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10-25-2004 Headlines for: Taxes |  |
Tax Talk: INS vs. IRS on home-sale proceeds
From: www.bankrate.com
"Immigration and IRS officials use different standards to determine nonresident status, so make sure the correct rules are applied when it comes to taxing home sale profits."
'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: Using home equity to buy CDs
From: www.bankrate.com
"You usually don’t get enough in tax breaks to justify borrowing money for which you don’t have an immediate need."
Tax Talk: Do repair hassles affect a disaster deduction?
From: www.bankrate.com
"If your disaster repairs aren't made until next year, it's not a tax problem. The delay won't affect the deduction for the loss on your upcoming return."
Tax Talk: Taxes and unspent insurance money
From: www.bankrate.com
"If you didn't use your full insurance settlement to make repairs, don't worry. You won't be taxed on that unspent amount. But you will have to take it into account if you file a casualty loss on your return."
Northwest Indiana News: nwitimes.com - News: Pastrick remains hopeful for city's future
From: NewsTrove.com
"He admits that in the past his campaign supporters acted overzealously and triggered the federal probes that are dogging his efforts to win a ninth consecutive term.
And he claims to have unplugged from the city's notorious political machine in order to focus on turning the city around. That includes making taxes affordable and revitalizing the flagging housing stock to stop an influx of unsavory South Side Chicagoans.
"I think I can fix it, and I don't think my opponent can," said Pastrick, 76. "Had there been someone running who could fix it, I would have stepped aside. My wife and I would love to go out and do some things."
News - Post-Tribune (Northwest Indiana)
From: NewsTrove.com
"In broad strokes, the four candidates for two Lake County Board of Commissioners seats paint the contest as one of experienced Democratic political veterans vs. Republican neophytes with a yen for change in county politics.
The fine points in the race for the 2nd District seat between incumbent Gerry Scheub and challenger Bill Muha, and the battle for the 3rd District post between Fran DuPey and challenger Mark Beggs, have included several hot-button disputes: Fiscal responsibility in government, property taxes, crime and accountability by officials for the state of the county.
The incumbents trumpeted their records while in office."
News - Post-Tribune (Northwest Indiana)
From: NewsTrove.com
"Whoever wins Tuesday's repeat of East Chicago's 2003 mayoral primary will face tough decisions before his term expires in 2007.
Property tax increases have focused unprecedented public scrutiny on city spending. Despite upticks in the global steel markets, the local economy
continues to sag. Crime rates remain above state and federal averages, according to the FBI Uniform Crime Report.
A string of public corruption scandals taints the already suspect reputation of the city. The winner will have to reunite a city divided by bitter allegations between supporters of incumbent Robert A. Pastrick and challenger George Pabey."
ENERGY AND AMERICA'S FUTURE / Campaigns fail to focus on energy
From: NewsTrove.com
"Gasoline prices are hitting record highs, stocks of winter heating fuel
are shrinking and energy costs are slowing the U.S. economy. Yet little of
this is being discussed on the campaign trail.
Drowned out by Iraq and the war on terror, one of the most critical
problems confronting America's future -- energy -- has barely been
featured in the blizzard of television ads, the three presidential debates and
the stump speeches of President Bush and Sen. John Kerry.
And when the candidates do bring the subject up, neither of them fully
explains how he intends to achieve his stated goals."
Ryanair extends autumn seat sale in Scotland with fares from 1p plus taxes
From: NewsTrove.com
"announced an extension of its massive systemwide seat sale in Scotland.
The sale began last weekend has been extended to Tuesday October 26.
Fares are up for grabs from just 1p plus taxes on Ryanair's newest route
from Glasgow Prestwick to D sseldorf which will begin operation on
November 8.
Sensational deals from 99p plus taxes are also available from Glasgow
Prestwick to Bournemouth, Stockholm, Dublin and London.
Announcing the extension today, Ryanair's Sales Manager Scotland Cathy
Timlin said:
"Not only are we extending the booking period until next Tuesday
but we have reduced our fares even more."
ADV:Try Currency Trading Risk-Free 30 Days
From: context4.kanoodle.com
"Ad - www.gftforex.com Oct 25 2004 0:06AM GMT"
KPMG fined record $10m over Gemstar
From: c.moreover.com
"Telegraph Oct 25 2004 0:06AM GMT"
KPMG fined $10m over Gemstar
From: c.moreover.com
"Telegraph Oct 24 2004 11:09PM GMT"
Corporate Tax Law and the Politics of Greed
From: c.moreover.com
"Progressive Trail Oct 24 2004 7:19PM GMT"
Accountant deficit hits city
From: c.moreover.com
"Courier Mail Oct 24 2004 3:35PM GMT"
UK economy slows in third quarter
From: news.bbc.co.uk
"The UK's economic growth slows in the third quarter, as recent interest rate rises hit home."
Bush shakes up US corporate taxes
From: news.bbc.co.uk
"President Bush signs a bill to settle a trade war with Europe, which awards some $140bn in new tax breaks over 10 years."
Oil prices at high on new worries
From: news.bbc.co.uk
"Oil prices close at record levels amid continuing supply worries, helping to push Wall Street to a 2004 low."
China's economic boom slows down
From: news.bbc.co.uk
"China's economic growth slows for a third straight quarter as efforts to rein in booming expansion continue to take hold."
Africa's big plan 'disappointing'
From: news.bbc.co.uk
"One of the architects of Africa's home-grown plan for economic development criticises its lack of achievements."
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."
Tax Talk: Using home equity to buy CDs
From: www.bankrate.com
"You usually don’t get enough in tax breaks to justify borrowing money for which you don’t have an immediate need."
6 costly mortgage myths
From: www.bankrate.com
"Think you can't get a mortgage if you have some dings on your credit? Or that it's always best to pay off the mortgage early? If so, it's time to dispel some myths."
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."
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."
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