TAG Oil Reports 2013 Fiscal Year Finish Economic Results and 2014 Drilling System


Vancouver, B.C. (PRWEB) July 02, 2013

TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports the Company has filed its consolidated, audited financial statements, management discussion and analysis and annual information form with the Canadian Securities Administrators for the Company’s March 31, 2013 fiscal year-end. Copies of these documents can be obtained electronically at http://www.sedar.com, or for additional information please visit TAG Oil’s website at http://www.tagoil.com/.

Conference Call

TAG Oil also hosted a discussion of its 2014 forward program, as well as fourth quarter 2013 results on Friday June 28, 2013. Access a transcript or audio file of that call here:

http://www.tagoil.com/TAG-Oil-Earnings-Call-F4Q13.asp.

Interested parties may also access a replay of the call until 11:59 p.m. Friday, July 5, 2013 using the information below:

Toll-Free Dial-in #

Fiscal Salvation Adds Loan Modification to its Platform of Debt Related Services

Philadelphia, Pennsylvania (PRWEB) April 24, 2009

Fiscal Salvation, a national provider of debt consolidation and debt negotiation solutions announced that it has partnered with The Mortgage Modification Consultants to add loan modification to its platform of solutions.

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“As we face the worst times to hit American buyers given that the Excellent Depression of the 1930s, our members deserve a provider who has the ability to secure possibilities beyond the rest of the market,” said David Foster, senior advisor at Fiscal Salvation. “Fiscal Salvation’s members will now be able to take benefit of our extended options, leaving them in a better economic circumstance.”

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About Fiscal Salvation, LLC.&#13

Fiscal Salvation, located in Philadelphia, Pennsylvania and founded in 2007, is a national provider of debt consolidation, debt negotiation, and loan modification services. Fiscal Salvation’s main objective is to relieve members of their financial and spiritual burdens by delivering solid options structured about each member’s person needs. For much more information, go to http://www.FiscalSalvation.com.

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Fiscal Cliff is Not a Bluff: Affect on California Home owners


Long Beach, California (PRWEB) November 15, 2012

Widespread anxiousness is setting in as the deadline looms over the American government to address the so-referred to as fiscal cliff finish of Bush era tax breaks and other tax savings that have kept the American economy from the brink of collapse since 2008. The $ 600 billion of automatic tax hikes and spending cuts due at the finish of this year is basically not going to come about, Sen. Bob Corker told CNBC. On the other hand, Yahoo Finance reported that it is not America’s worst issue and even if the cliff was averted, it would only be a matter of time prior to America’s monetary issues would come to a head.

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1. No A lot more Tax Breaks

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So far, California’s property owners have enjoyed a tax break on their cancelled mortgage debts when they brief sell their underwater home. Nonetheless, these tax breaks for homeowners is set to finish this new year’s eve, unless Congress votes to extend it. If this tax break ends, much more home owners would be forced into bankruptcy to avoid paying income taxes on mortgages exactly where owners walk, says Lakewood, Ca Bankruptcy Attorney, Christine A. Wilton. Why? Christine Wilton says, “Simply because debts discharged in bankruptcy have no influence on a family’s revenue taxes.”

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two. Increased Foreclosure Activity

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Nonetheless ahead, California homeowners can expect slight house value declines in the coming year as inventory increases from far more foreclosure activity. Attorney Wilton says that a lot of California home owners are living on borrowed time and mortgage teaser rates will reset. Property owners who have enjoyed interest only payments for the final five to seven years will see a enormous jump in their payments when they begin to pay back the principal loan amount, says Attorney Christine Wilton. The great news, if there is any right here is that loan modifications continue to be processed for these that qualify and want to keep in their house. Home owners are encouraged to apply as soon as they know they can’t afford their mortgage payment.

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Property owners hunting to walk away from an underwater mortgage they can no longer afford might need to file for bankruptcy to stay away from revenue tax consequences before they seek a walkout selection. Christine Wilton says this is particularly crucial if there is a second mortgage or house equity line of credit against the residence.

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3. Flat Housing Values

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Whether the government averts the fiscal cliff and bluffs its way into 2013, or jumps appropriate off, housing values will be flat next year or decline slightly. Inventory will boost as much more foreclosures hit the marketplace and brief sales will take place soon after home owners exit the bankruptcy approach to avoid paying Uncle Sam.

