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Tax credit bill for Florida-made movies postponed again

tbo.com – For the second time in two weeks, the House’s film and entertainment tax credits bill has been pulled off of an agenda of bills for consideration. The measure (HB 451) was “temporarily postponed” last week to Tuesday’s floor…

Income tax won’t get off ground in Washington state

union-bulletin.com – Income tax is the third rail in Washington state politics. Yet, state Treasurer Jim McIntire this week dared to touch this dangerous topic when he proposed a 5 percent income tax to fund education. McIntire said an overhaul…

Tax Filing Guide for Entrepreneurs

If you are starting out in business, you need to be aware of the tax obligations you have as a first-time business owner.  If you are new to entrepreneurship, this post will help you navigate your tax responsibilities to Uncle…

Federal Employees Owe More Than $1 Billion in Back Taxes

Federal government employees owe more than $1.14 billion in unpaid taxes in 2014, more than the previous year’s figure by about $65 million.  This amount was owed by about 113,800 federal workers whereas the delinquent taxes in 2013 was owed by 116,169 employees….

Lummis votes to limit IRS impact on Americans, wants to reform tax code

oilcitywyo.com – Last week, U.S. Representative Cynthia Lummis supported and voted for a host of bills that reform the tax code and restrict the IRS. Two of the more important bills, which Rep. Lummis also cosponsored, are H.R. 622: State…

Today is Tax Freedom Day

www.pnj.com – Today, state taxpayers have finally made enough money to pay their total tax burden for the year, according to the nonpartisan Tax Foundation. Starting the next day, you actually get to keep the money you make. This holiday…

ISP Warns of Fraudulent IRS Calls

www.21alive.com – The Indiana State Police are warning Hoosiers of fraudulent IRS calls from identity thieves. According to the Indiana State Police, the callers will pretend be working for the IRS and will claim the person they are calling owes…

IRS hands MSNBC host Melissa Harris-Perry, husband $70K tax lien

www.campusreform.org – Earlier this month, the Internal Revenue Service levied a $70,000 tax lien on MSNBC host Melissa Harris-Perry and her husband. Harris-Perry, who is also a Presidential Chaired Professor at Wake Forest University, told the Winston-Salem Journal that she…

Taxing Smokers No Sign of Support for Education

www.columbiatribune.com – When Missouri Attorney General Chris Koster pitched a tax increase on cigarettes, he said, “Surely each of us values higher education for our young people more than we value cheap cigarettes.” Speaking for ourselves, we certainly value the…

Feds Ask Court to Shut Down 2 S. Carolina Tax Preparers

www.live5news.com – The federal government has asked a judge to shut down two South Carolina tax preparers who officials say potentially cost the government millions in underpaid taxes. The U.S. Justice Department says in a release that it has asked…

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