Tax News

October is the new April for taxpayers, accountants after tax law confusion

For Americans who couldn’t figure out how to pay their taxes in April after Republicans overhauled the tax code, there is a new day of dread for accountants: Oct. 15. That’s the filing deadline for individuals and corporations that asked the Internal Revenue Service for a six-month extension to submit their tax documents. Accountants say …

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Deutsche Bank told court it does not hold Trump’s tax returns | News

Thursday, October 10, 2019 10:06 a.m. CDT NEW YORK (Reuters) – Deutsche Bank said in a letter to a U.S. court that it does not hold copies of U.S. President Donald Trump’s tax returns, the 2nd U.S. Circuit Court of Appeals said on Thursday. Trump has appealed against the release by the German lender of …

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Italy to launch “web tax” in 2020 targeting digital giants | News

Italy has confirmed that it will implement a 3% web tax on large-scale web-based activity from big digital companies starting next year.  The new tax will oblige big digital companies such as Facebook and Netflix to pay a 3% levy on some internet transactions after members of the European Union (EU) complained about web giants …

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John T. Crane, 68, longtime owner of Crane Tax Service Corp. – The Buffalo News

April 1, 1951 — Oct. 7, 2019 John T. Crane loved to golf at Brierwood Country Club and to bowl in leagues. He did both of those until his failing health forced him to give them up. What he never gave up was his dedication to his clients. “He still worked this tax season,” said …

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South Africa Tax Service Asks Treasury for Funds, Bus. Day Says

The South African Revenue Service has asked Finance Minister Tito Mboweni for more funds over the next three years to build up its capabilities and invest in technology, Business Day reported. SARS needs to fill 968 vacancies, 600 of which are critical, the Johannesburg-based newspaper reported, citing Commissioner Edward Kieswetter, who addressed lawmakers Wednesday. The …

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Tax hike debated at Port Angeles council candidate forum

PORT ANGELES — A proposed sales tax to fund affordable housing received limited support from six City Council candidates at the general election season’s last of four Clallam County League of Women Voters forums. Charlie McCaughan, Richard “Doc” Robinson, Nina Napiontek, Navarra Carr, Martha Cunningham and Brendan Meyer sat at the dais in the City …

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Tulpehocken Township gives solicitor green light to draft tax ordinance

If the $52 annual levy is found to be permissible, supervisors will vote on it in November. Written by By Geneva Aulenbach Wernersville, PA — The Tulpehocken Township supervisors on Wednesday approved a motion allowing the township solicitor to draft a local services tax ordinance. If research determines …

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AT&T Has Been Charging Portland Customers for a Tax It Won’t Pay

Turns out such charges are unwarranted. The city’s Revenue Bureau, which is in charge of collecting the new tax, classifies cellphone providers as utilities—and utilities are exempt from the tax, which is levied on retailers with $500,000 in sales in Portland and more than $1 billion nationally. The definition of which utility companies qualify as …

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Harris County Tax Increase Averted After Commissioners Skip Meeting

When Judge Lina Hidalgo (D) called to order this week’s meeting of the Harris County Commissioners Court, the two Republican members of the court were conspicuously absent. The court had been scheduled to vote on Hidalgo’s proposal to raise property taxes by the maximum 8 percent allowable without voter approval.  After January 1, 2020 a …

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