2021-03-07@05:28:13 GMT
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News about taxes:

    With Gov. Cuomo now threatening to go for “soak the rich” tax rates if he doesn’t get a federal bailout as ginormous as he wants, it’s well worth remembering just how much New York already depends on these citizens — who can easily afford to move away. Indeed, many have decamped temporarily during the pandemic...
    Labor MSP Monica Lennon has been campaigning to end period poverty since 2016. Scotland just became the first country in the world to pass legislation making feminine menstrual hygiene products free to “anyone who needs them.” The BBC reports that the legislation—Period Products (Free Provision) (Scotland) Bill—which was first introduced by Labor MSP Monica Lennon in...
    Experienced real-estate investors know that finding (and purchasing) the right property is only the first step in a long process for buying an asset that appreciates in value and produces income. Once you’ve secured that dream investment, you’ve got to manage it, improve it and, just as importantly, come up with a big-picture tax strategy...
    Data shows 65 Americans are dying every hour President Trump at Last Acknowledges Hell Certainly Leave the White House — While Snapping at Reporter Working remotely from different states? You could face additional state taxes next year Whether you worked from your living room or an out-of-state relative’s abode, you could be on...
    Westend61 | Westend61 | Getty Images Remote workers — especially those who have been hopping to different states — could be on the hook for additional taxes when they file their returns next spring. It's been nine months since the coronavirus pandemic first gripped the U.S. and led to many workers punching in each day...
    Luis Alvarez | DigitalVision | Getty Images Whether 2021 will bring higher taxes for small-business owners may depend on the outcomes of the two Georgia Senate races that will be decided in January. Indeed, two contests in the Peach State are heading to runoff at the start of 2021. Those races are between GOP Sen....
    By JOE McDONALD, AP Business Writer BEIJING (AP) — China is raising import taxes on Australian wine, stepping up pressure on Australia over disputes including its support for a probe into the origin of the coronavirus. The anti-dumping duties of up to 212.1% take effect Saturday. The Ministry of Commerce said Friday they are in...
    BEIJING – China is raising import taxes on Australian wine, stepping up pressure on Australia over disputes including its support for a probe into the origin of the coronavirus. The anti-dumping duties of up to 212.1% take effect Saturday. The Ministry of Commerce said Friday they are in response to complaints Chinese wine producers were...
    The undocumented could receive a stimulus check for $ 1,200. Photo: Jeff Fusco / . Democrats proposed that undocumented U.S. residents should be eligible to receive stimulus checksas long as they pay taxes. This proposal was part of the HEROES Act, which was even passed in the...
    Editor’s note: We endeavor to bring you the top voices on current events representing a range of perspectives. Below is a column arguing that President-elect Joe Biden is not a moderate Democrat and plans to enact a progressive agenda in the White House. You can find a counterpoint here, where Charles Kolb, former deputy assistant...
    Editor’s note: We endeavor to bring you the top voices on current events representing a range of perspectives. Below is a column arguing that President-elect Joe Biden’s actions have indicated that he will preside over a moderate administration. You can find a counterpoint here, where Adam Brandon, the president of FreedomWorks, argues Biden is not a...
    America celebrates scaled-back Thanksgiving as COVID-19 surges New Zealands Mahuta brings new outlook to foreign affairs 3 Social Security Rules That Are Downright Unfair Though it has a simple purpose, Social Security is a seriously complex government program. In fact, if you were to attempt to read up on all of its rules, you...
    London (CNN Business)France will require big tech companies to pay its digital services tax, a move that is likely to trigger retaliation by President Donald Trump and pitch the incoming US administration into another trade fight.The 3% tax on revenue from digital services in the country was introduced last year. But the French government had...
    Jobs, jobs, jobs RISHI Sunak must have a laser-like focus on turbo-charging growth with lower taxes in his big spending review today. Raising them to claw back tiny fractions of our vast debt will be suicidal.  4While we do welcome the Chancellor’s plans to spend billions generating jobs, they are underwhelming on their ownCredit:...
    Elon Musk leapfrogs over Bill Gates to become second-richest man in the world Christophe Dominici: France rugby legend dies aged 48 Seniors On Medicare Are Getting a Big Pay Day in 2020 Ad Microsoft ...
