U.S. / Tags / Tax

+9
Interesting
100% Credible

Fewer Large Corporations Audited by IRS

U.S. / NEWS Mon Apr 14, 2008 @ 8:13am neoform
SF Gate -- The tax audit rates of the largest companies are less than half what they were 20 years ago while more small and mid-size businesses are coming under scrutiny, according to an organization that monitors the Internal Revenue Service. The Syracuse Univer.. Read More
+9
Important
90% Credible

IRS: Tax refunds may be delayed

U.S. / NEWS Fri Dec 28, 2007 @ 8:14am neoform
MSNBC -- More than 3 million people will have to wait until February to get their tax refunds because of Congress’ late fix to the alternative minimum tax, the IRS said Thursday. Congress put a one-year freeze on growth of the alternative minimum tax last wee.. Read More
+8
Interesting
100% Credible

U.S. Marshal: NH tax evaders arrested

U.S. / NEWS Fri Oct 5, 2007 @ 10:19am neoform
www.miamiherald.com -- A couple convicted of tax evasion who threatened violence if authorities approached them were arrested peacefully at their rural Plainfield home after holing up at the fortress-like compound for months, U.S. Marshals said. One big question remained: Ho.. Read More
+7
Interesting
80% Credible

Cities gamble on casinos for tax revenue

U.S. / NEWS Tue Aug 14, 2007 @ 8:05am neoform
USA Today -- States and cities frustrated by gamblers spending their money elsewhere are putting casinos in or near major cities to maximize tax revenue. "We're sick of people from Wichita driving through our county on the way to casinos in Oklahoma," says Janis He.. Read More
+10
Interesting
100% Credible

Tax dodgers taunt police from hilltop compound

ed brown
U.S. / NEWS Thu Jun 21, 2007 @ 1:28pm neoform
CNN -- To avoid serving prison sentences for tax evasion, Ed Brown and his wife, Elaine, have locked themselves off from the world on their own terms. From behind the 8-inch concrete walls of their 110-acre hilltop compound, the couple taunt police and SWAT t.. Read More
+8
Interesting
80% Credible

Unpaid Taxes Tough to Recover

U.S. / OPINION Mon Apr 16, 2007 @ 8:38am neoform
Washington Post -- Judging from his tax returns, Dinh Kim Huynh wasn't getting rich in the manicure business. In 2000, Huynh and his wife claimed taxable income of just $7,578 from their two nail salons in Southern Maryland -- so little that they qualified for a tax credit.. Read More
+8
Interesting
100% Credible

Taxpayers Miss Out on Phone Tax Refund

U.S. / NEWS Sat Feb 24, 2007 @ 1:13am neoform
Forbes -- Taxpayers have already received almost $87 billion in income tax refunds this year, but many are neglecting to ask for a modest refund from a now defunct telephone tax. So says the Internal Revenue Service, which reported Friday that as of Feb. 17 it h.. Read More
+6
Amazing
100% Credible

States see less tobacco tax revenue

U.S. / NEWS Fri Feb 16, 2007 @ 1:18am neoform
MSNBC -- Roland Henkel quit smoking in September and has been doing the math ever since: A week added to his life. More than 2,100 Marlboro Lights he hasn’t smoked. And more than $400 he didn’t spend on cigarettes. “It does add up,” said Henkel, 53. “.. Read More
+7
Amazing
100% Credible

Senate passes minimum wage increase -- with tax breaks

U.S. / NEWS Fri Feb 2, 2007 @ 9:30am neoform
Workday Minnesota -- The U.S. Senate passed legislation Thursday to increase the federal minimum wage, but coupled the measure with tax breaks for business... Read More
+8
Amazing
90% Credible

Should Illegal Drugs Be Taxed?

U.S. / NEWS Wed Jan 17, 2007 @ 9:24am mrmdc
Time -- In April of 2005, Jeremy Robbins was arrested attempting to traffic two tons of marijuana from Arizona to East Tennessee. Indicted on federal drug conspiracy charges, Robbins was soon assessed a $1.1 million fine from Tennessee's Department of Revenue. T.. Read More
+8
Interesting
100% Credible

Deficit Falls to Lowest Level in 4 Years

U.S. / NEWS Sat Jan 13, 2007 @ 5:04pm neoform
Washington Post -- The federal deficit has improved significantly in the first three months of the new budget year, helped by surging tax revenue... Read More
+6
Interesting
90% Credible

Bush Breaks 150-Year History of Higher U.S. Taxes in Wartime

U.S. / NEWS Fri Jan 12, 2007 @ 1:15pm neoform
Bloomberg -- It was once considered Americans' patriotic duty: enduring extraordinary tax increases in wartime to help finance the fight... Read More
+19
Insightful
100% Credible

Tax Cuts Offer Most for Very Rich, Study Says

U.S. / NEWS Mon Jan 8, 2007 @ 11:59pm neoform
New York Times -- Families earning more than $1 million a year saw their federal tax rates drop more sharply than any group in the country as a result of President Bush’s tax cuts, according to a new Congressional study... Read More
+6
Insightful
100% Credible

Want to reduce poverty? Lower those tax rates

U.S. / NEWS Sun Dec 17, 2006 @ 10:27am neoform
Christian Science Monitor -- Building a strong economy – and helping the poor – means keeping taxes and government spending low... Read More
+10
Interesting

How the IRS failed to stop $200M in bogus refunds

U.S. / NEWS Wed Dec 6, 2006 @ 8:36am neoform
USA Today -- At least two months before the IRS mistakenly began paying an estimated $200 million in fraudulent or erroneous 2006 tax season refunds, the agency was warned about potentially “catastrophic” problems in a new computer being developed to avert such a.. Read More
+3
Interesting

Illegal Immigrants Lose Out on Tax Refunds in Kansas, Mo.

U.S. / NEWS Mon May 14, 2007 @ 8:02pm neoform
FOX News -- Uncle Sam might be willing to give refunds to illegal immigrants who have paid more than their share of federal income taxes, but Missouri and Kansas aren't so generous. Tax officials in the two states insist that taxpayers provide accurate information.. Read More
+1
Under Rated

IRS: Online Taxpayers Getting Hijacked

U.S. / NEWS Mon Apr 16, 2007 @ 12:30pm neoform
ABC News -- Just before the deadline for personal income tax filings, the Internal Revenue Service is warning consumers of a scam that targets the majority of American taxpayers who file online. The scheme is so new, the government has no idea how many taxpayers h.. Read More
+1
Under Rated
90% Credible

Mogul Sentenced to 9 Years For Tax Evasion and Fraud

U.S. / NEWS Wed Mar 28, 2007 @ 10:25pm neoform
Washington Post -- Eccentric Washington telecommunications mogul Walter C. Anderson was sentenced yesterday to nine years in prison for failing to pay $200 million in taxes -- but a federal judge ruled the Internal Revenue Service won't be repaid for now because prosecutors.. Read More
+1
Under Rated

Letters, 3/17

U.S. / OPINION Sat Mar 17, 2007 @ 6:07pm neoform
Denver Post -- Defining a tax increase Re: "Propping up property tax," March 13 news story. Well, as usual, the Democrats get the governor's office and the tax increases start. Gov. Bill Ritter announcing a freeze on property taxes when property taxes are supposed.. Read More
+4
Interesting
80% Credible

Your real tax rate: 40%

U.S. / NEWS Sat Feb 24, 2007 @ 10:44pm neoform
MSN Money Central -- We have a national flat tax, albeit one with bumps and potholes. The fact that the political parties won't acknowledge this is one reason they are doing a disservice to the voting public. Instead, both parties have a vested interest in the theatrica.. Read More
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