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09-20-2004 Headlines for: Taxes |  |
Tax Talk: Husband's tax negligence is wife's problem
From: www.bankrate.com
"When you file a joint return, you equally share responsibility for any taxes due even if only one spouse messed up the filings. But you might be eligible for innocent spouse relief."
Tax Talk: No joint filing for civil unions
From: www.bankrate.com
"Your state's rules on same-sex marriage don't matter to the Internal Revenue Service."
Tax Talk: IRA rollover rules
From: www.bankrate.com
"Transfer your individual retirement account money according to IRS rules and timetable, or you'll owe penalties in addition to taxes."
IRS offers tax relief to disaster victims
From: www.bankrate.com
"Having where you live declared a federal disaster area is never a good thing. But such a designation could help you get much-needed cash a bit more quickly."
Tax Talk: Required IRA distributions
From: www.bankrate.com
"When you turn 70 , the IRS demands that you start taking money from your individual retirement account."
Northwest Indiana News: nwitimes.com - Opinion
From: NewsTrove.com
"Our opinion: Taxing the money-making aspects of nonprofit organizations is proper.
For the first time, the Center for Visual and Performing Arts will be paying property taxes. Thanks to the diligence of two county employees, the popular center in Munster is now required to pay taxes on the catering portion of its facility, Lake County's Property Tax Assessment Board of Appeals ruled last week.
That could mean as much as $30,000 a year for the county coffers. The county is taxing 16 percent of the center's assessed value, dating back to 2000."
Employee Benefits Summary
From: NewsTrove.com
"Must be taken within the fiscal year that they are issued or risk losing them.
Issued on anniversary date the first year and then on July 1st.
Sick Leave
Twelve (12) hours per month (1 2 days).
720 hours maximum accrual.
Payoff of $1.00 per unused hour at termination or retirement.
May convert maximum of 40 hours of sick leave to vacation each calendar year.
Retirement
State of Alaska Public Employee Retirement System (PERS). Employees arevested in PERS retirement system after 5 years, vested for medical coverage after 10 years. Retirement at 60, early retirement at 55. Deduction taken before taxes:
7."
Northwest Indiana News: nwitimes.com - Opinion
From: NewsTrove.com
"Kernan tax cap plan does not benefit all homeowners, including her
Letter to the Editor
Rosa Oliver
Whiting
My property tax bill went up from $1,000 to $8,000. From what I understand, the tax cap will not help those who did not have the homestead exemption.
I find this to be another unconstitutional act by Gov. Joe Kernan since only certain homeowners will benefit. How is it that Kernan can install this cap but not find a way to include all homeowners?
I have lived in my home for 21 years and was never advised I was eligible for this homestead benefit."
Trash fee plan is called unfair
From: NewsTrove.com
"Since 1993, Ross and every other homeowner in Schenectady has seen the city's property tax rate skyrocket by 121 percent. The most unkind cut of all may have come on Tuesday when first-year Mayor Brian U. Stratton unveiled his first proposed budget, a $63.5 million spending plan that increases taxes by 6.9 percent and carries a new residential trash fee.
Under Stratton's plan, the owners of single-family homes would pay an extra $131 for trash collection. The owners of two- and three-family homes would be hit with an extra $232 and $363, respectively.
Without the trash fee, Ross's city tax bill would be $793.73, $51."
His empire on the lake
From: NewsTrove.com
"Thomason exploited a state law that created little-understood but increasingly common community development districts.
Community development districts created by developers operate like independent governments and can borrow millions tax-free to pay for roads, utilities and amenities. Homeowners in the development pay off the debt.
Although much of the taxing authority shifts from the developer to homeowners after six years, a loophole in state law allows the developer to hold on to power much longer.
That helps explain why, after 13 years, Cory Lake Isles and its 300 homeowners remain under the absolute control of Gene Thomason."
Term Life Insurance with SelectQuote
From: www.kanoodle.com
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FASB Rules Defended
From: c.moreover.com
"SmartPros Sep 20 2004 8:47AM GMT"
Krispy Kreme: Auditor Won't Sign Off
From: c.moreover.com
"SmartPros Sep 20 2004 8:46AM GMT"
UIF in total shambles, says auditor-general
From: c.moreover.com
"IOL: Independent Online Sep 20 2004 6:56AM GMT"
PWC, Songspell partner for musical show
From: c.moreover.com
"Mindanao Times Sep 20 2004 6:02AM GMT"
Labour pledges new worker rights
From: news.bbc.co.uk
"Paid maternity leave could be extended to 12 months, as part of plans being considered by Labour."
Bank spending on laundering soars
From: news.bbc.co.uk
"Spending by banks and financial institutions on defending themselves against money laundering is soaring, a survey finds."
Textiles boost Bangladesh exports
From: news.bbc.co.uk
"Bangladesh reports a 28% jump in exports in July, boosted by strong demand in Europe for clothing and other textiles."
Consumers tighten purse strings
From: news.bbc.co.uk
"Consumers in the UK are becoming more prudent when it comes to getting into debt, according to financial advisers."
South Africa strikes called off
From: news.bbc.co.uk
"South African public sector unions suspend this week's strikes while members consider a new pay offer."
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."
Dr. Don: Use equity to pay off car loan
From: www.bankrate.com
"Paying off the car will open up room in your back end ratio for the mortgage."
8 ways to consolidate your debts
From: www.bankrate.com
"Always worried about the debt you're carrying? Consider these 8 ways to dig yourself out of that hole."
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."
8 ways to consolidate your debts
From: www.bankrate.com
"Always worried about the debt you're carrying? Consider these 8 ways to dig yourself out of that hole."
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