Business tax

MYRTLE BEACH, SC (WMBF) — A new tax may be on the way for businesses in downtown Myrtle Beach, but it could pay off for those businesses in the long run.The Myrtle Beach City Council took the first step toward approving a municipal…

The ConocoPhillips logo is displayed on a floor screen at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid/File PhotoJoin now for FREE unlimited access to Reuters.comRegisterSANDEFJORD,…

Did you know that in some states, if you miss a tax payment, local politicians will take your house, sell it and keep everything profits ?Really.Tawanda Hall was behind on his taxes. She was on a payment plan but had missed $900. She…

Downtown Philadelphia has almost returned to pre-pandemic downtown levels of jobs and foot traffic, and may be on the verge of another "Rendell moment," reminiscent of the city's revival in the early 1990s, according to business leaders and…

Lafayette's Downtown Development Authority won in a tax renewal effort on Saturday, winning 71% of the vote…

ST. PAUL, Minnesota (FOX 9) - A $3.4 billion deal to provide businesses with tax relief and give $750 bonus checks to many workers on the front lines of the COVID-19 pandemic is headed for Governor Tim Walz for his signature. The bill…

The deadline for unemployment benefits is approaching A Saturday deadline looms in the Minnesota Legislature as the two sides try to reach a deal that avoids a corporate tax hike. ST. PAUL, Minnesota (FOX 9) - Calendar has become the…

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A BRIEF HISTORY OF EQUALITY Author: Thomas Piketty (Translated by StevenRendall) Editor: Harvard University Press Price:…

The International Monetary Fund approved a three-year, $6 billion loan for Pakistan in 2019, but disbursement has been slowed by concerns about the pace of reforms The International Monetary Fund approved a three-year, $6 billion…

CHICAGO--(BUSINESS WIRE)--April 21, 2022--Manatt, Phelps & Phillips,…

Timothy P. Draper, 54, of Bethel, Connecticut, waived his right to be listed and pleaded guilty to tax evasion during an appearance in federal court in Hartford on Monday, April 18,!-->…

MONTGOMERY, al. As motorists pump gas priced at $4 a gallon, gubernatorial challenger Lindy Blanchard's ad appears on the gas pump screen, calling for a suspension of fuel taxes from the State. "We need to put money back in the…

Fonoa, the Dublin-based tax automation start-up, is set to raise new funding from investment firm Coatue. This is Fonoa's second round of funding in six months.…

Applied to approximately 42,000 properties in the city, 54% of property tax revenue comes from residential properties, 6% from multi-family properties and 40% from non-residential properties. The total!-->!-->!-->…

The government is working on a cryptocurrency taxation FAQ, which will provide nuanced clarification on the applicability of income tax and GST on virtual digital assets, an official said. The Frequently Asked Questions (FAQ) set, which…

LONDON (AP) — Britain's Treasury chief has defended his wife's decision…

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TOPEKA, Kan. (AP) — With surplus state revenues rolling in every month, the Republican-controlled Kansas legislature is poised to cut taxes again just a decade after a GOP governor launched a tax experiment. tax cuts that became nationally…

Dear Liz: We have made significant capital gains this year and owe taxes plus a penalty for not paying estimated taxes. Is there a way to plan ahead for taxes since every year is different in terms of gain or loss? I know one option is to…

It has been said that two things in life are certain: death and taxes. Although a corporation can cheat death, taxes are certain and if not properly planned can be debilitating to a business. This article provides a high-level review of…

Starbucks paid just £5.4m in UK corporation tax last year despite grossing a gross profit of £95m.The company, which has faced years of heavy criticism for paying very little tax in the UK, paid out £26.5 million in royalties, almost five…

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Several recent proposals introduced in Congress would tax excess corporate profits, that is, profits that have landed in the hands of companies and their shareholders due to market power or!-->…

By SUSAN HAIGH - Associated Press HARTFORD, Conn. (AP) - Connecticut will temporarily suspend its 25-cent-per-gallon excise tax on gasoline after a bipartisan…

Post views: 24If there's one thing that makes running a small business a pain, it's taxes!While you may have been told that taxes are the price you pay for civilizations, these are the same taxes that can hold you back from scaling your…

Whether we like it or not, we are now immersed in the heart of tax time. As you may know, Section 199A of the Internal Revenue Code provides most New Hampshire business owners with an annual federal income tax deduction of 20% on their…

WASHINGTON — In the year since the disclosure of a federal investigation into his "tax affairs" in late 2020, President Biden's son, Hunter Biden, has paid a large tax debt, even as a grand jury continued to gather evidence in a full-scale…

