Industry News

Whole Foods Must Pay $3.2 Million to NY, But Not Penalties - Bloomberg BNA

33 min 6 sec ago

Whole Foods Must Pay $3.2 Million to NY, But Not Penalties
Bloomberg BNA
However, the purveyor of natural and organic groceries, won't have to pay more than a quarter-million dollars in penalties for the underpayment because it acted in good faith, the tribunal said ( In re Whole Foods Mkt. Grp. Inc. , N.Y. Tax App. Trib ...

Trump Plan Cuts Taxes for Rich and Whacks New York, New Jersey - Bloomberg

5 hours 51 min ago

Bloomberg

Trump Plan Cuts Taxes for Rich and Whacks New York, New Jersey
Bloomberg
President Donald Trump and Republican leaders plan to release a tax framework this week that would dramatically cut taxes for corporations and the wealthy, provide a measure of middle-class tax relief and punish some households in Democratic-leaning ...
Trump promising huge tax cut; focus on taxes vs health careNew York Daily News
Michael Calderone on Twitter: "“This guy gets better press than me.” Trump said when meeting Preet Bharara https://t ...Twitter
WSJ Poll: Public Likes Trump's Bipartisan Move — But Little ElseNBCNews.com
RealClearPolitics -NPR -NPR
all 146 news articles »

Trapped by Their Own Lies - New York Times

7 hours 30 min ago

New York Times

Trapped by Their Own Lies
New York Times
The next big item on the G.O.P. agenda is taxes. Now, cutting taxes on corporations and the wealthy may be an easier political lift than taking health insurance away from 30 million Americans. But Republicans still have a problem, because they've spent ...
Health care bill teeters, GOP adds money to woo dissidentsNew York Daily News

all 1,199 news articles »

The reasons why the stock market has been surprisingly strong - New York Daily News

Sun, 09/24/2017 - 18:46

New York Daily News

The reasons why the stock market has been surprisingly strong
New York Daily News
I've been saying for quite some time that the market has been trending higher because investors have been anticipating three things that, if done correctly, translate to higher economic growth: health care reform, income tax reform and infrastructure ...

Trump promising huge tax cut; focus on taxes vs health care - New York Daily News

Sun, 09/24/2017 - 17:04

New York Daily News

Trump promising huge tax cut; focus on taxes vs health care
New York Daily News
Trump says his "primary focus" is the tax overhaul rather than last-ditch efforts to bring a repeal of the Obama health care program. The health care legislation brought forward by Republicans teetered near failure over the weekend, though Trump said ...

Treasury Auctions Set for the Week of Sept. 25 - New York Times

Sun, 09/24/2017 - 15:03

Treasury Auctions Set for the Week of Sept. 25
New York Times
Amherst Development Corporation, N.Y., $66 million of tax-exempt student housing facility revenue refinancing bonds. Janney Montgomery Scott. Arizona Industrial Development Authority, $55 million of education revenue bonds. RBC Capital Markets.

New York business leaders fear threat of health care changes, push to eliminate tax deductibility - New York Daily News

Sun, 09/24/2017 - 10:35

New York Daily News

New York business leaders fear threat of health care changes, push to eliminate tax deductibility
New York Daily News
ALBANY — Concerned state business leaders are closely monitoring two potential major threats out of Washington, D.C., they say could significantly hurt New York. The battle over health care changes and a push to eliminate state and local tax ...

White House says tax plan to help business, middle class - New York Daily News

Sun, 09/24/2017 - 10:07

New York Daily News

White House says tax plan to help business, middle class
New York Daily News
SOMERSET, N.J. (AP) — Treasury Secretary Steven Mnuchin says a Republican tax overhaul plan expected to come out this week will offer help for the middle class and businesses. He says the plan "creates a middle-income tax cut, it makes businesses ...

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Neighbors furious over prep school construction - New York Post

Sat, 09/23/2017 - 23:50

New York Post

Neighbors furious over prep school construction
New York Post
The middle-class residents of an 84th Street building that abuts The Chapin School and where units go for about $400,000 complain that the city is sacrificing millions of dollars in tax revenue — and their quality-of-life — on a project that benefits ...

How Obama is funding the anti-Trump resistance - New York Post

Sat, 09/23/2017 - 09:27

New York Post

How Obama is funding the anti-Trump resistance
New York Post
Wall Street might be shocked to learn it is helping bankroll the anti-Trump “resistance” movement that's aggressively fighting policies it favors — including corporate tax cuts and the repeal of Obama-era banking and health-care regulations. The Obama ...

Google News

NY Panel Largely Upholds Whole Foods' $3.5M Tax Bill - Law360 (subscription)

Fri, 09/22/2017 - 14:44

NY Panel Largely Upholds Whole Foods' $3.5M Tax Bill
Law360 (subscription)
Law360, New York (September 22, 2017, 4:35 PM EDT) -- A New York tax tribunal has mostly kept a Whole Foods subsidiary on the hook for $3.5 million to cover three years of back taxes, but tossed related penalties, finding in a decision released ...

