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Tax News

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

3 hrs ago | The St. Petersburg Times

The Taxing Business of Joined-Up Government

For those who have been employers in Russia, it is common knowledge that pregnant women and young mothers are the most protected of all groups under the Labor Code.

Comment?

Related Topix: Russia, Asia, World News

Mon Nov 23, 2009

Stone Soup Musings

Sen. Carl Levin is The Real Deal

The Republican Party is staking its future on people like Sarah Palin for commonsense solutions to our nation's problems.

Comment?

Related Topix: US Politics, US News, US Senate, Carl Levin, Democrat, World News, NATO (North Atlantic Treaty Organization)

Gouverneur Times

Health reform: Is tax on 'Cadillac' plans fair?

Schoolteacher Kinzi Blair makes only $46,000 a year, but she has what many would consider a "Cadillac" health plan, now targeted for a big tax increase by health reformers.

Comment?

Related Topix: US Politics, US News, 2008 Presidential Election, San Francisco Metro, San Jose Metro, Healthcare Law, Law, Barack Obama

BizzyBlog.com

Tax Increase Campaign Item 3: Wars Cost Money And Rich Must Pay, MI Senator Levin Tells Bloomberg

At this point, there should be little doubt that there is a concerted attempt underway to use the war in Afghanistan as a justification for punitively taxing high earners.

Comment?

Related Topix: US Politics, US News, US Senate, Carl Levin, Democrat, David Obey, US House of Representatives, Wisconsin, Barack Obama

WisInfo

More than $800,000 in undelivered refunds waiting for Wisconsinites

MILWAUKEE - The Internal Revenue Service is looking for 971 Wisconsin taxpayers - seven in Fond du Lac County - who have refund checks waiting for them totaling $858,206 that were returned to the IRS as undeliverable.

Comment?

Related Topix: Milwaukee, WI, Milwaukee Metro

DispatchPolitics

Joe Hallett commentary: Senate Republicans would punish the people to save their jobs

No reason to sugarcoat the obvious: Senate Republicans look foolish in their handling of the state budget crisis.

3 comments

Related Topix: US News, US Politics, Paul Gillmor, Republican, US House of Representatives, Ted Strickland, Democrat, US Governors, Opinion

Sun Nov 22, 2009

The South Mississippi Sun Herald

Few adjust their college savings plans

As we dash into the year-end holiday crush, many parents aren't likely to want to sit down and review the investments in the 529 college savings plans for their children.

Comment?

Related Topix: Personal Finance, Retirement

NewsBlaze

Most Businesses May Take Advantage of Expanded Loss Carryback Option

Most businesses may use losses incurred during the economic downturn to reduce income from prior tax years, under a revenue procedure [ http://www.irs.gov/pub/irs-drop/rp-09-52.pdf ] issued today by the Internal Revenue Service.

Comment?

Omaha World-Herald

Culver: Tap cash reserves

Iowa educators should expect scaled-back budgets for the foreseeable future, with little hope of increased tax revenue, Gov.

Comment?

Related Topix: Iowa, Iowa Government, US Governors, Chet Culver, Education Etc.

Berkshire Eagle Online - Berkshires Week

Probation, restitution for pair

Two Adams brothers are on three years probation and each have to pay more than $60,000 in restitution for defrauding the Internal Revenue Service by hiding their incomes and avoiding taxes on their home renovation business over the course of four years.

16 comments

Related Topix: Springfield, MA, Criminal Defense Law, Law, North Adams, MA, Pittsfield Metro

News Max

Married Couples Face Extra Tax in Sen Healthcare Bill

Senate Democrats' health care bill would create a new marriage penalty by imposing a tax on individuals who make $200,000 annually but hitting married couples making just $50,000 more.

1 comment

Related Topix: US News, Family, Elderly, Personal Finance, Social Security, Medicare, Health

KAKE

Former Wichita Pharmacy Manager Sentenced For Theft

Michael L. Halfman, 58, Wichita, Kan., has been sentenced to six months imprisonment followed by two years of supervised release including six months of home detention for embezzling more than $335,000 from the pharmacy he managed, U.S. Attorney Lanny Welch said today.

Comment?

Related Topix: Wichita Metro, Wichita, KS, Prison, Criminal Defense Law, Law

Sat Nov 21, 2009

MarketWatch

TaxWatch: Are video-poker losses deductible?

California resident J.D. won over $50,000 playing video poker online this year. Wow! She couldn't do that well in Las Vegas, and at home she can play anytime without having to drive for hours.

Comment?

Related Topix: Games, Poker, California Government, California

WYTV Youngstown

Snipes appeals tax convictions

Wesley Snipes has appealed his three-year prison sentence on U.S. federal tax charges - insisting the term is "unreasonable." The Blade: Trinity star was convicted in 2008 of three misdemeanor counts of willful failure to file his income tax return.

Comment?

Related Topix: Wesley Snipes, Black Entertainment, Entertainment

WSAW

Wisconsin, Minnesota Lawmakers Trying to Resolve Tax Issue

A spokeswoman for Wisconsin Senate Majority Leader Russ Decker says talks are ongoing but Decker is committed to calling the Senate into session if a deal can be reached.

Comment?

Related Topix: Wisconsin, Wisconsin Government, Minnesota Government, Minnesota

Gainesville.com The Gainesville Sun G...

New Consensus Sees Stimulus Package as Worthy Step

Now that unemployment has topped 10 percent, some liberal-leaning economists see confirmation of their warnings that the $787 billion stimulus package President Obama signed into law last February was way too small.

Comment?

Related Topix: US News

Bloomberg.com

Tax on High-Income Americans May Be Needed for Afghan War Cost, Levin Says

Higher-income Americans should be taxed to pay for more troops sent to Afghanistan and NATO should provide half of the new soldiers, said Carl Levin , chairman of the Senate Armed Services Committee .

Comment?

Related Topix: World News, Asia, Afghanistan, NATO (North Atlantic Treaty Organization), US News, US Politics, 2008 Presidential Election, Barack Obama

Fri Nov 20, 2009

Cleveland.com

Ohio Senate Republicans propose new budget fix; Democrats quickly reject it

Ohio Senate Republicans rolled out their plan to fill an $851 million hole in the current state budget Wednesday, but Senate Democrats immediately shot it down.

Comment?

Related Topix: US News, US Politics, Ted Strickland, US House of Representatives, Democrat, Ohio, Ohio Government, Real Estate

San Jose Mercury News

Database: Unclaimed IRS tax refunds

The Internal Revenue Service is looking for taxpayers who are due $123.5 million in 107,831 refund checks that were returned to the IRS by the U.S. Postal Service due to mailing address errors.

Comment?

Related Topix: Science / Technology

Myphl17.com

Panel mulling tax changes for W.Va. considers giving more tax flexibility to towns, counties

West Virginia's tax modernization project is back on, but that doesn't mean businesses and individuals should necessarily expect lower taxes in the near future.

Comment?

Related Topix: West Virginia, West Virginia Government

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