Archive for August, 2009
Diane Francis: America's tax crybabies
For decades, Americans have preferred to run up huge deficits by borrowing from foreigners rather than living within their means by collecting enough taxes to cover their governments’ expenditures.Any attempts to raise taxes are greeted …
Candy, soda to get higher tax
Your favorite soft drink or candy bar might cost a little more starting Tuesday, as the state of Illinois puts some tax changes in place. The state is reclassifying certain sweets and soft drinks that, until now, haven’t been subject to Illinois’ full sales-tax rate, which runs as high as 10.25 percent in Chicago.
Those who lose homes may face state tax hit
Californians who lose their homes in a foreclosure, short-sale or deed in lieu of foreclosure this year could be hit with a state income tax on canceled or forgiven debt. A state law that temporarily exempted many homeowners from this tax at the state level…
Strip Club Owner Learns Tax Lesson – Don't Try to Hide Money in ATM's
File this one under the “I really don’t want to know how he did this!” heading. I have been following the Roth & Co CPA blog in its discussion of the story of a strip club owner who received a 20 month sentence for tax evasion.
Billionaire Loses Big Tax Case
Judge nixes Texas banker Andrew Beal’s $1.1 billion in tax losses.
Sirius XM Passes RIAA Tax On To Consumers | Techdirt
Yup, because the RIAA and its members haven’t been able to come up with a business model that works, they get the courts to tax you for listening to your satellite radio
Soda makers: Don’t tax our soft drinks
Industry groups are fighting a soft-drink tax proposal that is not part of any pending health care measure.
» What Tax Bracket Am I In?
A lot of people have been reaching Bargaineering because they asked:
The Inquisitive Tax Haven
Liechtenstein will start asking some banking clients if their tax status is legit–but it won’t sell them out.
British Council cleared of Russian tax claims: report
A Russian court cleared on Thursday the British Council of most of the back-tax claims made against it amid a diplomatic spat between London and Moscow, the Ria Novosti news agency reported.
