February 24, 2013
Vacation home buyers need to consider hidden costs: Property and State Taxes, Other Costs
People considering a vacation home need to consider other costs, like taxes.
February 24, 2013
People considering a vacation home need to consider other costs, like taxes.
February 24, 2013
The Virginia State Senate voted 31-8 on Friday to approve amendments to the state’s two-year budget, including language to allow Medicaid expansion pending reforms in the state’s program. Twelve senators lodged a protest against the Medicaid language after Lt. Gov. Bill Bolling ruled that it could not be separated from the budget for a separate...…
February 24, 2013
A Lancaster, Pennsylvania restaurant company is facing mounting tax bills, which have grown to more than $2 million. The Keares Restaurant Group now has $2.2 million in federal tax liens for unpaid taxes, penalties and interest on several businesses, some that have been closed for more than 10 years. The recently filed liens include: $932,680...…
February 23, 2013
The standard mileage rates for business travel expenses for 2013. Also, medical mileage rates, moving driving rates, and charitable driving rates for deduction purposes.
February 22, 2013
Three people involved in a fraudulent tax-refund scheme were sentenced Thursday in federal court in Orlando for conspiring to defraud the government.
February 22, 2013
Three Texas personal injury lawyers will have to pay up after a tax court decided yesterday that they invested hard-earned fees in tax shelters that couldn’t pass the Internal Revenue Service’s smell test.
February 22, 2013
Company Reiterates Full-year Revenue Guidance
February 22, 2013
The Internal Revenue Service reminds taxpayers who converted amounts to a Roth IRA or designated Roth account in 2010 that in most cases they must report half of the resulting taxable income on their 2012 returns.
February 22, 2013
Half of the construction workers in Texas are undocumented, according to a new report by an Austin immigrant rights group and University of Texas researchers that surveyed nearly 1,200 workers throughout the state.
February 22, 2013
Wal-Mart Stores Inc. beat expectations for its most recent fiscal quarter, but the world's largest retailer is now warning that higher payroll taxes, income tax refund delays and lofty gas prices will cause stagnant sales during the current quarter.
February 22, 2013
A convicted Miami-Dade drug trafficker unemployed for the past decade discovered how to make a quick buck, cashing $12 million in fraudulent tax-refund checks over five months last year, authorities say.
February 22, 2013
A new online resource center has been launched to help Ohio businesses and individuals stay apprised of the significant tax changes and financial implications proposed by Ohio Governor John Kasich's biennial budget bill (House Bill 59).