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>> TAXES Latest News

1 HOUR AGO - Huffington Post

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Study Debunks Major Argument In Favor Of Corporate Tax Breaks

The most popular argument for cutting corporate taxes -- that it helps create jobs -- doesn’t seem to be true, a new paper argues. According to a working paper by Alexander Ljungqvist and Michael Smolyansky, economists at New York University, corporate tax breaks at the state level don’t help create jobs. There’s one exception: Tax cuts do help create jobs ...

Tags: Study Debunks Major Argument In Favor Of Corporate Tax Breaks,  Taxes Latest News

2 HOURS AGO - Huffington Post

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Congressman Michael Grimm To Plead Guilty To Tax Evasion: Report

Rep. Michael Grimm (R-N.Y.) will plead guilty Tuesday to a felony charge of cheating on his taxes at a Manhattan restaurant he co-owned before he was elected to Congress, the New York Daily News reported Monday. In April, a 20-count federal indictment accused Grimm of hiring undocumented immigrants and hiding more than $1 million in sales and wages at his ...

Tags: Congressman Michael Grimm To Plead Guilty To Tax Evasion: Report,  Taxes Latest News

2 HOURS AGO - Huffington Post

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Tribes Tread Carefully Into Marijuana Discussions

FLAGSTAFF, Ariz. (AP) — The Navajo Nation had bitter debates when it was deciding whether to allow casinos on the reservation and if alcohol should be sold in them. The arguments focused on the revenue and jobs casinos and liquor could bring to a reservation where half the workforce is unemployed and most arrests and pervasive social ills are linked ...

Tags: Tribes Tread Carefully Into Marijuana Discussions,  Taxes Latest News

3 HOURS AGO - New York Post

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New taxes on wealthy cause scramble to offset big gains

Embittered US investors can’t unload their losing positions fast enough. With solid gains from stocks and other investments this year, many of the wealthiest who should be happy are instead...

Tags: New taxes on wealthy cause scramble to offset big gains,  Taxes Latest News

3 HOURS AGO - Washington Business Journal

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As 2015 approaches, know the changing tax trends

We all like certain surprises in the holiday season, but a tax surprise is not one of them. To avoid that, businesses going into 2015 should take note of several tax law changes in other states that could directly increase their tax liability. For years, the standard in most states for taxing business income was "physical presence nexus" – you ...

Tags: As 2015 approaches, know the changing tax trends,  Taxes Latest News