"It's the economy -- again," said Pennsylvania Business Council President David W. Patti this week, "and the best way to stimulate growth, the creation of jobs and better wages for Pennsylvanians is to make a few modest changes in the tax code that will encourage businesses to locate and expand in the Commonwealth."
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Family tax benefit recipients will be means tested as part of Federal Government moves to slash spending.
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Editor's Note: The following article was written by Douglas M. Dougherty, CFA, a vice president and portfolio manager with Atlanta-based CornerCap Investment Counsel.
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Four types of professionals can legally charge consumers to prepare tax returns in California: A CTEC Registered Tax Preparer (CRTP), an Attorney, a Certified Public Accountant (CPA) or an Enrolled Agent (EA).
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The North Carolina Department of Revenue has extended the deadline for filing state tax returns this year, the agency announced today. The extended deadline conforms to a change made by the Internal Revenue Service, which moved its deadline for filing federal tax forms to April 17, 2007.
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The Internal Revenue Service learned late Friday of a new tax scam on the Internet that lures taxpayers into filing tax information on a site masquerading as a member of the Free File Alliance. The IRS reminded taxpayers the only place to access the Free File program is through the official IRS.gov Web site.
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China's finance minister has introduced a new corporate tax law. China's tax rate for all companies will now be a standard 25 per cent, bringing to an end different rates for foreign and domestic companies.
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Computer systems used by the Canada Revenue Agency (CRA) for the handling of tax filing data for Canadians have been temporarily shutdown due to infrastructure problems. [1] A March 7 article in the Toronto Star [2] states that due to errors in the electronic filing system, Canada Revenue Agency will be unable to accept any tax filings electronically or corrections to prior filings.
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Parents and guardians of children in the United States suffering from learning disabilities (LD) often qualify for considerable tax deductions. As Americans across the country file their income taxes this year, many may be unaware of significant benefits available to them.
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The Internal Revenue Service reminds members of the military to take advantage of Free File, which allows taxpayers to prepare and e-file their federal income tax return online for free. Taxpayers who have an adjusted gross income of $52,000 or less in 2006 are eligible.
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Persons who pay user fees associated with Form 8802, Application for United States Residency Certification, will be able to pay them electronically through the IRS Web site beginning April 2, 2007.
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The Internal Revenue Service announced today that taxpayers are continuing to file their tax returns electronically from home computers at a record pace, up almost 7 percent from the same period last year.
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