Senate panel backs different income disclosure bill
New Orleans Times-Picayune - Marionneaux’s bill likely will be changed, however, after senators indicated they would prefer to see income reported in ranges, rather than through income tax records. Supporters of income disclosure bills say it would help increase confidence in
Source: www.nola.com
Senate narrowly passes Democratic tax plan
Greenwich Time - The Democrats’ plan would lower income tax rates for lower and middle-income earners and raise taxes on wealthier residents This will help us break that logjam,” Senate President Pro Tempore Donald E. Williams Jr., D-Brooklyn, said late Tuesday
Source: www.greenwichtime.com
Dreaded IRS letters may require just a simple taxpayer response
Fort Lauderdale Sun-Sentinel - Lasser’s “Your Income Tax'’ guide, said taxpayers who used professional preparers should go back to them if the IRS questions the return. “At the very least they may help you formulate an answer that is acceptable to the IRS,'’ she said. LeValley also
Source: www.sun-sentinel.com
Peregrine Financial Group to seek state incentives
Waterloo Cedar-Falls Courier - Account to help offset an estimated $980,000 cost to supply electrical and telecommunications infrastructure to the construction site. PFG is also applying to the state’s High Quality Job Creation Program for a 5 percent corporate income tax credit
Source: www.wcfcourier.com
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