House Speaker Kirk Adams said Friday he fully expects legislation to come forward in the next session that will address Arizonaâs Private School Tuition Tax Credits.House Speaker Kirk Adams said Friday he fully expects legislation to come forward in the next session that will address Arizonaâs Private School Tuition Tax Credits.
Last week, Adams, R-Mesa, announced [...]
Nampa Classical Acad. v. Goesling, ____F.3d_____(D. Idaho May 17, 2010), is an interesting case. The U.S. District Court of Idaho held that the Idaho Public Charter School Commission (âthe Commissionâ) did not violate the Constitutional rights of a charter school…
New Connecticut tax laws set to go in effect tomorrow bring new fees and tax increases in Connecticut. Changes include: Cigarette tax jumps from $2 to $3 a pack
Most bottles of water will cost a nickel more because of an expanded bottle and can redemption law
Hundreds of state licenses and fees, ranging from a pet shop [...]
An outside audit released Monday found numerous problems in a tax incentive program designed to encourage filmmakers to come to Iowa, but the extent of the violations is hard to tell because the bookkeeping was so sloppy.
The audit by West Des Moines accounting firm Clifton Gunderson LLP noted it found invoices and receipts for only [...]
A tab of more than 70 million a year is what it will cost to enforce tougher Wisconsin drunk driving laws, some five time more than originally thought. Some lawmakers are pushing a higher liquor tax to pay for it.
The state’s liquor tax would increase by 50 cents a pint under a plan approved Tuesday [...]
Most of us think that the IRS watches movie stars or politicians or people in the public eye more closely, but that is not necessarily true! The IRS watches everyone, so don’t be surprised if – boom! – the IRS files a tax lien against you because you owe them money! Whether you are rich and famous or a hard-working American, you must pay your fair share of taxes. If you feel Related posts:
In recent tax relief news, the Seventh Circuit Court of Appeals ruled that the IRS can continue to apply the two-year deadline for taxpayers looking to file for “innocent spouse” relief. Basically, this treasury ruling upholds that taxpayers claiming innocent spouse tax relief must make their claims within 2 years of the IRSâs commencement of collection action. Related posts:
What is meant by an âinnocent spouseâ?
Answer: When you and your spouse file a joint
“Nothing concentrates a man’s mind like the prospect of being hanged in the morning.”
- Samuel Johnson -
The New York Daily News reports that day-trader Marcos Esparza Bofill has been hit with a $172,000,000 IRS tax bill:
He failed as a day-trader and barely survived in New York on a beer budget, but Marcos Esparza Bofill has been hit [...]
Are you looking for a tax attorney who can solve your every tax issue; whether its tax preparation or taking you out of the complicated mess of tax debts? Today, you can find tax attorneys easily however, the genuineness is not guaranteed. It is because majority of them are lawyers who have just taken a [...]
Sen. Olympia Snowe says Congress and the Obama Administration should take advantage of the recession and reform the nation’s tax code. Snowe says trying to comply with the overly complex tax laws is costly for individuals and businesses and their complexity is causing the nation to lose as much as $340 billion in uncollected taxes.
“We [...]
Governor Ed Rendell signed Pennsylvania’s budget behind closed doors just before 9 o’clock Friday night.
The governor barred the media from witnessing his signature on the spending plan.
“I believe there’s no reason to celebrate the signing of the budget,” Rendell said, trying to explain the private signing.
Rendell said the $27.8 billion appropriations bill cuts spending by [...]
NEW DELHI: The Union Cabinet on Thursday approved a new set of direct tax rules that proposes to raise income tax exemption limit from 1.6 lakh to 2 lakh, leaving more money in the hands of individuals, and a lower tax rate for companies.
The much-awaited Direct Taxes Code, or DTC, Bill, which seeks to replace [...]
Orange County tax attorneys took note when the IRS announced Thursday that it would drop its court case against the Swiss bank UBS. Apparently the the Swiss government prepared to release details on thousands of American clients with offshore bank accounts in Switzerland who are…
Fox v. Traverse City Area Pub. Sch., ___F.3d___(6th Cir. May 17, 2010), is an interesting case. the 6th Circuit held that a teacher whose contract was not renewed failed to state a valid First Amendment retaliation claim. The court held…
Nominated by President George W. Bush, Member Peter C. Schaumber leaves office today after having served two terms. After his first confirmation by the United States Senate, he took his seat on the Board in December 2002. He was named…
Even if a homeowner’s property assessment magically soars in Prince George’s County amid a severe real estate downturn, the county won’t be able to reap the benefits next year because of a complex system of tax laws.
The County Council is poised to pass legislation regarding the Homestead Property Tax Credit, a statewide tax limit designed [...]
The Internal Revenue Serviceâs investigation into Americans who use foreign banks to evade taxes has all the elements of a Hollywood thriller.
Criminal indictments that have come from the investigation detail complex financial deals, complete with secret communications and people traveling to Hong Kong, Switzerland and the Cayman Islands to have secret meetings with their bankers. [...]
On its Web site, Talbots boldly says it offers clothing “to flatter women of all shapes and sizes.” But the preppy Massachusetts-based retailer just failed in its effort to hide something else: taxable income from its home-state taxman.
In a recent little-noticed opinion full of fascinating detail, the Massachusetts Appellate Tax Board said Talbots ( TLB [...]
Another case of the rich and famous owing back taxes to the IRS! In recent news, California’s lieutenant Governor, Abel Maldonado’s family paid $111,146 in back taxes to the IRS last month, after the government placed a tax lien on the business, the family farm. Related posts:
The governor’s father and brother paid the back taxes sum, though stating they were doing so “under protest” as they were disputing the charge. According to the
You would never guess this one. The correct answer is “teacher.” A Fox News story about this is available here and a Wall Street Journal Health Blog is available here. Mitchell H. Rubinstein