Tuesday, December 5, 2017

Google Alert - tax

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tax
Daily update December 5, 2017
NEWS
Homeowners might want to consider prepaying certain house-related expenses this year in advance of tax legislation that could clear Congress as early as this month. The Senate passed its version of tax reform in the wee hours of the morning on Saturday and now will begin hashing out differences ...
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Since both the Senate and the House have passed a version of the Tax Cuts and Jobs Act, the differences between the two are of significant interest. I think the most important differences are in the area of flow through taxation. Those differences are profound. I was going to lay off the tax cut frenzy until ...
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"FANG" names are getting banged around as investors game the tax bill and see the potential for gains in a much broader group of stocks. Big-cap ...
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The EU has named and shamed 17 states in its first ever tax haven blacklist and put a further 47 states on notice, including British overseas territories and the crown dependencies of Jersey, Guernsey and the Isle of Man, in an attempt to clamp down on the estimated £506bn lost to aggressive avoidance ...
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The Italian tax police searched the so-called Gucci Hub, the 377,000-square-foot campus in Milan that is home to over 250 employees, last week, ...
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Both chambers of Congress have passed tax overhaul bills. There are still opportunities to make the tax reform bill better for homeowners.
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"What people want is, am I going to get some relief myself? Answer, overwhelmingly likely to," said Senate Majority Leader Mitch McConnell. The bill's cut to the corporate tax rate from 35 percent to 20 percent, but individuals and families would get a temporary tax-cut. An average, a family of four earning ...
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Mr. Williamson worries that many of the changes to the tax code enacted by this weekend's work by the Republican Party will last only as long as they are in power. Congress, he writes, has proved itself to be incapable "of conducting its business in a fashion befitting the legislature of the most powerful ...
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Financials, media and transports rallied Monday, the first day since the Senate passed its version of the tax overhaul plan. Tech, utilities and health care fell. Strategists advise looking at sectors that pay the highest effective tax rate, like retail, telecom and industrial services. Technology is the one sector ...
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Republicans say the tax-cutting overhaul being debated in Congress will jump-start the U.S. economy, leading to a lot more investment and hiring by ...
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House and Senate Republicans have now passed two different versions of a sweeping tax overhaul. Their next step is to iron out differences between ...
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His guilty plea to only one count of tax fraud could still mean up to five years in prison. However, earlier this year, he faced a fourteen count indictment ...
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"I listen to [Senate Democratic leader] Chuck Schumer, and the end of the world is coming with this tax bill," the billionaire GOP businessman said in a "Squawk Box" interview. "My guess is [it's] the end of the world for the Democratic Party because if this tax bill, in my opinion, passes it's going to unleash ...
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As Republicans worked Monday to reconcile conflicting versions of their tax plans, a prominent group of realtors is warning that both the Senate and ...
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WEB
How a Company Actually Plans to Spend Its Tax Cut Money
ORO GRANDE, Calif. — Republicans have pitched their tax plan as an economic godsend that will offer deliverance from middling growth and set off a torrent of investment, hiring and raises. But at a quarry here in Southern California's high desert, the outcome doesn't look so straightforward. The pit of ...
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This Tax Plan Calculator Tells You What You'll Save with Both House and Senate Versions
As we've belabored this morning, the final "Tax Cuts and Jobs Act" isn't fully decided upon. But the House and Senate each have final versions of the bill. Maxim Lott, Executie Producers for Stossel Productions and a senior producer for Reason TV, has created a calculator that tells you what you can ...
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The Trump Tax Cut, the Pass-Through, & Multinationals
The Trump Tax Reform is a very major deal. There are seven brackets in today's individual tax code. The Senate version of the Trump Reform is not a windfall for.
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The Alternative Minimum Tax Bombshell
Early Saturday morning Senate Republicans passed a major pro-growth tax reform bill. As U.S. Chamber President and CEO Tom Donohue said, "The decades-long drive toward meaningful tax reform is close.
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Distributional Analysis of the Tax Cuts and Jobs Act as Passed by the Senate
Distributional Analysis of the Tax Cuts and Jobs Act as Passed by the Senate · TPC Staff. December 4, 2017. Download PDFPrint. Share ...
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Distributional Analysis of the Tax Cuts and Jobs Act as Passed by the Senate
The Tax Policy Center has released distributional estimates of the Senate version of the Tax Cuts and Jobs Act as passed on December 2, 2017. We find the bill would reduce taxes on average for all income groups in both 2019 and 2025. In general, higher income households receive larger average tax ...
