Thursday, April 30, 2015

Google Alert - tax

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tax
Daily update April 30, 2015
NEWS
CBS Local
2 Investigators: Identity Thieves Stealing Billions With Fraudulent Tax Returns
(CBS) — Identity thieves got away with $5.8 billion in tax refunds last year by filing fraudulent tax returns, federal officials estimate. So what's being ...
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The Times (subscription)
Bloomberg
George Soros's Tax Bill
Applying those rates to Soros's deferred income would create a tax bill of $6.7 billion. That calculation is based on publicly available information such ...
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FOX CT
Houston Chronicle
The West Australian
Bloomberg
Puerto Rico in Economic Limbo as Legislators Reject Tax Plan
Legislators struck down a key part of a plan to overhaul the island's tax system early Thursday, raising concerns about the U.S. territory's economic ...
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NFL Announces It Will Forgo Its Tax Exempt Status
NPR
NPR's Robert Siegel interviews author Gregg Easterbrook, who's book The King of Sports: Football's Impact on America talks about the NFL's ...
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Huffington Post
It's Time to Restore the Estate Tax
The estate tax is an essential component of tax policy in any meritocratic democracy. In an era of rising income and wealth inequality, a strong estate ...
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Chron.com
SC senate panel OKs 12-cent gas tax hike
The Senate plan would raise more money for roads — roughly $800 million a year versus $427 million — but also increase the gas tax more — by 12 ...
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Hartford Courant
Democrats' Plan — Tax Low-Wage Workers
For example, employers now paying $11 per hour will certainly chose to pay a $1 per hour tax rather than a $4 per hour raise. Unlike the case with ...
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Yahoo News
Exclusive: North Dakota governor signs sweeping oil tax law
WILLISTON, N.D. (Reuters) - North Dakota, the second-largest U.S. oil producer, has approved a sweeping reorganization of its oil tax code, cutting ...
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CNNMoney
ObamaCare's Tax Shock Is Far Worse Than Predicted
That was enough to set off alarms about the "unpleasant tax surprise" these millions would face. The tax experts were too optimistic, however.
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The Guardian
General election 2015: can the Tory five-year tax lock work?
David Cameron lays out his party's pledge on taxation during a visit to an engineering factory in Birmingham. Photograph: Carl Court/Getty Images.
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NewsBusters (blog)
Not News: Obama Admin Admits Tax-Exempt Status of Churches at Stake in Supremes' Gay ...
Could religious institutions lose tax-exempt status over Supreme Court's gay marriage case? During oral arguments, Justice Samuel Alito compared ...
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Miami Herald
OregonLive.com
Portland arts tax overhead costs soar as city mailed 170000 collection letters
Portland's arts tax is proving more expensive for city officials to administer partly because of the cost of tracking down scofflaws. In 2014, city finance ...
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CNNMoney
David Cameron pledges to make tax hikes illegal in the UK
Cameron promised in a speech Wednesday to introduce a "five year tax lock" law within the first 100 days of his next term in office, making it illegal to ...
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cleveland.com
Cleveland's 'jock tax' is unconstitutional, Ohio Supreme Court rules
Until now, Cleveland has charged visiting players a 2-percent municipal income tax – a so-called "jock tax" -- based on how many games they play in ...
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Forbes
Bush Nomination Would Be Bad News For Tax Reformers
This is the story of how Jeb Bush killed tax reform when he was governor of Florida. In 2001 Florida Senate President John McKay, a Republican, had ...
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9NEWS.com
Metro Denver homeowners should brace for tax increases, assessors warn
Higher valuations won't translate into a one-for-one increase in property taxes, given limits set by the state's complex tax code and local mill levies.
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Telegraph.co.uk (blog)
Tax evasion is the politicians' new magic money tree
Oddly, efficiency wasn't quite enough, so the politicians have had to find a new money tree which they say will fund their plans. It's called tax evasion ...
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Hartford Courant
Bill Would Raise Top Income Tax Rate; Tax Accounting, Engineering, Veterinary Services
In a series of sweeping changes in state tax policy, the legislature's finance committee is calling for raising the top rate on the state income tax, ...
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The Guardian
Politicians not tough enough on tax avoidance, say voters
Attempts by some multinationals to use complex arrangements to pay less tax have provoked widespread anger. Photograph: Joe Giddens/PA.
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Tallahassee.com
Leon County sales tax referendum proposed for 2016
Leon County commissioners agreed Tuesday to move forward with the option of placing a sales tax referendum on the November 2016 ballot.
