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July 03, 2009

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Tax Law Resources

The best way to inform yourself about Vermont Taxation Law and Tax related topics. Our Tax Resource Center includes the following sites for your personal use:

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Did You Know?

Form 5471 is Information Return of U.S. Persons With Respect to Certain Foreign Corporations
Report information with respect to certain foreign corporations. A domestic partnership may have to file Form 5471 if it: Controls a foreign corporation; or Acquires, disposes of, or owns 5% or more in value of the outstanding stock of a foreign corporation; or Owns stock in a corporation that is a controlled foreign corporation for an uninterrupted period of 30 days or more during any tax year of the foreign corporation, and it owned that stock on the last day of that year.

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	News about Taxation cases in Vermont and nationwide: Chicago Attorney Sentenced To Prison For Tax Evasion Robert Wayne Hallock, an attorney from Chicago, Ill., was sentenced today in federal court for attempting to evade taxes on more than $1 million in... Read more > President Bush Signs Tax Relief Extension Reconciliation Act of 2005 President Bush Signs Tax Relief Extension Reconciliation Act of 2005 Today, President Bush Signed The... Read more > Disaster Extension Gives Extra Time for Taxes (Ohioans Affected by Recent Hurricanes Get 45 Extra Days) September 30, 2004 – UPDATE: Additional Ohio counties – Athens, Meigs, Gallia, Mahoning, and Vinton – have been designated as fede... Read more > More Taxation News >

Taxation Terms

Today's Terms

Electric and Clean-Fuel Vehicles

Definition:
For vehicles placed in service in 2004, the maximum clean-fuel vehicle deduction and qualified electric vehicle credit are scheduled to be reduced by 25%, as compared to 2003.

Family daycare providers

Definition:
A family daycare provider is a person engaged in the business of providing family daycare.

Dependency exemption

Definition:
Amount that taxpayers can claim for their eligible dependents. Each exemption reduces the income subject to tax. The exemption amount is a set amount that changes from year to year.

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Tax Legal Resources

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Taxation Hot Topics

Topics Related to Taxation Law:

Income Tax Cases
Recent Estate & Gift Tax Cases
Recent Income Tax Cases
State Statutes Dealing with Taxation

Vermont Taxation Attorney

If you live in the following cities and need an taxation attorney you should contact our Taxation Attorney as soon as possible:

Barre
Bennington
Brattleboro
Burlington
Colchester
Essex Junction

Milton
Montpelier
Rutland
Saint Albans
South Burlington

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