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08-09-2004 Headlines for: Taxes |  |
Tax Talk: An unmarried couple's real-estate deal
From: www.bankrate.com
"Our expert says that when a dating couple buys a piece of property together, the tax implications are calculated as if they were in a business, not personal, partnership."
Are you a savvy homeowner?
From: www.bankrate.com
"It's your biggest investment, but how much do you really know about owning and caring for a house? Find out with our quiz."
Tax Talk: Tapping retirement money early
From: www.bankrate.com
"Generally, a distribution from a retirement account prior to age 59 produces a tax penalty. But, notes our expert, there are exceptions to any general rule."
Tax Talk: Zero capital gains taxes on the way?
From: www.bankrate.com
"It's true. Some investment taxes will zero out in a few years, but only for investors in the lowest income tax brackets."
Tax Talk: Commuting vs. business mileage
From: www.bankrate.com
"A doctor wants to write off two SUVs he says he uses in his practice, but our expert cautions that the physician appears simply to be commuting to his office in the vehicles."
Keyes Enters U.S. Senate Race in Illinois
From: NewsTrove.com
"Alan Keyes, the conservative Maryland political commentator whom Illinois Republicans turned to after weeks of searching for a replacement Senate candidate, agreed Sunday to run against a rising Democratic star who has only grown stronger amid GOP scandal and disarray.
"We do face an uphill battle, there's no doubt," Keyes told cheering supporters at a rally.
"So I'm not going to stand here and with tremendous ease promise you a victory. But I'll tell you what I will promise. I will promise you a fight!"
The Republican two-time presidential hopeful will face Democratic state Sen. Barack Obama in the campaign to replace retiring GOP Sen."
Half-cent tax proposed for economic development
From: NewsTrove.com
"A half-cent property tax increase to fund economic development might be added to an expected 1-cent hike to pay for a new courts facility. If both measures were approved, the county's tax rate would increase from 36 cents per $100 valuation to 37.5 cents.
The call for the half-cent tax increase came from commissioner Larry Shafer during a budget review Thursday.
"It's time to bite the bullet and get economic development going in Hood County," said Shafer.
Shafer said the additional tax would raise about $130,000 a year, more than enough to provide the county's share of $100,000 to set up an economic development department."
Appeal-Democrat News Story
From: NewsTrove.com
"Keyes Enters U.S. Senate Race in Illinois
By MAURA KELLY LANNAN
ARLINGTON HEIGHTS, Ill. - Alan Keyes, the conservative Maryland political commentator whom Illinois Republicans turned to after weeks of searching for a replacement Senate candidate, agreed Sunday to run against a rising Democratic star who has only grown stronger amid GOP scandal and disarray.
"We do face an uphill battle, there's no doubt," Keyes told cheering supporters at a rally.
"So I'm not going to stand here and with tremendous ease promise you a victory. But I'll tell you what I will promise. I will promise you a fight!"
Resistance Rising Over Tax Hikes
From: NewsTrove.com
"Public resistance to property tax hikes is growing in some affluent areas in southern Seoul and Kyonggi Province as more and more residents are filing complaints with local authorities to demand a tax reduction.
In the face of mounting anger over the tax increases, the councils of Kuri and Songnam, Kyonggi Province, last week decided to cut property tax rates for the first half of the year by 30 percent for homeowners in the sprawling residential cities.
The councils' decision challenges the central government's tax policy, which aims to establish a fairer system by imposing a greater tax burden on the rich."
Ia.ita.doc.gov News Story
From: NewsTrove.com
"[A-351-838]
Notice of Preliminary Determination of Sales at Less Than Fair Value
and Postponement of Final Determination: Certain Frozen and Canned
Warmwater Shrimp From Brazil
AGENCY: Import Administration, International Trade Administration,
Department of Commerce.
ACTION: Notice of preliminary determination of sales at less than fair
value.
--
SUMMARY: We preliminarily determine that certain frozen and canned
warmwater shrimp from Brazil are being, or are likely to be, sold in
the United States at less than fair value, as provided in section
733(b) of the Tariff Act of 1930, as amended (the Act)."
Negligence claims could drive us under, says E&Y
From: c.moreover.com
"Telegraph Aug 8 2004 11:15PM GMT"
Tycoon's widow leaves fortune to accountant
From: c.moreover.com
"Straits Times Aug 8 2004 11:13PM GMT"
Old tax breaks taint a Broward legend
From: c.moreover.com
"Miami Herald Aug 8 2004 8:38AM GMT"
GOP Names 19-Time Inmate Auditor Candidate
From: c.moreover.com
"AP via Los Angeles Times Aug 8 2004 2:36AM GMT"
GOP names 19-time inmate auditor candidate
From: c.moreover.com
"AP via Seattle Post Intelligencer Aug 8 2004 2:34AM GMT"
High oil prices threaten growth
From: news.bbc.co.uk
"Analysts warn that the recent surge in world oil prices is starting to take its toll on the global economy."
Poor US jobs figures hit markets
From: news.bbc.co.uk
"American firms hired just 32,000 extra workers in July, shocking analysts and hitting markets in the US and Europe."
Opec production at '25-year high'
From: news.bbc.co.uk
"The oil producers' cartel is pumping 30 million barrels a day to try to relieve record oil prices, its president says."
Warning of slower UK growth
From: news.bbc.co.uk
"The British Chambers of Commerce says the UK economy is growing at its fastest pace since 2000, but warns of a slowdown next year."
High oil price hits stock markets
From: news.bbc.co.uk
"World stock markets are under pressure at the end of a week that has seen oil prices gushing to fresh record highs."
Are you a savvy homeowner?
From: www.bankrate.com
"It's your biggest investment, but how much do you really know about owning and caring for a house? Find out with our quiz."
Banks vs. credit unions: Who has the best rates?
From: www.bankrate.com
"Each month, Bankrate researchers compare the average rates for mortgages, auto loans and other products to see whether banks or credit unions offer the best deal."
Interest Rate Roundup
From: www.bankrate.com
"Check out the latest interest rate trends and national averages on the five most common consumer banking products."
The dangers of debt consolidation
From: www.bankrate.com
"Are you tempted to take out one big loan to pay off all those other nagging debts? Before you bundle your bills, check out the pros and cons of these consolidation options."
Interest Rate Roundup
From: www.bankrate.com
"Check out the latest interest rate trends and national averages on the five most common consumer banking products."
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