tax and legal

New Regulations Impact Toy Makers

15 Mar 2009 07:00:00 GMT

Can Homeowners Afford Obama's Plan?

27 Feb 2009 02:55:08 GMT

Last week, President Obama announced the administration's Homeowner Affordability and Stability Plan. The goal of HASP is threefold: 1) to stanch foreclosures by refinancing mortgages of 4 million to 5 million "responsible" homeowners; 2) to provide $75 billion worth of loan modifications to help 3 million to 4 million "at-risk" homeowners; and 3) to subdue mortgage rates by injecting even more capital into troubled Fannie Mae and Freddie Mac. More specifics are coming down the pike in early March.

New Tax Tips for Businesses

24 Feb 2009 08:00:00 GMT

Trade Issues 2009: A Roundup

12 Feb 2009 08:00:00 GMT

New Tax Tips for Businesses

12 Feb 2009 06:08:18 GMT

Business purchase write-offs: In an effort to stimulate business growth, the Section 179 depreciation allowance for business equipment or property has been expanded for the 2008 tax year only. Business owners can write off up to $250,000 in qualified purchases, double the amount in 2007. In addition, your purchases can total up to $800,000 in all (up from $500,000) without reducing your first-year depreciation write-off.

New Tax Tips for Businesses

11 Feb 2009 05:40:11 GMT

In these lean times, there's one move that's always smart--preserve your cash by making sure your business gets every tax deduction possible. It's not always easy to keep track of all the deductions you might qualify for because our tax code keeps changing.

UPDATE 2-Turkey's Dogan seeks settlement in tax fine case

23 Oct 2009 01:25:44 GMT

* Four units to seek agreement * Legal challenge to resume if no settlement ISTANBUL, Oct 22 - Turkey's largest media company Dogan Yayin said on Thursday it was seeking a settlement with tax authorities...

Vendors face possible tax burden

23 Jul 2009 17:02:01 GMT

By Tu Lei A new government regulation could require 30 million street vendors to move to government-approved sites with more legal rights, but the vendors are concerned about the potential taxes and fees they may be asked to pay. The proposal calls for street vendors to apply for fixed stalls in...

UPDATE 1-Swiss ask U.S. to drop UBS tax evasion case

27 Apr 2009 01:47:40 GMT

WASHINGTON, April 25 - Switzerland, under pressure to join a global crackdown on tax fraud, asked the United States on Saturday to drop a legal case involving UBS bank in return for a new tax...

U.S. seeks more UBS account records in tax battle

20 Feb 2009 01:59:32 GMT

WASHINGTON, Feb 19 - The U.S. government widened its legal assault on tax dodgers with secret offshore accounts on Thursday by suing UBS AG ...

Consider Taxes When Choosing a Business Structure

11 Sep 2009 08:31:35 GMT

Legal liability shouldn't be an entrepreneur's only consideration--taxes matter.

Swiss law expert: UBS US clients committed no fraud

9 Feb 2009 02:43:50 GMT

GENEVA, Feb 7 - American customers of Swiss bank UBS AG suspected of avoiding U.S. taxes did not commit a tax fraud, according to an investigation by a Swiss legal expert published in Swiss daily...