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Tax Relief News
No tax relief yet, says Snelling
TAX relief for business will be a priority for Treasurer Jack Snelling, but not until the state's finances improve.
Read more...Tax relief boost for 'armchair' investors in small firms
'Armchair Dragons’ may soon be able to benefit from tax breaks that are normally reserved for wealthy investors.
Read more...Remove tax relief on bankers' pay, calls the TUC
REMOVING BANKERS' tax relief on their high earnings would raise nearly £2bn, claims trade union TUC.
Read more...Tax relief on mortgage debt forgiveness ends in 2013, so hurry
The tax-relief law allows homeowners to exclude from income certain debts forgiven by their lenders. The tax break expires Dec. 31, 2012, but keep in mind that a short sale or foreclosure can take many months. The window is closing rapidly on one of the most important tax-relief provisions enacted by Congress during the housing crisis to help financially strapped homeowners.
Read more...Unions says end to tax relief on bonuses will save £1.7bn
Union leaders have stepped up their attack on bankers' bonuses by claiming that changes to the tax system could raise £1.7bn a year.
Read more...Editorial: Natural gas tax ‘relief’ would hurt
When is tax relief not a good idea?Maybe when the tax is one of the few dependable sources of revenue for a state facing a budget deficit spiraling out of control. And particularly when abolishing the tax would provide only a nominal return to the...
Read more...Trenton's dueling plans for tax relief
Governor Christie wants an across-the-board income tax cut, but Democrats say the priority should be middle-class property-tax relief. There's only one problem: New Jersey may not be able to afford either one.
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