Taxes

If You Pay Cyberattack Ransom, Deduct It On Your Taxes

Yet again, there has been a major cyber attack, this time on a very large scale. This time, the massive cyberattack was traced to tax software. It is said to have impacted people in 64 countries, with its origins in a Ukrainian company’s tax accounting software. Reports say impacted systems are …

Tax Preparation

Key Republicans Want to Scrap Health Bill's Tax Cuts for Wealthy - Bloomberg

Several Senate Republicans began to question Wednesday whether their health-care bill should repeal a tax on high-income Americans imposed by …

Health Care

Fact check: Rand Paul’s subsidies twist

Sen. Rand Paul, who opposes the Republican Senate health care bill, says subsidies “are actually greater under the Republican bill than they are under the current Obamacare law.” But the nonpartisan Congressional Budget Office says the average subsidy under the bill would be “significantly lower …

Tax Preparation

Rep. Jordan Hopes Health Vote Doesn't Affect Tax Reform

Rep. Jim Jordan, an Ohio Republican, discusses the prospects for health-care legislation and tax reform with Bloomberg's Kevin Cirilli on "Bloomberg …

Tax Reform

Trump Accuses Amazon of Tax Avoidance, Bankrolling ‘Fake News’

Jeff Bezos owns a newspaper that does not comport itself as the president’s personal <i>Pravda</i>. He has also, repeatedly, expressed a desire to shoot …

Fake News

What Happened to America’s Wealth? The Rich Hid It.

If you find yourself traveling this summer, take a closer look at America’s deteriorating infrastructure — our crumbling roads, sidewalks, public …

Wealth

Morning Bits

Maybe we need a new secretary. “[Secretary of State Rex W.] Tillerson is treating the State Department as if it were a poorly run conglomerate that is in need of an urgent overhaul by a new CEO who is waiting for the management consultants to tell him which lines of business to keep and which to …

Tax Reform

Paul eligible for super-max extension with Rockets next summer

Wednesday's bombshell that the Houston Rockets had reportedly acquired Chris Paul from the Los Angeles Clippers was met with more than just surprise …

State Income Tax

Why Donald Trump can’t make deals in Washington

The big problem is he has no idea what he’s talking about.<p>Donald Trump is proud of his reputation as a master dealmaker. Congressional Republicans even like to bring it up to flatter him.<p>“He comes from the private sector where your business partner today isn’t always your business partner …

Donald Trump

Health bill stalls in Senate

<b>HEALTH BILL STALLS IN SENATE</b> — Well, the worst possible outcome for tax reform has arrived. Senate Majority Leader Mitch McConnell announced the Senate would not take up its Obamacare repeal bill this week and instead would wait “a couple of weeks.” That means further delays in when the House and …

Tax Reform

Call 4 Action Helps Pepperell Man Get Missing Tax Refund

PEPPERELL (CBS) – A Pepperell man has been looking for his state tax refund for nearly three months, and wants to know, what’s taking so long?<p>So he …

Tax Preparation

Neil Buchanan: Tax Reform? Beware What You Wish For

Every tax proposal Republicans have suggested would take us in the wrong direction.

Tax Reform

Senate GOP focuses on premiums, but would health plans be affordable?

WASHINGTON – Their plans in shambles for a hurried vote to rewrite major parts of the Affordable Care Act, Senate Republicans are still reciting …

Tax Preparation

The only groups supporting the Senate Trumpcare bill like it for the tax cuts

×<p>Tag History<p>Taxes created by FaithGardner at 06/28/2017 11:03 AM<br>• Money Taxes created by FaithGardner at 06/28/2017 11:03 AM<br>• Business Money Taxes …

Liberal POV

Spa Castle workers accused of taking pics in women’s locker room

Four women are suing a spa in Texas after three employees at the sprawling oasis allegedly snapped cellphone pictures of them in the facility’s …

Spas

Top tips as tax time looms

The end of the financial year is almost upon us and there are a few last minute things you can do to fatten your tax return and avoid run-ins with …

Tax Preparation

Trump Unaware of Trumpcare’s Single Most Important Feature

Barack Obama helped pass the Affordable Care Act by defending its merits in meaty press conferences and hours-long public exchanges with Republican …

Health Care

Expanded military retiree tax breaks approved by Senate

Senators want to give a state income tax break to more North Carolina military veterans on retirement pay or benefits received by surviving family …

State Income Tax

Tax reform “on track” for 2017, despite health care delay: Rep. Kevin Brady

Rep. Kevin Brady (R-Texas) of the Ways and Means Committee said Wednesday Republicans are “still on track” to deliver major tax reform this year, despite Senate Majority Leader Mitch McConnell’s (R-Ky.) announcement Tuesday to delay the vote on the Senate’s health care bill until after the July 4th …

Tax Reform

Germany's Schäuble sets out pre-election budget

The German government has set out its financial plans three months prior to elections. Its 2018 budget and longer-term financial plan until 2021 …

World News

Look at Warren Buffett's First Tax Return at Age 14! (BRK-A)

Today, billionaire Warren Buffett is one of the world's wealthiest and most famous investors. As the leader of Berkshire Hathaway (BRK-A), he grew …

Tax Preparation

Thoughts On Medicaid: What To Do? Save It? Transform It? Protect Its Beneficiaries?

Opinion writers examine how plans to overhaul Medicaid impact those who rely on it -- especially vulnerable populations.<p>St. Louis Post-Dispatch: …

Tax Preparation

Can you smell the freedom?

The central theme of the Republican campaign to repeal the Affordable Care Act has been freedom: freedom from Obamacare’s onerous regulations, …

Health Care

Op-Ed | A Bad Brexit Would Pull the Fashion Industry Apart at the Seams

<b>LONDON, United Kingdom</b> — A great many people all over the world have at least something in their closets that’s been conceived by a UK-trained designer or sold by a UK-based retailer. If industries were nations, then fashion would represent the seventh largest economy in the world and what happens …

Brexit

India’s historic tax reform represents real progress

There are rare moments when a nation will do the sensible thing despite itself. One such occasion is due to happen this weekend when India introduces …

Tax Reform

Oregon Promise will be 'significantly' changed amid budget crisis

Oregon higher education leaders are considering making significant changes to who qualifies for the Oregon Promise, the last-dollar scholarship …

Adjusted Gross Income

Small business optimistic about tax cuts

Almost two-thirds of small businesses are upbeat about the tax cuts they are about to receive as the 2016/17 financial year draws to a close.<p>More …

Small Business

Why Entrepreneurs Should Move to Puerto Rico

the tax benefits are quite strong.<p>When you make a list of thriving economic hubs and the top places to start a business, Puerto Rico usually isn't mentioned. The country has over $70 billion in debt with no concrete repayment plan in place, imports over 85% of its produce, and Puerto Ricans pay up …

Retirement

Forget Kansas - North Carolina Is The National Model For Conservative Tax Reform

By overriding a veto from Gov. Roy Cooper (D-N.C.), the Republican-controlled North Carolina legislature enacted a new budget today that cuts the state’s personal and corporate income tax rates. Under this new budget, the state’s flat personal income tax rate will drop from 5.499 to 5.25% in …

Tax Reform

Income Tax Planning Is the New Estate Tax Planning

For decades, minimizing estate taxes was a top priority for anyone with substantial assets. Now, with the estate tax exemption at an all-time high of …

Estate Tax