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Tax News Pages: 79 78 77 76 75 74 73 72 71 70 69 68 67 66 65 64 63 62 61 60 59 58 57 56 55 54 53 52 51 50 49 48 47 46 45 44 43 42 41 40 39 38 37 36 35 34 33 32 31 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1

tax news

House considers tax break for Chile donations (CNNMoney.com)
Taxpayers may still be able to deduct last-minute donations to Chile earthquake relief from their 2009 taxes, if a bipartisan bill introduced in the House on Tuesday is signed into law.
  us.rd.yahoo.com   2010-03-10

Jobless aid measure clears Senate hurdle (AP)
Legislation to give additional months of unemployment benefits to people who have been out of a job for more than half a year cleared a key hurdle Tuesday that guarantees it will soon pass the Senate.
  us.rd.yahoo.com   2010-03-10

Kan. mulling new soda tax, raising other levies (AP)
Kansas would impose a new tax on soda -- a penny for every teaspoon of sugar -- under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.
  us.rd.yahoo.com   2010-03-10

A policy change on abortion, but how radical? (AP)
President Barack Obama's health care bill would change federal policy on abortion, but it would not open the spigot of taxpayer dollars as some abortion opponents fear.
  us.rd.yahoo.com   2010-03-10

Shares of bailed out companies surge (AP)
Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake in Citigroup Inc. raised hopes that other bailed-out companies would follow.
  us.rd.yahoo.com   2010-03-10

Highlights of Senate jobless aid bill (AP)
Highlights of Senate legislation extending unemployment insurance and expired tax breaks: --Tax relief: Extends through 2010 a variety of popular tax breaks that expired at the end of 2009, including an individual income tax deduction for sales and property taxes, and a business tax credit for research and development.
  us.rd.yahoo.com   2010-03-10

Taxpayers abroad can limit US taxes (Bankrate.com)
Shorten Uncle Sam's global tax reach by claiming the foreign income exclusion. Here are some rules.
  us.rd.yahoo.com   2010-03-10

Senate to pass jobless aid, business tax breaks (AP)
Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.
  us.rd.yahoo.com   2010-03-10

Kan. mulling new soda tax, raising other levies (AP)
Kansas would impose a new tax on soda -- a penny for every teaspoon of sugar -- under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.
  us.rd.yahoo.com   2010-03-10

Union sues for vote on $300M NJ casino tax break (AP)
An Atlantic City casino workers union filed a lawsuit Tuesday seeking to let the public vote on whether a new mega-casino should get $300 million in state tax breaks.
  us.rd.yahoo.com   2010-03-10

Oil gives much-needed boost to OK state revenues (AP)
For the first time in more than a year, the state collected more revenue than expected last month, a sign that Oklahoma's sluggish economy may be emerging from a recession that blew a gigantic hole in the state's budget, State Treasurer Scott Meacham said Tuesday.
  us.rd.yahoo.com   2010-03-10

Mass. Senate OKs city of Lawrence finance bill (AP)
The Massachusetts Senate approved a bill Tuesday allowing the city of Lawrence to float up to $35 million in municipal bonds to balance its budget after rejecting a GOP amendment to immediately place the city under a state-appointed finance control board.
  us.rd.yahoo.com   2010-03-10

Britain confronts debt of Greek proportions (AP)
Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting.
  us.rd.yahoo.com   2010-03-10

Idaho panel will consider Internet sales tax push (AP)
The Idaho House's famously tax-leery Revenue and Taxation Committee voted to at least consider joining a nationwide push aimed at eventually collecting sales taxes on Internet or catalog sales to bring in millions of dollars more in revenue.
  us.rd.yahoo.com   2010-03-10

House votes for faster tax breaks for Chile gifts (AP)
The House has passed a bill that would allow taxpayers to write off charitable donations to Chile earthquake relief efforts when they file their 2009 taxes this spring.
  us.rd.yahoo.com   2010-03-10

Obama pushing on health care end game (AP)
President Barack Obama is pushing a new anti-fraud plan and his top health official is challenging the nation's insurers as the administration cranks up the pressure for a sweeping overhaul of the nation's medical system.
  us.rd.yahoo.com   2010-03-10

50% rate make London tax capital of world
London will become the most highly taxed financial centre in the world when the new 50% income tax rate for those earning £150,000 or more begins next month
  thisismoney.co.uk   2010-03-09

