire/ -- A qualified appraisal of company stock can help executives who receive non-incentive stock options avoid income tax liability under new IRS Section 409A, according to valuation experts at The Malibu Group, a mergers and acquisitions consulting firm that serves the Midwest region. Failure to...
Tags: appraisal, FINANCE, Internal Revenue Service, Investment, stock, Taxes, valuation
Research articles 2006-03-29
Seacoast Financial Services Corporation Reserves for Potential State Tax Liability
Business Editors NEW BEDFORD, Mass.--BUSINESS WIRE--March 6, 2003 Seacoast Financial Services Corporation (Nasdaq: SCFS), holding company for CompassBank and Nantucket Bank, announced today that it will record a provision in the first quarter of 2003 of approximately $11.2 million, representing an estimate of the additional state tax liability,...
Tags: Seacoast Financial Services Corp.
Research articles 2003-03-06
CirTran and IRS agree on federal tax liability
Salt Lake-based contract electronics manufacturer CirTran Corp. said Monday its offer to compromise federal tax liability issues has been accepted by the Internal Revenue Service. The IRS said the company owed about $2.3 million. A company appeal, resolved through an agreement with the IRS Appeals Office, will allow...
Tags: FINANCE, Internal Revenue Service, Taxes
Research articles 2004-11-23
What's cheating? Determining the liability for tax fraud under Section 6653 after Parks
What's Cheating? Determining Liability For TAX FRAUD Under Section 6653 B After Parks(1) Tax liability has become an area of concern with the upswing of "white collar" crime and the increased emphasis society places on ethical issues. Tax liability may be understated in two obvious...
Tags: FINANCE, fraud, income, Internal Revenue Service, IRC, Taxes, Taxpayer
Research articles 1992-01-01
Form 6251, Alternative Minimum Tax-Individuals
Because some taxpayers, particularly wealthy taxpayers, have been so successful in their efforts to legally minimize their tax bills, Congress came up with another way to tax them: the Alternative Minimum Tax AMT. The AMT provides a formula for computing tax that ignores certain preferential tax treatments and deductions that...
Tags: Alternative Minimum Tax, Taxes, Free Trade, Financial Planning, Finance
Tools & templates 2006-12-21
FEDERAL TAX
Limited Liability Company Designation Offers Tax Liability ProtectionsLiability protection for the owners of a business is an extremely important consideration when determining under which entity to conduct business.The Federal Tax column in the Winter 2004 Pennsylvania CPA Journal reviewed the potential payroll tax liability from federal payroll taxes that are...
Tags: FINANCE, Internal Revenue Service, partnership, payroll, Taxes
Research articles 2004-10-01
FEDERAL TAX
Using Compromise to Resolve Federal Tax LiabilityMany taxpayers emerge from rigorous Internal Revenue Service (1RS) audits with a tax liability. This liability can be a significant financial problem for some. This is especially true in today's economic environment, as a number of taxpayers may not have the financial resources to...
Tags: FINANCE, financial, Taxes
Research articles 2003-04-01
Georgia Sales And Use Tax
The determination of sales and use tax liability generally turns on whether the transaction in question is a sales transaction versus a service transaction or whether the property involved is tangible personal property versus intangible personal property. Even if the transaction in question involves the retail sale of tangible personal...
Tags: Property, Georgia Revenue Code, Taxes, Sales Strategy, Free Trade, Sales Force Management, Financial Planning, Finance, Sales
White papers 2003-01-01
Estate Tax Planning
Estate tax planning is very important to preserving your wealth for future generations. Knowing your potential estate tax liability is a great place to start your estate tax plan. This tool can help you estimate your estate tax liability for the current year. You can also use it to project...
Tags: Estate, Taxes, Productivity, Free Trade, Financial Planning, Finance
Tools & templates 2008-01-01
Finance committee OKs three tax measures
Members of the Senate Finance Committee approved three measures Tuesday that would authorize county and state tax agencies to abate tax liability or waive penalties and interest on delinquent taxes. Two measures, Senate Bill 1271 and Senate Joint Resolution 24, form a legislative package by Sen. Brooks Douglass,...
Tags: FINANCE, Sen., Taxes, U.S. Senate
Research articles 1998-02-11
Prudential beefs up tax-managed menu.
* Prudential Securities recently added six tax-managed portfolios to its individually managed account program, which is designed to minimize tax liability while ... * Prudential Securities recently added six tax-managed portfolios to its individually managed account program, which is designed to minimize tax...
Tags: Prudential Insurance Company of America, tax
Research articles 2000-02-14
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