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Financial Times
Economists attack Conservative party proposals to ban tax rises
Economists on Wednesday hit out at Conservative proposals to ban tax rises until 2020 as undermining Britain's fiscal credibility and leaving little ...
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Hartford Courant
Panel To Consider Lower Sales Tax Rate But Taxing More Items
HARTFORD — The legislature's tax committee is scheduled to vote Wednesday on a plan that would lower the state's sales tax rate, but expand the ...
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Ottawa Citizen
Auditor General: Government hands out billions in tax breaks without proper oversight
Finance Canada is failing to properly manage billions of dollars in tax credits it offers to Canadians and, in many cases, does not know if they are ...
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BurlingtonFreePress.com
Tax reform receives criticism, support
Among the sweeping changes, a 9 percent meals tax would be added to vending machine items and deli and bulk foods, all consumers services, such ...
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Crain's Chicago Business (blog)
Tony Hu probed for conspiracy, tax fraud and wire fraud
The FBI is investigating nine Chicago restaurants owned by Tony Hu for suspected conspiracy, tax fraud and wire fraud, federal documents unsealed ...
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The Guardian
Three-minute election: Can we trust the Tories on tax? – video
The Conservatives have promised to introduce a law banning increases in income tax, VAT or national insurance over the next parliament. Columnists ...
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Forbes
10 Tips To Help You Stay Married To A Tax Professional
I know that it drives you crazy that as we creep closer to tax filing deadlines, the work seems to pile on and get bigger, not smaller. It's the nature of the ...
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Toronto Star
More of your Tax-Free Savings Account questions answered: Mayers
I called Investor's Edge, CIBC's online brokerage this week to see whether the higher Tax-Free Savings Account limit announced in last week's federal ...
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The Detroit News
GM could get $97M in tax breaks for Warren project
General Motors Co. could receive nearly $97.1 million in property tax savings over more than a decade through tax breaks the City of Warren ...
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Variety
'Nightcrawler,' Expanded California Film Tax Credit Draws Optimism
Optimism abounded Wednesday over the expanded California Film Tax Credit program, with producers of Jake Gyllenhaal starrer "Nightcrawler" ...
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Asheville Citizen-Times
Asheville tax hike advances with garbage fee increase
ASHEVILLE – Elected officials gave an initial OK to a property tax hike and garbage fee increase this summer. There was no official vote, but a ...
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Fortune
NFL drops tax exempt status, gains good PR
Its 501(c)(6) designation, which the league has enjoyed since 1966 (though it has been labeled a non-profit since 1942), has not meant that the ...
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Financial Post
CRA blunder extends tax due date to May 5 as deadline system continues to defy logic
Getty/ ThinkstockA "human error" by the Canadian Revenue Agency prompted the federal tax body to extend the deadline for filers until May 5, instead ...
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The Hill
Poll: Voters would support 10-cent gas tax hike
A majority of voters would support a 10-cent increase in the federal gas tax if the money is used for specific transportation improvements, according to ...
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IRS Partnership Adjustments In Millions May Produce No Tax
The problem is that when a partnership is audited, it is not the partnership that is liable for the additional tax (or due an additional refund). It is the ...
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Sydney Morning Herald
Negative gearing tax claims fall thanks to low interest rates
The value of negative gearing tax deductions claimed by Australia's nearly 1.3 million landlords is falling, dropping close to $2 billion in a year thanks ...
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Apple warns of 'material' earnings impact in Ireland tax probe
Apple Inc. AAPL, -1.47% has warned that an ongoing tax probe in Ireland could have a "material" impact on the company's earnings, operating results ...
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The West Australian
55 millionaires paid no tax
A spokesman for the tax office said there were a range of legitimate reasons why millionaires and other high tax individuals could end up not owing tax ...
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Kansas City Star
Marco Rubio Would Be Another Obama On Tax Lawmaking
Marco Rubio is having a good couple of weeks. The freshman Republican senator from Florida has surged to the top of polls in the crowded GOP ...
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Fox Business
Learn From Your Tax Filing Mistakes
Did you end up owing a boatload of money to the IRS at tax time without having the money to pay for it, or did you receive a large refund? While the ...
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The Guardian
What capital gains tax would we pay if I bought out my sister?
What would we have to pay in capital gains tax if the house was sold for its rateable value of £160,000? It was valued at £210,000 in 2009. LM.
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Sydney Morning Herald
ATO cracks down on rich older SMSF members avoiding tax
The Tax Office is cracking down on what it's described as "contrived arrangements" that allow hundreds of wealthy individuals with self-managed ...
