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Yahoo! News: Business - Taxes and Tax Season
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Business - Taxes and Tax Season
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Police raids highlight Italy's fight against tax evasion
(Reuters)
Reuters - The two-man workshop close to the Vatican had been busy when tax police raided it last week, seizing about a million religious articles and souvenirs ranging from rosaries to images of Pope John Paul II.
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Palestinians call for PM's fall over taxes
(AP)
AP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.
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Arizona Senate approves motion picture tax credit
(AP)
AP - The Arizona Senate has approved a bill creating a tax credit for motion picture production in the state.
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Free tax help available for modest income earners
(AP)
AP - Tax laws are so complex many taxpayers don't feel comfortable filing out their own returns, but getting professional help can be expensive.
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U.S. indicts Wegelin bank for helping Americans avoid tax
(Reuters)
Reuters - The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.
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Obama says his policies are extension of his faith
(AP)
AP - Blending politics and religion, President Barack Obama said his Christian faith is a driving force behind his economic policies, from Wall Street reform to his calls for the wealthy to pay higher taxes.
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US charges Swiss bank with aiding in tax fraud
(AP)
AP - The U.S. Justice Department says it has indicted Switzerland's oldest private bank, claiming it conspired with Americans and others to hide more than $1.2 billion in client assets from the Internal Revenue Service.
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NYC mayor unveils budget with minimal layoffs
(Reuters)
Reuters - New York City Mayor Michael Bloomberg on Thursday unveiled a $68.7 billion preliminary budget, closing a $2 billion gap without raising taxes or laying off teachers or uniformed workers.
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House says budget should reflect economic impacts
(AP)
AP - The House on Thursday voted to take a "dynamic scoring" approach to assessing how legislation affects the economy, a budgetary method that Republicans say will help lawmakers make good decisions but Democrats say is a gimmick aimed at justifying tax cuts.
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Wynn's 4th-qtr profit up 67 pct as revenue climbs
(AP)
AP - Wynn Resorts Ltd. said Thursday that revenue growth in its Macau and Las Vegas casinos and a sizable income tax gain helped drive profit up 67 percent in the last three months of 2011.
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