Industry News

Exclusive: McConnell frets about healthcare, hopeful on tax overhaul - New York Daily News

Wed, 05/24/2017 - 22:13

New York Daily News

Exclusive: McConnell frets about healthcare, hopeful on tax overhaul
New York Daily News
In an exclusive interview with Reuters, McConnell said healthcare and taxes still top the Republican legislative agenda, and he added that he will not reach out to the minority Democrats on either one because differences between the two parties are too ...

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New Zealand to spend budget windfall on roads and cut taxes - New York Daily News

Wed, 05/24/2017 - 20:50

New York Daily News

New Zealand to spend budget windfall on roads and cut taxes
New York Daily News
Finance Minister Steven Joyce outlines his budget plan to journalists and analysts on Thursday, May 25, 2017, in Wellington, New Zealand. The nation's conservative government is planning to reduce taxes and spend more money on building roads and ...

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The Latest: Democrats press Treasury secretary on tax cuts - New York Daily News

Wed, 05/24/2017 - 14:18

New York Daily News

The Latest: Democrats press Treasury secretary on tax cuts
New York Daily News
Treasury Secretary Steven Mnuchin takes his seat on Capitol Hill in Washington, Wednesday, May 24, 2017, prior to testifying before the House Ways and Means Committee hearing on the Treasury Department's fiscal year 2018 budget proposals.

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Barcelona soccer player Messi loses appeal in tax fraud trial - New York Daily News

Wed, 05/24/2017 - 10:44

Barcelona soccer player Messi loses appeal in tax fraud trial
New York Daily News
MADRID (Reuters) - Spain's Supreme Court on Wednesday rejected an appeal by Barcelona soccer star Lionel Messi and stood by a Catalan regional court's 21-month prison sentence for tax fraud, court documents showed. The five-times World Player of the ...

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'Soup Nazi' Company CFO Charged With Avoiding Thousands in Taxes - Eater NY

Wed, 05/24/2017 - 09:07

Eater NY

'Soup Nazi' Company CFO Charged With Avoiding Thousands in Taxes
Eater NY
... based on Al Yeganeh's former restaurant, Soup Kitchen International — Robert Bertrand has been charged with tax evasion for avoiding “hundreds of thousands of dollars in tax payments” by paying employees off the books, The New York Times reports.
'Soup Nazi' company's top exec gets hit with tax evasion chargesNew York Daily News
'Soup Nazi' exec arrested for tax evasion | New York PostNew York Post
'Soup Nazi' company's Chief Financial Officer facing tax evasion ...WABC-TV
amNY -NJ.com -Norwalk Daily Voice
all 38 news articles »

Trump tax reforms could push Israeli tech companies to the U.S. - New York Daily News

Wed, 05/24/2017 - 08:43

New York Daily News

Trump tax reforms could push Israeli tech companies to the U.S.
New York Daily News
JERUSALEM (Reuters) - U.S. President Donald Trump's plans for sharp cuts to corporate taxes will lead Israeli technology companies, a lynchpin of Israel's economy, to consider shifting their domicile to the United States, industry and accountancy ...

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Part of Trump's tax plan is a 'hostile attack' on states, warns New York Gov. Andrew Cuomo - CNBC

Wed, 05/24/2017 - 08:18

CNBC

Part of Trump's tax plan is a 'hostile attack' on states, warns New York Gov. Andrew Cuomo
CNBC
President Donald Trump's call to end the federal deduction for state and local taxes is a "hostile attack" on states, New York Gov. Andrew Cuomo asserted Wednesday. In an interview on "Squawk Box," Cuomo warned that for "California, New York, New ...

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Messi loses Supreme Court appeal over tax-fraud conviction - New York Daily News

Wed, 05/24/2017 - 07:34

New York Daily News

Messi loses Supreme Court appeal over tax-fraud conviction
New York Daily News
Messi's father, Jorge Horacio Messi, also had been convicted of tax fraud, but the court reduced his sentence from 21 months to 15 months because he cooperated by returning the defrauded money to the tax authorities. He also is not expected to face ...

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Executive for 'Soup Nazi' Company Pleads Not Guilty to Felony Tax Evasion - New York Times

Tue, 05/23/2017 - 19:46

New York Times

Executive for 'Soup Nazi' Company Pleads Not Guilty to Felony Tax Evasion
New York Times
At an arraignment on Tuesday, Mr. Bertrand pleaded not guilty and was released on $50,000 bail, according to the United States attorney's office for the Eastern District of New York. Soupman sells soup and licenses franchises inspired by the famous ...
'Soup Nazi' exec arrested for tax evasion | New York PostNew York Post
'Soup Nazi' company's top exec gets hit with tax evasion chargesNew York Daily News
'Soup Nazi' company's CFO, Robert Bertrand, indicted on tax evasion, DOJ saysamNY
WABC-TV -NJ.com -Fox Business
all 24 news articles »

Uber to Repay Millions to Drivers, Who Could Be Owed Far More - New York Times

Tue, 05/23/2017 - 19:41

EJ Insight

Uber to Repay Millions to Drivers, Who Could Be Owed Far More
New York Times
Uber's contract with drivers appears to allow the company to deduct only its 25 percent commission, not taxes, from their fares. But a lawsuit filed by a drivers' advocacy group in New York last year said the company was making its drivers swallow the ...
Uber admits it has underpaid city drivers for yearsNew York Post
Uber underpaid NY driversThe Australian
Uber admits stiffing NYC drivers by millions of dollarsNew York Daily News
EJ Insight
all 62 news articles »