    SISTER Wives husband Kody Brown is off the hook from paying a $390,000 mortgage on his wife Christine’s home, as he owes over $1,500 in property taxes.  As The Sun previously reported, Kody, 52, transferred the $520,000 house he shared with wife Christine, to whom he is "spiritually" but not legally married, to her on August 28....
    When can I get my vaccine? ACIP, a little known but crucial advisory panel, releases first safety, distribution guidelines 11-year-old arrested after multiple fires set at neighborhood home with people inside Dont Claim Social Security Benefits Until You Can Answer These 3 Questions Many people don't give enough thought to when they should claim...
    Hospitalizations, cases soar amid busy travel week German defense minister rejects Turkey complaint over search Roth IRA Conversions: Pay Now, Live Tax-Free Later There was a lot of discussion around tax increases in the run-up to the election.  On one side, raising taxes on corporations and on ultra-high net worth individuals.  The other side...
    Kentucky teenage cancer survivor dies from Covid-19 Trump administration officially authorizes Biden transition Seniors On Medicare Are Getting a Big Pay Day in 2020 Ad Microsoft Expert: “This credit card is so...
    Palace, Wolves stumble after virus robs them of mainstays Amazon’s Black Friday Sale Is Here, and You Can Save Over $100 on This Popular Roomba Seniors On Medicare Are Getting a Big Pay Day in 2020 Ad Microsoft ...
    Good Samaritan helps 93-year-old Rhode Island man find lost wedding ring Myanmar ignoring Rohingya genocide trial measures: activists 10 Year-End Tax Tips With the winter holidays looming, the clock is ticking for taxpayers who want to minimize what they will pay next spring. Many money-saving tax strategies need to be implemented by Dec. 31...
    New York’s left is starting to devour its own as part of a campaign to pressure local Democratic pols to aggressively tax the rich to address the state’s pandemic-fueled fiscal crisis. A group including the New York City chapter of the Democratic Socialists of America, which is aligned with US Rep. Alexandria Ocasio-Cortez, currently has...
    New York’s left is starting to devour its own as part of a campaign to pressure local Democratic pols to aggressively tax the rich to address the state’s pandemic-fueled fiscal crisis. A group including the New York City chapter of the Democratic Socialists of America, which is aligned with US Rep. Alexandria Ocasio-Cortez, currently has...
    Hugh Freeze dismisses talk of other coaching jobs Princess Diana Called Her Bodyguard the "Greatest Love" She Ever Had 5 year-end strategies to save on your 2020 taxes If you’re hoping to trim your tax bill, you have just over a month to act. Now is the time to strategize. Some opportunities are...
    Lawmakers in New York and New Jersey just won’t be happy until they drive Wall Street firms clear out of the area, taking their jobs — and tax revenue — with them. Proposed stock-transfer taxes in both states have already prompted the New York Stock Exchange, Nasdaq and other power players to come together to...
    California nighttime curfew, stimulus check deadline, American Music Awards: 5 things to know this weekend Michigan group sues Trump campaign for alleged mass voter suppression 3 Effortless Ways to Boost Your Social Security Benefits Approximately one in five baby boomers say Social Security benefits will be their only source of income in retirement, according...
    Hospital CEO says he had Covid and doesnt need a mask. His staff are appalled. US Congress members demand halt to deportations of women who accused gynecologist of abuse Heres How Seniors Have Been Getting Robbed Out of Social Security Income Since 1993 It's an oft-bemoaned fact that Social Security doesn't pay seniors enough...
    US coronavirus hospitalizations hit record Killlings of transgender and gender nonconforming people sets record Seniors On Medicare Are Getting a Big Pay Day in 2020 Ad Microsoft Expert: “This credit card is...
    HARRISBURG, Pa. (AP) — Motorists who register an electric vehicle in Pennsylvania would have to pay an annual fee, under lame-duck session legislation approved by the state’s Republican-controlled House of Representatives on Thursday. The bill, backed by a 132-70 vote, still requires Senate approval to reach the desk of Gov. Tom Wolf, a Democrat. Most...
    How does NBA 2K decide ratings for rookies? We asked the developers The Best Proteins for Women Seniors On Medicare Are Getting a Big Pay Day in 2020 Ad Microsoft Expert: “This...
    The IRS has previously pursued civil penalties over consulting fee write-offs it found were made to dodge tax liability. New York's attorney general has sent a subpoena to the Trump Organization for records related to consulting fees paid to Ivanka Trump as part of a...
    Bette Midler Fast Facts Florida Republican Sen. Rick Scott has tested positive for COVID-19 Seniors On Medicare Are Getting a Big Pay Day in 2020 Ad Microsoft Expert: “This credit card is...
    New York Attorney General Letitia James has sent a subpoena to the Trump Organization for records related to consulting fees paid to Ivanka Trump as part of a broad civil investigation into the president’s business dealings, a law enforcement official said Thursday. The New York Times, citing anonymous sources, reported that a similar subpoena was...
    Loading the player... Two investigations into President Donald Trump and his businesses have been expanded to include millions of dollars in write-offs. The fraud probes in the state of New York, one of which is criminal and the other civil, reportedly include examining millions of dollars in “consulting fees,” some of which went to...
    Ivanka Trump, daughter and senior adviser to President Trump, said Thursday evening that two fraud investigations into her father and his businesses in New York are "100% motivated by politics, publicity and rage." The probes are two of several legal entanglements likely to intensify when Trump leaves office and loses immunity from prosecution. "This is harassment pure and simple. This ‘inquiry’...
    PORTLAND, Ore. (AP) — A Battle Ground, Washington man who ran a Portland, Oregon auto detailing business was sentenced Wednesday to a year in federal prison for a scheme in which he hid his income and evaded paying $1.5 million in taxes. Thomas Rennie, 58, pleaded guilty to one count of attempted tax evasion, The...
    South_agency | E+ | Getty Images The value of Bitcoin is skyrocketing. If you're planning on selling now and pocketing the gains, Uncle Sam is going to want his share. This week, the cryptocurrency hit price it hasn't seen since 2017, climbing toward $18,000 for one unit of Bitcoin. Over the course of 2020, it's...
    European Coronavirus lockdown restrictions are working, says WHO Europe averted a Covid-19 collapse -- heres what the US could learn You Could Save Up to $15,720 in Taxes. Heres How Most people know that holding on to their investments longer gives them preferential tax treatment. While short-term capital gains are taxed at your marginal...
    By MICHAEL R. SISAK and DAVID B. CARUSO, Associated Press NEW YORK (AP) — New York's attorney general has sent a subpoena to the Trump Organization for records related to consulting fees paid to Ivanka Trump as part of a broad civil investigation into the president's business dealings, a law enforcement official said Thursday. The...
    Dear MarketWatch, I am a 58-year-old woman, widow and college grad. I live in Rochester, N.Y. Although I like the area and weather, I do not like the taxes and politics. I’m looking for a small town with some amenities (coffee shops, breweries, bookstore), low taxes and a conservative atmosphere. I also want to be...
    CHARLESTON, S.C. (AP) — Homeowners in Charleston may see property taxes go up as the city considers using sales tax money to make up an $18 million budget shortfall. The Post and Courier reports Charleston City Council members are debating a budget proposal that would increase taxes on a $300,000 owner-occupied home in Charleston County...
    SAN FRANCISO (KGO) -- Signs around San Francisco's Union Square say "Welcome, we are open," but visitors are few and far between, as tourism has faded during the coronavirus pandemic."One of the campaigns is our gate is open. Well, that gate just got closed two days ago," said Hotel G General Manager Steve Rizzo.COVID-19 RISK...
    Senate President Wilton SimpsonPhoto via NSFFacing a $5 billion reduction in estimates of state revenue, Senate President Wilton Simpson warned Tuesday that austerity measures --- including potentially the first public university tuition increases in a decade --- are on the horizon. Simpson’s comments came as the Trilby Republican took up the mantle as leader of...
    Republican legislators on Tuesday called for Louisiana to eliminate state income taxes while acknowledging that the chances of doing so anytime soon are slim at best. “We’re going to swing for the fences,” said state Rep. Thomas Pressly, a Shreveport Republican. Rep. Richard Nelson, R-Mandeville, said repealing personal and corporate income taxes would...
    LeoPatrizi The IRS has signaled it will bless a workaround that allows small-business owners to skirt the $10,000 cap on state and local income tax deductions. Ever since the Tax Cuts and Jobs Act took effect in 2018, high-tax states have sought ways to help individual taxpayers who itemize on their returns deal with the...