Tax Return News
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Updated 3 hours, 5 minutes ago
Wal-Mart Stores Inc., the world’s largest retailer, forecast second-quarter profit that was less than analysts estimated as the slow U.S. economy and higher taxes put pressure on consumers.
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March 22, 2013 - If you're feeling particularly stressed out this tax season, you're not alone. By waiting until early 2013 to settle many 2012 tax rules, Washington delayed the start of tax season. Taxpayers had to wait longer for correct paperwork, the IRS delayed processing returns and programmers scrambled to update tax software. "It's been chaotic, totally chaotic," accountant Marilyn Niwao says. Blake Christian, a partner at Holthouse, Carlin & Van Trigt, vents: "Legislators have no clue, and they really don't care" about the problems they've caused.
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Level Global Investors LP co-founder Anthony Chiasson was sentenced to 6 1/2 years in prison for using illegal tips funneled to him from analysts and company insiders to make more than $68 million for his hedge fund.
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It didn’t get a lot of attention. It happened the same day as hearings on the Benghazi attacks and the announcement of a verdict in the Jodi Arias trial. But House Majority Leader Eric Cantor took a modest step forward last week in his plan to broaden the Republican agenda beyond budget cuts.
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When Oklahoma energy billionaire George Kaiser opened the Northeast Gateway liquid natural gas terminal in 2008, the floating depot’s first delivery was shipped on the Excellence, a 909-foot supertanker that holds 138,000 cubic meters of LNG -- enough gas to meet more than 4 percent of daily U.S. demand.
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Retailers that want the Republican-led U.S. House to pass legislation letting states collect sales taxes from out-of-state sellers have some skillful lobbyists on their side: Republican governors.
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Lauryn N. Hill, the Grammy-winning singer, was sentenced to three months in prison followed by three months of home confinement for not filing U.S. tax returns.
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Villagers fell at Syed Qutab Ali Shah’s feet as he emerged from the shrine complex in Pakistan dedicated to his ancestors, seeking blessings they believe can cure the sick or bring prosperity.
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In 1972, President Richard Nixon cruised to re-election. “The Waltons” premiered on CBS. And Sumner Redstone, who wasn’t yet a global media mogul, made a taxable gift to his children and failed to file a return.
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The mortgage interest deduction capital of the U.S. lies just outside the nation’s capital.
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