Economists See Little Magic in Tax Cuts to Promote Growth - New York Times

Tue, 05/23/2017 - 16:31

New York Times

Economists See Little Magic in Tax Cuts to Promote Growth
New York Times
The Trump administration promises average annual economic growth of 3 percent, but the Federal Reserve and the Congressional Budget Office have projected a pace of less than 2 percent in the long run. Credit Todd Heisler/The New York Times.
Trump Budget Based on $2 Trillion Math ErrorNew York Magazine
Huge cuts to food stamps part of Trump's budget proposalNew York Daily News
Trump to propose big cuts to safety net in new budget, slashing Medicaid and opening door to other limitsWashington Post
Axios
all 1,141 news articles »

Border Tax's Apparent Demise Jeopardizes GOP Overhaul Plan - New York Times

Tue, 05/23/2017 - 15:06

New York Times

Border Tax's Apparent Demise Jeopardizes GOP Overhaul Plan
New York Times
An employee at an avocado packaging plant in Michoacán State, Mexico. The United States buys most of Mexico's avocados, which would be subject to a 20 percent tax under a proposed plan. Credit Ronaldo Schemidt/Agence France-Presse — Getty ...
CEOs of Target, ADM to square off on U.S. border tax at hearingNew York Daily News
Americans for Affordable Products Launches Local Campaign in New York Ahead of Tuesday's Ways and Means ...PR Newswire (press release)
Ryan bucks White House, setting up clash on taxesPolitico

all 65 news articles »

Why NY Realtors are worried about Trump's tax plan - Rochester Democrat and Chronicle

Tue, 05/23/2017 - 14:58

Why NY Realtors are worried about Trump's tax plan
Rochester Democrat and Chronicle
ALBANY - If the federal government drops New Yorkers' ability to deduct state and local taxes from their income taxes, it would play havoc with the state's housing industry, Realtors warned Tuesday. The state Association of Realtors echoed concerns ...

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Why NY realtors are worried about Trump's tax plan - WGRZ-TV

Tue, 05/23/2017 - 14:22

WGRZ-TV

Why NY realtors are worried about Trump's tax plan
WGRZ-TV
ALBANY -- If the federal government drops New Yorkers' ability to deduct state and local taxes from their income taxes, it would play havoc on the state's housing industry, realtors warned Tuesday. The state Association of Realtors echoed concerns from ...

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Why NY Realtors are worried about Trump's tax plan - The Journal News | LoHud.com

Tue, 05/23/2017 - 13:56

The Journal News | LoHud.com

Why NY Realtors are worried about Trump's tax plan
The Journal News | LoHud.com
ALBANY - If the federal government drops New Yorkers' ability to deduct state and local taxes from their income taxes, it would play havoc on the state's housing industry, Realtors warned Tuesday. The state Association of Realtors echoed concerns from ...

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'Soup Nazi' company's top exec gets hit with tax evasion charges - New York Daily News

Tue, 05/23/2017 - 12:21

New York Daily News

'Soup Nazi' company's top exec gets hit with tax evasion charges
New York Daily News
Tax crimes like those alleged in the indictment hurt every American citizen." Bertrand pleaded not guilty and was released on a $50,000 bond. The exec had an appointed attorney for the arraignment, which caused Magistrate Judge Marilyn Go to raise an ...
'Soup Nazi' exec arrested for tax evasionNew York Post
'Soup Nazi' company's CFO, Robert Bertrand, indicted on tax evasion, DOJ saysamNY
'Soup Nazi' company exec indicted on tax evasion chargesNJ.com
WABC-TV -Fox Business -Norwalk Daily Voice
all 20 news articles »

'Soup Nazi' exec arrested for tax evasion - New York Post

Tue, 05/23/2017 - 11:42

WABC-TV

'Soup Nazi' exec arrested for tax evasion
New York Post
The chief financial officer for the Staten Island-based Soupman Inc. – made famous by Seinfeld's iconic “Soup Nazi” episode – was busted Tuesday for not paying half a million dollars in taxes over the course of four years, authorities announced.
'Soup Nazi' company's Chief Financial Officer facing tax evasion chargesWABC-TV

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India offers tax concessions to Apple to expand production: official - New York Daily News

Tue, 05/23/2017 - 06:43

India offers tax concessions to Apple to expand production: official
New York Daily News
NEW DELHI (Reuters) - India has offered to allow Apple Inc to import mobile handset components intended for use in local manufacturing tax free, a top government official said on Tuesday. The tax concessions will be subject to the condition of ...

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Health Policy Is Vital to Tax Reform Policy - New York Times

Tue, 05/23/2017 - 01:21

Politico

Health Policy Is Vital to Tax Reform Policy
New York Times
There is strong bipartisan support in Congress for cutting the corporate tax rate to improve competitiveness. If done in a revenue-neutral manner, as the Tax Reform Act of 1986 was, that simultaneously gets rid of inefficient tax loopholes that distort ...
Americans for Affordable Products Launches Local Campaign in New York Ahead of Tuesday's Ways and Means ...MilTech

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Supreme Court rejects challenge to state retroactive tax changes - New York Daily News

Mon, 05/22/2017 - 22:14

New York Daily News

Supreme Court rejects challenge to state retroactive tax changes
New York Daily News
The Supreme Court also refused to take up an appeal by closely held Dot Foods Inc over a lower court ruling favoring Washington state in a similar retroactive tax dispute. Before 2008, companies with activities in Michigan and outside the state could ...

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