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10-15-2004 Headlines for: Taxes |  |
Tax Talk: Will a jointly-owned CD escape estate taxation?
From: www.bankrate.com
"Co-ownership of a CD will not necessarily shield the asset from possible federal estate taxes."
Tax Talk: Deducting a hot tub
From: www.bankrate.com
"You may be able to enjoy a nice whirlpool and know that the IRS helped cover the cost, if the treatment is medically necessary."
Donating your jalopy just got tougher
From: www.bankrate.com
"Your can still get a tax break for donating your old beater to charity, but new rules will make the deduction tougher to claim and possibly smaller."
'Hummer tax break' hammered
From: www.bankrate.com
"If your business auto is a sport utility vehicle, you can write off most of its cost -- but new tax rules sharply limit the deduction."
Tax Talk: Tax ID for an estate
From: www.bankrate.com
"The income that estate assets produce following a person's death must be reported on a separate tax return and require a separate tax ID number."
As gas prices soar, shouldn't governments try to reduce consumption by raising taxes at the pump? Better ask Britain first.
From: NewsTrove.com
"LONDON (AP) _ In Britain, drivers pay nearly three times what Americans do for gasoline at the pump, and the high taxes that cause the huge difference have never managed to achieve one of the government's main goals: reducing the number of cars on the road.
But they have dramatically increased the number of small, fuel-efficient cars that Britons drive, and as oil prices continue to climb on world markets, some Britons believe the gas-guzzling United States has to find a way of doing that too.
``Big cars are part of the culture over there."
San Marcos Daily Record
From: NewsTrove.com
"LOS ANGELES - R&B singer Ronald Isley is in tax trouble again. Isley has been indicted for evading taxes from 1997 to 2002 by allegedly depositing his dead brother's royalty checks, buying personal cars using a business account and using cash to keep payments to band members off the books, authorities said Thursday.
A federal grand jury returned the indictment Wednesday afternoon, the Internal Revenue Service said in a statement.
Isley, 63, is charged with five counts of tax evasion and one count of failing to file an income tax return.
The IRS said the singer, who has homes in Los Angeles and St."
Indian Express News Story
From: NewsTrove.com
"Dan Balz and Jim VandeHei
TEMPE, October 14 President Bush and John Kerry battled over domestic issues Wednesday night in the final debate of the 2004 campaign, with the latter charging the president with a record of failure on the economy and health care, and Bush accusing Kerry of a Senate record that is both out of the mainstream and lacking in accomplishment.
Kerry said Bush has allowed the economy to go backward, has turned budget surpluses into deficits and has stood by as millions of Americans have lost their health insurance and jobs."
ATR | John Lynch Plans To Raise Your Taxes
From: NewsTrove.com
"WASHINGTON – In a recent television ad, gubernatorial candidate John Lynch (D) states that he will repeal the statewide property tax, and will veto an income or sales tax. Howe ver, candidate Lynch has spurned repeated requests to put his commitment in writing by signing the Taxpayer Protection Pledge .
This contradiction is a familiar refrain from candidates running for governor. Over and over, Democrats and Republicans have won office claiming to be opposed to new taxes, but refuse to rule out taxes in writing. Their record is clear: Bob Riley (R-AL) tried to raise taxes by $1."
ATR | Davis Brings Financial Savvy to Kentucky,Clooney Would Raise Taxes Instead
From: NewsTrove.com
"WASHINGTON – Today, Americans for Tax Reform (ATR) , the nation’s leading taxpayer group, announced that it is highly confident Republican candidate Geoff Davis would protect taxpayer’s rights and work to expand the economy as a representative from Kentucky’s 4 th district.
Davis, a former Army officer, graduate of West Point and current manufacturing consultant, is vying against retired TV News Anchorman Nick Clooney for an open seat in the House of Representatives. Davis has received ATR’s accolades as he has vowed to oppose all efforts to increase taxes."
ADV:Current Mortgage Rates Nationwide
From: context4.kanoodle.com
"Ad - www.compareinterestrates.com Oct 15 2004 2:44AM GMT"
Auditors Can't Account for Iraq Spent Funds
From: c.moreover.com
"Guardian Unlimited Oct 15 2004 2:44AM GMT"
Auditors Can't Account for Iraq Spent Funds
From: c.moreover.com
"Miami Herald Oct 15 2004 2:27AM GMT"
Auditors Can't Account for Iraq Spent Funds
From: c.moreover.com
"AP via Newsday Oct 15 2004 1:42AM GMT"
U.S. auditors can't account for hundreds of millions spent in Iraq
From: c.moreover.com
"CNEWS Oct 15 2004 1:30AM GMT"
Oil prices rise yet again in US
From: news.bbc.co.uk
"The price of crude reaches a new high in the US, driven up by official data showing a decline in heating oil stocks."
US trade deficit balloons again
From: news.bbc.co.uk
"Official figures show that the US trade deficit widened to the second-highest level on record in August."
Copper takes another hammering
From: news.bbc.co.uk
"Copper prices fall for the second day running amid fears of falling demand from key markets in China and the US."
Transport strike hits Netherlands
From: news.bbc.co.uk
"Public transport grinds to a halt in the Netherlands as workers strike against the government's planned welfare cuts."
Oil dominates Russia-China talks
From: news.bbc.co.uk
"Russian President Vladimir Putin is holding talks in Beijing on contentious plans for an oil pipeline."
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."
How to hire a contractor
From: www.bankrate.com
"Remodeling or repairing your home is not something you do every day. Here's how to be selective when choosing a contractor."
Debt through history
From: www.bankrate.com
"Columbus set sail because Spain was desperate for new resources to help her pay off her debts. The explorer is just one example of how debt has influenced world events."
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."
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