Doors Open For Nuclear Power, Yet New Plants Face Big Hurdles (Investor's Business Daily)
Nuclear power has been politically radioactive for decades. But the half-life of opposition seems to have faded, especially when weighed against the alternatives. Nuclear generators are more reliable than solar and wind power, and cleaner than plants using coal and other fossil fuels.
  us.rd.yahoo.com   2010-03-09

3 ways to pay for a Roth IRA conversion (Bankrate.com)
Taxpayers can get a break in 2010, but they still have to find funds to pay for an IRA conversion.
  us.rd.yahoo.com   2010-03-09

Boomer dilemma: traditional or Roth IRA (Bankrate.com)
These pros and cons will determine what's best for each 40- and 50-something saving for retirement.
  us.rd.yahoo.com   2010-03-09

7 steps to a 2010 Roth IRA conversion (Bankrate.com)
Uncle Sam is offering IRA-conversion perks this year. Here's how you can capitalize on them.
  us.rd.yahoo.com   2010-03-09

Uncle Sam can help pay some adoption costs (Bankrate.com)
Uncle Sam gives you a tax break to help defray some of the costs of your new family member.
  us.rd.yahoo.com   2010-03-09

4 steps to undo a Roth IRA conversion (Bankrate.com)
Follow these four helpful hints to correctly recharacterize your Roth to a traditional IRA.
  us.rd.yahoo.com   2010-03-09

Ga. revenues continue to plunge for 15th month (AP)
Georgia's tax collections tumbled for the 15th straight month, setting the stage for yet more deep cuts to the state's already battered budget.
  us.rd.yahoo.com   2010-03-09

Ky. tax bill opponents will miss out on projects (AP)
Kentucky House members who opposed a revenue measure linked to balancing the next state budget will be empty-handed when school construction projects are doled out as part of the spending plan, Speaker Greg Stumbo said Monday.
  us.rd.yahoo.com   2010-03-09

Revenue picture worsens for Vermont budget (AP)
Vermont's state revenues were significantly short of their target for February, raising new concerns about the state's economy and fiscal outlook.
  us.rd.yahoo.com   2010-03-09

A policy change on abortion, but how radical? (AP)
President Barack Obama's health care bill would change federal policy on abortion, but not open the spigot of taxpayer dollars that some abortion opponents fear.
  us.rd.yahoo.com   2010-03-09

 

tax news

Tenn. bill would stamp income tax unconstitutional (AP)
The sponsor of a measure that would declare an income tax and payroll tax unconstitutional in Tennessee says it's necessary because of the poor state of the economy.
  us.rd.yahoo.com   2010-03-09

House considers tax break for Chile donations (CNNMoney.com)
Taxpayers may still be able to deduct last-minute donations to Chile earthquake relief from their 2009 taxes, if a bipartisan bill introduced in the House on Tuesday is signed into law.
  us.rd.yahoo.com   2010-03-09

Idaho public TV budget cut; gov sought larger trim (AP)
The television station that broadcasts the Idaho Legislature, "Sesame Street" and other shows across the state appears likely to escape budget cuts of the magnitude Gov. C.L. "Butch" demanded when the 2010 session started.
  us.rd.yahoo.com   2010-03-09

Anti-Tax group rallies at Georgia Capitol (AP)
Tax hike opponents warned Georgia legislators not to raise taxes to balance the state's budget. The rally Tuesday was headlined by Grover Norquist, head of the national anti-tax group Americans for Tax Reform.
  us.rd.yahoo.com   2010-03-09

Can I double tax-free redundancy cash?
Is it possible to split a redundancy payment over separate tax years so I can qualify for two tax-free £30,000 payments?
  thisismoney.co.uk   2010-03-08

IRS holds $1.3 billion in unclaimed refunds (Bankrate.com)
The IRS wants to hand out $1.3 billion in refunds that were never claimed. Is any of it yours?
  us.rd.yahoo.com   2010-03-08

AIG to sell Alico unit to MetLife for $15.5 billion (CNNMoney.com)
AIG agreed Monday to sell its American Life Insurance Co. unit to MetLife Inc. for $15.5 billion in cash and stock, in beleaguered AIG's second sale of an international unit in a week.
  us.rd.yahoo.com   2010-03-08

Realtors plan may be preview of NC politics ahead (AP)
State Board of Elections Chairman Larry Leake didn't want to hear about a new U.S. Supreme Court ruling that opens the doors to more direct corporate and union involvement in political campaigns while he weighed evidence whether the North Carolina Association of Realtors broke the law in 2008.
  us.rd.yahoo.com   2010-03-08

