Tax Law

Tax Lien Sales: Elderly Are Losing Homes While Investors Reap Profits – Jefferson City News Tribune Online

Outdated state laws that permit local governments to sell property through a tax lien foreclosure process if the owner falls behind on property taxes (owing as little as $400) are fueling a second nationwide foreclosure calamity, according to a …

Amazon reportedly eyes same-day delivery while Michigan retailers continue to fight for online sales tax law (with poll) – MLive.com

LANSING, MI — The clash between Amazon.com and brick-and-mortar retailers continues as the e-commerce giant looks to set up more distribution centers nationwide with the goal of offering same-day delivery. Seattle-based Amazon, which is …

Tax Lien Sales: The ‘Other’ Foreclosure Problem Plagues Elderly Homeowners – ABC News

Called the “other” foreclosure crisis, property tax lien sales are enabled by state and local laws that allow the sale of a property through a tax lien foreclosure process if the owner falls behind in property taxes or other bills, … Continue reading

Carbon Tax Complaints Reach 630 in 10 Days – ACCC – Int’l Business Times

Ten days after Australia implemented its $23-a-tonne carbon tax law, the country’s competition watchdog said it has received a total of 630 complaints against it. Still, the Australian Competition and Consumer Commission (ACCC) claimed the …

House Conservatives Challenge Obamacare with Religious Freedom Tax Repeal Act – Big Hollywood

Two conservative members of Congress, Jim Sensenbrenner (R-WI) and Diane Black (R-TN), introduced the Religious Freedom Tax Repeal Act of 2012, H.R. 6097, on the floor of the House of Representatives on Tuesday.  The bill, which has 55 …

Best Tax-Savings Advice for Medical Costs – YAHOO!

The U.S. Supreme Court’s landmark decision in late June upholding the individual mandate in the Patient Protection and Affordable Care Act means that a number of federal tax-law changes scheduled for 2013 will go into effect. Be prepared!

End the Bush tax cuts and start over – CNN

Second, the net tax rate businesses actually pay on new investment and new hires, not the tax rate listed in the tax law, is what should drive business choices. The “effective tax rate” takes into account that small businesses can … Continue reading

Poll: Most voters say ACA means tax hike – United Press International

HAMDEN, Conn., July 12 (UPI) — Most U.S. voters say the healthcare law amounts to a tax increase, but more voters back the Supreme Court decision on the law than oppose it, a poll shows. Asked if they believe the … Continue reading

Texas tax law can be perplexing, even to experts – The Business Journal

At the heart of most tax controversy is a difference of opinion — namely an employer’s opinion of how tax laws should be interpreted, versus the opinion of the IRS and the courts. Some Texas businesses, for example, are of … Continue reading

Tax Ramifications of the Supreme Court’s Ruling on the Democrats’ Health Care Law – DAILY KOS

Chairman Davis and Ranking Member Levin, thank you for the opportunity to submit my comments on this topic. We must note that because the law is actually part of the U.S. Code, it applies to all of us. As we … Continue reading