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The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). The IRS is soliciting comments concerning information collection requirements related to income, excise, and estate and gift taxes; effective dates and other issues arising under the employee benefit provisions of the tax reform act of 1984.
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Despite a financial crisis, Jeannette Council members said Wednesday that they anticipate introducing a preliminary budget for 2011 next week that holds the line on city real estate taxes.
Several other measures were approved yesterday to assist City Clerk Michael Minyon in securing a $500,000 unfunded debt loan to offset what was forecast to be a $432,000 shortfall by the end of the year.
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Q. Given the Mayor's recent announcement that real estate taxes will not be increased in 2012, do you think that will be positive for commercial prope...
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This is not a substitute for legal advice. An attorney must be consulted.
Generally, a taxable estate of $600,000 or more will incur federa...
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On May 4, 2011, the Governor of Connecticut signed the state budget into law. In an effort to trim the state deficit, the budget includes significant ...
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PETERSBURG - Kevin Brown, treasurer of the City of Petersburg, reports that his office, working with the law firm of Sands Anderson, has collected $214,018.01 in delinquent real estate taxes owed to the City by Petersburg Regency LLC. on a local hotel property.
This amount has accumulated since 2007 and represents the largest amount of delinquent real estate taxes owed to the City on any one property," Brown reported. "We collected the full amount due to the City, without deduction.
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Most Americans don't worry about Internal Revenue Service tax audits because of their infrequency. When you play by the rules, the odds of having your individual tax return examined are remote. As the estate tax exemption has increased, fewer returns that claim it are filed. In 2004, there were 74,172 total such returns filed, as compared with a projected 17,600 returns to be filed in 2010, according to the IRS. Even assuming that there will be staffing shifts within the IRS, there will still be significantly fewer returns to examine per available examiner. Given that appetite for revenue and increasing odds for audit, now is the time to be proactive. Protect your assets by keeping your estate planning current. Consider three good reasons to review your estate plan with your planning pr...
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Being the beneficiary of a prized piece of real estate comes with a heavy price tag now that the estate tax and generation skipping transfer taxes hav...
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Colonial Heights real estate taxes are too high
To the Editor: