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Tax News

News on Tax continually updated from thousands of sources around the net.

37 min ago | Business Journal

Free meals at tech companies will be taxed - if the IRS gets its way

A Google employee peruses the free lunch options on the Mountain View campus, a perk that the IRS is deeming as a taxable fringe benefit.

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Related Topix: ITA Software, Google, Startups, WebMD, Widevine Technologies, AdMob

4 hrs ago | Inside Bay Area

Guest commentary: Sales tax increase vital to the area's economic growth

Nearly 35 million Americans were estimated to have traveled at least 50 miles from home over Labor Day weekend, and for Alameda County residents, the trip home will get worse each year if we don't continue to invest in our transportation systems.

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Related Topix: Alameda County, CA, Oakland, CA, Opinion

9 hrs ago | Hays Daily News

Crazy election season in Kansas

The silly season of fall politics is upon us, and the calendar hasn't even turned to the autumnal equinox.

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Related Topix: US Politics, Sam Brownback, US News, Kansas, US Senate, Republican, Life, Holidays, Autumnal Equinox, US Governors, Opinion

12 hrs ago | The Heartland Institute

How Repealing And Replacing Obamacare Would Help Restore Booming Economic Growth

One of the biggest drags on economic growth under President Obama has been Obamacare, enacted on a strictly partisan basis in 2010.

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16 hrs ago | American Thinker

Taxpayer Information Naked in the Clouds

The complexity of America's tax laws have provided a significant livelihood for the tax practitioner community.

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Related Topix: Science / Technology, iCloud

20 hrs ago | The York Daily Record

5 differences between Gov. Corbett, opponent Wolf

Republican incumbent Tom Corbett is battling chronically weak polling numbers despite first-term accomplishments that include erasing a multibillion-dollar budget shortfall without major tax increases and signing a transportation-improvement program that has jump-started highway and bridge projects stalled for years.

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Related Topix: US Governors, Tom Corbett, Pennsylvania, Pennsylvania Government, Healthcare Law, Law

Mon Sep 01, 2014

KYTX-TV News

IRS warns tax payers to be on the look out for phone scam

When all other Seminole students were headed to their first day of school on Monday, one little boy was sent home because his hair was too long.

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Related Topix: Seminole, TX, Austin, TX

The New Zealand Herald

KiwiSaver: Scheme can't be used in tax return

I do not have an income to offset the losses against, so tax credits build up at IRD awaiting me earning any money! When I rang IRD they told me there is no legislation to enable me to offset my tax credits against my tax I have to pay from any earnings my KiwiSaver may make.

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CNN

Chris Tucker settles huge tax bill

Vanessa Williams may soon be writing a very big check. The IRS has filed a tax lien against the actress, saying that she owes $369,249 to the federal government for her earnings in 2011.

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Related Topix: Celebrities, Chris Tucker, Desperate Housewives, Comedy, Entertainment, Drama, Television, Vanessa Williams, Economics News, Bankruptcy

Examiner.com

Chris Tucker, stand up comedian, owes IRS a whopping $14 million in tax money

Chris Tucker was in hot water with the IRS after failing to pay back his taxes. TMZ reports today, that Michael Jackson fan and comedian Chris Tucker owes the IRS a whopping $14 million dollars for unpaid taxes.

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Related Topix: Celebrities, Chris Tucker

WTSP-TV Saint Petersburg

Gov. Scott to pitch new round of tax cutsGov. Scott to pitch new...

On Monday, Sept. 1, Gov. Rick Scott kicks off a two-week Let's Keep Working tax cut bus tour in Tampa.

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Related Topix: Rick Scott, US Governors, US Politics, US News, Republican, US House of Representatives, Adam Putnam, Miami Dade County, FL, us Travel, Travel, Charlie Crist

The Wave

Editorial: Probe of IRS scandal taxes patience

It's been 15 months since Attorney General Eric Holder announced that he had ordered a Justice Department investigation to determine if Internal Revenue Service employees broke the law when they targeted for extra scrutiny conservative groups applying for federal nonprofit status.

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Related Topix: Eric Holder, Non-Profit, Opinion

Sun Aug 31, 2014

TheDenverChannel

New charges for woman accused of stealing $100K

Prosecutors have filed new charges against a woman accused of stealing more than $100,000 from her Carbondale employer between 2009 and 2012.

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Related Topix: Glenwood Springs, CO, New Castle, CO, Social Security, Personal Finance

The Motley Fool

5 Great Ways to Spend Your Income Tax Refund

The average income tax refund received by Americans this year was roughly $2,700.

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Related Topix: Credit Card Debt, Personal Finance, Mortgage, IRA

Patch.com

State Tax Amnesty Program Kicks Off for 300,000 Taxpayers on Labor Day

A state tax amnesty program kicks off on Labor Day, put into place by a provision in the 2015 state budget that allows penalties and late fees to be waived when back taxes are paid off by Halloween.

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Related Topix: Life, Labor Day, Holidays, Massachusetts, Massachusetts Government

Inland Valley Daily Bulletin

What states like California can offer to get Teslaa s $5 billion factory

LOS ANGELES >> Five states are on the short list for a $5 billion factory that Tesla Motors plans to build so it can crank out batteries for a new generation of electric cars.

5 comments

Related Topix: Tesla Motors, Startups, US Politics, US News, US Senate, Republican, Senator Dean Heller, Representative Dean Heller, US House of Representatives

The Motley Fool

Are Higher Taxes For Corporations Actually Increasing Risk in the Economy?

Corporate capital structure theory suggests that companies would be better off by borrowing more when taxes are high because leverage comes with tax benefits.

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The Citizens' Voice

Corbett shifts no-tax stance

Gov. Tom Corbett's recent statement that he won't renew his 2010 no-tax pledge signals a big departure from a policy that's had a major impact on his tenure in office so far.

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Related Topix: US Governors, Tom Corbett, Pennsylvania

Sat Aug 30, 2014

The Wichita Eagle

Businesses excel at minimizing taxes

A pharmaceutical company moved its headquarters to Ireland, sharply reducing its tax rate.

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Related Topix: US Senate, US Politics, Ron Wyden, Democrat, US News

Nashua Telegraph

IRS warns of telephone scams pretending to be tax authorities

Scammers are calling people and pretending to be the Internal Revenue Service as a way to get financial information, the IRS has cautioned.

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