March 12, 2010
S. Hadley reaffirms a uniform tax rate
SOUTH HADLEY - The Selectboard has reaffirmed its Dec. 5 vote to have a uniform fiscal 2007 tax rate at the direction of the state Department of Revenue.
Here’s one quick-and-easy way to help solve the state budget crisis: Track down the tax dodgers. Virginia is owed $1.4 billion in past-due taxes. If it could collect all the money in arrears, it would be about halfway toward closing the fiscal shortfall. Gov. Tim Kaine has hired 55 workers to help track down the delinquent accounts. Good. It’s a crying shame that the state has to slash programs
... more...Sen. Grassley: Ready to beef up tax laws on options backdating
WASHINGTON (MarketWatch) -- The Senate's top tax writer urged federal authorities Tuesday to closely investigate allegations that publicly traded companies "backdated" options grants to top executives, and to let lawmakers know if existing laws are strong enough to punish the practice. Link to original articleOverlooked Tax Deductions -
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