Friday, August 8, 2014

Google Alert - tax

Google
tax
Daily update August 8, 2014
NEWS
Chicago Sun-Times
Bears owe Cook County $4 million in delinquent taxes
The Bears paid the tax bill and accumulated interest in 2012 under protest while a suit was pending, a total of $5.2 million, according to Cook County.
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Of Course We Should Abolish The Corporation Tax
Corporation tax, or the corporate income tax for the US, is one of the more inefficient taxes that we impose upon economic activity. As all should know ...
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SFGate
Real estate taxes soar along with home prices
One side effect of soaring home prices: Real estate taxes are soaring too. The government provides many incentives to homeownership, including the ...
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Texas tax-free weekend kicks off Friday
Friday, Saturday and Sunday, state and local sales taxes won't be collected on most clothing and school supplies priced at less than $100. That, in ...
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San Marcos outlets extend tax-free weekend shopping hours
SAN MARCOS, Texas - San Marcos Premium Outlets announced Wednesday they will have extended hours for tax free weekend. The outlet stores ...
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WJXT Jacksonville
Atlantic City OKs 29 percent property tax hike
Otherwise, the mayor said taxes would go up 47 percent. Some council members said tax appeals by casinos and no hotel or luxury taxes coming into ...
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Governor Quinn Tries To Fool Illinois Tax Payers
Last week, Illinois Governor Pat Quinn signed a bill that places on the November 4 ballot a non-binding tax referendum that has many of us scratching ...
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Reuters
Biden again goes off-message in talking about raising the gasoline tax
The federal gasoline tax was last raised in 1993 during the Bill Clinton administration, and before that by President "Read my lips: No new taxes" ...
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Investments and Tax Planning: They Go Hand-in-Hand
Many changes to the tax code at the beginning of 2013 affects investors, which is why how and when you invest can significantly alter your tax bill.
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CNBC
End this corporate tax handout now: R&D incentives
One of the bills before Congress this year makes R&D tax credits permanent at an estimated cost of $156 billion over the next decade. R&D tax credits ...
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Wolf's personal income tax plan could face legal and financial questions
HARRISBURG — For more than a century, governors and lawmakers have tried to change the state's uniform personal income tax, which makes most ...
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Tax Free Weekend Began a Little Early in North Texas
Tax free weekend for Texas consumers kicks off Friday morning. ... But shoppers for this month's "Girls' Night", got a head's start on the tax free holiday.
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WYFF Greenville
Upstate bar owner faces tax evasion charges
During a 36 month period from August 2010 through July 2013, Patel is accused of filing false sales tax returns and false liquor by the drink excise tax ...
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Daily Caller
Time To Ditch The Obamacare Tanning Tax
One of over a dozen new taxes and tax hikes included to pay for the bloated health care law, the tanning tax has failed to produce anything near its ...
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Reuters
Senator Levin says IRS should stamp out US tax inversion deals
Senator Carl Levin, who has railed for years against tax policies he has labeled costly loopholes, said the Obama administration should not wait for ...
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Dixie Press Online
Voters to decide on sales tax hike for arts, recreation
The county's RAP tax proposal would add the equivalent of a penny to ... of existing sales taxes countywide to generate funds specifically earmarked ...
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Reuters
Fix-it mission for tax reform
"Everyone agreed you need comprehensive tax reform. And everyone also agreed you couldn't get it done. They just gave up before they started.".
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Taxes cause CVS to mull moving HQ overseas
The phenomenon of American companies changing home countries by merging with overseas firms – known as a tax "inversion" – has been much in ...
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DAWN.com
FBR sends Rs350m income tax notice to Tahirul Qadri
LAHORE: Federal Board of Revenue (FBR) on Wednesday sent an income tax notice worth 350 million rupees to Pakistan Awami Tehrik (PAT) chief ...
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The Guardian
LeBron James, Kevin Love signings will mean more tax money for cities
COLUMBUS, Ohio — The high-priced additions of LeBron James and Kevin Love to the Cleveland Cavaliers will bring tax windfalls for the cities of ...
