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09-25-2004 Headlines for: Taxes |  |
Tax Talk: Deduction limits on HELOC interest
From: www.bankrate.com
"Whether you can write off this interest depends on how much you borrow and what you use the money for."
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."
4 phases of recovering from disaster
From: www.bankrate.com
"Step-by-step guide for getting assistance to help put your life, home and family back together after a disaster."
Tax Talk: Pre-job expenses not FSA eligible
From: www.bankrate.com
"You can't use flexible spending account money to pay for expenses incurred before you were hired by the company that offers the FSA."
Tax Talk: Letting Uncle Sam know about foreign holdings
From: www.bankrate.com
"All U.S. citizens and residents are required to report foreign bank accounts by June 30 to the Treasury Department."
Weprin mulls Nassau idea of taxing illegal conversions
From: NewsTrove.com
"Queens may take a peek at what its neighbors to the east are doing to combat illegal conversions, borough officials said this week.
In May, Harvey Levinson, chairman of Nassau County's Board of Assessors, announced that he would begin to reclassify homes suspected of containing unlawful apartments from residences to commercial boarding houses, leading to a much higher tax rate. He hoped, he said, to end the profitability and therefore the growth of illegal conversions, buildings that hold more families than is permitted by local zoning laws."
Foster Wheeler Announces Successful Exchange Offer Closing
From: NewsTrove.com
"HAMILTON, Bermuda--Foster Wheeler Ltd. (OTCBB: FWLRF) today announced that it has successfully completed its equity-for-debt exchange.
The exchange reduces Foster Wheeler's existing debt by approximately $447 million, improves the company's consolidated net worth by approximately $453 million, reduces interest expense by approximately $28 million per year, and, when combined with the sale of new notes to repay amounts currently outstanding under Foster Wheeler's existing domestic credit agreement, eliminates substantially all material scheduled corporate debt maturities prior to 2011."
LETTERS TO THE EDITOR
From: NewsTrove.com
"As I live, I will never as long forget the sound of the smoke alarm that woke me in the early morning hours of Sept. 26. I am alive -- minus the total loss of everything in the house fire -- because of that smoke alarm.
The outpouring support from the community, including Mount Vernon Fire Company, Salisbury Moose Lodge, The Ruritan Club, Michael P. Cooper Memorial Fund, family and friends and anonymous donors has been overwhelming.
It was because of the donations collected for me from the second "Labor Day for Jaye" in memory of my uncle, Jaye Price, that I can begin a future, but it was because of the smoke alarm that I have a future."
Goldentrianglenews.com News Story
From: NewsTrove.com
"The budget's $9,742,28 expenditures total will be offset by the $9,808,115 revenue budget passed by city council members. There was no public comment regarding the budget.
"With the $9.7 million budget, less than eight percent is coming from revenue generated from property taxes," said Mayor Larry Bonderud. "We've generated so much income outside of property taxes that we're decreasing our reliance on property taxes to fund city functions. This is a continued step in that direction."
The council passed Resolution 1629, which adopted the city's budget with a tax levy of 169.99 mils for the year, compared to last year's mil levy of 166.44."
The Daily Times - www.delmarvanow.com
From: NewsTrove.com
"Grapevine is a sampling of comments and observations on a variety of timely topics submitted by readers of The Daily Times.
FUN DAY. I want to thank the Salisbury University volunteers for Salisbury Fun Day. The children had a great time. Everything was well organized and well planned out. Sorry it rained, but they still put on a wonderful day. We sure hope it continues annually.
INFORMANT LAUDED. Thank God for the student who informed James M. Bennett High School administrators a fellow student had a loaded weapon in school. This takes a lot of courage and insight."
Quickbooks: Online Financial Management
From: context4.kanoodle.com
"Ad - www.quickbooksonline.com Sep 25 2004 5:11PM GMT"
CD45/29-Special Report of the External Auditor into the Anonymous Allegations
From: c.moreover.com
"Pan American Health Organization Sep 25 2004 5:11PM GMT"
CORRECTED - KPMG may face questioning over Fannie Mae problems
From: c.moreover.com
"Reuters Sep 25 2004 4:22PM GMT"
Accountants say legislation is making job more difficult
From: c.moreover.com
"eircom net Sep 25 2004 8:32AM GMT"
Accountant boycotts hearing in Guantanamo
From: c.moreover.com
"eTaiwanNews.com Sep 25 2004 6:39AM GMT"
IMF warns on global house prices
From: news.bbc.co.uk
"The International Monetary Fund warns that rising interest rates in some of the world's biggest economies may slow the global economy and house price growth."
Kenya finally to get IMF loan
From: news.bbc.co.uk
"The International Monetary Fund (IMF) has backed a $35m ( 19m) loan to Kenya, with the loan scheduled for December, seven months later than expected."
French budget to control deficit
From: news.bbc.co.uk
"French finance minister Nicolas Sarkozy unveils a budget with a promise to bring the deficit under control and high-profile tax breaks."
US Fed increases rates to 1.75%
From: news.bbc.co.uk
"The US Federal Reserve raises interest rates to 1.75%, the third rise this year, indicating a recovery in the world's largest economy is on track."
Global foreign investment falls
From: news.bbc.co.uk
"Foreign investment levels decline in 2003, a UN report reveals, but there are signs of recovery - especially among developing nations."
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."
Home equity vs. refinancing your mortgage
From: www.bankrate.com
"Home equity loan or a total refi of your mortgage, what's best for you? Here are the key factors to consider when making your decision."
Home equity loans: Fixed-rate loan vs. line of credit
From: www.bankrate.com
"You've decided to consolidate your debt with a home equity loan, but should you go with a fixed rate loan or an adjustable rate line of credit?"
Borrowing from family
From: www.bankrate.com
"It's uncomfortable, but sometimes it's your only option. Here's how to get a loan from a relative without turning the family tree into kindling."
4 phases of recovering from disaster
From: www.bankrate.com
"Step-by-step guide for getting assistance to help put your life, home and family back together after a disaster."
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