NY Panel Largely Upholds Whole Foods' $3.5M Tax Bill - Law360 (subscription)

Fri, 09/22/2017 - 14:35

NY Panel Largely Upholds Whole Foods' $3.5M Tax Bill
Law360 (subscription)
Law360, New York (September 22, 2017, 4:35 PM EDT) -- A New York tax tribunal has mostly kept a Whole Foods subsidiary on the hook for $3.5 million to cover three years of back taxes, but tossed related penalties, finding that the unit “reasonably, but ...

In Battle Over Tax Cuts, It's Republicans vs. Economists - New York Times

Fri, 09/22/2017 - 13:53

New York Times

In Battle Over Tax Cuts, It's Republicans vs. Economists
New York Times
Credit Al Drago for The New York Times. WASHINGTON — Republican lawmakers are gearing up to battle a powerful force in the coming skirmish over a $1.5 trillion tax cut: Economists. Party leaders are rejecting criticism that their yet-to-be-unveiled ...
At last, the GOP moves toward tax cutsNew York Post

all 171 news articles »

Four Rules for the Coming Tax Reform Debate - New York Times

Fri, 09/22/2017 - 13:05

New York Times

Four Rules for the Coming Tax Reform Debate
New York Times
Next week, Trump administration officials and leading Republicans in Congress are expected to unveil a new framework on tax reform. At the same time, Republicans are making a last-ditch effort to repeal and replace the Affordable Care Act. On health ...

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Behind New Obamacare Repeal Vote: 'Furious' GOP Donors - New York Times

Fri, 09/22/2017 - 11:39

New York Times

Behind New Obamacare Repeal Vote: 'Furious' GOP Donors
New York Times
The latest unsightly pileup over health care was exactly what some Republicans had wanted to avoid by abandoning the repeal effort and skipping straight to tax cuts after the previous embarrassing health care collapse about eight weeks ago. Instead ...
Deadline to pass latest GOP Obamacare repeal bill approachingMy Champlain Valley FOX44 & ABC22
The Republican Plan to Repeal Obamacare for Everybody But Alaska Might Be UnconstitutionalNew York Magazine
NY House Democrats Urge McConnell to Vote Against Graham-Cassidy Health Care BillObserver

all 4,905 news articles »

The Latest: Tax relief proposed for hurricane victims - New York Daily News

Fri, 09/22/2017 - 08:50

New York Daily News

The Latest: Tax relief proposed for hurricane victims
New York Daily News
The head of the House's tax-writing committee is putting forward legislation to give temporary tax relief to victims of hurricanes Harvey, Irma and Maria. The bill from Texas Rep. Kevin Brady, chair of the House Ways and Means Committee, would ease ...
Puerto Rico Faces Mountain of Obstacles on the Road to RecoveryNew York Times

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Japan's PM Abe Considers New Corporate Tax Breaks-Sources - New York Times

Fri, 09/22/2017 - 04:54

Newsweek

Japan's PM Abe Considers New Corporate Tax Breaks-Sources
New York Times
TOKYO — Japanese Prime Minister Shinzo Abe is considering introducing new tax breaks aimed at encouraging companies to boost wages and accelerate capital expenditure to spur economic growth, government and ruling party sources told Reuters on ...
Trump's vile retweet shows he's an abnormal presidentChicago Tribune

all 8,131 news articles »

New potential burden for Houston homeowners: higher taxes - New York Daily News

Thu, 09/21/2017 - 13:49

New York Daily News

New potential burden for Houston homeowners: higher taxes
New York Daily News
Cantrell, whose home took in 29 inches of water, said he is against a proposal by Houston to raise property taxes to help pay for mounting expenses from the storm. Cantrell called the proposal a "ridiculous idea" and said "it's like kicking you when ...

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Downtown Albany luxury condo owners to keep tax breaks - Albany Business Review

Thu, 09/21/2017 - 13:37

Albany Business Review

Downtown Albany luxury condo owners to keep tax breaks
Albany Business Review
... condos in downtown Albany, New York, no longer have to worry… more. Donna Abbott-Vlahos. ​The owners of 24 luxury condos in downtown Albany, New York, no longer have to worry that a generous property tax break could be taken away from them.

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Only Fools Pay Estate Tax? - New York Times

Thu, 09/21/2017 - 13:15

Only Fools Pay Estate Tax?
New York Times
“Only morons pay the estate tax,” Mr. Cohn is quoted as having told a group of Senate Democrats this year. If this reflects Mr. Cohn's sentiment and that of the Trump administration in general, what message does it send to the public? That such ...

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