Taxation

Manassas approves preliminary budget with cuts, lower taxes

NEW LOCAL HOME PAGE Click for news, weather, entertainment, more. Manassas sets course for cuts Budget map approved Average residential tax bill would fall 4.1% Washington Post Staff Writer Sunday, November 22, 2009 The...

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Extended homebuyer credits and jobless benefits

After unanimous passage in the Senate and a 403-12 passage in the House of Representatives, President Obama signed H.R. 3548 into law on November 6. The bill extends and expands a key tax credit for homebuyers while also...

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LLC vs S Corporation: Five Tricks for Making an Easier Decision

LLC vs. S Corp is Not a Real Choice Here's the first thing you need to understand. You never have to choose between an LLC and an S corporation. This sounds crazy at first. But you need to understand that an S corporation is...

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State considering tax hikes because there’s little fat left to trim

How bad is it? Raha’s predecessor, Chang Mook Sohn, was assigned the nickname Dr. Doom after a series of recession-era forecasts. But when the state’s Economic and Revenue Forecast Council met in September, Raha finally was...

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Howard budget calls for little change

HOWARD Residents in Howard wont see much of a change in the amount theyre paying to the village in property taxes if the Village Board passes the proposed 2010 budget at Monday nights meeting without any changes.

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U.S. targeting Hong Kong in tax evasion crackdown

Hong Kong is a new target of U.S. prosecutors pursuing a global campaign against evaders of federal taxes, spurred by data acquired in their crackdown on Swiss banks. Prosecutors are trying to determine what role financial...

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Income tax falls further off radar

State officials have talked about letting felons out of prison and capping benefits for TennCare recipients. They've brought up the possibility of cutting highway patrols in 13 counties and raising fees for a driver's license...

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Mayor Bloomberg hid plenty from New York citizens while campaigning for third term

Here's what you missed while Mayor Bloomberg was running for a third term - because he kept it under wraps: The city budget deficit isn't as bad as he said, the NYPD was quietly exempted from the budget cuts, and a $60 million...

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Outrage over waste

Taxpayers want federal dollars spent properly If $1 out of every $20 in your bank account mysteriously disappeared, you'd demand an explanation. Well, that is the situation we face as federal taxpayers. In a report released...

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Christie's challenge: Cutting $8 billion

The state has an $8 billion budget hole for next year. Revenues are collapsing. And voters have elected Chris Christie as governor to do just as he promised: cut government spending and not raise taxes.

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