Taxes
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‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
New Jersey Joins IRS Direct File For 2025 Filing Season
A good market for CPAs: NYC suburb has most high income households
The combined cities of Bridgeport, Stamford and Norwalk, Connecticut, within commute distance of New York City, has the nation's highest percentage of households with high income at 17.9 percent, according to a report from the U.S. Census Bureau.
Pennsylvania property tax, rent rebate program applications now available
The rebate program benefits eligible Pennsylvanians age 65 and older; widows and widowers age 50 and older; and people with disabilities age 18 and older. The income limit is $35,000 a year for homeowners and $15,000 annually for renters, and half of Social Security income is excluded.
Former NY State Senator pleads guilty to fraud conspiracy
Former New York State Senator Shirley Huntley has pleaded guilty to conspiracy to commit mail fraud.
Group says that offshore tax havens cost U.S. $150 billion each year
The Massachusetts Public Interest Research Group says that large companies aren't paying their fair share of the state's taxes.
IRS seeks comment on dual use equipment
On Jan. 6, the IRS issued a notice seeking comments on dual-use property as it considers issuing new guidance to reduce disputes between equipment dealers and the agency.
Groups accused of mortgage fraud and “forensic audit” scam reach settlement agreement
The Federal Trade Commission has announced that the defendants behind an operation that allegedly preyed on vulnerable homeowners have agreed to settle Federal Trade Commission charges that they lured people into paying $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages.
Taxing tax prep and accounting? New Ohio bill would expand sales tax to nearly all services
As a part of his broader attempt to overhaul the tax system in his state, Ohio Governor John Kasich's plan would expand sales taxes to virtually all services that are currently not subject to sales tax under state laws.
11 indicted for filing taxes for 2,700 dead people
A South Florida ring accused of plotting to fleece $34 million from the U.S. government by filing phony tax returns in the names of thousands of dead people was indicted this week.