Tax Law 
Get Ready for the New Investment Tax – Wall Street Journal
WSJ’s Laura Saunders digs deep inside the affordable health-care law affirmed by The Supreme Court this week and reveals a little-known income tax that many call a game-changer. Photo: AP. It really is happening. Until this week, investors were …
Tax or Penalty? Both Campaigns Are Quick to Define Court’s Health Care Ruling – New York Times
President Obama’s supporters insisted the law’s penalty for people who do not buy health insurance is not a tax, but a penalty — as Mr. Obama has long maintained. And while Republicans rushed to call it a tax — and … Continue reading
2013 IRS Establishes New Tax Laws: Can You Afford To Give Anymore Money To The IRS? – San Francisco Gate
Everyone is feeling the economic crunch. While there are some ways to cut corners…business savvy people know that with the new tax laws in place… the last thing a small business owner should do is the company tax returns. For … Continue reading
Grand jury: Santa Ana may have broken law with tax district – Los Angeles Times
A special downtown Santa Ana tax aimed at “gentrifying” a predominantly Latino shopping district may have been illegal and should be investigated by county prosecutors, a grand jury panel announced Thursday. The grand jury is calling on the …
The Benefits of ACA and the Uncertainty That Its Mandate Is A Tax – Huffington Post
After all, if ACA’s penalty for not buying insurance is a tax, it cannot be challenged until after it is paid, here that would be after April 15, 2015. But for purposes of this Anti-Injunction Act, Roberts wrote, “The Affordable … Continue reading
Tax hike on miniature cigars among host of new Maryland laws – Baltimore Sun
At a corner store in Pigtown, the bad news spread that taxes on mini-cigars will jump more than four-fold, to 70 cents on the dollar. “Oh, man, you know they’re about to go up on cigarillos?” Shawn Mason, 32, told … Continue reading
Penalty vs. tax: Health care law ruling depended on definition – NJ.com
Thursday’s landmark decision on the health care reform law may have turned on a single word. In the Supreme Court’s 5-4 ruling, the five justices found the federal government has constitutional authority to levy a fine on anyone who refuses … Continue reading
IRS steps up scrutiny of tax-exempt political groups – YAHOO!
The IRS has been corresponding with such groups and is preparing questions to ask them as part of effort to determine whether their fundraising or advertising work runs afoul of tax law. IRS spokesman Terry Lemons said on Thursday the … Continue reading
GOP shakes off shock of health care ruling, then seizes on tax message – CNN
The chief justice decided that the individual mandate in the law that required Americans to carry health insurance was a tax, which Congress was allowed to levy. Republicans seized on that argument and planned to turn it to their advantage.
Is the Obama health-care law a huge tax increase? – The Christian Science Monitor
“Obamacare raises taxes on the American people by approximately $500 billion,” said Mr. Romney, responding to the Supreme Court’s historic health-care ruling outside the Capitol on Thursday. For good measure, American Crossroads, the most …
