Yahoo! News: Business - Taxes and Tax Season Copyright (c) 2010 Yahoo! Inc. All rights reserved. http://news.yahoo.com/business/taxes business Business - Taxes and Tax Season en-us Wed, 10 Feb 2010 01:29:21 GMT 5 Yahoo! News 142 18 http://news.yahoo.com/business/taxes http://l.yimg.com/a/i/us/nws/th/main_142c.gif Tax credits, Medicare fix in Senate jobs bill (Reuters) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100210/us_nm/us_usa_congress_jobs nm/20100210/us_usa_congress_jobs Reuters business Wed, 10 Feb 2010 01:29:21 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100210/us_nm/us_usa_congress_jobs"><img src="http://d.yimg.com/a/p/ap/20100209/capt.283721c6d586426380517b48f59567d8.obama_dcpm110.jpg?x=130&y=70&q=85&sig=XpKAccBwER6FRTHnIa_rfw--" align="left" height="70" width="130" alt="Vice President Joe Biden, far left, takes his seat in the Cabinet Room of the White House in Washington, Tuesday, Feb. 9, 2010, before the start of a meeting between President Barack Obama and bipartisan House and Senate leaders to discuss the economy and jobs. From left are, Biden, House Minority Leader of John Boehner of Ohio, House Speaker Nancy Pelosi of Calif., the president, and Senate Majority Leader Harry Reid of Nev. (AP Photo/Pablo Martinez Monsivais)" border="0" /></a>Reuters - Highway funding and tax breaks for hiring workers figure prominently in a jobs-creation bill that Democrats and Republicans in the U.S. Senate hope will attract rare joint support in an election year, lawmakers said on Tuesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100210/us_nm/us_usa_congress_jobs"><img src="http://d.yimg.com/a/p/ap/20100209/capt.283721c6d586426380517b48f59567d8.obama_dcpm110.jpg?x=130&y=70&q=85&sig=XpKAccBwER6FRTHnIa_rfw--" align="left" height="70" width="130" alt="photo" title="Vice President Joe Biden, far left, takes his seat in the Cabinet Room of the White House in Washington, Tuesday, Feb. 9, 2010, before the start of a meeting between President Barack Obama and bipartisan House and Senate leaders to discuss the economy and jobs. From left are, Biden, House Minority Leader of John Boehner of Ohio, House Speaker Nancy Pelosi of Calif., the president, and Senate Majority Leader Harry Reid of Nev. (AP Photo/Pablo Martinez Monsivais)" border="0"/></a></p><br clear="all"/> (Reuters) Studio tied to Saints dispute ordered liquidated (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/la_saints_tax_credits ap/20100209/la_saints_tax_credits AP business Tue, 09 Feb 2010 22:01:31 GMT AP - A judge on Tuesday ordered into liquidation a defunct Louisiana movie studio tied to a $1.7 million dispute with New Orleans Saints players and coaches. Inside Toyota's epic breakdown (Reuters) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100209/bs_nm/us_toyota_specialreport nm/20100209/us_toyota_specialreport Reuters business Tue, 09 Feb 2010 21:28:18 GMT Reuters - Toyota Motor Corp, the world's most dominant and profitable automaker, was not accustomed to outsiders telling it what to do, let alone some obscure bureaucrat from the United States, whose own car industry was on taxpayer-funded life support. Kansas House panel reviews tax credit reform (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/ks_xgr_kansas_taxes ap/20100209/ks_xgr_kansas_taxes AP business Tue, 09 Feb 2010 21:06:29 GMT AP - A Kansas House committee considered a proposal Tuesday that would eliminate some seldom-used income tax credits and improve efficiency within the Department of Revenue. UBS makes Q4 profit, but withdrawals continue (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/eu_switzerland_ubs_earnings ap/20100209/eu_switzerland_ubs_earnings AP business Tue, 09 Feb 2010 19:28:32 GMT AP - Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but disappointing investors with news that rich clients are still withdrawing large sums of money. Senate Democrats unveil jobs package (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_congress_jobs ap/20100209/us_congress_jobs AP business Tue, 09 Feb 2010 22:38:40 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_congress_jobs"><img src="http://d.yimg.com/a/p/ap/20100121/capt.e977af3717a143669ffcbc8181cc8d78.campaign_finance_dclb110.jpg?x=130&y=101&q=85&sig=L.Nc84wlrObcx_jqHbyQkQ--" align="left" height="101" width="130" alt="Sen. Charles Schumer, D-N.Y., left, accompanied by Rep. Chris Van Hollen, D-Md. talks on Capitol Hill in Washington, Thursday, Jan. 21, 2010, to dicuss campaign finance reform after the Supreme Court ruling. (AP Photo/Lauren Victoria Burke)" border="0" /></a>AP - Senate Democrats circulated a jobs bill Tuesday that's light on new initiatives on boosting hiring and heavy with provisions sought by lobbyists for business groups, doctors and the satellite broadcasting industry.