NEW YORK (Reuters) - Global stocks jumped 2 percent or more and commodities rallied on Wednesday after U.S. legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into recession.The deal reached on Tuesday to avert the "fiscal cliff" put off the immediate pain of income tax hikes for almost all U.S. households but did nothing to...
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Swiss bank to pay $57.8M in US tax evasion plea
Labels: Business
NEW YORK (AP) — Switzerland's oldest bank became the first foreign bank to plead guilty in the United States to tax charges when it admitted Thursday that it helped American clients hide more than $1.2 billion from the Internal Revenue Service.Wegelin & Co., founded in 1741, entered the plea in federal court in Manhattan, agreeing to pay $20 million in restitution to the IRS, a $22 million fine...
Updated: 2013 Federal Income Tax Brackets And Marginal Rates
Labels: Business
When you file your federal income tax return before April 2013, you're filing your 2012 taxes, and the 2012 income tax brackets define the amount of tax you owe to the government before credits and after-tax adjustments. The first paycheck or consultancy fee you earn in 2013 falls under new rules, however. The 2013 income tax brackets apply to money you earn during that year, although you may not...
Jan
08
Lumens.com Introduces Exclusive Pull Wall Sconce by Tech Lighting
Labels: Business
Lumens.com exclusively introduces the Pull Wall Sconce by Tech Lighting, a nod to mid-century modern design with 21st century technology.Sacramento, CA (PRWEB) January 08, 2013Lumens.com has introduced the new Pull Wall Sconce by Tech Lighting, a nod to mid-century modern design with 21st century technology. This new product comes from one of the industry’s leaders in modern, innovating decorative...
2013 NFL Playoffs: AFC & NFC Division Game Tickets On Sale Now at Ticket Process
Labels: Business
TicketProcess.com is making a bevy of NFL tickets to the second round of the 2012 playoffs available, including tickets to the 49ers versus Packers game at Candlestick Park this Saturday and the Patriots versus Texans game this upcoming Sunday at Gillette Stadium.(PRWEB) January 08, 2013The announcement will likely drive a large volume of traffic to the online ticket exchange in the upcoming days,...
The Manhattan Declaration Joins KnockTV’s National Partners Program for Groundbreaking New TV Series SURRENDER THE SECRET
Labels: Business
The Manhattan Declaration publicly declares its support of KnockTV’s SURRENDER THE SECRET television series, identifying it as a highly effective way to promote the sanctity of life.Tampa, FL (PRWEB) January 08, 2013KnockTV, LLC and the Manhattan Declaration today announced a national partnership agreement to jointly promote and support KnockTV’s new groundbreaking Christian reality TV series SURRENDER...
Jan
03
Ford 4.6 Crate Engines Now Built for Car Owners at CrateEnginesforSale.com
Labels: BusinessFord 4.6 crate engines are now built for car owners at the CrateEnginesforSale.com website. This company is now offering the V8 Ford and Lincoln series motors in 4.6 size to car owners or installers that purchase these for replacement in vehicles.Hartford, Connecticut (PRWEB) January 04, 2013Owners of Ford and Lincoln vehicles now have a way to purchase a replacement motor for a discount price online....
Susan Hankinson Announces the Release of ‘Tell Me a Story, Grammy Sue’
Labels: BusinessGLEN GARDNER, N.J. (PRWEB) January 04, 2013With a desire to share her stories with children all over the world, Susan Hankinson penned “Tell Me a Story, Grammy Sue” (published by AuthorHouse), a simple, quaint collection of short stories about overcoming fear with imagination.Each short story brings readers into a world of fear – most were taken from Hankinson’s children – and Hankins then turns that...
Rubin Perry’s New Book Talks about Peace through the Divine Nature of God
Labels: BusinessDesigned to Become Divine the Role of Peace” inspires readers in obtaining peace with knowledge and understanding of God through Jesus Christ and the Holy Spirit.Roswell, GA (PRWEB) January 04, 2013A book about peace obtained through knowledge and understanding of the divine nature of God and doing as He directs so that all become like Him is in the book titled Designed to Become Divine the Role of...
Tax Deed Sales at the County Level Explained in New Guide at TedThomas.com
Labels: BusinessTax deed sales at the county level in all 50 U.S. states is now explained in a new guide online at TedThomas.com. This new guide is part of a video series that has been launched online to help those interested in tax deeds to become educated about the topic.San Francisco, California (PRWEB) January 04, 2013TedThomas.com has launched a new video platform that includes tax deed sales at the county level....
