Posts Tagged ‘tax
Supreme Court tax case to determine extent of IRS enforcement authority
Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – The U.S. Supreme Court plans to issue a ruling in a corporate tax shelter case this spring at a time of uncertainty in the tax laws. Some tax breaks for individuals and corporations are scheduled to expire next month but Congress is [...]
Supreme Court tax case to determine extent of IRS enforcement authority
Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – The U.S. Supreme Court plans to issue a ruling in a corporate tax shelter case this spring at a time of uncertainty in the tax laws. Some tax breaks for individuals and corporations are scheduled to expire next month but Congress is [...]
Quebec set to get $2.2 billion for harmonized sales tax implementation
Vittorio Hernandez – AHN News Quebec City, Quebec, Canada (AHN) – After waiting for almost 20 years, Quebec will receive on Friday $2.2 billion from the Canadian federal government for implementing the harmonized sales tax in 1992. The belated payment is expected to end the dispute between Ottawa and the French-speaking province that had been [...]
Changing laws challenging IRS workforce
Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – The already stretched Internal Revenue Service (IRS) workforce is finding it hard to “maintain a quality workforce and enforce tax laws in an environment of changing tax legislation,” according to a review of IRS tax compliance statistics conducted by the Treasury Inspector General [...]
Bill To Bar Abortion Tax Subsidies Passes House
Lawmakers in the House have voted to pass a bill that would ban tax subsidies for many private insurance plans that include coverage for abortions services. The bill would make permanent an existing law that Congress has renewed every year since the 1970s. View full post on All Stories
Fire insurance proceeds nontaxable
Knoxville-area accountants are offering advice through our Tax Tips columns, which will appear each Saturday in the Business section until the April 18 IRS deadline. This week, Knoxville-area CPA … View full post on All Stories
Chancellor derails Scots tax powers
GEORGE Osborne’s plan to merge income tax and national insurance threatens to delay the Scotland Bill which hands more powers to the Scottish Parliament, politicians and e View full post on All Stories
Tax credit lets Phoenix pave way to area lending
Phoenix will have access to $53 million in tax credits that it will use to bolster businesses and non-profit organizations in low-income areas. View full post on All Stories
Pearl River trimming down its 2010 budget
Facing a drop in sales tax revenue, increased insurance cost and a decrease in traffic fines being paid, the Pearl River Board of Aldermen is having to make some drastic cuts to the 2011 budget – cuts that may mean the death of two community events. View full post on All Stories
Clegg speaks up for ‘alarm clock UK’
Deputy prime minister begins campaign to help people on middle and low incomes who are anxious about their standard of living Nick Clegg will today begin his campaign to speak up for what he describes as “alarm clock Britain” – people on middle and low incomes who are anxious about their standard of living – [...]
