Tax Law

Affordable Care Act: Choose Insurance, Not Tax – The Ledger

The U.S. Supreme Court’s June 28 ruling that the Affordable Care Act’s “individual mandate” is a tax gives opponents of health care reform a new rallying cry. Faced with the court-imposed reality that the Affordable Care Act is constitutional …

Oregon Cannabis Tax Act (Initiative 9) Makes the Oregon Ballot – Salem-News.Com

Common-Sense Marijuana and Hemp Regulation Makes Oregon Ballot. Aerial photo of Oregon Capitol by Tim King Salem-News.com (PORTLAND, OR) – Moments ago, the Oregon Secretary of State’s Office certified Initiative 9, the Oregon Cannabis Tax Act, which will …

Tax expert questions dealing with the ‘dead’ – Arizona Daily Sun

PHOENIX — The way Adam Chodorow sees it, there’s a big gap in federal estate and income tax laws: They don’t deal with zombies. It’s not that the law professor and tax expert at Arizona State Universities expects hordes of … Continue reading

Glendale business group files lawsuit vs. sales-tax hike – AZCentral.com

A business group aiming to overturn Glendale’s 0.7 percent sales-tax hike filed a lawsuit against the city Friday, claiming it rejected petition documents “based on several misinterpretations of the law.” Last week, Save Glendale Now submitted …

Politicians waste tax money with prevailing wage laws – Sacramento Bee

Re “Will cities seize the opportunity of wage ruling?” (Editorials, July 11): The Bee’s editorial is a real public service. Although most voters have probably heard of a prevailing wage law, I’ll bet most did not realize what it meant … Continue reading

Rich Passing Up $10 Million Opportunity to Gift Tax-Free – Bloomberg

John Glass expanded his family business to more than 90 employees from seven workers over four decades. Last year, U.S. tax laws prompted him to gift about $2 million of company stock to his three daughters. Glass, 70, and his … Continue reading

Tronconi Segarra & Associates LLP Adds State and Local Tax Expertise – YAHOO!

“Simply put, the individual states have created highly complex, industry-specific sales and use tax laws that can vary dramatically from one state to another. We see many companies who are overwhelmed by this complexity and find it difficult to manage … Continue reading

IRS denials a worry for political tax-exempt groups: attorneys – YAHOO!

The IRS announced its final decision in May. In June the IRS said it denied 501(c)(4) tax-exemption for an unnamed political group also under the private benefit doctrine. The IRS is barred by law from disclosing the group’s name and … Continue reading

Mitt Romney Says He’s Unlikely To Release More Than Two Tax Returns – Huffington Post

LACONIA, N.H. — Likely Republican presidential nominee Mitt Romney says he’ll only release to the public one more tax return – and not until his accountants complete it. Romney tells CNN he’s complied with the law by filing a financial … Continue reading

The Discerning Person’s Guide To The Tax Blogosphere – Forbes

He hurls imprecations at the idiots in Congress, who make a mucking fess out of the tax law, grumbles about the GD extensions that require him to actually work between May and October and sometimes has harsh words for CPAs, … Continue reading