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Taxation

A collection of news and information related to Taxation published by this site and its partners.

Top Taxation Articles

Displaying items 23-33
  • A threatening call from the IRS? It's probably a scam

    A threatening call from the IRS? It's probably a scam
    If the IRS is calling and demanding you pay up or else, it's probably not the IRS. In what officials in Washington are calling the "largest of its kind," a sophisticated phone scam has swindled 20,000 people nationally out of a combined $1 million....
  • In 'largest scam of its kind,' 20,000 taxpayers bilked of $1 million

    In 'largest scam of its kind,' 20,000 taxpayers bilked of $1 million
    An Internal Revenue Service watchdog is warning taxpayers of a scam that so far has swindled 20,000 people out of a combined $1 million, officials said Thursday. The Treasury inspector general for Taxpayer Administration said sophisticated scammers...
  • Report: California film tax credit a good investment

    Report: California film tax credit a good investment
    A new report from the nation's largest metropolitan planning organization says California's film and television tax credit program is a good investment, but needs to be extended and restructured to keep the entertainment industry from fleeing the state....
  • Local firms that rely on film industry fight to keep jobs here

    Local firms that rely on film industry fight to keep jobs here
    In 1958, Ed Michelson started a motion picture catering company — Michelson Food Services — and made food for the cast and crew on such classic films as "West Side Story" and "Some Like it Hot." Michelson was one of the first to operate a...
  • Rewriting the rules for 501(c)(4)s

    Rewriting the rules for 501(c)(4)s
    Last November, the Internal Revenue Service asked for public comments on proposed rules to rein in political activity by tax-exempt "social welfare" groups that don't disclose their donors. The agency has gotten an earful of negative reaction, not only...
  • How should couple with age gap tap Social Security spousal benefits?

    Dear Liz: I am 55 and my wife is 65. She only worked a few part-time jobs as she spent most of her working years raising our nine beautiful children. My question is, since she does not have enough credits to collect Social Security on her own work record,...
  • Industry groups rally for film and TV tax-credit legislation

    Industry groups rally for film and TV tax-credit legislation
    A coalition of entertainment industry groups, politicians and community members rallied Saturday to support legislation that would extend and expand California’s film and TV tax credit, which is due to expire in 2017. Hundreds of people gathered...
  • Ukraine loans stalled in Congress for reasons unrelated to aid

    Ukraine loans stalled in Congress for reasons unrelated to aid
    WASHINGTON - Even areas of agreement in Congress get snarled in political gamesmanship. That's what's happening to a $1-billion Ukraine loan package that has widespread support, but is stalled by a partisan fight over other issues, including the...
  • A philanthropic revolution

    A philanthropic revolution
    You've probably never heard of donor-advised funds, but they are taking over the philanthropic world. It all started as a matter of economics. A million dollars to most of us is a lot of money. But as start-up cash for a philanthropic foundation it's...
  • Anza-Borrego Desert is fertile ground for filming

    Anza-Borrego Desert is fertile ground for filming
    When the producers of “Last Days in the Desert” needed an environment for their biblical allegory, they knew just where to travel. They headed 31/2 hours southeast of Los Angeles to one of the largest state parks in the country. Spanning 600,...
  • Worker is secretly reclassified as a contractor

    Dear Liz: I just received my tax forms from my employer for last year. I was originally a W-2 employee, paid hourly, as a receptionist. But it seems that at some point during the year, my employer changed me to a 1099 employee without telling me or having...