Industry News

A Man in Florida Mistakenly Received a $980,000 Tax Refund, and Officials Say He Tried to Keep It - The New York Times

Sat, 02/16/2019 - 06:56
A Man in Florida Mistakenly Received a $980,000 Tax Refund, and Officials Say He Tried to Keep It  The New York Times

The average tax refund is usually a couple of thousand dollars, but a man in Florida who earned less than $3,500 mistakenly received a check for a much higher ...

The state and local tax deduction cap probably isn’t going away — despite Trump’s comments - Los Angeles Times

Sat, 02/16/2019 - 06:00
The state and local tax deduction cap probably isn’t going away — despite Trump’s comments  Los Angeles Times

President Trump again indicated this week he might be open to revisiting the controversial new limit on state and local tax deductions that hits many ...

Watch Out. Tax Season Is Even More Stressful Than Usual. - The New York Times

Sat, 02/16/2019 - 03:00
Watch Out. Tax Season Is Even More Stressful Than Usual.  The New York Times

With millions of people filing tax returns under a new tax law and after a long government shutdown, this is a challenging year. We offer survival tips and ...

Watch Out. Tax Season Is Even More Stressful Than Usual. - The New York Times

Sat, 02/16/2019 - 03:00
Watch Out. Tax Season Is Even More Stressful Than Usual.  The New York Times

With millions of people filing tax returns under a new tax law and after a long government shutdown, this is a challenging year. We offer survival tips and ...

The Lucky Strike Edition - Slate

Sat, 02/16/2019 - 00:00
The Lucky Strike Edition  Slate

Slate Money on lower tax refunds, Finland's income experiment, and labor's current strengths.

Get out of New York, all the good restaurants are closed - Washington Examiner

Fri, 02/15/2019 - 22:00
Get out of New York, all the good restaurants are closed  Washington Examiner

Like thousands of others, my son Luke recently left New York after 16 years to return to our Colorado mountain community. The cost of living, the filth, the ...

Analysis: California, New York, D.C. have most progressive income taxes - Florida Business Daily

Fri, 02/15/2019 - 21:08
Analysis: California, New York, D.C. have most progressive income taxes  Florida Business Daily

California, Connecticut, New York, New Jersey and Washington, D.C., ranked among the U.S. jurisdictions with the most progressive individual income tax ...

Political malpractice forced Amazon out of NYC -- And it wasn't just Ocasio-Cortez - Fox News

Fri, 02/15/2019 - 20:16
Political malpractice forced Amazon out of NYC -- And it wasn't just Ocasio-Cortez  Fox News

Socialist Rep. Alexandria Ocasio-Cortez, D-N.Y., was not the main player who led Amazon to cancel plans to build a second headquarters in New York City.

Florida Man Got $980K Tax Refund, But He Shouldn't Have, Feds Say - NBC New York

Fri, 02/15/2019 - 18:56
Florida Man Got $980K Tax Refund, But He Shouldn't Have, Feds Say  NBC New York

A Florida man received a huge IRS refund by falsely claiming he paid $1 million in taxes, authorities said Friday. The IRS has recouped much of the $980000 ...

Is Nancy Pelosi a Climate Skeptic? - The New York Times

Fri, 02/15/2019 - 18:38
Is Nancy Pelosi a Climate Skeptic?  The New York Times

It's time to reckon with the internal contradictions of climate policy.

Is Nancy Pelosi a Climate Skeptic? - The New York Times

Fri, 02/15/2019 - 18:38
Is Nancy Pelosi a Climate Skeptic?  The New York Times

It's time to reckon with the internal contradictions of climate policy.

After Amazon Deal’s Demise, ‘Raw’ Feelings and Democratic Infighting - The New York Times

Fri, 02/15/2019 - 17:02
After Amazon Deal’s Demise, ‘Raw’ Feelings and Democratic Infighting  The New York Times

As New York reels from the company's withdrawal, the State Senate's newly empowered Democrats are facing the first major test of their leadership.

Feds: Former Rochester CEO defrauded his company out of $455K - Rochester Democrat and Chronicle

Fri, 02/15/2019 - 16:52
Feds: Former Rochester CEO defrauded his company out of $455K  Rochester Democrat and Chronicle

The former chief executive office of a Rochester-area technology company is accused of defrauding his own company, the U.S. Attorney's Office announced ...

Conservative fiscal policies have made Florida a haven for high-tax refugees - Miami Herald

Fri, 02/15/2019 - 16:38
Conservative fiscal policies have made Florida a haven for high-tax refugees  Miami Herald

New York's Gov. Andrew Cuomo told New Yorkers unhappy with the state's high taxes that Florida was an attractive option.

Westchester County Exec Urges NYS Approval For Sales Tax Hike - WAMC

Fri, 02/15/2019 - 16:11
Westchester County Exec Urges NYS Approval For Sales Tax Hike  WAMC

The Westchester County executive is pushing a proposal to bring in new revenue. In a move to combat a limited SALT deduction and a winnowing fund reserve,

Latimer Calls For Slight Sales Tax Increase | White Plains - Daily Voice

Fri, 02/15/2019 - 16:08
Latimer Calls For Slight Sales Tax Increase | White Plains  Daily Voice

Property taxes may soon be frozen, but consumers in Westchester will also be paying an increased sales tax if County Executive George Latimer's plan is ...

Amazon will pay $0 in federal taxes this year — and it's partially thanks to Trump - CNBC

Fri, 02/15/2019 - 15:51
Amazon will pay $0 in federal taxes this year — and it's partially thanks to Trump  CNBC

Amazon is one of the world's biggest companies, with $232 billion in 2018 revenue. But the company will not pay one cent in federal taxes this year thanks to ...

Amazon's NYC Retreat Heralds New Era of Corporate Welfare Fights - Bloomberg

Fri, 02/15/2019 - 15:42
Amazon's NYC Retreat Heralds New Era of Corporate Welfare Fights  Bloomberg

Just as New Yorkers were absorbing Amazon.com Inc.'s decision to abandon a new office hub after tangling over $3 billion in tax breaks, General Electric Co.

HQ2: Here's Why Amazon Ditched New York - Investor's Business Daily

Fri, 02/15/2019 - 14:59
HQ2: Here's Why Amazon Ditched New York  Investor's Business Daily

Amazon's decision to pull the plug on the New York half of its "HQ2" shows just how inhospitable the state has become to businesses.

Gundlach: My marginal tax rate is 52.6%, and it's 'really weird' that people like Mitt Romney pay 14% - Yahoo Finance

Fri, 02/15/2019 - 14:12
Gundlach: My marginal tax rate is 52.6%, and it's 'really weird' that people like Mitt Romney pay 14%  Yahoo Finance

Famed bond investor Jeffrey Gundlach thinks there are other solutions to narrow a yawning income inequality gap than a 70% marginal tax rate.

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