Year-end tax planning is especially challenging this year because Congress has yet to act on a host of tax breaks that expired at the end of 2013. Some of these tax breaks may be retroactively reinstated and extended, but Congress may not decide the fate of these tax breaks until the very end of this year (and, possibly, not until next year). Show More Summary
Voters flocked to the polls across Wichita on Tuesday, drawn by tightly contested races and a proposed sales tax increase.
The Hungarian government is shelving its plan to tax internet data transfer by the gigabyte, following protest rallies attended by thousands of concerned citizens in Budapest since last week, reports Reuters. Prime Minister Viktor Orban,...Show More Summary
Prime minister Viktor Orban says Hungary will hold a national consultation on the matter from January, but for now the people have spoken.
The Hungarian government has proposed a metered tax on using the Internet. It’s led to “thousands” of protesters taking part in dramatic demonstrations that appear to be having some effect. The tax would technically be applied to internet service providers rather than consumers. The ISPs would be charged 150 forints (a little over 60 US […]
Tax season is still a few months away but that doesn’t mean you can’t start working on your strategy now. There’s still time to do a few things that can have a significant impact on your tax filing. The choices you make could mean the...Show More Summary
The 2013 tax year is finally over. That means it's time to turn your tax thoughts to moves you can make to reduce your 2014 tax bill. A good starting point for any tax planning is with the basics, such as knowing what your tax bill likely will be. Show More Summary
Alamy The year in its final quarter (and when did that happen?), but you still have a couple of months to adjust your financial picture for 2014. Right now is actually an excellent time to get your tax planning in order, so that youShow More Summary
"Because under his tax plan the average Wisconsin taxpayer got just eleven dollars a month."The new Mary Burke ad: Here's the memo — PDF — from the Legislative Fiscal Bureau that's identified as the source of the figures. Ads, of course, have mostly a subliminal, emotional effect, but let's pick at the facts. Show More Summary
On Friday, the Las Vegas Review-Journal warned readers about “the blitzkrieg about to unfold for your vote on The Education Initiative appearing as Question 3 on the November ballot.” The paper failed to disclose, though, that it would launch its own display-ad campaign against Question 3 the next day. The above ad ran on the … Read More
The Republican Party has become the party of ideas again. You can see it in the new tax reform plan put out by Tea Party Sens. Mike Lee (Utah) and Marco Rubio (Fla.). Their plan would simplify the income tax system, setting just two rates: 15 percent and 35 percent. Show More Summary
Fast-food chain Burger King has taken a beating on Capitol Hill for its tax plans, but Dairy Queen enjoyed a more favorable moment in the limelight Wednesday in the Senate.
Bloomberg: Schumer Anti-Inversion Tax Plan Could Reach Back to 1994, by Richard Rubin: A proposal from a top Senate Democrat could limit deductions for companies that moved their tax addresses out of the U.S. as long ago as 1994, according to a draft obtained by Bloomberg News. The legislative proposal,...
We wonder if Vallas has been watching what has happened with CPS in recent years to call the proposed Rauner tax plan 'devastating' to public schools. [ more › ]
Graduating from college feels a little like crossing the finish line of a very long race but in reality, it’s just the beginning. Going from the classroom the working world is a major transition that brings new responsibilities, including obligations to Uncle Sam. If you’re just starting out in your first job, seeing how much [...]Show More Summary
If you don't know a lot about Hillsborough County's big plans for transportation improvements, you'll get plenty of chances to find out more next month.
David Cameron is under fire for giving a peerage to Joanna Shields, a former Facebook and Google executive under whose tenure ferociously aggressive tax planning was the order of the day. Under Shields's direction, both technology companies sidestepped hundreds of millions of pounds' worth of tax. Show More Summary
Is South Korea’s new policy of taxing companies that don’t pay out more of their cash reserves in wages and dividends fair? In considering that, Seoul’s policymakers would like you to take these figures into account: total Korean corporate earnings accounted for 26% of the country’s gross domestic product last year, up from 13% in 1998. Show More Summary
Company news, markets and financial talking points, available from 8am Monday to Friday DO TAPE RECORDINGS REVEAL TAX PLANS? Two tape recordings have emerged offering an insight into secret tax plans of the Conservatives and Labour.Show More Summary
By Sconnie Warrior: Introduction: The Kinder family of stocks are quite popular among investors on SA and other investment websites. There are 3 common ways to own the main Kinder assets: KMP, KMR and KMI (I am excluding EPB from discussion because its tax implications are substantially similar to KMP). Show More Summary