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TAX LAW NEWS - TAX LITIGATION
From the category archives:
The IRS defended its proposals to enforce a law that taxes personal use of employer-provided cellphones, saying the changes are aimed at helping businesses comply, not taxing individuals.
Dow Jones Newswires reported Thursday that an IRS proposal released this week could wind up taxing employees on 25% of the value of their work cellphone. The IRS [...]
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The november elected President Obama and his administartion are proposing the rich pay much more tax than ever before. A big part of the proposal is the slashing of the mortgage deduction of the rich.
The wealthier Americans are going to be left with a smaller benefit from the deduction of mortgage interest, state and local [...]
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Under a budget proposed by Gov. David A. Paterson Tuesday, the state would charge sales tax on activities that include downloading music, attending a ballgame and getting a massage.
Paterson’s executive budget included 88 fees, 10 fines and 39 tax changes that would bring in over $5 billion next year.
“The governor feels these fees are fair, [...]
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During the campaign, President-elect Barack Obama promised to stick it to Big Oil with a windfall profits tax. At the time, reason explained why such a tax was a bad idea:
Sen. Barack Obama (D-Ill.) is also calling for a windfall profits tax on oil companies. But will it work?
The last time the United States imposed [...]
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