Taxes

 California corruption trial – Fate of 6 former city leaders in hands of jury

February 24, 2013 

California corruption trial – Fate of 6 former city leaders in hands of jury

Feb. 23 — Before jurors left the courtroom to deliberate, the prosecutor took a final shot at the six former City Council members accused of corruption. “The one-percenters of Bell,” he called them, a band of small-town politicians who had “apparently forgotten who they are and where they live.” After four weeks of testimony, a...…

 Virginia state senate approves Medicaid changes to budget

February 24, 2013 

Virginia state senate approves Medicaid changes to budget

The Virginia State Senate voted 31-8 on Friday to approve amendments to the state’s two-year budget, including language to allow Medicaid expansion pending reforms in the state’s program. Twelve senators lodged a protest against the Medicaid language after Lt. Gov. Bill Bolling ruled that it could not be separated from the budget for a separate...…

 Payroll tax hike hurting casino revenue

February 24, 2013 

Payroll tax hike hurting casino revenue

Declining take-home pay, gambling machines in Illinois bars and financial uncertainty at the federal level were among the factors to hurt business at the Wild Rose Casino and Resort last month, according to general manager Tim Bollmann.

 Restaurant group owes IRS $2.2 Million

February 24, 2013 

Restaurant group owes IRS $2.2 Million

A Lancaster, Pennsylvania restaurant company is facing mounting tax bills, which have grown to more than $2 million. The Keares Restaurant Group now has $2.2 million in federal tax liens for unpaid taxes, penalties and interest on several businesses, some that have been closed for more than 10 years. The recently filed liens include: $932,680...…