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Thursday, June 4, 2009

New drink tax widely opposed

by taxnick on June 4, 2009

A push for new taxes on soda, beer and wine to help pay for Americans’ health care is stirring up more than just the beverage industry.
Advertisers, corn refiners — even addiction treatment centers — have mobilized their lobbyists, reflecting how a tax increase for a handful of popular products can reverberate broadly across Washington’s interest [...]

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IRS Files $800k Tax Lien Against John Kerry’s 2004 Campaign

by taxnick on June 4, 2009

The IRS has filed a $819,848 tax lien against Sen. John Kerry’s 2004 presidential campaign for failure to file payroll tax forms, but Kerry on Wednesday blamed an IRS clerical error.  Tax Analysts reports that Sen. Kerry released documentation from the Paychex payroll service claiming that the tax forms were properly filed in January 2005 and then [...]

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