Tax Law
Online tax effort gains traction, as supporters seek to level playing field between retail stores and Internet merchants – FOX News
If you’ve ever bought a product on the Internet, and live in any one of the 45 states that collect sales taxes, you might be a tax cheat… not that the IRS particularly cares. But a new bill, called the … Continue reading
Money Matters | Can you benefit from Kansas tax law changes? – Kansas City Star
Members of the local chapter of the Financial Planning Association gathered in Lawrence to hear two distinguished government officials on two key topics: taxes and medical insurance. Kansas Secretary of Revenue Nick Jordan brought us up-to-date …
NY offering more film business tax credits – CNBC
ALBANY, N.Y. – Gov. Andrew Cuomo has signed a new law intended to draw more filmmakers to New York for post-production work through bigger tax credits. According to the governor’s office, film and television producers have spent more than $7 … Continue reading
Retailers, lawmakers revive call for Internet sales tax – NBCNews.com
Bernstein says tax laws must be applied equally, whether a customer goes to a store, shops on their computer or orders from a catalog by telephone. Otherwise, she argues, the government is giving “a tax advantage” to one type of … Continue reading
Romney May Have Paid No Federal Income Tax From 1999 to 2001 – Huffington Post
It is true that Romney suffered capital losses on his investments in 2009 that might act to shield much of his income in that year from taxes, but he would have to be a complete idiot to allow his tax … Continue reading
Billionaires May Win as Democrats Split Over Estate Tax – Bloomberg
One other reason, said Paul Caron, a law professor at the University of Cincinnati, is the “brilliant” public-relations move by estate tax opponents, who rebranded the issue as the “death tax,” making it unpopular even among those who …
Apple squirreling phantom tax funds, hiding billions in profit – Abc Local Web
… of its tax strategies or why it records tax liabilities that other multinationals avoid. “Apple has conducted all of its business with the highest of ethical standards, complying with applicable laws and accounting rules,” the Cupertino, Calif.,
Pair inherits $65M sculpture, but can’t sell it to pay $29M tax bill – FOX News
“We are hopeful for it to be resolved before a trial,” tax attorney Ralph Lerner told FoxNews.com. Federal law makes it a crime to possess, transport, sell or otherwise convey a bald eagle, whether it is alive or, as in … Continue reading
Isn’t Foreign Account Tax Compliance a Good Thing? – Wall Street Journal
William McGurn’s comment on the looming danger of the Foreign Account Tax Compliance Act (Fatca) is right on the money—literally (“Obama’s IRS Snoops Abroad,” Main Street, July 17). As he notes, most Americans have never heard of Fatca, but that … Continue reading
Cuba approves new tax law – india.nydailynews.com
Havana, July 24 — The Cuban parliament has approved a new tax law designed to cope with the country’s growing private sector. The Tax System Act, which stipulates 25 categories of taxes, will come into force in January 2013 and … Continue reading