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Media Matters for America
La Quinta, Hobby Lobby to share sales tax revenue
La Quinta city leaders have inked a deal with a developer who wants to share sales tax revenue generated from a new Hobby Lobby store in ...
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Centurylink suing Springfield over new tax
SPRINGFIELD — CenturyLink has sued the city of Springfield over a new tax that will result in a higher phone bill for its customers living within the city.
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Obama says to quickly curb use of US corporate tax dodge
Obama's comments came the day that U.S. retailer Walgreen Co backed down from its plan to use a so-called inversion to reduce its taxes. Obama did ...
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CANYON LAKE: Tax measure to go before voters
Canyon Lake voters will decide on Election Day whether to enact a utility users tax that would raise money for the revenue-challenged city. The ballot ...
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Group files suit over Glendale tax initiative
A group battling a Glendale tax hike is suing the city in hopes of getting its initiative on the November ballot. The tax group's initiative drive could up ...
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Company wants tax break to raze old Techniglas building
YATESVILLE — The company that purchased the former Techniglas Corporation building in Jenkins Township pitched its request for a 10-year tax ...
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New Britain OKs Tax Breaks For Costco
DeFronzo and some city residents have balked at giving tax breaks help to a multibillion-dollar corporation in a year when most homeowners' tax bills ...
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PD Editorial: Pushing back tax was right move
The Sonoma County Board of Supervisors showed such clear thinking on Tuesday in delaying a plan to go to voters with a quarter-cent sales tax to ...
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Politico
President Barack Obama, Gov. Scott Walker tax their credibility
The carping over corporate taxes in Wisconsin and Washington in recent days has this much in common — politicians exploiting the Byzantine to ...
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Korea's New Tax on Corporate Cash Earns Early Critics
South Korea's new tax on corporate cash piles is already getting mixed reviews from analysts, who say it attacks an important problem but may not ...
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Charlotte Chamber leaves open sales tax endorsement
The Charlotte Chamber won't run a campaign to pass a sales tax referendum in November, but a spokeswoman for the group said Wednesday that ...
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St. Tammany Parish Council denies tax increase for library system
7) and voted to maintain current taxing levels for libraries and 12 other property taxes under its jurisdiction. The library board -- the only agency to seek ...
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SAN JACINTO: Council puts utility tax on ballot
San Jacinto City Council members are pitching a utility tax measure as a matter of preserving family safety or suffering the consequences if the ...
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Olathe park sales tax renewal goes to voters
Councilman John Bacon, who voted in favor of the action, said that whether the sales tax passed or failed, the city's parks would be taken care of.
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Report: State economy in worse shape because of tax cuts
The liberal Wisconsin Budget Project is out with a stinging new report arguing that state lawmakers — through a series of unprecedented tax cuts that ...
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Your Teen's Summer Job Could Trigger Tax Implications for Both of You
Was your teenager excited about working this summer? Did you hear "OMG" when they got their paycheck and saw the amount of taxes withheld?
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Chiquita CEO says Ireland move not fueled by tax bill
Chiquita Brands International's decision to merge with an Irish fruit company and base its headquarters in Dublin wasn't fueled by tax savings, CEO Ed ...
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Tax relief available for business owners affected by Northern California wildfires
Business owners impacted by Northern California wildfires may request various forms of emergency tax relief, the California State Board of ...
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LAMBRO: Derailing the tax-reform train
There's a much bigger, largely untold story behind the renewed debate over U.S. corporations who merge with foreign firms to reduce their federal tax ...
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Kenai Peninsula Borough Assembly upholds bed tax veto
When it was first proposed, Navarre said he didn't have a problem with the bed tax, but he hadn't considered all of the nuances associated with the tax ...
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Nescopeck flood victim faces Luzerne County tax-sale woes
Bloom said he does not recall receiving this notice and didn't realize the original value was back in effect until his 2012 tax bills arrived. He said he ...
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Wall Street Journal
A Tale of Two Companies
But the merged company's headquarters will be based in the U.S., so that its world-wide income will be subjected to America's unusually high tax rate ...
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KSBW The Central Coast
Santa Cruz County voters will vote on marijuana sales tax in November
On Tuesday, the Board of Supervisors unanimously approved placing on the November ballot a 7 percent general sales tax on medical marijuana ...