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Advice for new independent registrants Working from home may offer some conveniences, but don't count tax relief among them. The COVID-19 pandemic has changed the way Americans work, with many adopting a remote setup. Some companies…

Could you help us all by telling us if any of these "Other" for-profit sources of income for Mayo Clinic are taxed and do not fall under the "non-profit" category? Thank you. It's great to see some companies' profits being…

OLYMPIA — Democratic lawmakers in Washington on Wednesday announced a $64.1 billion budget deal that injects new dollars into government programs and funds a new transportation program, raises for state employees, aid to housing and…

During his State of the Union address on March 1, President Joe Biden called for extending child tax credit payments and reducing child care costs. (iStock) President Joe Biden advocated for an extension of the expanded Child Tax…

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GRAND RAPIDS, Michigan--(BUSINESS WIRE)--Today, Davenport University announced the opening of 10 Tax Assistance Centers in Kent and Ottawa counties, with students and faculty providing low-income families and individuals with a…

Culpeper County is preparing the legal framework to enact a meal tax for the first time in its history.At the same time, in order to soften the perception that any new tax is a bad tax, Culpeper County, as of Tuesday,…

There are many reasons why people might downsize to a smaller, cheaper home, and in many states, saving…

FRANKFURT, Ky. A key House Republican on Friday proposed phasing Kentucky's personal income tax rate, with the long-term goal of eliminating the levy, in a sweeping move that would expand the tax state sales to a multitude of…

Donald Trump may be on the verge of escaping legal peril once again. A long-running investigation into Trump's business practices from the Manhattan District Attorney's Office appears to have gone off the rails, with the two lead…

ALBANY, N.Y. (NEWS10) — Capital region tax preparers spoke of months-long delays in people's tax refunds last June. Clients whose tax returns were filed in February were still asking, "Where's my refund?" four months later,…

The city of Rome was the first locally, but it should not be the last.Last week, the small lakeside town in…

SINGAPORE (Reuters) - Singapore will start implementing an increase in its goods and services tax from next year, Finance Minister Lawrence Wong said in his budget speech on Friday, in which he also said announced a series of tax hikes…

A chart showing the real exchange rate of the U.S. dollar and that of several foreign currencies is pictured in Rio de Janeiro, Brazil, December 16, 2015. REUTERS/Ricardo MoraesJoin now for FREE unlimited access to…

Lorillard initially included the value of all of its leaf tobacco inventory in the Danville warehouses in its property tax calculations.In 2011, Lorillard filed a request with the IRS that accounting for the aging of tobacco at the Danville…

The State Department of Native Hawaiian Lands administers approximately 200,000 acres of public land for lease to Native Hawaiians, on which they may live, farm, ranch, and engage in business and other activities. The department, headed by…

Fresno State Image published on February 11, 2022 - 10:14Written by the staff of The Business Journal Accounting and finance students at the Craig School of Business at Fresno…

FRANKFURT, Ky. The Kentucky House voted Wednesday to provide relief to taxpayers hit by steep increases in their vehicle property tax bills, caused by a pandemic-related increase in used car values. The measure sailed through the…

The Biden administration is launching an awareness campaign to get millions of families to file their taxes — so they can receive the second half of the expanded child tax credit payments. Vice President Kamala Harris,…

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ATLANTE Tax revenues continue to flow into Georgia's state coffers, supporting Gov. Brian Kemp's plan for a big spending boost and possible tax cut. Figures released Friday show Georgia's general fund raised $17.8 billion through…

DALLAS--(BUSINESS WIRE)--February 1, 2022--CyrusOne Inc. (NASDAQ: CONE),…

(WJW) — The Internal Revenue Service says more people without children are now eligible for greater tax relief. The earned income tax credit is the federal government's largest refundable tax credit for low- to middle-income…

The City of Williamsport saw a more than 6% decline in business lien and business product tax collection based on 2020 revenue, which the city treasurer said was not good thing to…

On January 25, the United States filed a civil injunction suit seeking to enjoin Arnold Zio, individually and doing business as Platinum Citizens Financial LLC and FTP Tax Services, from owning or operating a tax preparation business. tax…

Tuesday, January 25, 2022 5:53 PM …

The Union budget for the financial year 2022-23 (FY23) due to be unveiled on 01 February comes at a time when the Indian economy is facing multiple challenges in the form of rising oil prices crude oil and persistent inflation…

