Now that your tax returns are in (or your extension filed), you are probably sick of thinking about your taxes. So today we are going to take a look at someone else’s: The President’s. Earlier this week CNN took a peak at Mr. and Mrs. Obama’s jointly field tax return. They made a combined $608,611 and paid $112,214 to the IRS. Watch this video for a close look at where the President and First Lady’s money came from and what they deducted: Check out the video
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Showing posts with label IRS. Show all posts
Showing posts with label IRS. Show all posts
Friday, April 19, 2013
Wednesday, December 15, 2010
VNDA Vanda Pharmaceuticals Receives Positive Ruling from the IRS
... "received a private letter ruling (PLR) from the Internal Revenue Service (IRS) regarding certain income tax issues associated with the availability of Vanda's net operating loss carryforwards for tax purposes. The PLR is generally consistent with Vanda's stated tax position that it is able to offset a portion of its 2010 taxable income with the company's full net operating loss carryforwards. Total net operating loss carryforwards were $123 million as of December 31, 2008. As of December 31, 2009, total net operating loss carryforwards were $156 million." ... Now that is worth a lot to somebody! Takeover potential?
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