Income Taxes

Featured Articles

 Portland, Ore. Workers Push for $15 Minimum Wage

June 15, 2014 

Portland, Ore. Workers Push for $15 Minimum Wage

Justin Norton-Kertson admits he was "kind of surprised" that members of the Portland City Council said anything Wednesday in response to his public testimony about a $15 minimum wage for Portlanders.

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June 15, 2014 

Tax Analysts Sues California to Release Documents

A tax news source has sued California's Franchise Tax Board for refusing to disclose the documents it uses to decide whether to combine the incomes of two related companies and how to calculate their taxes.

 Tax Evasion Defense: Resident of Heaven

June 15, 2014 

Tax Evasion Defense: Resident of Heaven

A Twin Cities woman has pleaded guilty to dodging income taxes for many years in connection with her family excavation and sewage treatment business, when she claimed she and her husband were not U.S. citizens but permanent residents of the "Kingdom of Heaven."

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June 12, 2014 

Tips for Businesses to Avoid Committing Fraud

The School of Graduate and Professional Studies at New England College has but together an infographic that offers an easy go-to guide for businesses on what’s legal and what’s illegal when it comes to managing their business through the year and when preparing for their taxes.

Isaac M. O'Bannon

 California Businesses Vie for $30 Million in GO-Biz Program Credits

June 9, 2014 

California Businesses Vie for $30 Million in GO-Biz Program Credits

With less than a month to go, California businesses are eager to qualify for a new state income tax credit. The "California Competes" program, administered by the state Office of Business and Economic Development, is handing out $30 million to encourage companies to grow here and not leave the state. The pot will expand to…

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June 5, 2014 

IRS Releases Final Guidance on Tribal Government Benefits Excluded as Income

The U.S. Department of the Treasury and Internal Revenue Service (IRS) have issued final guidance specifying that a wide range of benefits and services provided by Indian tribal governments qualify for the general welfare exclusion from income. These include programs for housing, education, cultural and religious purposes, and the elderly and disabled, among others.

Isaac M. O'Bannon