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_congress_jobs"><img src="http://d.yimg.com/a/p/ap/20100121/capt.e977af3717a143669ffcbc8181cc8d78.campaign_finance_dclb110.jpg?x=130&y=101&q=85&sig=L.Nc84wlrObcx_jqHbyQkQ--" align="left" height="101" width="130" alt="photo" title="Sen. Charles Schumer, D-N.Y., left, accompanied by Rep. Chris Van Hollen, D-Md. talks on Capitol Hill in Washington, Thursday, Jan. 21, 2010, to dicuss campaign finance reform after the Supreme Court ruling. (AP Photo/Lauren Victoria Burke)" border="0"/></a></p><br clear="all"/> (AP) Cost cutting helps Temple-Inland 4Q results (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_earns_temple_inland ap/20100209/us_earns_temple_inland AP business Tue, 09 Feb 2010 16:57:40 GMT AP - Timber company Temple-Inland Inc. on Tuesday reported a fourth-quarter profit, helped by a tax credit and cost-cutting, though sales fell at both its corrugated packaging and building products units. Iowa AG files charges over film tax credits (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_iowa_movie_taxes ap/20100209/us_iowa_movie_taxes AP business Tue, 09 Feb 2010 00:25:16 GMT AP - Two filmmakers, their companies and the former manager of the Iowa Film Office were accused Monday of mishandling tax incentives designed to lure moviemakers to the state. Laser treatment maker Cutera breaks even in 4Q (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_cutera ap/20100208/us_earns_cutera AP business Mon, 08 Feb 2010 23:37:45 GMT AP - Cutera Inc., which makes laser skin treatments that dermatologists and plastic surgeons use, said Monday that it broke even during its fiscal fourth quarter on a boost in revenue and a tax gain. Audit: Merged districts could save Kan. millions (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/ks_xgr_kansas_schools_finance ap/20100208/ks_xgr_kansas_schools_finance AP business Mon, 08 Feb 2010 22:23:11 GMT AP - Consolidating public school districts in Kansas could save millions of taxpayer dollars, although not enough to solve the state's budget crisis this year, according to a new report released Monday. Lower taxes, charges boost Nasdaq OMX profit (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_nasdaq_omx_group ap/20100208/us_earns_nasdaq_omx_group AP business Mon, 08 Feb 2010 21:46:36 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_nasdaq_omx_group"><img src="http://d.yimg.com/a/p/ap/20100208/capt.6f19fbd212bc44729436ca33e852ea50.earns_nasdaq_omx_group_nybz154.jpg?x=130&y=86&q=85&sig=NgQjl9_dOLyaugIgONt9GQ--" align="left" height="86" width="130" alt="FILE - In this Oct. 24, 2008 file photo, a man watches stock prices at the Nasdaq MarketSite in New York's Times Square. Nasdaq OMX Group Inc. said Monday, Feb. 8. 2010, its fourth-quarter profit rose 23 percent on lower impairment charges and taxes at the global exchange operator compared with a year ago.(AP Photo/Mark Lennihan, file)" border="0" /></a>AP - Eroding market share and weaker trading volumes hurt Nasdaq OMX Group Inc.'s fourth-quarter revenue, but sharply lower taxes and fewer charges helped the global exchange operator report better-than-expected profit growth.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_nasdaq_omx_group"><img src="http://d.yimg.com/a/p/ap/20100208/capt.6f19fbd212bc44729436ca33e852ea50.earns_nasdaq_omx_group_nybz154.jpg?x=130&y=86&q=85&sig=NgQjl9_dOLyaugIgONt9GQ--" align="left" height="86" width="130" alt="photo" title="FILE - In this Oct. 24, 2008 file photo, a man watches stock prices at the Nasdaq MarketSite in New York's Times Square. Nasdaq OMX Group Inc. said Monday, Feb. 8. 2010, its fourth-quarter profit rose 23 percent on lower impairment charges and taxes at the global exchange operator compared with a year ago.