Lab Coats Brand Medelita Provides New Benefits to Physician Assistants
Labels: BusinessMedical Scrubs and lab coats company provides member benefits to several new PA Associations.San Clemente, CA (PRWEB) January 03, 2013Medelita® has announced partnerships with the Association of Physician Assistants in Cardiology, the North Carolina Academy of Physician Assistants, the Virginia Academy of Physician Assistants, and the Physician Assistant Academy of Vermont.Medelita will offer a special...
Dec
26
Tax filing delay looms if no fix for minimum tax: IRS
Labels: BusinessThe top U.S. tax collector warned on Thursday of a delayed start to 2013's tax season if Congress fails to reset the alternative minimum tax (AMT) on high-income taxpayers so that it does not sweep in millions of middle-income people.Without another adjustment by lawmakers soon to the AMT, "many of us will see a delayed filing season," said Steven Miller, named just last month as Internal Revenue...
Oregon governor says Nike plans to hire thousands
Labels: BusinessSporting goods giant Nike plans to expand its operations in Oregon and hire as many as 12,000 new workers by 2020 but wants the government to promise it won't change the state tax code, prompting a special session of the Legislature.Gov. John Kitzhaber said he'll call lawmakers together Friday in Salem to create a new law authorizing him to grant Nike's wish.The governor did not release information...
Oregon governor says Nike plans expansion
Labels: Business Nike wants to expand its Oregon operations and hire hundreds of workers but is asking the government to promise it won't change the state tax code.Gov. John Kitzhaber (KIHTS'-hah-bur) says he'll call the Legislature into session Friday to create a law to give Nike its wish.The company has not specified its expansion plans except to say it would create at least 500 jobs and $150 million in capital...
Report: Most Pakistani lawmakers do not file taxes
Labels: BusinessThe majority of Pakistani lawmakers do not file tax returns despite a legal requirement to do, a report said Wednesday, reinforcing concerns about the low level of tax revenue in the country.Pakistan has one of the lowest tax-to-GDP rates in the world because payment is not well enforced, and major areas of the economy, such as the agriculture sector, are either taxed at very low rates or not at all.Around...
Pennies over patriotism? Stars move to tax havens
Labels: Business France's Socialist government is introducing a 75-percent income tax on those earning over €1 million ($1.3 million), leading some of the country's rich and famous to set up residency in less fiscally demanding countries.Here's a look at some big names in France and elsewhere whose changes of address over the years have meant lighter taxes.DEPARTING DEPARDIEUThe French prime minister has accused...
Dec
22
Ind. taxpayers to see $111 credit from surplus
Labels: BusinessINDIANAPOLIS (AP) — Indiana taxpayers will receive a $111 credit on their state income tax returns next year as the state distributes part of its budget surplus.Gov. Mitch Daniels on Wednesday announced the credit that will be $222 for couples filing joint returns. The credit represents the automatic taxpayer refund plan that Daniels pushed through the state Legislature last year.That refund kicked...
Lawmakers urged to resolve property tax inequities
Labels: BusinessSANTA FE, N.M. (AP) — County and real estate officials urged the Legislature on Wednesday to deal with a thorny problem of property tax inequities among New Mexico homeowners, also known as "tax lightning," when taxes skyrocket on some residential property.At issue are widely varying valuations of residential property for tax purposes and continuing fallout from a more than decade-old law intended...
Exclusive: India's fiscal deficit could reach 5.5-5.6 percent of GDP in 2012/13 - source
Labels: BusinessNEW DELHI (Reuters) - India's fiscal deficit could reach 5.5-5.6 percent of GDP in the current fiscal year that ends in March, forcing the government to borrow up to 400 billion rupees ($7.2 billion) extra from the market, a senior government official told Reuters on ThursdayJust last month, subdued tax revenue and higher spending on subsidies forced the government to revise its fiscal deficit target...
Italy's lower house approves Monti's budget plans
Labels: BusinessROME (Reuters) - Italy's lower house of parliament on Thursday approved a package of budget measures including a sales tax hike and a cut in some payroll taxes, aimed at helping the government reach its deficit-cutting targets.Approval was expected after Prime Minister Mario Monti's government won three confidence votes on Wednesday that it had called to speed up passage of the budget.The measures...
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