Technically, gas in Venezuela is even cheaper than this. (J B)
When you live on an island, things that have to be imported are expensive. For example, on the Caribbean island of Aruba, gasoline costs more than $4 per gallon. That would make it fairly expensive to be a full-time taxi driver, wouldn’t it? Yes, if it weren’t for one driver’s brilliant yet illegal trade secret: sailing to Venezuela with a bunch of gas cans. Read More >
2014 tax returns are the first ones that American taxpayers are filing since the health insurance subsidies, mandate, and penalties of the Affordable Care Act have come into effect. Included in our tax returns this year will be a penalty of 1% of income for people who don’t have health insurance that provides a minimum level of coverage. That penalty is taking some people by surprise. Read More >
Roseanne Di Guilio's home straddles the New York-Connecticut state line. She lost half of it in a weird Putnam County tax foreclosure. Read More >
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Prince Royce photographed on Feb. 3, 2015 at Model Citizen Studios in Los Angeles, Calif.
(Mitchell Simpson on YouTube)
Although the Walmart tax worker who was head-butted by a shopper at first declined to press charges against the woman, police confirmed that after a trip to the dentist for some broken teeth, assault charges have been filed. Read More >
Giving can be a rewarding experience. It can also be rewarding for your tax deductions. “When claiming charitable contributions, if you’re itemizing, you can claim up to 50 percent of your income,” says Kathy Pickering, executive director of The Tax Institute at H&R Block. Just make sure you have your paperwork: “For most charitable contributions, you need a receipt,” Internal Revenue Service spokesman Eric Smith notes. Money is one thing, but there’s so much more you can donate. TurboTax Vice President Bob Meighan says you’d be amazed by what write-offs you can find if you just take a look through your house. “You can deduct clothing, furniture — whatever it is you give to charities. It’s not just cash,” Meighan says. Donating stock is another good option, because it’s assessed at fair market value, as opposed to what it was worth when you purchased it. Read More >
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TORONTO – Toronto set new records in tourism by welcoming 14.3 million overnight visitors in 2014, Tourism Toronto announced. Key drivers were a fourth consecutive year of growth in visitors from the U.S. and the highest number of overseas visitors ever in the destination. Additionally, Toronto led the country in hotel occupancy and hotel room nights sold.