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Lowell Hawthorne Plagued By Tax Debt - Reports
Lowell Hawthorne plagued by tax debt - reports. 9:03 am, Mon December 4, 2017. /assets/img/stories/display_pic/default_story_img.jpg. The New ...
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Owner of New York Tax Preparation Firm Pleads Guilty to Preparing Fraudulent Tax Returns
A Brooklyn, New York, resident pleaded guilty today to aiding and assisting in the preparation of a fraudulent tax return, announced Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department's Tax Division and Acting U.S. Attorney Bridget Rohde for the Eastern District of New ...
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California Residents Increasingly Ditching Their Massive Tax Bills And Unaffordable Housing For ...
Los Angeles residents have apparently had just about enough of their city's excessive home prices, unaffordable rents, crushing personal and corporate tax rates, overly burdensome regulations, polluted air, etc. and are increasingly leaving for a better life in Sin City. As Los Angeles Times columnist ...
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The Tax Cuts & Jobs Act is Headed to Conference Committee
Conference committee is the setting in which the House and Senate will resolve their differences on tax reform. This is the next step for tax reform.
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D'OH! Mitch McConnell Killed All Corporate Tax Deductions In His Zeal To Pass Tax Cuts
You may recall last week's frenetic pace in the Senate as Mitch McConnell labored to bring all of the Republicans he could under the umbrella of tax ...
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Tax Euphoria Fades As Tech Rout Spreads
Going back to the tax bill and the reason behind the tech rout, Bloomberg explained that as amended, the Senate tax bill would preserve the existing 20 percent corporate alternative minimum tax, a levy designed to stymie companies' tax avoidance that applies to fewer than 1 percent of U.S. companies ...
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Tax Cuts and Jobs Act of 2017
Overview The Tax Cuts and Jobs Act of 2017 is the name of the congressional republican tax bill that set forth a plan to simplify the tax code and change th.
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Tim Scott Fact-Checks Democrats on Tax Reform Bill
South Carolina Senator Tim Scott is not having any of this nonsense that no one knows what's in the Senate's tax reform bill. Democrats are wailing and gnashing their teeth over the fact that the Senate bill was made public and voted on pretty much all at once, giving them virtually no time, they say, ...
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Here Are The Negatives In The Republican Tax Plan, According To Wall Street
Judging by the market's euphoric reaction this morning, the Senate's passage of the tax bill on Saturday is nothing but good news for stocks (well, maybe not the Nasdaq). And indeed, banks - whose effective tax rate is around 30% - and other tax-sensitive companies are surging, with banks are ...
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Former Republican Advisor Compares GOP Tax Bill To 'Rape'
On Sunday, former Republican policy advisor and historian Bruce Bartlett appeared on MSNBC's "AM Joy," and made a rather outrageous remark about the Republican tax bill.
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PELOSI SNAPS!...
WOW! The loon finally snapped. Minority Leader Pelosi called the Republican tax cuts to the working class "Armegeddon" on Monday. Pelosi calls the ...
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Dillon Tax Service
Dillon Tax Service, Dillon Tax, Tax Services Lexington, KY, Dillon Tax Lexington Ky, Dillon Tax Kentucky, Lexington Kentucky Tax Services, Tax Preparation Lexington Ky.
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Video: Misleading Tax Plan Claims
House Democratic Leader Nancy misled viewers when she said the Republican tax plans will be a "job-killer." So far, three economic analyses ...
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Tax Map Prints
Welcome to the official Richmond County, VA Local Government Website! We have done our best to provide links to information regarding the County and the many services it provides to its citizens. We hope you are able to easily move around the site.
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Congress Must Change Fundamentally Flawed Tax Policies in Final Bill, Says US Bishops Chairman
WASHINGTON— As the U.S. Senate passed its tax reform bill, Bishop Frank J. Dewane of Venice, Florida, chairman of the U.S. Conference of Catholic Bishops' Committee on Domestic Justice and Human Development, called for Congress to fix fundamentally flawed tax policies as the House of ...
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Trump touts tax vote: 'This could be a big day for the Stock Market '
With the great vote on Cutting Taxes, this could be a big day for the Stock Market – and YOU! — Donald J. Trump (@realDonaldTrump) December 4, 2017. Trump's tweet comes after the Senate voted early Saturday to pass its tax reform legislation, moving the administration closer to its first major ...
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