Sunday, January 14, 2018

Google Alert - tax

Google
tax
Daily update January 14, 2018
NEWS
The hubbub over the Republican tax plan has died down some since it passed, but the bill isn't forgotten — not by a long shot. Many Americans will see the effects already this year, when the IRS gives employers new guidance on how much money to withhold from people's paychecks. And you can bet it ...
Google Plus Facebook Twitter Flag as irrelevant
When you check on your first payroll direct deposit of 2018, don't expect to see any increase in take-home pay from the new Tax Cut and Jobs Act of 2017. The new tax rates, lower for many workers, will apply to all income for all work in 2018. But workers won't see the extra take-home dollars for those ...
Google Plus Facebook Twitter Flag as irrelevant
Republican Assemblyman Travis Allen's effort to repeal a controversial hike in the state's gas tax appears to have hit a wall. Allen, a candidate for governor, faced a Monday deadline to turn in more than 350,000 signatures to county elections officials to qualify for the November ballot. County officials ...
Google Plus Facebook Twitter Flag as irrelevant
There are lots of things that scare many people: snakes, public speaking, needles, trips to the dentist... and the thought of having your tax return audited by the Internal Revenue Service (IRS). When it comes to tax audits, there's good news and even better news: The odds of getting audited are quite low ...
Google Plus Facebook Twitter Flag as irrelevant
WASHINGTON — The Supreme Court agreed Friday to wade into the issue of sales tax collection on internet purchases in a case that could force consumers to pay more for certain purchases and allow states to recoup what they say is billions in lost revenue annually. Under previous Supreme Court ...
Google Plus Facebook Twitter Flag as irrelevant
Businesses — especially smaller firms — may scale back on treating clients to major league baseball games, golf outings and the like after Congress and President Donald Trump ended a tax break for such entertainment. The tax overhaul that Trump signed Dec. 22 eliminated a 50 percent deduction for ...
Google Plus Facebook Twitter Flag as irrelevant
Under the law as it still stands, cities and states can issue tax-exempt bonds to build stadiums where enormously profitable major league sports teams play. The bonds issued since 2000 alone will ultimately cost the federal government about $3.2 billion over their terms, according to the Brookings ...
Google Plus Facebook Twitter Flag as irrelevant
The majority of changes coming from the recently passed GOP tax reform bill won't go into effect until 2018, but there is one key exception. The bill expands the medical expense tax deduction for two years, and the expansion is retroactive to the 2017 tax year. When tax time rolls around, this change ...
Google Plus Facebook Twitter Flag as irrelevant
How about commentary on the impact of tax cuts? Leerink analyst Ana Gupte calls tax reform "the most important catalyst from the fourth quarter," and other analysts agree. Morgan Stanley analyst Zack Sopcak, for instance, contends that UnitedHealth could see its 2018 earnings boosted by as much as ...
Google Plus Facebook Twitter Flag as irrelevant
Today the U.S. Supreme Court has agreed to hear the case of South Dakota v. Wayfair Inc., paving the way for a pivotal decision in the years-long debate over how to apply sales taxes to online retail activity. Under current Supreme Court precedent (Quill v. North Dakota), online retailers are not required ...
Google Plus Facebook Twitter Flag as irrelevant
WASHINGTON -- The Supreme Court on Friday said it would consider whether states can broadly require online retailers to collect sales taxes even if they lack a physical presence in the state, taking a case that could have a major impact on online commerce.
Google Plus Facebook Twitter Flag as irrelevant
The vast rewrite of the U.S. tax code, the first of its magnitude in more than 30 years, could be a planning headache for taxpayers, including servicemembers. The plan was rushed through Capitol Hill for its Dec. 22 approval, so there's plenty of work facing the Internal Revenue Service, tax experts, ...
Google Plus Facebook Twitter Flag as irrelevant
CNN Money — American corporations are chipper about tax reform. That's been great news for some workers. On Thursday, Walmart became the latest of dozens of companies to announce one-time bonuses related to the new tax law. Notably, the company also said it would raise its minimum wage to ...
