Thursday, October 15, 2020

Taxes are due today for Americans who received a filing extension | Fox Business

The IRS stopped processing paper returns at the end of March to comply with coronavirus-related social distancing and stay-at-home guidelines; Rich Edson reports.

For Americans who requested a  tax deadline extension earlier this year, Thursday marks the final day to file 2019 income returns without a financial penalty .

* * *

Taxpayers who previously filed for an extension must submit their 2019 federal tax return by Oct. 15.

Publisher: Fox Business
Date: 2020-10-15
Twitter: @FoxBusiness
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Quite a lot has been going on:

Biden's Tax Plan: Will Your Taxes Be Going Up?

Profits tell investors who's doing well and who isn't, what products and services people desire and which they don't.

Publisher: Forbes
Date: 2020-10-15
Author: Steve Forbes
Twitter: @forbes
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State Senate hopefuls debate taxes, sex ed | Sequim Gazette

Candidates for a four-year 24th Legislative District state Senate seat clashed over wildfires and sex education in a recent Port Angeles Nor’Wester Rotary Club voters forum.

Democrat Kevin Van De Wege of Sequim, the incumbent, and Republican challenger Connie Beauvais of Joyce also disagreed on 2019 tax increases at the virtual event Friday, Oct. 9.

Ballots for the election, mailed today to voters, are due in drop boxes or at county auditors’ offices by 8 p.m. Nov. 3, the date by which they must be postmarked, if mailed, to be valid.

Publisher: Sequim Gazette
Date: 2020-10-15T10:30:00-07:00
Twitter: @SequimGazette
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Hutchins Roundup: Stock market, corporate taxes, and more
Publisher: Brookings
Date: 2020-10-15T15:00:08 00:00
Author: Sophia Campbell Lorena Hernandez Barcena and Louise Sheiner
Twitter: @BrookingsInst
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This may worth something:

Texas billionaire Bob Brockman charged with biggest tax evasion case in US history

SAN FRANCISCO — Robert Brockman, the Houston billionaire and CEO of a software company, has been charged with taking $2 billion through a scheme to evade taxes, hide assets, and launder money, in what federal prosecutors say is the biggest case of its kind.

Brockman, 79, was charged in a 39-count indictment that includes charges of money laundering, conspiracy, wire fraud, and tax evasion. The 42-page indictment, unsealed Thursday morning, alleges that in the late 1990s, Brockman formed companies on the British Virgin Islands and later used them to conceal assets from the IRS.

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Publisher: The Mercury News
Date: 2020-10-15T17:16:18 00:00
Twitter: @mercnews
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Washington Supreme Court strikes down I-976 to cut car-tab taxes | The Seattle Times

The Washington Supreme Court on Thursday struck down Initiative 976 to reduce car-tab taxes, nearly a year after statewide voters approved the tax-cutting measure.

The initiative's ballot title was "deceptive and misleading" by promising to lower car-tab taxes "except voter-approved charges" while also rolling back taxes voters had previously approved, the court found.

Publisher: The Seattle Times
Date: 2020-10-15 08:53:33
Twitter: @seattletimes
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Figures of the week: Taxation in Africa over the last century
Publisher: Brookings
Date: 2020-10-15T11:45:18 00:00
Author: Payce Madden
Twitter: @BrookingsInst
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Candler Co. tax offices moving

CANDLER COUNTY, Ga. (WTOC) - If you pay taxes in Candler County, you'll do it somewhere new starting next week.

Folks in Candler County who are used to buying their car tag and paying property taxes in the historic but crowded courthouse are in for an adjustment starting next week.

The Tax Assessor and Tax Commissioner's offices will move to the county's building on Daniel Street. The county remodeled and added teller lines for customers.

Publisher: https://www.wtoc.com
Date: 2020-10-15T21:24:34.895Z
Author: Dal Cannady
Twitter: @WTOC11
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