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Past Archives 2004
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10-01-2004 Headlines for: Taxes
Tax Talk: Cost basis for a retirement fund
From: www.bankrate.com

"Don't worry about figuring the basis for a retirement account funded exclusively by deductible contributions, says our expert. All the money will be taxed when taken out."

Tax Talk: Tax liens on a dependent
From: www.bankrate.com

"Don't worry about your refund. Since it does not belong to your dependent, the IRS can't touch it to settle his debts."

Tax Talk: Is the home-sale exclusion safe?
From: www.bankrate.com

"Although every politician wants to make his or her own legislative mark, our expert says laws that give home sellers a nice tax break are probably safe."

SUVs and bonus depreciation
From: www.bankrate.com

"Additional depreciation for business property, including SUVs, applies only to new equipment (or vehicles)."

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."


Report: Milwaukee lags in per-person spending
From: NewsTrove.com

"The report compares spending in Milwaukee to nine similar cities and ranks Milwaukee seventh in annual per-person spending. The Milwaukee number of $1,307 is $188 less than the average for the cities looked at in the report. In Milwaukee, about a quarter of all spending comes from the property tax, compared to an average of 11% for the other cities, in part because some cities have local income or sales taxes. The council's Finance and Personnel Committee begins reviewing Mayor Tom Barrett's 2005 budget today and will face the annual question of how much taxpayers pay and what services they get."

Contest Rules
From: NewsTrove.com

"Dates/Terms/Eligibility. The Classical 103.5 WGMS Bach The Vote Contest (the"Contest") begins October 18 and ends at 5 pm October 29, 2004. Classical 103.5 WGMS (the "Station") may change the dates and/or terms of the contest without prior notice. Any material changes will be broadcast on the Station and/or posted on its website (www.classical1035.com). The Contest is open to legal U.S. residents, 18 years of age and older, residing in Washington D.C., Maryland, Virginia, or West Virginia. There is no purchase necessary to enter or win. Employees or agents of the Station, Bonneville International Corporation, other Washington D.C."

The Williams Lake Tribune News Story
From: NewsTrove.com

"By Sage Birchwater City council is sticking by its zero tolerance for late payment of taxes. Dora Renner of Renner Road still has to pay her 10 per cent late penalty charges of $94.45 despite the fact she ended up in hospital on June 8, 2004 for emergency cancer treatment in Kelowna. In a letter to council Renner said she had a trach installed in her throat so she couldn't talk to tell her son in Smithers how to access her bank account. "To be able to access my bank account, my son had to get authorization and a new activation code from the bank before he could pay my bills."

The Chelsea Standard / The Dexter Leader
From: NewsTrove.com

"What is known is that Bank One sold the Arctic Coliseum Ice Arena at a Sept. 13 auction to an unidentified buyer. But at this point, exactly what that buyer intends to do with the 78,000-square-foot facility is unknown. Bank One, which has been purchased by J.P. Morgan Chase & Co., had foreclosed on the property, which was co-owned by John Stansik and two silent partners, and opened in December 2000. Construction of the arena cost approximately $5 million. The construction loan stood at approximately $3.8 million at the time of the auction. 	The owners were delinquent in payment of the arena's real property taxes. As of Sept."

LETTERS TO THE EDITOR
From: NewsTrove.com

"The Daily Times has reported accurately the absurd state of landlord licensing and inspection of rental units in the City of Salisbury. However, a recent editorial comment that the mayor and City Council "did the right thing" in adopting legislation on these matters is misleading, and the discussion is incomplete. Last year, the former City Council passed an ordinance requiring landlords pay a license fee sufficient to fund inspection of all rental units within a period of several years. It would have required such inspections. That legislation was sponsored by the most public-spirited official in Salisbury in recent years, C. T."



CRM Solutions for the Banking Industry
From: context4.kanoodle.com

"Ad - www.sap.com Oct 1 2004 4:01PM GMT"

Junior Achievement and Deloitte Launch National Ethics Essay Contest for High School Seniors
From: c.moreover.com

"CSR Wire Oct 1 2004 4:01PM GMT"

EU states reach deal on derivatives accounting rule
From: c.moreover.com

"Reuters Oct 1 2004 2:37PM GMT"

S Belot: Southern African Institute of Government Auditors Public Sector Reporting Awards
From: c.moreover.com

"South African Government Oct 1 2004 1:30PM GMT"

Vodafone Group Plc: Change in US GAAP Accounting
From: c.moreover.com

"UK Wire Oct 1 2004 12:43PM GMT"


Yuan pledge ahead of G7 meetings
From: news.bbc.co.uk

"China gives further indication it will drop the yuan currency's tight peg to the dollar, ahead of its attendance at G7 meetings."

Manufacturing growth slows down
From: news.bbc.co.uk

"The UK's manufacturing sector shows an unexpected slowdown in September, easing pressure on the Bank of England to raise interest rates again."

India's economy continues to grow
From: news.bbc.co.uk

"India's economy grows by more than 7% in the first quarter of the financial year - the results are better than expected."

Iraq to get $436m loan
From: news.bbc.co.uk

"The International Monetary Fund approves a $436m emergency reconstruction loan for Iraq, the first loan from an international body."

US industrial output still rising
From: news.bbc.co.uk

"Industrial output in the US rose for a 16th straight month in September, ahead of analysts' forecasts."




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."

Financing post-disaster home repairs
From: www.bankrate.com

"Hurricane season packed a mean punch on millions of family homes. Before tapping your home's equity to finance repairs, find out which type of loan will work best for you."

Eliminate debt fast
From: www.bankrate.com

"Organize, prioritize and vaporize your debts with our step-by-step guide for paying down debt."

Confused by home equity? You're not alone
From: www.bankrate.com

"But tapping the equity in your home is not as complicated or expensive as getting a mortgage."

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."


 

 

Copyright 2004 Finance-Informant.com