Google Plus Facebook Twitter Flag as irrelevant
That's in large part because of the tax reform that passed in 2017, which frees up cash companies have overseas and lowers the corporate tax rate. "We'd love to use the cash to buy and partner to expand our pipeline," Eli Lilly chief financial officer Josh Smiley told Business Insider. The first two weeks of ...
Google Plus Facebook Twitter Flag as irrelevant
Nevertheless, Trump has nailed the tax overhaul, his only historic legislative accomplishment to date, won confirmation of a conservative Supreme Court justice and other federal judges, and used his executive powers with vigor to slice regulations and pull the U.S. away from international accords he ...
Google Plus Facebook Twitter Flag as irrelevant
The quarter included a $3.35 billion one-time boost from writing down its deferred tax liabilities to reflect new U.S. corporate tax rates. While other banks will likely report one-time charges related to the tax law, passed in December, Wells Fargo gets a boost to its bottom line because it will owe less tax in ...
Google Plus Facebook Twitter Flag as irrelevant
Higher taxes on millionaires coming this year? Not so fast, says a report by the outgoing administration of Gov. Chris Christie. The report, released Wednesday, warns of the financial repercussions of spooking wealthy residents into fleeing the Garden State. When the very rich leave, the report says, ...
Google Plus Facebook Twitter Flag as irrelevant
"We are not against taxes," Ukolowicz said in his brewery Thursday afternoon. He estimated that he pays about 11 federal, state and city taxes, and six or seven permitting fees. He said he pays approximately $2,500 monthly on taxes in total and estimated the business property tax is about seven percent ...
Google Plus Facebook Twitter Flag as irrelevant
The Internal Revenue Service, faced with ongoing budget constraints, expects fewer people will be able to have their tax filing questions answered over the phone this year, according to an annual report to Congress from an IRS watchdog. National Taxpayer Advocate Nina Olson, an independent ...
Google Plus Facebook Twitter Flag as irrelevant
State officials say they have launched a two-pronged effort to ensure that savings reaped by Maine utilities from the recently implemented corporate tax cut will be passed on to customers as soon as possible in the form of lower rates. Still, it will likely take several months for ratepayers in Maine to see ...
Google Plus Facebook Twitter Flag as irrelevant
Charging gas taxes based on how many miles people drive instead of how much fuel they burn could pump up revenues to help fix Illinois' roads and bridges, Democratic candidate for governor J.B. Pritzker told the Daily Herald editorial board. Called a vehicle miles traveled or VMT tax, it's an idea worth ...
Google Plus Facebook Twitter Flag as irrelevant
Fiat Chrysler Automobiles is investing $1 billion in a Michigan truck factory and paying worker bonuses in the wake of a U.S. tax cut, gestures that could come in handy amid major policy matters being sorted out in Washington. The Italian-American automaker will share the spoils of a lower corporate tax ...
Google Plus Facebook Twitter Flag as irrelevant
30, 2017, file photo, the sky over The Capitol is lit up at dawn as Senate Republicans work to pass their sweeping tax bill, in Washington. Congress' last major tax overhaul, three decades ago, was everything this year's version isn't. The Tax Reform Act of 1986 won bipartisan support. Its benefits flowed ...
Google Plus Facebook Twitter Flag as irrelevant
This week, large retailers made announcements following the recently passed tax cuts. Walmart raised salaries for hourly workers to $11 per hour and announced one-time bonuses to 1,000 eligible employees, but it also announced the closure of 63 Sam's Club stores and replacement of 3,500 store ...
Google Plus Facebook Twitter Flag as irrelevant
Editor's note: This article is part of a series on tax reform. Read another perspective here. Unless California is trying to break the Guinness World Record for tax evasion, it's hard to see what will be accomplished by the plan put forward by Senate Leader Kevin de León to get around the new federal tax ...