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BLOGS
IRS aces ACA tax credit calculations
Bankrate.com Kay Bell
Email. Here's something no one expected. The Internal Revenue Service got a good review for its ability to calculate advance premium tax credit ...
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The American Opportunity Tax Credit
Futures In Food New England Culinary Institute
As you pursue your education, there are a variety to tax credits you can claim on your tax return. Find out if you qualify here.
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JCT Identifies $1.2 Trillion in Tax Breaks This Year
As lawmakers fight over whether to extend and expand expired tax breaks or create new ones, the Joint Committee on Taxation (JCT) this week ...
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Perry returns to NH to headline state business tax study rollout Aug. 22
New Hampshire Journal John DiStaso
22, he will be the featured speaker at a rollout by a conservative group of a study on the impact of Granite State's business taxes on its economy.
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Now Obama Plans To Rewrite Tax Law
The Lonely Conservative Lonely Conservative
President Obama and Treasury Secretary Jack Lew are preparing to rewrite tax law. They want to crack down on corporate inversions, which is when ...
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How Did Funding for Affordable Housing And Taxes Change in Next
Today we'll cover two big topics in DC: affordable housing and taxes. ... and from an expansion of the Earned Income Tax Credit for childless workers.
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I Still Haven't Paid My Property Taxes – Now What?
Home Tax Solutions admin
On July 1st, most counties transfer delinquent accounts to collection attorneys and add an additional 15-20% penalty, increasing original tax bills by ...
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Why We Need A Low Flat Tax Political Party
So the top tax rate on individuals is 33% and the company tax rate in New Zealand now is 28%. The trust rate is 33%. There currently is a 5% ...
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Developer seeks tax relief for shopping center
Top Stories from citizensvoice.com By Bob Kalinowski, Staff Writer
Amato, best known for being a former drag racing champion, filed a civil action Wednesday seeking to reduce the tax burden on the property, which ...
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Vehicle Tax Disc Changes
Shoreham Vehicle Auctions Alison Boyle
From 1 October 2014, the paper tax disc will no longer need to be displayed on a vehicle windscreen. Customers with a Northern Ireland address will ...
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Tax Exemptions in a Warfare Context: Miletus and the Low Valley of the Maeander
CHS Research Bulletin Aurélie Carrara
Finally the city set up permanent tax incentives for specific economic ... 3§2 Among other measures,[17] they decided to grant some tax exemptions in ...
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Avoid Summertime Tax Scams
Those three top the IRS's 'Dirty Dozen' list of tax scams this year. ... An identity thief may file a phony tax return to claim a fraudulent refund. The IRS ...
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Keeping Your Balance: New York climbs in state corporate tax rankings
NY Daily Record Kevin J. McPherson
Earlier this year, Gov. Andrew Cuomo signed into law the 2014-2015 state budget. In it are many new tax-friendly provisions that should make New ...
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Annual Period to Appeal Property Tax Bills Underway
Los Angeles County taxpayers who want to challenge a property tax bill ... Property owners who want to reduce their property tax bill can make an ...
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City of Frederick Enacts Property Tax Credit For Energy Efficient Builders
Conduit Street Andrea Mansfield
The program would give builders tax breaks on existing and new buildings depending on the LEED certification level each structure achieves, ...
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Why We Need A Tax Reform
Economy In Crisis John Olen
Why We Need A Tax Reform. August 08, 2014 John Olen No comments. taxes. Share. Our country was built on tariffs. Tariffs paid for our railroads, our ...
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what's the buzz, tell me what's a happennin'
THE WANDERING TAX PRO Robert D Flach
A special public thank you to Joe Kristan of THE ROTH AND COMPANY TAX UPDATE BLOG for plugging TTP in a recent BUZZ-like Tax Round-Up.
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Samples of International Tax Frauds that are Flourishing Now with More Taxpayer Financial ...
Tax-Expatriation impuestosypatrick
This post is a follow-on to the post of yesterday explaining the explosion of tax frauds that are flourishing requesting bank and financial account ...
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How Do I Take RMDs If I'm Still Working at Age 70 1/2?
