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taxes Articles

Maryland Rain Tax Goes After Residents With Driveways Maryland Rain Tax Goes After Residents With Driveways
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A rain tax sounds kind of preposterous, but the state of Maryland will be implementing such a thing very soon. The Gazette, a local Maryland newspaper, reports that new regulations put into place by the EPA require Maryland to reduce …

Online Sales Tax Law Closer To Reality? Online Sales Tax Law Closer To Reality?
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Last week, Senators Mike Enzi and Dick Durbin were accused of trying to “sneak” through legislation similar to the controversial Marketplace Fairness Act as a budget amendment. They succeeded in getting that through the Senate. The basic premise of the …

Ex-Chicago Bear Charged For Tax Evasion Ex-Chicago Bear Charged For Tax Evasion
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The Associated Press is reporting that former NFL player Chris Zorich has been charged for tax evasion. The football player has allegedly not filed federal income tax returns for “over four years.” Zorich played for Notre Dame in college and …

Facebook Throws Its Weight Behind LGBT Tax Equity Legislation in California Facebook Throws Its Weight Behind LGBT Tax Equity Legislation in California
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Facebook is throwing its weight behind a proposed California law that would provide tax equity for the state’s LGBT couples. AB 362, proposed by Democratic Assemblymember Philip Ting (San Francisco), would provide tax relief for employees who receive reimbursement from …

Should Internet Data Be Taxed? Should Internet Data Be Taxed?
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French President François Hollande commissioned a report that was presented last Friday, which describes a new Internet tax that would attempt to collect revenue from Internet companies based on the amount of users whose data they track and monetize. Should …

Tax Returns: Jan. 30 is When Processing Begins Tax Returns: Jan. 30 is When Processing Begins

The U.S. Internal Revenue Service (IRS) announced this week that the 2013 tax filing season won’t open until January 30. The IRS will not begin processing individual income tax returns until then. The IRS had originally planned to open electronic …

Google Reportedly Facing $1.3 Billion Tax Bill In France Google Reportedly Facing $1.3 Billion Tax Bill In France
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In addition to publisher-related issues Google is facing in France, it is also having some tax related issues. Tax related issues that could amount to about $1.3 billion. Direction générale des finances (essentially the French IRS) may order Google France …

Apple Responds To Accusations Of Tax Dodging Apple Responds To Accusations Of Tax Dodging

Everybody knows that corporations – especially large corporations – do everything they can to minimize certain kinds of costs. They outsource manufacturing to a place where workers earn less pay and fewer benefits, and they take advantage of every loophole …

Jon Lovitz on Obama: Do Not Tax the Rich Jon Lovitz on Obama: Do Not Tax the Rich
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Jon Lovtiz has made enough money that he has to worry about Obama taxing the rich? That’s incredible! To be perfectly honest, I had absolutely no idea the guy was still working. Assuming, of course, that you consider hosting your …

Lindsey Vonn Talks Taxes On Facebook Lindsey Vonn Talks Taxes On Facebook
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It’s that time of year – trees blossoming, birds chirping, baseball on TV. Oh, and of course the wonderful ritual of filing taxes. While most Americans have been scrambling to get their 2011 taxes in on time, one high-profile Olympian …

Tax Season 2012: No W-2 Still? What To Do. Tax Season 2012: No W-2 Still? What To Do.

Last week, we talked about the deadline that businesses have for sending out W-2 forms to employees (Jan 31). At that time, I suggested that, if you had not received your W-2 yet, to just sit tight and give it …

Zuckerberg’s One-Dollar Salary: Why Do CEOs Do That? Zuckerberg’s One-Dollar Salary: Why Do CEOs Do That?

With Facebook’s IPO filing this week, lots of little tidbits of information about the company came to light. Josh Wolford has reported on the fact that, as of 2013, Facebook founder Mark Zuckerberg’s salary will be set at $1 per …

Tax Season 2012: W2 Day on Twitter Tax Season 2012: W2 Day on Twitter

Companies were required to mail out W2s to employees by Jan 31. So, most people are getting their W2s in the mail today. Like clockwork every year, you can tell when W2s hit. Look for tax prep software ads to …

Tax Season 2012: Avoid Online Scams Tax Season 2012: Avoid Online Scams

For years, online scammers have been taking advantage of people at tax time. Many people look for ways to get their tax refund back as quickly as possible. Legitimate tax return prep offices and other businesses offers “refund anticipation loans”, …

H&R Block Coupon Code Gives 20% Off Software Download H&R Block Coupon Code Gives 20% Off Software Download

CouponBuzz.com announced a new 20% off H&R Block Coupon code for H&R Block At Home downloadable tax preparation software. The coupon code is featured on their recently launched webpage dedicated to H&R Block coupons and coupon codes. H&R Block At …

Foxconn’s Brazilian iPad Factory To Begin Production As Government Grants Tax Breaks Foxconn’s Brazilian iPad Factory To Begin Production As Government Grants Tax Breaks

Foxconn will soon begin production of iPads in Brazil, as the country has approved specific tax incentives designed to aid Apple’s popular tablet. The Brazilian government will give tax breaks to Foxconn for the production of tablets specified as weighing …

Google Gets Audited by the IRS Google Gets Audited by the IRS
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Government scrutiny is starting to go along with Google like grape jelly goes along with peanut butter. This time it’s not the DoJ or the FTC or the Senate, but the IRS – the United States Internal Revenue Service. A …

Warren Buffett Calls For Higher Taxes, Proves Twitter Has a Spelling Problem Warren Buffett Calls For Higher Taxes, Proves Twitter Has a Spelling Problem
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Billionaire Berkshire Hathaway CEO Warren Buffett has made a splash on the internet with a piece published yesterday in the New York Times. In the op-ed, entitled “Stop Coddling the Super-Rich,” Buffett makes the case that taxes need to be …

Main Street Fairness Act Draws Amazon Support, eBay Opposition Main Street Fairness Act Draws Amazon Support, eBay Opposition
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On Friday, Senate Democrats introduced the “Main Street Fairness Act” again. It was also introduced in in the House by Rep. William Delahunt (D-MA) during the last session of Congress. Essentially, the bill calls for a federal set of guidelines …

Should the Internet be Taxed? Should the Internet be Taxed?
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On Friday, a new California state law goes into effect that will tax Internet sales through affiliate advertising. Rather than pay such taxes, online retailers like Amazon will instead shut down their affiliate programs in the state. For Amazon, that …

Internet Sales Tax Bill Expected Internet Sales Tax Bill Expected
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Every so often, the idea of an Internet sales tax circulates, stirring up controversy and sparking debates about fairness.  Now, it’s apparently that time again, as a report’s indicated Senator Dick Durbin intends to introduce a bill sometime this month. …