Tax Law

Under corporate tax law, interest paid on debt is tax deductible, a feature of the U.S. tax code that is often abused and that critics say unwisely favors debt over equity. Reformers say this so-called debt bias could be limited … Continue reading →

Why? Because of the tax law change in 1986, the repeal of General Utilities doctrine that imposes a tax on the liquidation or conversion of a corporation into an LLC. The liquidation tax prevents PSC, C, and S corporations from … Continue reading →

Belgium was without a government for over a year following its last elections in June 2010. The new government was finally established in December 2011 and, since then, a number of important rules in labour, social security and tax law … Continue reading →

2012 Edition of Assessment Law; Countywide Reassessments; Annual Property Valuations Appeals; and Welcome Stranger. Excerpt from Countywide Reassessments Lehigh, Lebanon, Erie, Allegheny and Bedford County all are conducting countywide reassessments this year.

The Robin Hood tax would help solve that problem. The impending cuts include $321 billion slashed over a decade from programs that help everyday working people, including cancer research, farm inspectors and federal grants to cities for law enforcement.

and maintaining a knowledge of the latest tax law is important. Both aspiring and registered tax professionals seek out training opportunities to stay atop the tax field, and one of the biggest of these is the annual IRS Nationwide Tax … Continue reading →

WASHINGTON – Should Congress use scarce gas tax funds to try to coax states into cracking down … they receive on anti-distracted driving programs, such as beefed-up law enforcement targeting distracted drivers and advertising on the dangers …

A CALL by Liberal Democrat former minister David Laws for deeper tax and spending cuts was widely welcomed yesterday – but was also set to cause friction with colleagues in his party. Mr Laws, former Chief Secretary to the Treasury, … Continue reading →

When the Coalition was formed in May 2010 many Conservatives looked on Mr Laws as a man they could do business with – a former City high-flyer who understood the need for austerity, public-sector reform, low taxes and policies that … Continue reading →

Lawmakers have several options. They could do nothing, stick to current law, and let the economy go over the fiscal cliff. This would solve the sustainability problem, at least on paper: Higher tax revenues and lower spending would make future … Continue reading →