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Shreveport Times
Proposals move ahead to curb La. film-tax credits
BATON ROUGE – Lawmakers on the House tax committee, looking for ways to keep more money in the state treasury, agreed Tuesday to three ...
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BBMP website frustrates property tax payers
BENGALURU: Take the day off if you want to pay your property tax. Aditya M, who works for a reputed multinational company, realized this after ...
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Salon
Marco Rubio's massive tax fraud: Why his latest pledge is part of a big con
Norquist's anti-tax increase pledge has been a staple of Republican politics for a long time now, and Rubio happily signed it as a state legislator in ...
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BLOGS
EU scrutiny of Irish tax deals could have 'material' impact on Apple, company says
Apple has begun to prepare investors for the possibility that the European Commission's ongoing investigation into Ireland's corporate tax ...
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WEB
NFL opting to end tax-exempt status
The National Football League announced Tuesday that it is eliminating its tax-exempt status, a major source of contention for …
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Income tax
Information about income tax and how it is calculated and collected.
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Tax Documents
Winona State University provides students with instructions on how to view their tax documents online.
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Tax deductions for homeowners
Tax deductions for homeowners: Many homeowners qualify for tax deductions, but it's not always easy to work out the amount of interest on your loan ...
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Property Tax Division
Taxability Rulings - Property Tax. Contact Us at One of Our Regional Offices: Charleston Main Office Albert T. Summers Center 1124 Smith St., P. O. ...
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Texas House and Senate Weigh Different Tax Cut Options
At the beginning of the month, we reported on the tax reduction plan passed by the Texas Senate that focuses on reducing the margin tax and property ...
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At 11th hour, Shumlin rejects tax proposal, wants millions of dollars more in budget cuts
Gov. Peter Shumlin is inserting himself into the legislative budget and tax process at the 11th hour. The governor, sources say, doesn't like the Senate ...
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Tax increases on the way for 80% of Islanders
EIGHTY per cent of households could be paying more tax next year in order to claw back £8 million from lower- and middle-income earners. Treasury ...
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Apple says EC probe could lead to back tax payments
Apple has warned that an European probe into its tax payments in Ireland could lead to the company having to pay disputed past taxes covering up to ...
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Any danger of spending those 100 days on a tax avoidance law, everyone asks Tories
After David Cameron announced new laws to stop increases in income tax, voters asked if maybe he could put in place a law to stop businesses ...
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Report: Obamacare Took $729 Bite Out of Tax Refunds
... surprise this tax season. Sixty-one percent of those tax filers saw their refunds reduced by an average of $729, according to a report by H&R Block.
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Tax Office statistics reveal the 55 millionaires who paid no tax
Fifty-five of Australia's highest earners paid no income tax at all during 2012-13, not even the Medicare levy. All earning at least $1 million, they ...
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Over 4000 Tax Office workers vote to strike
Over 4000 Tax Office workers have voted to strike over pay and conditions just weeks before millions of Australians are due to start filing their annual ...
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[RCSS] NO TAX Saturday May 2 2015 (Ontario)
Real Canadian Superstore NO TAX Saturday this weekend. Some sell electronics and other normally taxable merchandise.
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Supporting Marriage Could Cost Tax-Exempt Status
Justice Samuel Alito asked Verrilli whether a religious school that believed marriage was the union of husband and wife would lose their non-profit tax ...
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Texas House sends tax cuts to a leery Senate
The Texas House gave final approval Wednesday to a $4.9 billion tax cut package, setting the stage for a standoff with the Texas Senate. State Rep.
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Like-Kind Exchanges—Art and Collectibles' Tax Deferral in the Crosshairs
There has been considerable coverage in the last week about so-called "like-kind" exchanges of art, and federal tax. This has been driven by two ...
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Hickey on Land Tax
Bernard Hickey writes: With Capital Gains Tax off the table, what's the next idea boffins and politicians will turn to in the attempt to reduce tax ...
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Flat Tax Boom for Rich, Bust for Poor, According to Report
MONTGOMERY—The idea of a flat tax is being championed by Sen. Bill Hightower (R-Mobile) and other senators as a measure to simplify the tax ...
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Treasurer
PAY PROPERTY TAXES ON-LINE OR BY PHONE. county property tax payment. For information regarding paying property taxes by telephone or ...
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ObamaCare's Tax Shock Is Far Worse Than Predicted
ObamaCare's Tax Shock Is Far Worse Than Predicted ... The bastards must've also raised the income tax rates...wife and I both claimed married and 0 ...
