Obama Removes Health Care Cadillac Tax: Unions Get $60B Exemption

The President met with congress to discuss the Cadillac tax in Obama's health care bill and its effect on union members.  Working late into the night, the congressional leader appeared with a compromise that...

Biofuels company ditches NZ

    Leading United Kingdom biofuel producer Argent Energy is shelving plans to invest more than $100 million in New Zealand. " Dickon Posnett, managing director of Argent Energy's NZ subsidiary, says New Zealand's proposed legislation in the Biofuels Bill makes...

Because of SCHIP I Now Dip

David Savona at Cigar Aficionado gives an update to the ridiculous rise in cigar and cigarette taxes thanks to SCHIP. Maybe thanks to the rise in the taxes kids will stop smoking and turn to dipping. Crossing my...

Taxes can be paid by electronic system

"If you owe taxes when you file your federal tax return, you can pay electronically using the Electronic Federal Tax Payment System. The system is a free, secure service provided by the Department of Treasury, according to an Internal Revenue Service news release. The system...

IRS scrutinizing telephone refund requests

"The Internal Revenue Service is taking additional steps to prevent abuse by tax preparers and help taxpayers make accurate requests for the one-time telephone excise tax refund. This week, IRS Criminal Investigation special agents and IRS revenue agents are conducting...

Don't pass up phone tax refund, Go get it!

"ephone excise tax. But if you're a senior -- or anyone else who normally doesn't file an income tax return -- you should take advantage of a one-time-only phone refund for 2006. It is easy money -- maybe too easy for the scam artists. This tax season, most taxpayers can...

Mistakes Abound on Telephone-Tax Refund Requests; IRS Offers Tips for Getting...

"The Internal Revenue Service today offered taxpayers tips for requesting the telephone excise tax refund, after early tax returns show some people are making basic mistakes, others are requesting excessive refunds and many are missing out on the refunds, altogether. “We...

Further consultation on HMRC criminal investigation powers

"A consultation document setting out how the Government proposes to update HM Revenue & Customs' (HMRC) criminal investigation powers and accompanying safeguards is published today. The consultation is the latest stage of HMRC's work to modernise its powers, deterrents...

"Adios" to Spanish-American War Phone Tax

"Believe it or not, if you're an American, you've been paying a 3% excise tax on all of your long distance calls to finance the Spanish-American war (yup--the same war that ended years before Theodore Veil founded the first long-distance networking firm, AT&T). This week,...

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