Archive for March, 2009

AIG Directors Sued to Force Immediate Return of Total Bonuses

Defendants Include Richard Holbrooke and Martin Feldstein of Obama Administration Class Action Suit Prays for All Damages As Well to Shareholders and Company Freedom Watch announced the filing of a class action lawsuit by shareholders of AIG to force the directors of the company to themselves pay back the millions in illicit bonuses, dividends and [...]

Economic Downturn Provides Tax Relief for Many Filers This Year

Texas CPAs Offer Tips for Tax Filers Affected by the Economy The 2008 tax filing deadline is only three weeks away and the Texas Society of CPAs (TSCPA) wants to remind you of some handy tax tips, especially if you’ve been affected financially by the economy. For those negatively impacted by the economy, the Internal [...]

New Withholding Tables May Produce Questions From Employees

Employees May Need to Revise their W-4s, According to Tax Expert from Thomson Reuters Employers will soon be (or have already commenced) using the tables in IRS Publication 15-T (New Wage Withholding and Advanced Earned Income Credit Payment Tables for wages paid through December 2009). The new tables reflect the Making Work Pay Credit (MWPC) [...]

Average household council tax rise the lowest ever

The average rise in council tax per household next year will be the lowest ever, Local Government Minister John Healey announced. Figures published today show that the average Band D council tax increase will be three per cent. The average household council tax bill is almost £240 lower than the average Band D amount, and [...]