This week's Slott Report Mailbag looks at the delicate situation of moving retirement funds (either to another account or through distributions) when still ...
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UK Bans Tax-Funded Creationist Nursery Schools
The Sensuous Curmudgeon The Curmudgeon
There's more good news from the UK today, to go along with what we reported back in June -- UK Bans Creationism in Tax-Supported Schools.
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NY Post: Sharpton, Businesses Owe $4.7 Million in Tax Debt
American Renaissance Henry Wolff
The Rev. Al Sharpton, along with his nonprofit National Action Network and two for-profit firms, have $4.7 million in outstanding debt and liens, ...
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Bachmann Wants 100% Tax on Immigrants. Well, Some of Them.
She wants a 100% tax on money they might send back to their families — but only in Latin America. "When are we going to get serious and really ...
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Biogas tax credit is 'whey' to go
theLCN.com - , The (Batavia) Daily News
Schumer is pushing to add biogas to the list of renewable energy sources eligible to receive a 30 percent tax credit when constructing new facilities.
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Texas billionaire Harold Simmons' heirs save some money on taxes
Estate of Denial admin
The estate tax rate for 2013 and 2014 is 40 percent of the value of the ... The tax liability is a cash expense: You've actually got to write a check to the ...
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Why Walgreens (NYSE: WAG) Backed Off from Doing a Tax Inversion
The Wall Street Examiner David Zeiler
The aborted tax inversion deal wasn't entirely responsible for the backlash, as Walgreens also chopped its earnings guidance for 2016 to $4.25 a ...
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Walgreen turns down inversion to cut tax bill
NY Daily Record The Associated Press
These deals, called inversions, have raised concerns among some U.S. lawmakers over the potential for lost tax revenue. AP Images. Walgreen plans ...
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Tax free shopping starting this Sunday
HoCo Connect duanestclair
Sunday August 10th starts the annual tax free shopping week in Maryland for qualifying cloths and shoes. This annual back to school event is ...
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NE Offie ~ Agent CE Class ~ Tax Assessement & the Appeal Process
Tin House Real Estate Oregon First
Subject: Tax Assessment & the Appeal Process Presenter: Steven Anderson P.C. Date: 8/20/14 Time: 10 am – 11:30 pm Credit: Y Find out how the ...
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WSJ – Obama's Tax Law Rewrite
Let's focus today on tax inversions, which allow corporations to relocate overseas in a way that reduces their tax liability. Mr. Obama has conceded ...
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Chile: Bachelet Fails First Test of New Term by Raising Taxes
The Navigator Online Otto Post
Bachelet aims to increase the corporate income tax from 20 percent to 25 percent, which would collect approximately $8.2 billion, or roughly 3 percent ...
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WTC First Responders Lose Out on Tax Breaks after IRS Fails to Disclose Information
A number of Ground Zero rescue workers and their families are not getting tax refunds they deserve because the Internal Revenue Service (IRS) failed ...
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IFTA Filing: Credits and Refunds
Express IFTA Tax Misty Bingham
If you are due a refund it will be listed on your IFTA Quarterly tax return, and you will be able to clearly the IFTA tax information for each state you ...
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Preparing For A Meeting With A Tax Attorney
Tax Help Blog Mary E. King
One of the most unsettling experiences for a person is finding themselves dealing with tax issues and the Internal Revenue Service. The reality is that ...
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reading
Appeal your property taxes on Tuesday, August 12th at the 41st Ward Service Office Continue reading →. More: Property Tax Appeal Seminar ...
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Bp Holdings Tax Management, Balley Price Holdings- Lessons From An $8 Million Fraud
CNN iReport - Latest marguskris
In hindsight, it seems obvious: Nathan J. Mueller's pilfering of financial services giant ING should have never been allowed to start, much less last as ...
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councils sign up for proposed 'Tesco tax'
More councils have pledged their support for a 'Tesco tax' in a bid to help Britain's beleaguered high streets. Last week, 20 local authorities....
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Lowering or Eliminating the Corporate Tax Would Stop American Corporations From Relocating
Libertarian Jew Libertarian Jew
Walgreens, the Fortune 500 Company drug retailing chain, was looking to relocate its corporate headquarters using a tax inversion. Demonized by ...