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Photo Credit: Matson

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How Did the Fiscal Cliff Deal Impact Taxes?

Dallas, TX (PRWEB) March 12, 2013

Don’t forget all the speak about the impending fiscal cliff a couple of months ago? The fiscal cliff difficulties involved a list of expiring tax concerns and congressionally mandated spending cuts. The expiring tax troubles, at least, had been largely addressed in a new law, the American Taxpayer Relief Act of 2012, which produced a number of changes in current tax rules, even though also preserving some important guidelines that have an effect on many taxpayers. The Texas Society of CPAs gives a rundown of what you require to know about the new guidelines this year.

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Higher Payroll Taxes&#13

As of January 1, you may have noticed a slight drop in your take-property pay. Thats due to the expiration of an existing two-percentage-point cut in the workers portion of the Social Safety payroll tax, returning it to 6.2% on income up to $ 113,700 in 2013. A couple with each and every spouse earning $ 50,000 will see their total taxes go up $ two,000 a year as a result. In addition, some taxpayers may possibly also be paying a new .9% Medicare surtax on earnings in excess of $ 250,000.

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Prime Earners Will Pay A lot more&#13

Most Americans tax rates stay the very same beneath the law for 2012, but, beginning in 2013, there is now a new 39.six% price for numerous high-income men and women, as nicely as a higher price on capital gains and dividends, plus a new three.8% addition to income tax rates on Net Investment Earnings. In addition, the phase-out levels for private exemptions and itemized deductions have gone up for some greater-revenue taxpayers.

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AMT Troubles Addressed&#13

A lot of middle earnings taxpayers have increasingly been threatened by the alternative minimum taxor AMTan alternate tax that was truly created to avoid high revenue people from avoiding taxes. The problem was that the AMT threshold was in no way adjusted for inflation, even as inflation pushed more middle earnings folks into its range. Congress has normally passed last-minute patches addressing the dilemma every year, but the new law permanently indexes the AMT to inflation.

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New Estate and Gift Tax Guidelines&#13

The new law brought at least some temporary stability to estate and gift taxes, but extended-term preparing is still essential. Under the law, the estate and gift tax exclusion remains at an inflation-adjusted $ five million indexed for inflation ($ five.12 million in 2012 and $ 5.25 million this year). The leading tax price was raised to 40% from 35% as of January 1, 2013. Nevertheless, these rules are set to expire at the finish of this year, so be confident to seek the advice of with your CPA about prudent estate preparing steps. Elsewhere, the newly permanent estate tax portability election allows a surviving spouse to use a deceased spouses unused exemption amount.

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Great News for Families&#13

Households will be satisfied to hear that the child and dependent care credit has been produced permanent, along with the $ 1,000 youngster tax credit and the adoption credit. In addition, the earned income tax credit has been extended by way of 2017 for decrease-revenue families with three or more young children.

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Many Sorts of Relief Retained &#13

Existing relief from the marriage penalty was created permanent and joint filers now have a bigger regular deduction. A lot of deductions for education expenditures set to expire at the end of last year will also remain in location under the new law, which includes the deduction for qualified education expenditures, which was extended by means of 2013. Emergency unemployment positive aspects keep in force via the finish of the year, and if youre 1 of several Americans having difficulty paying a mortgage, or whose residence value is now decrease than the original obtain price tag, you can rely on yet another year of tax relief in the event of a loan modification or short sale.

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Seek advice from Your Local CPA&#13

The new law also loosens some restrictions on transfers to Roth IRAs. From retirement to estate arranging to your existing paycheck, current tax alterations have clearly had an impact. This post offers an overview of some of the key provisions of the new law, but your regional CPA is the very best source of details for any questions about your taxes. He or she can aid you address all your monetary concerns.

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About TSCPA&#13

TSCPA (http://www.tscpa.org) is a nonprofit, voluntary, specialist organization representing Texas CPAs. The society has 20 local chapters statewide and has much more than 28,000 members, a single of the biggest in-state memberships of any state CPA society in the United States. TSCPA is committed to serving the public interest with applications that advance the highest requirements of ethics and practice within the CPA profession.

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