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Taxes

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Will I Owe Taxes If I Move My Retirement Savings to a Roth 401(k)?

Money Magazine - ‎3 hours ago‎
Q. Within my 401(k) plan, can I transfer an amount to the 401(k) Roth and pay the taxes from the amount transferred? Or do I have to pay the taxes from another source? - Randy Gaven, Cornville, AZ. A. You raise a good question, and one that more ...
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Oil Investor Zukerman Dodged $45 Million in Taxes, U.S. Says

Bloomberg - ‎22 hours ago‎
Along the way, he evaded more than $45 million in taxes, the U.S. now alleges. Zukerman avoided income and sales taxes by hiding his gains in phony commercial and charitable transactions, according to an indictment made public on Monday by a federal ...

Amsterdam to pay local Jews $11m for Holocaust survivor taxes

The Times of Israel - ‎10 hours ago‎
Upon their return, the survivors were made to pay a tax because their homes were left empty during the Holocaust, according to a report in The Telegraph on Monday.
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13 Ways to Pay Lower Taxes Next Year

Motley Fool - ‎14 hours ago‎
Taxes are kind of necessary to keep our civilization humming, with schools, police, courts, roads, and so on. Still, most of us would like to pay as little in taxes as we have to. Fortunately, there are lots of ways to pay lower taxes next year -- and ...
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Legalizing marijuana would reap $300M a year in taxes for NJ, advocates say

NJ.com - ‎13 hours ago‎
TRENTON - New Jersey could reap $300 million a year in sales tax revenue by legalizing marijuana for recreational use, according to a new report by supporters of the effort.
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How Much Will I Pay in Social Security Taxes?

Motley Fool - ‎14 hours ago‎
Social Security provides tens of millions of Americans with valuable retirement and disability benefits. The revenue for those benefits comes from taxation, and there are two completely separate sets of Social Security taxes that you might have to pay ...

New taxes in Sri Lanka to curb usage, lower profits — Fitch

Mobile World Live - ‎7 hours ago‎
New taxes imposed by Sri Lanka's government will result in stagnant revenue growth this year as well as lower profitability, Fitch Ratings forecasts.
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Oregon on track to collect $43 million in pot taxes this year

OregonLive.com - ‎12 hours ago‎
Oregon is expected to take in about $43 million in tax revenue from recreational marijuana this year under a revised estimate by state economists.
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Hillary and Bill Clinton dodge 'death taxes' by putting their home into trusts

Daily Mail - ‎22 hours ago‎
Hillary and Bill Clinton have been using financial planning strategies to reduce their exposure to the so-called 'death tax' that she wants to raise, new documents have confirmed. The couple have created residence trusts for their Chappaqua, New York ...
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Google's Paris HQ raided by French police in tax fraud probe

9 to 5 Google - ‎1 hour ago‎
According to several breaking news reports, Google's headquarters in Paris are being raided this morning by French investigators as part of a probe into the US company's tax payments. Both Le Parisien and Reuters were informed by sources that a search ...

25 Years, $13 Billion Lost: Connecticut Income Tax Continues To Fail

Forbes - ‎22 hours ago‎
Twenty-five years ago, amid economic turmoil and a looming budget crisis that put legislators at each other's throats, the then-governor of Connecticut made a fateful decision.

Baer: Oh, those Pennsylvania taxes!

Philly.com - ‎May 23, 2016‎
Business Council boss Dave Patti says the tax project is aimed at laying a baseline for "holistic" reforms over time.

Want a better higher education system? Raise taxes

The Seattle Times - ‎14 hours ago‎
Good ideas already exist, ideas that would make our tax system both fairer and more efficient. Fairness is important. In Washington state, which relies so heavily on the sales tax, poor people pay six times more in taxes than rich people do, as a ...

Let's talk turkey about taxes: Keenan

Toronto Star - ‎May 21, 2016‎
I think the City of Toronto should raise property taxes by 5 per cent this year - an increase of about $235 per year for the average homeowner - in addition to the rate of inflation, and then commit to inflationary increases in the years to come.

Lowell lags in collecting payment in lieu of taxes from nonprofits

Lowell Sun - ‎2 hours ago‎
LOWELL -- The city brings in less money in voluntary tax payments from nonprofits than many much smaller communities, including Danvers, Holden, Ludlow and Millbury, according to a report by the city's chief financial officer.

Berkeley voters could face dueling Robin Hood tax measures

East Bay Times - ‎17 hours ago‎
The competing measure was authored by the Berkeley Rental Housing Coalition, the legal and policy arm of the Berkeley Property Owners Association.

Managing expatriate taxes in an age of global business

The Standard Digital News (press release) (blog) - ‎16 hours ago‎
Expatriate taxes are the most complex of employment taxes. Though tax is generally complicated, it becomes more complex when it involves more than one jurisdiction.
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An Open Letter to Donald Trump: Release Your Tax Returns to the Public

Huffington Post - ‎8 hours ago‎
It is critical that candidates for the highest office in the land release their income tax returns for multiple years, especially you Mr. Trump.
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TOPS funding could drive state discussion of taxes

NOLA.com - ‎15 hours ago‎
State Rep. Cameron Henry, R-Metairie, fought to keep TOPS fully funded in the state budget. If TOPS had been fully funded, the Legislature might have an easier time avoiding another session to raise taxes and eliminate tax breaks. (Kevin Litten, NOLA ...
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