Tax Preparation

Mum who enjoyed holidays in America and had plastic surgery jailed after dishonestly claiming £70k in tax credits

A former student nurse who fraudulently claimed more than £70,000 in tax credits lived a “lavish” lifestyle, enjoyed holidays with her husband, …

News (Wales)

In pictures: six fake HMRC messages that are catching people out

HM Revenue & Customs has published example images of fake emails and text messages on its website in the hope that it will show people how convincing bogus messages can be.<p>While various fraud prevention bodies have published a plethora of images of fake messages claiming to be from the taxman, it …

Identity Theft

Strengthening the ACA for the Long Term — NEJM

Most complaints about the Affordable Care Act (ACA) (e.g., high and rising insurance premiums, large deductibles, and insurer exits) relate to …

Health Care

IRS Changes Position, Will Not Accept Tax Returns Which Are Silent On Healthcare Coverage

In a reversal, the Internal Revenue Service (IRS) has indicated that it will not accept electronically filed tax returns where the taxpayer does not address the health coverage requirements of the Affordable Care Act (ACA). This is in contrast to the 2017 filing season when the IRS took the …

Internal Revenue Service

Governor promises Arkansas Works will remain stable despite Trump executive order

Governor Hutchinson told reporters Tuesday that Arkansas Works, the state’s privatized approach to Medicaid expansion, would be able to fully offset …

Health Care

IRS: Public-private crackdown slashes identity theft, tax refund fraud

Identity Theft

IRS: Tax refund fraudsters already had much of that Equifax stolen data

Skip in<p>x<p>Embed<p>CLOSE<p>While IRS reports progress on cracking down on tax-related ID fraud, consumers and businesses warned to watch out for con artists …

Identity Theft

A cruel Tax Credits shake-up dubbed the 'rape clause' will be fought in the High Court

A cruel benefit shake-up dubbed the ‘rape clause’ will be fought in a landmark High Court challenge.<p>The Child Poverty Action Group is mounting a …

Children's Rights

The Realtors Take a Tax Hostage

Republicans had hoped to mute opposition to their tax blueprint by preserving the deduction for mortgage interest, but no bad policy goes unpunished. The Realtors are still howling that the reform will hurt homeowners, and they’re trying to take a central element of reform as a political …

Opinion

'No Thank You, Amazon.'

Tomorrow, local leaders will submit their case to Amazon that Baltimore should be the choice location for the company’s new headquarters (HQ2). This …

University of Southern California

How Do Capital Gains Affect AMT?

Find out if the much-hated alternative minimum tax will snare your capital gains.<p>One of the most favorable tax provisions for long-term investors is …

Investing

Should You File an Early Tax Return? | Investopedia

Despite the fact that many taxpayers file their tax returns on or about April 15 every year, it’s not mandatory to wait until the last minute; …

Personal Finance

Analysis shows how state and local tax deduction repeal could hurt your zip code

Nearly 50% of households in New York's second congressional district on southern Long Island claim the SALT deduction<p>Advocates for preserving a …

Taxes

5 Ways Republicans Could Ruin Tax Reform

Policymakers want to unleash economic growth in America by fixing our broken tax system. Or so they say.<p>Now that the conversation has moved beyond …

Conservative View

Proposed Bill to End Tax Breaks for Companies With Sexual Harassment Records

In the wake of the Harvey Weinstein scandal, one New York State politician is attempting to combat the problem of insidious sexual harassment and …

Fashion

Trump's Latest Health Care Move Will Cause Pain, But Not For The Poor

Some people in the upper-middle class will end up paying more.<p>President Donald Trump’s decision to halt a series of payments to health insurers could eventually affect millions of Americans who buy coverage through one of the Affordable Care Act’s exchanges or on their own, directly from …

News (U.S.)

Pa. approves steep 2018 ACA exchange percentage increases, hopes to minimize impact

The Pennsylvania Department of Insurance on Monday announced that it had approved average rate increases of 30.6 percent for individual plans to be …

Insurance

Here’s How the Tax Code Helps Rich Taxpayers in Big Government States Pay Less

As Congress works on tax reform, it is worth noting how politicians and interest groups use the code for their benefit often at the expense of others.<p>…

Conservative View

Rauner's tax returns: $91 million in taxable income for '16

Gov. Bruce Rauner had more than $91 million in state taxable income in 2016, a significant drop from the $188 million he and wife Diana reported for 2015, according to tax returns the governor’s office released Tuesday.<p>The Rauners paid $19.5 million in federal income taxes and $3.2 million in state …

Bruce Rauner

Brown Vetoes Obama-Era Campus Assault Rules, Tax Return Disclosure, Gender Pay Data

From the Tuesday edition of the Morning Jolt:<p><b>Jerry Brown Concurs with DeVos on Campus Due Process Rules</b><p>Conservatives find themselves in the …

Conservative View

Globe editorial: The Liberals revise their small-business tax return

Remember Elbowgate? That time when Prime Minister Justin Trudeau lost his cool, stormed out of his seat in the Commons, and while moving faster than was prudent on the wrong side of the aisle, elbowed NDP MP Ruth Ellen Brosseau in the chest?<p>During Monday's press conference on small business …

Small Business

How much medical aid holders will be losing to the NHI next year

Some South African medical aid holders can expect to lose out on as much as R10,000 when the NHI comes into effect next year.

Health Care

Schumer wants Pence to explain plan to end tax deduction popular in New York

ALBANY – On the eve of Vice President Mike Pence’s visit to the Buffalo area, Senate Minority Leader Charles E. Schumer on Monday urged New Yorkers …

Buffalo

Lower potential income exposure to charitable premium assistance program propels DaVita, shares ahead 4%

DaVita (DVA +4%) says if its charitable premium assistance program was eliminated, an unlikely scenario in its view, annual operating income would be …

Business

Were These 6 States Targeted by the Trump Tax Plan?

Find out where one particular provision of tax reform would hit residents the hardest.<p>President Trump and Republicans in Congress are working hard to …

Retirement

Brady and Ryan Mulling Big Gamble on Key Tax Deduction

State and local tax deduction has its fans among rank and file, though<p>House Republican leaders face many decisions regarding details of a tax …

Politics

Federal Court Shuts Down Houston Area Tax Return Preparers

A federal court in Houston, Texas, permanently enjoined Levett Navarro Camarena and her son Chase Edward Camarena from preparing federal tax returns …

Corruption

Steve Bannon admits Trump is intentionally trying to ‘blow up’ health insurance markets

Former White House Chief Strategist Steve Bannon told a conservative crowd at the Values Voter Summit on Saturday that Donald Trump cut off certain …

Liberal View

Two weeks left to submit your paper tax return

<b>The deadline for paper tax returns is 31 October 2017 – so those hoping to file their 2016-17 tax return by mail have less than two weeks to do …

Taxes

Killing state and local tax deduction hits many Californians hard. Limiting it only affects top 1%

Limiting instead of scrapping the federal income tax deduction for state and local taxes would preserve the benefit for all but the top 1% of earners, but would raise only about a quarter of the revenue for lawmakers looking to offset broader proposed tax cuts, according to a new analysis.<p>The …

Politics