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20 Million Taxpayers to Benefit from Government's New Tax Reform
Spanish Property News Alan Cowley
Mariano Rajoy announced the approval of the new tax reform, which includes measures to help reduce the tax burden for some 20 million taxpayers in ...
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WEB
To Stop Inversions, Fix the Tax Code
While the countries in the rest of the developed world have cut their corporate tax rates, the U.S. has remained stagnant at about 39 percent since the ...
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A Field Study of a Fat Tax and its Unintended Consequences
Fat Tax Could taxation of calorie-dense foods such as soft drinks be used to reduce obesity? To address this question, a six-month field experiment ...
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IRS aces ACA tax credit calculations
Email. Here's something no one expected. The Internal Revenue Service got a good review for its ability to calculate advance premium tax credit ...
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Pavlo Sheremeta
Such statement he made at the briefing in Ukraine Crisis Media Center when commenting on the tax reform concept suggested by the Ukrainian ...
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federal solar tax credit
I am a little confused about how the Federal Solar Tax Credit will work. I purchased a solar system this year and have a $6,580 tax credit for next year's ...
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AFP Opposes Proposed Soda Tax Legislation
Consider the most well-known soda tax: New York City's "Big Gulp ban. ... This proposed tax on sugary drinks would fall heavily on low income ...
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American Companies Are Acquiring Foreign Firms to Avoid a Heavy U.S. Tax Burden
When U.S. companies look abroad, they see other countries with more modern, efficient, competitive tax codes. Then they reincorporate overseas by ...
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Virginia Resident Pleads Guilty to Failing to Pay Employment Taxes
Nureni Abayomi Baruwa, a resident of Alexandria, Virginia, pleaded guilty to employment tax fraud today, the Justice Department and Internal ...
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Nice Try, Bruce. Show us Your Complete Income Tax Records
"This is a total canard by a Republican billionaire who has chosen the Cayman Islands as a place to stash his money and is hiding his tax records from ...
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Gas Tax No Silver Bullet
A particular question mark is Maryland, which, despite new gas tax revenue, looks to have over-promised for the above-ground Purple Line in ...
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Why Walgreens (NYSE: WAG) Backed Off from Doing a Tax Inversion
Walgreen Co. (NYSE: WAG) surprised investors by bailing on a tax inversion plan that would have saved it millions. But it had two good reasons.
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Hope for Tax Reform Must Await a New President
It has to do with our 35 percent top corporate tax rate, the highest in the industrialized world, and why it's forcing U.S. businesses to move abroad, ...
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Desai: Tax Withholding, Statutes and Constitutional Law
In this Article, I explain what a seemingly obscure statute, the Current Tax Payment Act of 1943, can tell us about the relationship between statutes and ...
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Obama: Mulling Options To End Tax Dodge, Want To Move Quickly
President Barack Obama said on Wednesday that Congress should close a tax loophole exploited by firms by locating their tax domiciles overseas but ...
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ACA Health Plans and Tax Breaks
Remember that tax break you get to help pay for your health insurance premium? The Center on Budget and Policy Priorities has created the Health ...
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International Tax Structuring
Ryan provides multinational corporations with proven international tax structuring solutions and best practices for improving the profitability of mergers, ...
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5736.50 [Effective 9/17/2014] Tax credits.
(A) A taxpayer granted a credit by the tax credit authority under section 122.17 or division (B)(2) or (3) of section 122.171 of the Revised Code may ...
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Dodging Taxes is a Great American Pastime!
Freedom Means Low Tax Burdens. Allowing people as much freedom for themselves as possible is a correct principle.
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UBS to pay €300 million to German tax authorities
UBS has settled with the German tax authorities to pay a 300 million euro fine, due to the suspicion they were aiding and abetting tax evasion.
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Schock legislation would solidify tax credit
Congressman Aaron Schock has introduced bipartisan legislation to permanently extend the Work Opportunity Tax Credit, which would make ...
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Obama Donor Admits Corporate Tax Rate Is Too High
(Free Beacon) – Mellody Hobson, a bundler and supporter of President Obama, admitted that the corporate tax rate is too high. Hobson, who is ...