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You Won't Believe What She Thinks Tax Payers Should Give To Her Because She Claims It's ...
You Won't Believe What She Thinks Tax Payers Should Give To Her Because She Claims It's Owed To Her. marrig. Debbi Wood has made a name for ...
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Religious Institutions May Lose Their Tax-Exempt Status If They Don
Religious institutions could be at risk of losing their tax-exempt status due to their beliefs about marriage if the Supreme Court holds that gay couples ...
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Taxation statistics 2012-13
Taxation statistics 2012–13 presents an overview of 2013 income tax returns for individuals, companies, superannuation funds, partnerships and ...
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Why must tax treaties starve developing countries of revenue?
Martin Hearson, who has just been at a parliamentary hearing in Denmark, asks a very good question about tax treaties and developing countries: ...
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Sheriff warns of increase in tax scams
Residents are receiving calls targeting and accusing them of being in default with their income tax. The callers try to intimidate people with threats of ...
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Applying Sales Tax to Alcoholic Beverages in Florida
Learn the proper way to apply Florida sales tax to alcoholic beverages. Florida sales tax and discretionary sales surtax apply to alcoholic beverages ...
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In Canada, There's a Tax on Tampons but Not on Maraschino Cherries
What's more essential: menstrual products or maraschino cherries? In Canada, the government charges a sales tax on tampons, pads, Diva cups, and ...
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Obama's Solicitor General Admits Religious Colleges Could Lose Tax-Exempt Status For ...
Religious colleges and universities could lose their tax-exempt status for opposing same-sex marriage if the Supreme Court rules that it is a ...
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Len's poll tax
That's what people call a poll tax. It's also understood he is sticking to his commitment that Aucklanders will pay no more than an average 2.5 per cent ...
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Where Are the Most Child Tax Credits Claimed?
This week's county-by-county tax map shows the percentage of taxpayers taking the Child Tax Credit (CTC), a refundable tax credit that varies by ...
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How nixing a business tax will help all Texans
Of the tax reductions up for discussion, studies by TPPF and the Legislative Budget Board (LBB) that use dynamic economic analyses have found that ...
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Tax Rate History
Tax Rate History. City of Waupun Tax Rate (rate per $1,000 of assessed value) 2014 Tax Year / 2015 Budget Year ...
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Tax Compliance As A Wicked System
This paper proposes a new typology and framework for tax compliance systems. Traditionally-competing approaches such as deterrence theory, ...
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GOP Governor pushing for largest tax hike in state history. No, it isn't Tiny-Faced Romney in ...
Washington state has a gross revenue tax and, as a libby lib, I think it's ... I'm guessing it's going to be a hike on sales tax or gas tax - something to stick ...
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Obama Admin: Religious Organizations Could Lose Tax-Exempt Status If Supreme Court Creates ...
United States (1983), where the Court held that the IRS could strip two private religious schools of their tax-exempt status because the schools ...
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Senate panel votes to expand tax-free college accounts
WASHINGTON (AP) — A Senate panel passed a bill Wednesday that would expand popular tax-free college savings accounts that President Barack ...
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TribCast: Abortion Bills, Tax Cut Drama and Voter ID
On this week's TribCast, Emily chats with Ross, Aman and Alexa about a resurgence of anti-abortion legislation, the House-Senate fight over tax cuts ...
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Would David Cameron's tax-lock law be legally binding or just a political gimmick?
David Cameron has promised that if the Conservative Party wins the general election, it will introduce legislation to prevent any rises in rates of ...
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Tax Warrants
Tax warrants will be issued on unpaid tangible personal property taxes against the delinquent taxpayers providing for the levy upon, seizure and sale ...
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Why Does It Matter Where I Live for Estate Tax Purposes?
The estate tax is a transfer tax on the assets you own when you pass away. Currently, a federal estate tax is imposed when the decedent's estate is at ...
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Tax Sin or Tax Me: Is that the Question? (Opinion)
Bentley has proposed a common sense tax scheme that has met with very little enthusiasm, and Marsh's plan will certainly not be greeted with ...
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Member Dues Tax Deductibility
... Ordinances · Tech Helpline · Video News Channel · Member Dues Tax Deductibility · Home >> Member Services >> Member Dues Tax Deductibility ...
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Flat Tax is a Fair Tax
Almost exactly 20 years ago, Steven Forbes started talking about flat tax. Two decades later, the flat tax is again the rage in a presidential primary.
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