Tax News and Information
I read this in the Salt Lake City paper and wanted to share it with you.
"Federal home buyer tax credits continued to prop up sales prices in the second quarter. But now that those credits have expired, economists worry price declines will come soon."
Shannon told me about this and I found this story about it at WWW.WJACTV.COM on Tuesday.
"A Cambria County tax preparer was sentenced to five years probation and must pay $15,000 in fines for cheating the federal government out of nearly $87,000."
Tiffany wrote:
I came across this post Tuesday.
Would anyone care to comment?
My research with Erica lead me to this.
Clarence writes:
"Tax increment financing allocations recently were revoked for three downtown developments in what former Oklahoma City Mayor Ron Norick called "dealing with the economic reality of the world.""
I found this article and thought I would pass it along.
"State tax collections rose 2.2 percent in the three months ended June 30, the second straight quarterly gain, the Nelson A. Rockefeller Institute of Government said in a report today."
My cousin told me about this.
"IRON ore developers continue to fret about whether their projects will be hit with a mining tax. But there are no such fears for Rio Tinto and Gina Rinehart, its partner in the Hope Downs iron ore project."
"The Direct Tax Code Bill, which was tabled in the Lok Sabha on Monday, has been delayed by a year. The Bill will now come into effect from April 1, 2012."
My cousin told me about this - "DRINKS giant Diageo has demanded an overhaul of the tax system for alcohol which would see hikes in duty for wine, beer and cider."