Empty Rates Relief is Not Working
Whether you believe it should stay or go, one thing is clear: the government's policy on empty rates relief isn't working.
Between 2005 and 2008, relief cost the Treasury more than ?1bn a year. The year after it was scrapped, this industry's bill leapt to ?800m.
New figures from the Communities and Local Government department show that the govern ...
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IRS Extends Due Date for 2010 Estate Tax Exemption
Providing some relief to stressed-out estate planning attorneys and tax practitioners, the Internal Revenue Service announced Sept. 13 that estates of 2010 decedents will have a longer time to file forms to exempt out of the estate tax and may be able to receive a filing extension.
In August, the IRS issued a Notice and Revenue Procedure for 2010 ...
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IRS Tax Relief To Irene Victims, Do You Qualify
Americans living in parts of three states hit hard by hurricane Irene have extra time to file certain returns and make tax payments, the Internal Revenue Service announced Thursday.
In certain counties of New Jersey, New York, and North Carolina, businesses and residents will have September and October filing deadlines pushed back to Oct. 31.
For ...
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Manufacturing Body in Call for Carbon Tax Relief
THE manufacturers' organisation EEF has added its name to the growing list of bodies calling on the chancellor to introduce a package of tax reliefs for companies who are about to be hammered by the government's ?3.2bn stealth tax on carbon.
ASW get In a set of demands ahead of George Osborne's autumn statement next month, the EEF said: "The chanc ...
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Pension Assets in Tax Relief Clampdown
A CLAMPDOWN on tax relief claimed by companies putting their own assets into their pension funds could raise up to ?2.6bn over six years, the Treasury believes.
Normally, parent companies make cash contributions to their employee pension funds, which are then invested in shares, bonds and other assets.
But 'asset-backed' contributions - where, in ...
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President Obama Record On Taxes
Right now, President Obama is going all out to extend the payroll tax cut for the middle class -- and expand it for 2012.
And that effort underscores an important fact: This President has proposed and enacted thousands of dollars of tax relief for American families and small businesses.
In his first year in office, President Obama cut taxes for 9 ...
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Proposed Repatriation Tax Relief Bill Unlikely to Drive USA Investment
Proposed legislation to provide a temporary tax holiday for U.S. firms repatriating foreign earnings is unlikely, if passed, to support growth-oriented investment by U.S. firms.
Fitch expects most firms benefiting from the proposed repatriation tax relief, notably large multinational companies in the technology and pharmaceutical sectors, to prio ...
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Relief Given For Late Elections To Combine Real Estate Activities
The IRS established a special procedure by which taxpayers can make a late election to treat all their real estate activities as a single activity for purposes of meeting material participation rules.
The guidance, in Revenue Procedure 2011 -34, allows eligible taxpayers to avoid applying for a private letter ruling to obtain relief; however, taxp ...
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Should You Hire a Tax Relief Firm or Do It Yourself
Many tax settlement firms make claims but how do you know who to hire? The proof is in the pudding: real case histories.
The question is: Should you trust a tax relief firm?
It's tough to do. Here are the steps to follow:
Here are a few case stories about Tax Results:
Being a Michigan firm, they had a gentleman fly in from Texas to tour their o ...
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Tax Relief for 2012, Even For Dying
Tax publisher CCH put out its estimates of ranges for 2012 tax brackets and projections for inflation-sensitive figures such as the standard deduction and the estate tax exemption, and it's good news especially for the well-off, even those who die. Here's what's changing (and what isn't).
The estate tax exemption will be indexed for the first time ...
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