Wyo. lawmakers position the state for hard times (AP)
Judging from the financial mayhem that's going on in other states around the West, Wyoming lawmakers accomplished a remarkable feat when they closed the books on a balanced budget last week without raising taxes.
  us.rd.yahoo.com   2010-03-08

Hawaii gov expected to sign jobless tax relief (AP)
Hawaii Gov. Linda Lingle is expected to sign into law this week a measure reducing an increase in businesses' unemployment taxes.
  us.rd.yahoo.com   2010-03-08

Wash. Legislature enters final days of session (AP)
As Washington state lawmakers enter the final stretch of the 60-day legislative session, majority Democrats are trying to negotiate how best to bridge a $2.8 billion budget deficit, a task that offers a fundamental political dilemma.
  us.rd.yahoo.com   2010-03-08

Idaho agency begins path toward self-sufficiency (AP)
The Department of Parks and Recreation was started down a path that Gov. C.L. "Butch" Otter hopes will mean the agency pays for itself, rather than relying on taxpayer money to help keep 30 state parks across Idaho open.
  us.rd.yahoo.com   2010-03-08

Portugal adds austerity measures (AP)
Portugal announced new austerity measures Monday to avoid a debt crisis like the one engulfing Greece, cutting welfare benefits and government hiring as well as selling assets and raising taxes on the well-off.
  us.rd.yahoo.com   2010-03-08

Developers quietly add tax at some Missouri stores (AP)
Every day consumers who shop at hundreds of stores across Missouri pay pennies -- or dollars -- more on each purchase they make, because some stores impose an extra sales tax on which voters don't get a say.
  us.rd.yahoo.com   2010-03-07

Medallion Financial lost $5.7 million in 4th qtr (AP)
Medallion Financial Corp., a finance company serving the taxicab industry, said Friday it swung to a $5.8 million loss in the fourth quarter as it made allowances for investments that are no longer being pursued.
  us.rd.yahoo.com   2010-03-07

Iowa economist predicts improvement by summer (AP)
A leading economist who advises Gov. Chet Culver predicted Friday that Iowa's economy will stay flat for much of the spring but should perk up by summer.
  us.rd.yahoo.com   2010-03-07

Obama's Planned Fiscal Squeeze Could Choke Economic Recovery (Investor's Business Daily, Inc.)
The White House projection that the deficit will narrow by 5.5% of GDP in just two years has to be considered a long shot for economic and political reasons. Outside of demobilization from war, only one other period saw a two-year fiscal contraction even half as great.
  us.rd.yahoo.com   2010-03-07

Congressional estimates show grim deficit picture (AP)
A new congressional report released Friday says the United States' long-term fiscal woes are even worse than predicted by President Barack Obama's grim budget submission last month.
  us.rd.yahoo.com   2010-03-07

Survey: Greeks divided on austerity measures (AP)
Greeks are ambivalent about a new austerity package announced this week and are against most of the specific measures -- unless they affect people they consider privileged, according to a new survey released Saturday.
  us.rd.yahoo.com   2010-03-07

Citigroup's string of bailouts, at a glance (AP)
Citigroup Inc. CEO Vikram Pandit appeared in Washington on Thursday to tell bailout overseers that today's Citi is not the tangled behemoth that required more than $45 billion from the government to survive the financial crisis.
  us.rd.yahoo.com   2010-03-06

House passes jobs bill despite doubts (AP)
Despite doubts among many lawmakers that it will create many jobs, the House on Thursday passed legislation giving companies that hire the jobless a temporary payroll tax break. The measure passed 217-201 on a mostly party-line vote.
  us.rd.yahoo.com   2010-03-06

House passes jobs bill despite doubts (AP)
Despite doubts among many lawmakers that it will create many jobs, the House on Thursday passed legislation giving companies that hire the jobless a temporary payroll tax break. The measure passed 217-201 on a mostly party-line vote.
  us.rd.yahoo.com   2010-03-06

Looking for work? Don't forget about these deductions (CNNMoney.com)
Job hunting can be expensive. The costs of hiring career coaches, printing hundreds of résumés at Kinko's and flying out for weekend job interviews can really add up, especially for someone who doesn't have an income.
  us.rd.yahoo.com   2010-03-06

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