Google Plus Facebook Twitter Flag as irrelevant
NEW YORK (CBSNewYork) – More than 50 people showed up at the Wyckoff Heights Medical Center on Saturday – not for medical advice, but to discuss taxes and how the plan that was passed in Washington might affect them. Congresswoman Nydia Velazquez hosted the event with a panel of ...
Google Plus Facebook Twitter Flag as irrelevant
That works out to $840 per tax filer, substantially more than state forecasters estimated last fall, though savings will vary enormously from taxpayer to taxpayer. And a small percentage of Oregon taxpayers actually face a tax increase under the new tax code, according to the new analysis from the ...
Google Plus Facebook Twitter Flag as irrelevant
The $29 million loss comes as Montana wrestles with lower-than-expected tax collections. State government has already cut more than 100 jobs and trimmed delivery of public services. Kadas has said the only way the revenue loss might be avoided is by calling legislators back to Helena to undo the tax ...
Google Plus Facebook Twitter Flag as irrelevant
President Donald Trump signed the Tax Cuts and Jobs Act on Dec. 22, and national media reports indicated widespread efforts by many Americans to prepay taxes, so filers could take advantage of the state and local tax deduction that was eliminated as a part of tax reform, he explained.
Google Plus Facebook Twitter Flag as irrelevant
Giving gifts to your loyal customers can be a smart move for a lot of reasons: It helps you to build a strong customer relationship, it can be a clever marketing tool, and it can get you a tax deduction. However, you can't just deduct the cost of the gift and be done with it; the IRS has some rather tricky ...
Google Plus Facebook Twitter Flag as irrelevant
Toshiba currently expects to pay corporate income tax of around 470 billion yen for the 2017 fiscal year through March. Of this, about 130 billion yen would be on profits from business operations, and the remaining 340 billion yen would be related to the separation of its memory chip unit and sale to a ...
Google Plus Facebook Twitter Flag as irrelevant
Kelly, D-Chicago, said the GOP's tax plan is economically unfair and its tax increases will eventually hurt most working families. The Republican-controlled House passed the Tax Cuts & Jobs Act Dec. 19 without a single Democratic vote, she said. It passed the Republican controlled Senate the next day.
Google Plus Facebook Twitter Flag as irrelevant
During the debate on tax reform, a number of provisions were initially slated for the chopping block. Changes to popular tax breaks, like the state and local tax deduction, drew criticism from taxpayers in high-tax states, but public outcry eventually convinced lawmakers to pull back on their initial call to cut ...
Google Plus Facebook Twitter Flag as irrelevant
A Republican candidate for governor has failed to collect enough signatures for his proposed ballot initiative to eliminate last year's increase in the gas tax, but he said Friday he's backing another repeal measure instead. Assemblyman Travis Allen blamed legal wrangling over the initiative's official title ...
Google Plus Facebook Twitter Flag as irrelevant
OKLAHOMA CITY (AP) — Public utility regulators from Oklahoma to Massachusetts are considering lowering the rates that homeowners and businesses pay for electricity and natural gas after a federal tax overhaul signed into law by President Donald Trump reduced the corporate income tax rate by 14 ...
Google Plus Facebook Twitter Flag as irrelevant
LINCOLN — Gov. Pete Ricketts asked state senators to join him in a "bipartisan effort" to pass a tax reduction package during last week's State of the State speech. It marked the first time the Republican governor used the word "bipartisan" in any of his four annual addresses to the Nebraska Legislature.
Google Plus Facebook Twitter Flag as irrelevant
The law doubles the estate and gift tax exemption, to roughly $11 million for individuals, but it's scheduled be cut to around $5.5 million in eight years. That may have some ultra-wealthy clients nervous; if they were to die in 2026, they would only be able to pass on half as much wealth to heirs on a ...
