That was in March, when federal guidelines and state and local orders forced her to shut down Antique and Artisans Emporium to help prevent the spread of the coronavirus.
Now, the Cameron County Appraisal District's reappraisals have boosted two of her buildings' property values by $20,000 while raising another buildings' values by $10,000, she said.
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"During this time, how dare they raise taxes," Ramirez said. "I paid my taxes, paid my insurance and by the time March came along I didn't have any money. It put me totally cash broke."
Quite a lot has been going on:
Rift between Fayetteville and Cumberland County could close Crown Complex, officials say - News
The Crown Complex may have to shut down if a bill is not passed soon in the General Assembly to extend a special restaurant meals tax that is funding its operations, several Cumberland County commissioners said this week.
“My hope would be for the greater good of our community, the city and the county can come to an agreement to figure this out and keep going,” state Rep. John Szoka said Thursday. “It’s not in anybody’s interest to continue to disagree on this issue. Having the Crown close, that is a bad outcome.”
Q&A: 2nd Congressional District candidates on the issues | Elections | southbendtribune.com
Answers from the candidates in the primaries for Indiana's 2nd Congressional District were compiled by the League of Women Voters and IUSB's American Democracy Project. To learn about others races and for tools to help navigate the voting process, go to www.vote411.org
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There are several key policies that need to be embraced to fight the growing income gap in America. First, we must raise the minimum wage and make sure that cities can set their own levels without interference from state governments. Second, we should embrace a tax system with higher incremental tax rates at the top income brackets and look to make other tax code changes that will moderate wealth growth for the top 1% and encourage businesses to increase wages for a broad base of employees.
Bed Bath & Beyond Announces Plan To Re-Open Stores And Expand Roll-Out Of Store Fulfillment
UNION, N.J., May 22, 2020 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY ) today announced plans to re-open more stores and further expand store fulfillment services as part of its phased approach to re-opening stores across North America , subject to state and local regulations. The Company plans to take the following steps by June 13 :
"Customers across North America are already taking advantage of the ease and convenience of Buy-Online-Pick-Up-at Store (BOPIS) and contactless curbside pickup, and we're delighted to roll-out these services to over 1,000 store locations, as well as welcoming customers back into hundreds of our stores again as we start to re-open across the US and Canada .
In case you are keeping track:
New Treasury Regulations Address Disallowance of Deductions for Fines, Penalties and Other
On May 12, the Department of the Treasury (Treasury) and the Internal Revenue Service (the Service) issued proposed regulations (REG-104591-18) that address the disallowance of deductions for amounts paid or incurred for fines, penalties and other amounts.
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Prior to the enactment of the Tax Cuts and Jobs Act of 2017 (TCJA), Section 162(f) provided that fines and penalties paid in connection with a violation of law were nondeductible for federal income tax purposes. Large and often high-profile corporate settlements were often deductible in whole or substantial part under this standard because such settlements did not fall within the definition of either a fine or a penalty.
Proposed Treasury Regulations Clarify UBTI "Silo" Rule | Alston & Bird - JDSupra
Nearly two years ago, in the wake of the Tax Cuts and Jobs Act, the IRS issued interim guidance on the unrelated business taxable income (UBTI) "silo" rules. Our International Tax Group examines recently released proposed Treasury Regulations that largely follow, and partially expand, that guidance.
Tax-exempt organizations are subject to tax at rates applicable to corporations (or the rates applicable to trusts in certain cases) on UBTI, which is generally computed based on the organization's gross income from unrelated trades or businesses (generally, trades or businesses that are not substantially related to the organization's exempt purposes), net of expenses, losses, and other similar items directly connected to each such trade or business.
Turkey hikes tax on FX transactions to 1% from 0.2% -Official Gazette - Reuters
ISTANBUL, May 24 (Reuters) - Turkey has hiked a tax on the buying of foreign currency to 1% from 0.2% in a move meant to curb fallout for the lira from the coronavirus pandemic, the country’s Official Gazette said.
In the Gazette announcement dated March 23 and effective immediately, the higher Bank Insurance and Transaction Tax (BSMV) would be applied to FX and gold purchases.
A tax of 0.1% was first applied in May of last year and it was later raised to 0.2% as authorities sought to discourage a so-called dollarization trend of Turks buying dollars and other hard currencies.
Primary election 2020: Sandoval County » Albuquerque Journal
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