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Tax News

News on Tax continually updated from thousands of sources around the net.

59 min ago | WAFF-TV Huntsville

Alabama delays tax refunds to catch ID theft

Alabama's Revenue Department slowed about 100,000 personal income tax refunds this year because of a new computer program designed to catch identity theft and tax fraud.

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4 hrs ago | Statesboro Herald

Statesboro announces - tax increase' to keep same millage

With the effect on its budget now smaller than previously estimated, the city of Statesboro has slated three "property tax increase" hearings after several City Council members indicated support for keeping the millage rate unchanged.

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Related Topix: Bulloch County, GA, Statesboro, GA

8 hrs ago | The Age

It's tax season, and the scammers are out in force

Scammers using tax-related reclaim schemes have fleeced more money from Australians in the first month of the financial year than from January to June combined, prompting further warnings from the consumer watchdog and tax office.

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10 hrs ago | WHAS11

JCPS Superintendent Hargens recommends no property tax increase

LOUISVILLE, Ky. Jefferson County Public Schools Superintendent will recommend not to raise property taxes for a seventh straight year, according to officials.

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Related Topix: Louisville, KY

Wed Aug 20, 2014

KMBC-TV

Police: Phone scam uses IRS, arrest threat to get personal data

The Missouri Attorney General's Office is warning the public about a new scam that uses threats and intimidation to try to dupe people into turning over personal information.

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San Jose Mercury News

Contra Costa tax collectors order $10K seizure -- from the wrong man

Jim Service is a tax deadbeat. He had about $6,000 garnished from his state income tax return this year, and he's been told he owes $4,000 more to pay off debt.

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Related Topix: Contra Costa County, CA, Science / Technology

KGNS-TV Laredo

Abbott's remarks on business tax spark confusion

In his campaign for governor, Republican Attorney General Greg Abbott has repeatedly vowed to keep taxes low in Texas.

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Related Topix: Texas Government, Texas

The Motley Fool

Where the 7 States With No Income Tax Get Their Money

For most Americans, the prospect of living in states with no income tax is an attractive one.

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TaxAssist Accountants

Offshore tax evasion could become a criminal offence

People who fail to disclose taxable offshore income and gains will be in danger of criminal prosecution, under new proposals announced this week.

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Proctor Journal

Tax return check has arrived, so buy the shoes

Your tax return check has arrived in the mail. Now you'll finally pay off that credit card or add the extra cash to your savings for a rainy day.

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Related Topix: Marketing

Tue Aug 19, 2014

KLEW-TV Lewiston

Moscow City Council passes property tax increase

Taxes are going up for property owners in Moscow. At Monday night's city council hearing, the proposed increase passed five to one.

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Ledger-Enquirer.com

GOP intensifies efforts in Kan. governor's race

The conservative Republican governor is facing a tougher-than-expected race against Democrat Paul Davis for a second, four-year term amid questions about whether his aggressive income tax cuts are boosting economic growth as promised or wrecking the state's finances.

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Related Topix: US Politics, Sam Brownback, US News, US Senate, Republican, Kansas, Representative Mary Fallin, US House of Representatives, US Governors

The Raw Story

Florida man pleads guilty to using Swiss 'Hot Lips' account to avoid paying taxes

A Florida man on Tuesday pleaded guilty in New York to criminal charges for concealing as much $1.1 million in offshore accounts, even after learning that U.S. authorities were cracking down on wealthy Americans evading taxes.

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Related Topix: Prison

TheBlaze.com

IRS Bungles Collection of Obamacare's 2.3 Percent Medical Device Tax

A Treasury Department watchdog reported Tuesday that the Internal Revenue Service is having significant trouble collecting the 2.3 percent excise tax on manufacturers, producers and importers of medical devices, a controversial tax that was imposed under Obamacare.

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Related Topix: Healthcare Law, Law, Food and Drug Administration, US Politics, US News

Lexington Herald-Leader

Audit: 'Obamacare' tax not meeting revenue target

The audit by the Treasury inspector general for tax administration says the Internal Revenue Service needs to do a better job policing the tax.

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Related Topix: US Politics, US News, Barack Obama

CBS Local

MN Inmates Charged With Filing $400K In False Tax Returns

Two inmates at a Minnesota prison are accused of filing $400,000 in false tax claims to the Internal Revenue Service, according to the U.S. Attorney's Office.

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Related Topix: Prison, Minnesota

Forbes.com

Does The IRS Have The Power To Correct Tax Law Typos?

Don Susswein, a former Republican tax counsel to the Senate Finance Committee, is now a Principal in McGladrey's Washington National Tax practice.

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Newsday

Astorino calls for tax cuts, natural gas and high-tech and agriculture startups

In East Islip slow moving maintenance vehicle. left lane closed on Sunrise Hwy/NY Rt-27 WB between Carleton Ave/X46 and Robert Moses Cswy in Suffolk In East Islip slow moving maintenance vehicle.

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Related Topix: East Islip, NY, Islip, NY, Binghamton, NY

Business Journal

Former IRS commissioner: Political environment impedes tweaking the ACA, reforming tax code

IRS Commissioner Mark Everson testifies on ways to reduce the tax gap at a Senate Banking Committee hearing in Washington, D.C., April 18, 2007.

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Related Topix: US News, Washington

Inside Costa Rica

Costa Rican Oil Refinery in long battle with tax authorities

August 19th, 2014 The Costa Rican Oil Refinery has been charged more than $180 million in penalties and interest by the Treasury as the result of tax audits over the last five years, according to a report by the daily La Nacion.

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