Google Plus Facebook Twitter Flag as irrelevant
WASHINGTON—The Supreme Court on Friday said it would consider whether states can broadly require online retailers to collect sales taxes even if they lack a physical presence in the state, taking a case that could have a major impact on online commerce. The justices agreed to hear an appeal by ...
Google Plus Facebook Twitter Flag as irrelevant
In her first Condition of the State address to lawmakers last week, Republican Gov. Kim Reynolds made brief mention of "529 plans" — the tax-free college savings accounts Iowa has sponsored for 20 years — in her pitch for a state income tax code rewrite. Reynolds promised her tax reform plan will ...
Google Plus Facebook Twitter Flag as irrelevant
Jeff Borghoff was 51 years old when he began to experience memory loss and difficulty concentrating at work. The software developer could no longer gather his thoughts. He found himself putting co-workers on hold during conference calls to buy extra time to comprehend what they were saying.
Google Plus Facebook Twitter Flag as irrelevant
It's not that we're overtaxed, despite what you may have read in other, less sensible publications. Really, we don't pay enough in taxes, not if we want to keep having nice things. And that's a bit of a sticky wicket, given that our infrastructure is deteriorating, that too many of our cities are struggling to fund ...
Google Plus Facebook Twitter Flag as irrelevant
CHICAGO (Reuters) - Republican U.S. senators are working with some of the world's biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions ...
Google Plus Facebook Twitter Flag as irrelevant
The San Luis Obispo County Board of Supervisors has agreed to back a 4 percent sales tax on gross receipts from marijuana businesses that will increase 2 percent every year to a maximum of 10 percent — a plan residents will vote on in June. How much cash that could generate for the county ...
Google Plus Facebook Twitter Flag as irrelevant
The new tax law slashed the corporate tax rate to 21 percent from 35 percent. About two-thirds of Group 1 Automotive's 10,000 employees nationwide will receive a cash bonus on March 1. Eligible employees include sales staff, technicians, accountants, receptionists, service call center workers, porters ...
Google Plus Facebook Twitter Flag as irrelevant
Ken Sikkema, senior policy fellow at Public Sector Consultants and a former Republican majority leader in the state Senate, and Darci McConnell, a former journalist and current president and CEO of McConnell Communications, joined Stateside to discuss personal tax exemptions, income tax cuts, and ...
Google Plus Facebook Twitter Flag as irrelevant
WASHINGTON – U.S. Rep. Vern Buchanan, R-Longboat Key, was named chairman of the House of Representatives Ways and Means Tax Policy Subcommittee and will lead efforts to update and fine-tune the $1.5 trillion tax overhaul. The six-term Florida congressman said his goals as chairman of the ...
Google Plus Facebook Twitter Flag as irrelevant
Some state lawmakers are proposing a tax on new mobile devices to help law enforcement pay for investigations involving online crimes against children. House Bill 2389 would create a 40 cent tax on retail sale of wireless devices used to access the internet, such smart phones, tablets or laptops.
Google Plus Facebook Twitter Flag as irrelevant
To the editor: I agree with letter writer Kip Dillinger that the plan being considered by the California Legislature to substitute a deductible tax credit for payment of state income taxes is laughable and will not work for the following additional reasons: First, charitable contributions are deductible minus value ...
Google Plus Facebook Twitter Flag as irrelevant
How Trump's Corporate Tax Cut Is Playing Out For Wal-Mart ... Heard on All Things Considered · John Ydstie 2010 · John Ydstie. Companies like Wal-Mart say tax cuts are making it possible for them to boost wages. But other economic factors could also be contributing to pay increases. Facebook
Google Plus Facebook Twitter Flag as irrelevant
Andrew M. Cuomo's idea to shift some state and local tax payments owed by individuals to a payroll tax paid by employers so many New Yorkers don't lose thousands of dollars under a new federal tax law is supported in concept by many tax policy experts. But others warn there are substantial, perhaps ...
Google Plus Facebook Twitter Flag as irrelevant
WEB
Tax Help @ Your Library
A list of tax help sessions and documents for the public using our libraries.
