Corporate Income Taxes. Legal news and articles for February 27 - 28, 2012

YPSILANTI: Income tax proposal on May ballot after city council approvalTips to avoid common income tax problemsIncome Taxes and Liberal ShibbolethsTax Revenue Less Than Gov. Projects: AnalystJonathan, Sambo, govs to pay personal income taxChristie Team Underestimates Cost of Income Tax CutForMyTax.Com Announces Free 1040EZ efiling and Personal Income Tax Filing for ...Analyst: Tax revenue less than governor projectsChristie takes his 10 percent income tax cut proposal to the airTax board asks President, other political office holders previously exempted ...Many income tax refunds are 'late'Obama Administration's 2013 Budget Proposal Includes Key Changes to Income Tax...High Income Tax BreaksChristie Team Underestimates Cost of Income Tax CutUkraine to return tax on childlessness for 30-year-old citizens, according to bill

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Plans to slash income tax, overhaul tax code likely to be focus of 2012 Okla ...
The RepublicFebruary 5, 2012

SEAN MURPHY AP OKLAHOMA CITY — As lawmakers return to the Capitol for the 2012 session, no issue is expected to receive as much attention as plans to overhaul the state's tax code and slash Oklahoma's individual income tax. The tax issue has been a ...more »

Effectiveness of tax amnesty
Hindu Business LineFebruary 5, 2012

The context of the paper is the US, where the Government has engaged in a number of well-publicised enforcement efforts in an attempt to collect back taxes owed on funds in these accounts and encourage future compliance with the federal income tax laws...more »

Corporate Income Taxes. News and Stories

YPSILANTI: Income tax proposal on May ballot after city council approval
Heritage NewspapersFebruary 28, 2012

Residents will pay 1 percent on their annual income and non-residents will pay one-half percent. According to state law, non-resident city income tax rates are always half of residents' rates, Kaczor said. The minimum personal exemption is $600, ...more »

Tips to avoid common income tax problems
West Hartford NewsFebruary 28, 2012

WALLINGFORD - As the April 15 income tax return filing deadline approaches, Americans are collecting their papers and looking for help. While some consumers will use software or complete their own returns, most people will get assistance from a ...more »

Income Taxes and Liberal Shibboleths
The Lookout NewsFebruary 28, 2012

By Kip Dellinger February 27, 2012 -- Warren Buffett tells us that he pays taxes at a lower tax rate than his secretary. He's a liar. What Mr. Buffett is referring to is that the tax rate imposed on his dividend and capital gain income is 15 percent, ...more »

Tax Revenue Less Than Gov. Projects: Analyst
NBC Bay AreaFebruary 27, 2012

The nonpartisan Legislative Analyst's Office found that projected tax revenue for the coming fiscal year will remain lower than Brown estimated in his January budget proposal. Without the Facebook IPO, revenue could be $8.5 billion lower.more »

Jonathan, Sambo, govs to pay personal income tax
Nigerian TribuneFebruary 27, 2012

The chairman, Joint Tax Board and the Chief Executive of the Federal Inland Revenue Service (FIRS), Mrs Ifueko Omoigui-Okauru, made the disclosure in Abuja, on Monday, while addressing a press conference on the Personal Income Tax Amendment Act 2011.more »

Christie Team Underestimates Cost of Income Tax Cut
Patch.comFebruary 27, 2012

By Mark J. Magyar, NJSpotlight.com Governor Chris Christie's proposed 10 percent across-the-board income tax cut will cost the state budget hundreds of millions of dollars more than previously acknowledged. Budget documents and public statements by the ...more »

ForMyTax.Com Announces Free 1040EZ efiling and Personal Income Tax Filing for ...
MarketWatch (press release)February 27, 2012

You will still be doing taxes all by yourself, spending time and effort figuring out Tax Laws. With ForMyTax.Com, you will have Certified Tax professionals taking care of your Income Tax filing for less," said Uttama Sharma, CEO for ForMyTax.more »

Analyst: Tax revenue less than governor projects
San Francisco ChronicleFebruary 27, 2012

The nonpartisan Legislative Analyst's Office found that projected tax revenue for the coming fiscal year will remain lower than Brown estimated in his January budget proposal. Without the Facebook IPO, revenue could be $8.5 billion lower.more »

Christie takes his 10 percent income tax cut proposal to the air
newjerseynewsroom.comFebruary 27, 2012

BY ADELE SAMMARCO Governor Chris Christie is busy making the media rounds promoting his 10 percent across-the-board income tax cut for all New Jerseyans over the next three years. Christie recently recorded a one-minute radio ad set to begin airing ...more »

Tax board asks President, other political office holders previously exempted ...
WorldStageFebruary 27, 2012

According to her, other benefits of the amended Act include, the consolidated Relief and Allowances of N200,000 in addition to 20 per cent of gross income as deductible allowance, new income tax rates and a new income tax table which provided closer ...more »

Many income tax refunds are 'late'
La Junta Tribune DemocratFebruary 27, 2012

As with the start of any tax season, there are system validations that occur requiring some fine-tuning of our systems. As part of this, some taxpayers will receive refunds approximately one week later than initial projections they may have received, ...more »

Obama Administration's 2013 Budget Proposal Includes Key Changes to Income Tax...
JD Supra (press release)February 27, 2012

On February 13, 2012, the Obama administration presented its revenue proposals for fiscal year 2013. Among these proposals are several significant changes to various income tax and transfer tax provisions. Reinstate limitation on itemized deductions ...more »

High Income Tax Breaks
Smartmoney.comFebruary 27, 2012

By BILL BISCHOFF If you're a high-income type, you're probably painfully aware that some tax breaks are phased out (either reduced or eliminated) as your adjusted gross income, or AGI, increases. That's the price of success, right?more »

Christie Team Underestimates Cost of Income Tax Cut
Patch.comFebruary 27, 2012

By Mark J. Magyar, NJSpotlight.com Governor Chris Christie's proposed 10 percent across-the-board income tax cut will cost the state budget hundreds of millions of dollars more than previously acknowledged. Budget documents and public statements by the ...more »

Ukraine to return tax on childlessness for 30-year-old citizens, according to bill
Kyiv PostFebruary 27, 2012

10112 on amendments to Article 167 of the Tax Code of Ukraine regarding the revision of the individual income tax rate was registered in the Verkhovna Rada, Ukraine's parliament, on Feb. 23, 2012. The bill proposes supplementing the first item of ...more »

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