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Thousands May Incorrectly Be Using Stimulus Tax Breaks
19 hours ago ago from Roni Deutch: The Tax Lady Blog
According to the NY Times , a new watchdog report has emerged showing that thousands of Americans may have incorrectly claimed tax breaks enacted by the recent stimulus package. Over 73,000 taxpayers reportedly took advantage of the first-time homebuyers credit, resulting in over $500 million in lost federal revenue. That finding was one part of a report by the inspector general for tax administration that said the Internal Revenue ...
Related contentAnother Obama Adminstration Screw up with new house incentive program
16 hours ago ago from Politics in the News
Thousands of American taxpayers incorrectly claimed more than $500 million in tax benefits under the Obama administration’s tax break for first-time home buyers, a government watchdog report said Tuesday. That finding was one part of a report by the inspector general for tax administration that said the Internal Revenue Service does not know whether the majority of the $312 billion in tax breaks available through the American Recovery ...
Related contentWeekly Update | Cultivating Sound Business Practices with the Help of the IRS - The 2010 Tax Calendar is Here!
21 hours ago ago from online job search, direct job hiring
Weekly Update | December 23, 2009 Home Community How Do I ... ? Find loans or grants Start a home-based business Register a business name Search or register a corporation Obtain a business license Get info on employment laws Bid on government contracts Get more answers Join Us on ... Twitter Facebook LinkedIn YouTube This Week's ...
Related contentAiken Standard Guest Editorial
17 hours ago ago from Rex Rice for Congress
Let's Make South Carolina Number One: Passing necessary reform will create jobs and promote prosperity By Rep. Rex Rice Recently, the Small Business and Entrepreneurship Council ranked South Carolina seventh in the nation for small business survivability. When you couple that statistic with the recent announcement of the creation of 4,000 new jobs by Boeing, it appears our state is doing the right things to move forward in a ...
Related contentTop 10 Trends in Accounting and Taxes in 2010 | Small Business Trends
22 hours ago ago from Accounting Payroll
A payroll tax on businesses that fail to provide health coverage for their staff. There may be some limited relief for small businesses, in the form of a tax credit, to encourage them to provide coverage for their staff. See the original post here: Top 10 Trends in Accounting and Taxes in 2010 | Small Business Trends
Related contentRelated News
Grassley Says He’ll Hold Up Treasury Nominees Over Tax Dispute - Washington Wire - WSJ
11 hours ago ago from Wall Street Journal
By Michael R. Crittenden A row over tax policy could lead to delays for a handful of Treasury Department nominees who were expected to be confirmed this week. Iowa Republican Sen. Charles Grassley said today he would block Obama administration nominees to the Treasury over a running dispute with the IRS about its treatment of small businesses. That could further delay the confirmation of Lael Brainard , nominated earlier this year to ...
Related contentDel. gov signs order meant to help small companies
14 hours ago ago from U.S. News
Del. gov signs order meant to help small companies DOVER, Del. (AP) -- Delaware Gov. Jack Markell wants to make it easier for small and mid-sized businesses to bid on state contracts. Markell signed an executive order Tuesday that aims to promote supplier diversity. It directs the state Office of Minority and Women Business Enterprise to train workers at small and mid-sized businesses in applying for state contracts and to tell them how to ...
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