(AP Photo/Mark Lennihan, file)" border="0"/></a></p><br clear="all"/> (AP) German tax cheat gets $10M in damages from bank (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/eu_liechtenstein_tax_evasion ap/20100208/eu_liechtenstein_tax_evasion AP business Mon, 08 Feb 2010 12:21:15 GMT AP - A court has ordered a former subsidiary of Liechtenstein's LGT bank to pay over euro7.3 million ($10 million) to a client for failing to inform him that his confidential details had been stolen and handed to authorities, thereby harming his chances of escaping criminal penalties for tax evasion. Unions vow strike as Greece finalizes deficit plan (Reuters) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_greece_taxes nm/20100208/us_greece_taxes Reuters business Mon, 08 Feb 2010 11:06:42 GMT Reuters - Greek unions pledged on Monday to fight austerity measures with a public sector strike this week, the first test of the government's commitment to cut deficits and a ballooning public debt which has shaken the euro. Mo agency says IRS failed to pay $172 waste fee (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100205/ap_on_re_us/us_irs_unpaid_fee ap/20100205/us_irs_unpaid_fee AP business Fri, 05 Feb 2010 23:36:26 GMT AP - A Missouri agency says the IRS has failed to pay a small hazardous waste fee that's more than three years overdue. Bigger Tax Breaks On Your '09 Return (Investor's Business Daily) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ibd/20100205/bs_ibd_ibd/20100205funds ibd/20100205/20100205funds Investor's Business Daily business Fri, 05 Feb 2010 23:10:27 GMT Investor's Business Daily - The arrival of documents like W-2s and 1099s signals it's time to get your tax return in gear. Coal industry balks at proposal for higher taxes (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_mining_taxes ap/20100205/us_mining_taxes AP business Fri, 05 Feb 2010 19:55:29 GMT AP - Coal companies are objecting to an Obama administration proposal that could raise their state taxes to cover the cost of regulating surface mining. Germany offered new set of tax evasion data (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/eu_germany_switzerland_tax_evasion ap/20100205/eu_germany_switzerland_tax_evasion AP business Fri, 05 Feb 2010 19:11:47 GMT AP - An informant has offered German authorities a set of data containing details of hundreds of investors suspected of evading taxes via accounts in Switzerland &mdash; the second case in as many weeks. Online retailers could have to collect Colo. tax (AP) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/ap/20100205/ap_on_hi_te/us_colo_tax_breaks ap/20100205/us_colo_tax_breaks AP business Fri, 05 Feb 2010 15:05:42 GMT AP - Colorado is considering becoming the fourth state to force online retailers like Amazon to charge state sales tax. UBS to reorganize struggling U.S. wealth management (Reuters) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100205/bs_nm/us_ubs nm/20100205/us_ubs Reuters business Fri, 05 Feb 2010 11:25:53 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100205/bs_nm/us_ubs"><img src="http://d.yimg.com/a/p/rids/20100205/i/r2436246233.jpg?x=130&y=86&q=85&sig=30OKBjQd3jbcINpq4ixUeg--" align="left" height="86" width="130" alt="A U.S. flag flies in front of a UBS building in New York November 17, 2009. REUTERS/Lucas Jackson" border="0" /></a>Reuters - Troubled Swiss bank UBS , which has been battered by a U.S. tax evasion probe, is reorganizing its U.S. wealth management division in an attempt to stem outflows.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/nm/20100205/bs_nm/us_ubs"><img src="http://d.yimg.com/a/p/rids/20100205/i/r2436246233.jpg?x=130&y=86&q=85&sig=30OKBjQd3jbcINpq4ixUeg--" align="left" height="86" width="130" alt="photo" title="A U.S. flag flies in front of a UBS building in New York November 17, 2009. REUTERS/Lucas Jackson" border="0"/></a></p><br clear="all"/> (Reuters) Brown Sworn in as U.S. Senator, Urges Tax Cut to Spur Economy (Bloomberg) http://us.rd.yahoo.com/dailynews/rss/taxes/*http://news.yahoo.com/s/bloomberg/20100205/pl_bloomberg/aa589w9lhzu bloomberg/20100205/aa589w9lhzu Bloomberg business Fri, 05 Feb 2010 05:00:02 GMT Bloomberg - Feb. 5 (Bloomberg) -- Massachusetts Republican Scott Brown was sworn in as a U.S. senator, taking the seat held for almost half a century by the late Edward Kennedy and ending the supermajority for Senate Democrats that let them overcome stalling tactics on legislation.