Google Plus Facebook Twitter Flag as irrelevant
Middleton Tax Services, LLC
Welcome to Middleton Tax Services! 480-835-5712 jc@mts135.com.
Google Plus Facebook Twitter Flag as irrelevant
CTI Tax Solutions
CTI Tax Solutions by IHS Markit help financial institutions and multinational corporations comply with tax rules and cross border payments.
Google Plus Facebook Twitter Flag as irrelevant
Property Tax Information
Property Tax Information. Palm Beach County Tax Collector · Palm Beach County Property Appraiser · Accounts Payable · Budget Information · Financial Reports · Internal Audit Reports · Investment Reports · 1% Sales Tax Quarterly Reports · Lien/Title Searches · Master Fee Schedule · Monthly Financial ...
Google Plus Facebook Twitter Flag as irrelevant
Tax credits
Are you looking to save money on your taxes? Learn about the tax credits that can maximize your tax savings.
Google Plus Facebook Twitter Flag as irrelevant
New federal tax laws means $200 million more for AZ
PHOENIX — State government stands to gain — and Arizona taxpayers stand to lose — more than $200 million because of the federal tax law changes approved by Congress and.
Google Plus Facebook Twitter Flag as irrelevant
How do I export my QuickBooks Self-Employed information to TurboTax Self-Employed?
Sign in to QuickBooks Self-Employed,; Select Tax Checklist in the upper right corner, or from the Annual taxes page, select Show checklist to get started. When you're ready, select Export to TurboTax in the checklist. After the export, you will automatically be signed in to TurboTax using your same user ID ...
Google Plus Facebook Twitter Flag as irrelevant
Carters Tax Service
Home; \; ar; \; alpena; \; Tax Return Preparation. Carters Tax Service. 110 S Center St, Alpena, AR, 72611. (870) 437 - 2502. Category : Tax Return Preparation ,. State & Income Taxes ,. Financial Services ,. Non-Certified Accountants · Claim your listing. Print. 1. +-. Leaflet | © OpenStreetMap. More Info ...
Google Plus Facebook Twitter Flag as irrelevant
1031 Tax Deferred Exchange
This advanced course provides a concise and thorough overview of Internal Revenue Code Section 1031 tax-deferred exchanges. At the conclusion of the course, students will: Understand recent developments including tax reform proposals to eliminate or cap 1031 exchange tax deferral; Understand ...
Google Plus Facebook Twitter Flag as irrelevant
When are tax bills sent and due?
The Town Real Estate & Personal Property tax bills are issued quarterly, but are mailed semiannually. The first two quarters (August 1st and November 1st) are preliminary tax bills and each normally represents one quarter of the prior year's total annual tax. The second two quarters (Feb 1st and May ...
Google Plus Facebook Twitter Flag as irrelevant
Fast Tax
Find local listings of businesses and services near you. Get driving directions, reviews and ratings, phone numbers, addresses and more on Local.com. Top Categories. Entertainment · Restaurants · Health/Medical · Education · Automobile · Shopping. Recent Articles. 01. Affordable Beauty Tips to Help ...
Google Plus Facebook Twitter Flag as irrelevant
Caterers and catering
Are caterers required to collect sales tax? Caterers must collect retail sales tax on their total charge to customers for catering services. This includes the charge for meals, equipment, decorations, as well as the catering service. The caterer must collect sales tax based on the location where the meals are ...
Google Plus Facebook Twitter Flag as irrelevant
2018 Tax Information
Available In-Print Forms and Booklets. The following Federal publications are available in-print and online. Offline printed form publications have been ordered but are not yet available. Not all forms for the 2018 Tax Season have updated on the official IRS site and the following links will directly link to ...
Google Plus Facebook Twitter Flag as irrelevant
You have received this email because you have subscribed to Google Alerts.
RSS Receive this alert as RSS feed
Send Feedback

No comments:

Post a Comment