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January 9, 2009



Now Salmond wants to axe Scottish council tax - but it will leave the English with an £800m bill

Alex Salmond launched an audacious bid to scrap council tax in Scotland - and leave English taxpayers to fund an £800million shortfall.

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Loss from home foreclosure can't be deducted from tax return

Question: This year we are one of the numerous homeowners who lost their home to foreclosure. We had put $80,000 down and remodeled the home with an additional $125,000 -- our life savings. An adjustable rate that was affordable until my husband's construction business declined resulted in our demise. Can we claim any of this loss on our tax return for 2008? ... more...

S.Lanka to Tax Winter Jackets, Other Unsuitable Aid

Tropical Sri Lanka is grateful for a deluge of tsunami aid but said on Friday it drew the line at used winter jackets, blankets and other second-hand clothes and would tax unsuitable aid to discourage it.

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