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Tax Cuts Collide With Reality in Kansas
It's hard to overstate the appeal of tax cuts in the US, a nation that was primarily formed in opposition to government revenue collection.
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Participant Tax Reporting Analyst
The successful candidate will be a member of the Tax Research & Oversight team which is primarily responsible for coordinating and completing ...
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Strengthening tax revenues to finance inclusive and sustainable Asia-Pacific growth
Overall, tax collection in the region is relatively weak. In 2011, central government tax revenues averaged 14.8 per cent of GDP in Asia-Pacific ...
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Accountant - Sales & Use Tax
Job Details - Job #313577 - Great opportunity available for Accountant with growing company! Centralized downtown location, employer pays for ...
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Enrolled Agent - Tax Professional
ENROLLED AGENT ATTORNEY/CPA - TAX RESOLUTION A NATIONWIDE LEADER IN FINANCIAL RELIEF Licensed Enrolled Agent position ...
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Tax Preparer needed
We are an intimate tax preparation company located in North Boulder in search of adding a part-time team member with the potential to be promoted ...
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Tax Question
At the end of the second beta phase, I BARELY got into farming, and I realized I could basically craft infinite "bound tax certificates" (with labor of ...
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Tax Preparers
Never thought about doing taxes before? If you enjoy interacting with people and are good with a computer, you will love preparing taxes!
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HICA tax passes muster
By Dominick Pallone, Deputy Director MAHP was very pleased to get word recently that Michigan's Health Insurance Claims Assessment (HICA) tax ...
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Obama administration rewriting the US tax code?
Chapwood Investments' Ed Butowsky, FBN's Nicole Petallides and Liz MacDonald on the geopolitical impacts on the markets, AMC Networks, Bank of ...
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Gabelli on tax inversions
Mario Gabelli, GAMCO Investors chairman & CEO, weighs in on the tax inversion debate.
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White House bullying companies over tax inversion deals?
United Advisors Chief Market Strategist Scott Martin, ProActive Communications President Mark Serrano and FBN's Cheryl Casone on the Obama ...
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Obama reviewing options on corporate tax loophole
WASHINGTON (AP) — President Barack Obama said Wednesday that the administration is reviewing what authority he has to act without Congress to ...
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Senior Tax Analyst
Senior Tax Analyst jobs available in Naperville for immediate consideration on Dice.com.
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Re: Koch's Sr's Group - Creative Tax Filings
cat - actually I was not aware that the Committee had released it's report.
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Obama Donor Mellody Hobson Concedes Corporate Tax Rate Is Too High
The CBS News contributor opined that even though she agreed with the company's decision she acknowledged that in America "it's still the highest tax ...
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Tax Code determination in Purchase Order
Hi Dears,. Kindly ask you to advise me on the question below. Scenario. There are two places where the tax code is maintained in the system and can ...
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Relief from tax relief
The FTC is mailing refund checks totaling more than $16 million to 18,571 people who paid American Tax Relief, a company that claimed it could ...
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Big Oil Pays an Absurdly Low Tax Rate
A new report has found that the U.S.'s 20 biggest oil and gas companies pay only 11.7 percent in taxes — significantly less than the statutory corporate ...
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Taxpayers fund corporate tax avoiders
Fortune magazine's Alan Sloan reports that Ireland, Bermuda and Switzerland are the tax havens for the top ten corporate tax- tax avoiders.
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Additional Info...
A tax rate of $0.560492 per $100 valuation has been proposed for adoption by the governing body of UNIVERSAL CITY, CITY OF. This rate exceeds ...
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From the Forum – Do I have to pay sales tax on my rent?
"I have rented in DC for years in different places, but have never experienced any landlord to make me pay sales tax on top of my rent. Can this be true ...
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City Budget Includes No Tax Hike
The San Antonio 2015 city budget unveiled by City Manager Sheryl Sculley today balances the books without a tax increase or any city layoffs.
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Time to fix income tax system with fair tax plan
That issue is the 100-year-old income tax system which can only be described as a ridiculous, complex and intrusive mess. It is burdensome to tax filer ...
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