Latest Taxation in the United States Stories

Tax and technology experts at The Heartland Institute – a free-market think tank – comment on Monday's cloture vote in the United States Senate on the Marketplace Fairness Act. CHICAGO, IL (PRWEB) April 22, 2013 The United States Senate today voted for cloture on the Marketplace Fairness Act (MFA), ending debate and leading to its likely passage soon in an up-or-down vote. President Barack Obama’s signature on the MFA would allow states to start charging sales tax on all online...

ARLINGTON, Va., April 22, 2013 /PRNewswire-USNewswire/ -- Legislation before the United States Senate this week will end the federal government's special treatment of online-only retailers and allow Main Street retailers to compete on a level playing field. Last week the Retail Industry Leaders Association (RILA) alerted Senators that it would "key vote" votes on the measure. The Marketplace Fairness Act, S. 743, would obligate large online-only retailers to collect and remit the...

WASHINGTON, April 15, 2013 /PRNewswire-USNewswire/ -- The Hon. Randall Frye, President of the Association of Administrative Law Judges (AALJ) and a federal judge with the Social Security Administration based in Charlotte, NC, will discuss ways to counter waste, abuse, and runaway costs in the Social Security Disability Income program at a National Press Club Newsmaker news conference on Friday, April 19(th) at 10 a.m. in the Zenger Room of the National Press Club, 13(th) Floor,...

HSA for America reminds all health savings account participants to deposit the full tax benefit amount for the 2012 tax year before April 15, 2013 filing deadline. Fort Collins, Colorado (PRWEB) April 13, 2013 Individuals with a Health Savings Account have until April 15, 2013 to deposit tax free dollars into their accounts for the 2012 tax year. Individuals may deposit up to $3,100 and couples can deposit $6,250 total into their account. Any deposited funds will be an “above the...

DUBLIN, April 11, 2013 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern commercial jet aircraft, today announced it has published its annual tax information statement for 2012 on its website. This statement applies only to U.S. shareholders who intend to file Form 8621 with their 2012 U.S. tax returns. For U.S. federal income tax purposes, FLY Leasing will be treated as a passive foreign investment company ("PFIC") for 2012 and expects to be treated...

ROCKVILLE, Md., April 9, 2013 /PRNewswire-USNewswire/ -- In this tough economy, every penny saved is a penny earned. This motto especially comes into play during the tax-filing season, when many Americans are hoping for their maximum refund so that they can save money and spend their paychecks wisely. (Logo: http://photos.prnewswire.com/prnh/20090716/DC47803LOGO) To help ease the financial burden of the tax preparation process and make sure individuals and families receive their...

New book, The Great Revenue Robbery, calls for fair tax system TORONTO, April 3, 2013 /CNW/ - So-called experts say that the benefits of a radical free market agenda will trickle down to regular families. Instead, say contributors to the new book The Great Revenue Robbery: How to Stop the Tax Cut Scam and Save Canada (Between the Lines), Canada is faced with growing inequality and cutbacks as corporate executives are paid millions while exploiting tax loopholes. Edited by...

New book, The Great Revenue Robbery, calls for fair tax system TORONTO, April 2, 2013 /CNW/ - So-called experts say that the benefits of a radical free market agenda will trickle down to regular families. Instead, say contributors to the new book The Great Revenue Robbery: How to Stop the Tax Cut Scam and Save Canada (Between the Lines), Canada is faced with growing inequality and cutbacks as corporate executives are paid millions while exploiting tax loopholes. Edited by...

Campaign strives to educate Spanish-speaking taxpayers, remove challenges WASHINGTON, March 28, 2013 /PRNewswire-USNewswire/ -- The 2012 tax return will have major impact for Hispanics, as it can be used in determining eligibility for the Affordable Care Act and immigration reforms will likely require individuals to pay any unpaid taxes. An ongoing project from the Hispanic Access Foundation (HAF), in partnership with H&R Block, the world's largest consumer tax services provider,...

RIVERWOODS, Ill., March 28, 2013 /PRNewswire/ -- With the April 15 filing date looming, taxpayers who haven't started working on their taxes could be in a race against the clock and may be interested in filing for an extension. An automatic six-month extension for federal taxes is available, if you follow the right steps. What's very important to know, however, is that an extension of time to file is not an extension of time to pay taxes that are due. CCH, a Wolters Kluwer business...