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08-28-2004 Headlines for: Taxes |  |
Tax Talk: Tax implications of child custody choices
From: www.bankrate.com
"Our expert helps a divorced mom sort out the IRS rules governing child dependency, filing status and tax-favored spending accounts."
Tax Talk: Day trader tax considerations
From: www.bankrate.com
"There's more to consider than just deductions, notes our expert, if you decide to make a living trading stocks."
Tax Talk: Reporting foreign accounts
From: www.bankrate.com
"No tax law prevents a U.S. citizen from investing overseas, provided the investor reports all income from such an investment on their tax return."
Tax Talk: Writing off a home office
From: www.bankrate.com
"IRS rules on home offices are strict, says our expert, but not impossible to meet."
Tax Talk: Canadian snowbirds, U.S. property and the IRS
From: www.bankrate.com
"Foreign owners of U.S. homes face special taxes when they sell or rent the property."
Warning Anew About Retiree Expectations
From: NewsTrove.com
"JACKSON HOLE, Wyo., Aug. 27 - The chairman of the Federal Reserve Board, Alan Greenspan, warned on Friday that the federal government might have to scale back promises to the elderly in programs like Social Security and Medicare.
"As a nation, we owe it to our retirees to promise only the benefits that can be delivered," Mr. Greenspan told a conference here sponsored by the Federal Reserve Bank of Kansas City.
"If we have promised more than our economy has the ability to deliver to retirees without unduly diminishing real income gains of workers, as I fear we may have, we must recalibrate our programs," he said.
Mr."
Ida County Courier
From: NewsTrove.com
"The Ida County Board of Supervisors approved a stipulation of settlement and two resolutions Thursday, Aug. 19. The board is next scheduled to meet Tuesday, Aug. 31 at 9 a.m.
Under the Ida County District Court stipulation of settlement, Ida County versus Wessling Construction, the parties agreed that a judgment will be entered against Wessling Construction, in Ida County's favor in the amount of $11,629.11 plus interest at the rate of 18 percent calculated from Dec. 4, 2003, the date of the filing of a mechanic's lien against Ida County."
Record-Journal
From: NewsTrove.com
"BRIDGEPORT - This city, struggling with the highest property taxes in the nation and recovering from a corruption scandal, is proposing to buy a vacant downtown building from a politically connected family by forgiving millions of dollars in back taxes.
The Paniccia family owes about $2.4 million in taxes to the city and others dating back a decade. While they haven't paid taxes since 1994, they have contributed to the campaign of Bridgeport Mayor John Fabrizi, records show.
The proposal - which would cost the city more than double the value of the property based on one appraisal - is sparking accusations of a sweetheart deal."
Business News
From: NewsTrove.com
"Federal Reserve Chairman Alan Greenspan said Friday that the country will face "abrupt and painful" choices if Congress does not move quickly to trim the Social Security and Medicare benefits that have been promised to the baby boom generation.
Returning to a politically explosive issue that he has addressed a number of times this year, Greenspan said that it was wrong for the government to hold out the promise of more retirement benefits than it is capable of providing.
Maytag settlement try
Knox County will try to settle with Maytag Corp."
Pilgrimage to India to Celebrate the Anniversary of Paramhansa Yogananda's Mahasamadhi
From: NewsTrove.com
"We invite you
to join Ananda friends and family from all over the world as we
celebrate Paramhansa Yogananda's Mahasamadhi in Gurgaon, India,
in March 2005. As you may know, Swamiji is now living at the Ananda
Ashram in Gurgaon. This will be a unique and blessed opportunity
to spend time in India with one of the last living disciples of
Yogananda, and with other long-time Ananda teachers and members.
We are organizing
some travel options for those who would like to attend. This will
enable all of us to take advantage of some discounted group pricing."
Report of the Auditor General on matters arising from an investigation into the affairs of the Bermuda Housing
From: c.moreover.com
"Royal Gazette Aug 28 2004 4:18PM GMT"
IRS Accounting System, A Year Late, Nears Completion
From: c.moreover.com
"SmartPros Aug 28 2004 1:28AM GMT"
KPMG Tax Shelters Questioned Again
From: c.moreover.com
"SmartPros Aug 28 2004 1:28AM GMT"
H&R Block Posts $44.1 Million Loss in 1Q
From: c.moreover.com
"SmartPros Aug 28 2004 1:28AM GMT"
Lawyer pleads for help to defend Al-Qaeda accountant at US tribunal
From: c.moreover.com
"Channel NewsAsia Aug 27 2004 10:55PM GMT"
Oil prices cease five-day slide
From: news.bbc.co.uk
"The weeklong slide in the price of oil from a record of almost $50 ends with a slight rise in New York and London."
Think tank warns on 'clone towns'
From: news.bbc.co.uk
"Fast-growing chain stores are turning the UK into a series of "clone towns", a report from a think tank has warned."
US growth slips to 2.8%
From: news.bbc.co.uk
"Annual US economic growth fell to 2.8% in the second quarter of 2004, marking a slowdown from the 3% estimated a month ago."
India gets $12bn World Bank deal
From: news.bbc.co.uk
"The World Bank agrees a $12bn loan fund for India and promises to take a more open-handed approach."
US warned on ageing threat
From: news.bbc.co.uk
"Federal Reserve chairman Alan Greenspan warns that prompt action is needed to fund pensions for the ageing US population."
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: mortgages, auto loans, credit cards, home equity products and certificates of deposit."
Home remodeling: 20 million Americans can't be wrong
From: www.bankrate.com
"Some 20 million American homeowners will take on home improvement jobs this year. Not all will end happily. Here are valuable tips to assure success."
Interest Rate Roundup
From: www.bankrate.com
"Home equity loans buck the trend, drift downward."
Top 10 mistakes home buyers make
From: www.bankrate.com
"A veteran home builder gives some tips on what NOT to do when buying a home"
Financial four-leaf clovers
From: www.bankrate.com
"These antidotes to Friday the 13th money jinxes will keep the luck (and the loot) on your side."
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