NY Gov Cuomo offers $142 billion budget with education increases; Also aid for Sandy
Gov. Andrew M. Cuomo unveiled a $142.6 billion budget proposal Tuesday that includes about $4 billion in federal aid for superstorm Sandy recovery.
Tax
Upcoming W-2 & 1099 Deadlines: Penalties and Fines to Avoid in 2013
Businesses should be in the middle of preparing and delivering their W-2 and 1099 forms for last year. If not, they're likely going to face penalties.
29 year-old CPA is youngest in U.S. Congress; 10 CPAs Now in Congress
There are 10 Certified Public Accountants serving in Congress.
Tax Executives List Tax Compliance as Top Focus
Tax leaders are spending more time on tax compliance strategy and planning, according to a recent poll by Thomson Reuters.
Gas Taxes Pay for Only a Fraction of Road Spending
Despite being dedicated to fund transportation projects, revenue from gas taxes and tolls pays for only about a third of state and local spending on roads, according to a new analysis (http://taxfoundation.org/article/gasoline-taxes-and-tolls-pay-only-third-state-local-road-spending) by the Tax Foundation. Wyoming and Alaska come last in transportation funding derived from gas taxes and tolls, while Delaware and Florida rank the highest.
Virginia retailers weigh in on plan to raise sales tax
Retailers usually bristle at any suggestion to raise the sales taxes.
Florida diner owner accused of not filing sales tax returns since 2009
The owner of Celebrity Diner in Royal Palm Beach, Florida, was arrested Wednesday, after police said she failed to file consecutive tax returns dating back to 2009.
Massachusetts Gov. wants to lower sales tax, increase income tax
Critics contend Gov. Deval Patrick's call to raise the income tax will kill jobs and make the state less competitive, but supporters say it will pay for itself and spur growth.