Republicans in the General Assembly pledge to move forward with tax cut legislation, citing the state's growing surplus, now projected at more than $800 million. Bills tabled last year remained in committee.!-->…

Records show that Indiana must already deposit $545.5 million into the teachers' retirement fund, in addition to the state's statutorily required contribution, as part of the automatic taxpayer refund triggered by the excess reserves of the…

New York State Attorney General Letitia James on Tuesday night accused Donald J. Trump's family business of repeatedly misrepresenting the value of its assets to bolster its bottom line, saying in court papers that the company had engaged…

NEW DELHI : The income tax department said on Monday it detected ₹400 crores of irregularities in a group of diversified companies during searches carried out in Haryana. More than 30…

Running the business of your dreams is exciting. Turning a vision into reality and seeing the validation of your ideas – all while making money – is one of the greatest feelings entrepreneurs have. But managing money and compliance is one…

He frequently tells the story of his supposed inspiration for founding Salesforce. Despite success at Oracle, where he worked early in his career, Mr Benioff was plagued with existential doubt, prompting him to take a sabbatical in…

One of the biggest benefits of the COVID-19 relief provisions has been the Employee Retention Credit (ERC). It has recently gained more attention, but many taxpayers are still unaware of its benefits. The ERC is a fully refundable IRS…

The company behind the newspaper and website Business Post cut its losses in 2020 by limiting the drop in revenue to 1.7% despite the impact of Covid-19 on its event business.…

Find out what clicks on FoxBusiness.com. The exodus from high-tax states intensified in 2021. A new report from the Tax Foundation, a non-partisan group that advocates lower taxes, has found that increasing numbers of Americans have…

LINCOLN, Neb. (AP) - Nebraska Gov. Pete Ricketts and a key legislative leader on Thursday pledged to cut taxes with the $ 412 million in excess revenue the state has collected over the past year.Ricketts and State Senator Lou Ann Linehan,…

DES MOINES, Iowa (AP) - Gov. Kim Reynolds said Tuesday that residents of Iowa can expect another round of tax cuts, a bill to urge unemployed Iowa's to find jobs and proposals to address the shortage of teachers and daycare centers.The…

Ideas & Debate Revised GDP data set to lead to lower taxes for telecom operators Monday 03 January 2022 By Rebecca WanjikuMore from this author Summary With regard to the information and communication technology…

Mississippi taxpayers can ease their financial burden for the upcoming tax season with credit to nonprofit…

Such upgrades could mean a shift to smart systems designed to save energy, a growing market that includes companies like circuit breaker maker Eaton Corp., which has reported lobbying lawmakers for incentives to clean energy bill.Eaton,…

An affiliate of the Target retail chain is battling the Florida Department of Revenue over millions of!-->…

QUESTION: I bought a commercial property in 1990 because the seller was charging me VAT. I had to choose to tax the property to recover the VAT. I rented the property from a local!-->!-->!-->…

GREEN BAY, Wisconsin (WBAY) - Many of us have spent the past few weeks, if not months, shopping for Christmas presents. In fact, when locals in our area buy from out-of-state retailers, Wisconsin still enjoys the benefits of state sales…

A Tencent logo is seen in Beijing, China on September 4, 2020. REUTERS / Tingshu WangRegister now for FREE and unlimited access to Reuters.comRegisterMove comes as Beijing attacks tech companiesJD.com shares plunge 11.2%, Tencent up…

Omicron forces another change The World Economic Forum said this morning it was postponing its annual meeting in Davos, Switzerland, from next month to "early summer," citing the spread of the Omicron variant. The move suggests new…

Today's inflationary surge stems from a confluence of factors, many of which are linked to the pandemic. The coronavirus has shut down factories and clogged ports, disrupting the supply of goods Americans stranded at home wanted to buy,…

China, which already suffers from a bad corporate ethics image, has suffered another blow as Chinese companies violated the country's laws in Bangladesh, causing losses to the public treasury. Bangladeshi authorities have…

Giving stocks can be more valuable than money and a way to pass on wealth or give to charity. Donations in inventory valued at less than $ 15,000 eliminate the…

By BRIAN SLODYSKO, Associated PressWASHINGTON (AP) - Congress avoided a catastrophic default early Wednesday morning after Democratic majorities in both houses voted to send a $ 2.5 trillion increase in the country's borrowing power to…

UBS shares rise 2% after court fineCourt confirms money laundering allegationUBS will decide how to proceedPARIS, Dec. 13 (Reuters) - A Paris appeals court on Monday reduced to 1.8 billion euros ($ 2.03 billion) the penalty UBS (UBSG.S)…