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Ford Motor Company has filed a lawsuit in federal court, claiming it deserves at least $445 million in accrued interest from the IRS.
The years in question are 1983-89, 1992 and 1994 and the issue of interest stems from quarterly tax payments made by Ford that […]
Hmm… I get asked about incorporation for the sake of taxes quite a bit. So, I decided to tackle it for my guest post over at Problogger. Check it out!
If you have other questions, don’t forget to ask the taxgirl!
Tags: business, business decisions, incorporation, Problogger, taxShare This
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Massachusetts’ Economic Assistance Coordinating Council is expected to give its approval to a $3.5 million tax break for JPMorgan Chase & Co. voted in by the Boston Redevelopment Authority (BRA) and City Council. The tax break includes a $2 million cut in property taxes […]
The Ferraro Law Firm has announced that a new tax whistleblower submission of more than $4.4 billion has been filed with the IRS Whistleblower Office. This brings the total of whistleblower claims filed by The Ferraro Law Firm to more than $10 billion.
According to The Ferraro Law Firm, in this most recent submission, […]
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Hmm… What’s that they say about keeping your enemies close?
It turns out that state and federal officials might have been some help with the investigation that triggered tax liabilities and class action suits against FedEx. And that help may wear brown, […]
Many online retailers received a shock last month when they received official notice from the State of New York that they must register and begin collecting sales tax.
Until this month, companies that didn’t have a store or “physical presence” in New York were not required to collect the sales tax. This idea of […]
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Yahoo! has confirmed that it will move its European headquarters from London to Geneva - just a few skips away from Google, which is now located in Zurich. Yahoo! claims that the move is to “increase financial performance” which has been widely translated as […]
On Wednesday, Congress will consider rolling back nearly $18 billion in tax breaks for large oil companies pushed through in 2005. The White House has already voiced its intention to veto such a bill if it passes.
Democrats are hopeful that the bill will pass. Last year, a similar bill languished in the Senate […]
A US District Court has granted the federal government’s motion for summary judgment that Bluetooth Association is not a tax exempt (section 501(c)(6)) business league (cite: Bluetooth SIG, Inc. v. United States, No. C05-1778).
Bluetooth Association was founded in 1998 and was actually incorporated in 2000 as a Delaware non-profit corporation.
In early 2002, Bluetooth Association filed […]
Taxpayer asks:
Can you please tell me what I should do if the independent contractor has not provided me with his TIN or EIN number? Should I send in the 1099 without a number?
Taxgirl says:
This is probably one of those answers that I’ll get flak for but I’m giving you my opinion anyway…
The official rules say […]
tax news, tax info and tax policy - and it’s not as boring as you think!
Written by Kelly Phillips Erb [email] for b5media.
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