Tax Law
The Morning Plum: Obama shifts hard to tax fairness – Washington Post
Dems believe tax fairness is a particularly potent issue against Romney … Scott Brown and the GOP would be taking away from people by fully repealing the law. The Massachusetts law — backed by Mitt Romney and Brown — was … Continue reading
South Africa: Promulgation of Tax Administration Act, 2011 – AllAfrica.com
The Tax Administration Bill was promulgated into law yesterday (Act 28 of 2011) in Government Gazette 35491 of 4 July 2012. In terms of section 272 of the Act, the Act will come into operation on a date to be … Continue reading
Parties split on Obama tax plan – msnbc.com
because the higher tax rates of the Clinton years were inserted for future years to make the math work and allow the bill to become law. Back then, Democrats couldn’t muster the support to end the tax cuts for the … Continue reading
Obama to call for Bush tax cut extensions for those making less than $250,000 – CNN
… in what’s known as the “fiscal cliff,” a package of spending cuts and removal of tax breaks that will take place on January 1 if Congress fails to act. In total, they could add up to $7 trillion. Tax … Continue reading
IRS to police both taxes and health care law – WRAL
The question is being renewed in the wake of the Supreme Court’s decision upholding most of the 2010 Affordable Care Act as a tax issue rather than one of interstate commerce. Nearly 2½ years before taxpayers will have to start … Continue reading
Income tax return: 9 deductions to claim – Economic Times
But there are also some inconspicuous sections of the Income Tax Act, which offer further savings to taxpayers. If you satisfy certain conditions, you can use these to bring down your tax liability. The problem is that many tax filing … Continue reading
The Facts on Tax Cuts – Huffington Post
In fact, the President’s proposal extends tax cuts for 97 percent of all small business owners in America. If Congress fails to act, a typical middle-class family of four will see its taxes go up by $2,200, and America’s small … Continue reading
Quinn signs veterans’ tax credit increase into law – St. Louis Post-Dispatch
Legislation that gives Illinois employers more incentive in hiring veterans by doubling the state’s income tax credit was signed into law Monday. Gov. Pat Quinn signed the bill that increases the tax credit from 10 percent to 20 percent of … Continue reading
We’ve seen this “tax you now, tax you never” act too many times before – Dallas Morning Views Blog
All any American should seek from Congress and the White House is a modicum of rational behavior. As in if you’re in a sinking boat, you don’t ignore the leak in the other guy’s end of the boat because it is not in … Continue reading
Obama to call for Bush tax cut extensions for those making less than $250K – CNN
… in what’s known as the “fiscal cliff,” a package of spending cuts and removal of tax breaks that will take place on January 1 if Congress fails to act. In total, they could add up to $7 trillion. Tax … Continue reading