Further do the activists for illegals have any concern about states across the country are going broke but still they want America to provide free college educations to illegals even though we do not have the money to do it ? Would activists for illegals be willing to sponsor a student with their own money and guarantee the college payment for illegals to attend a major college or do they prefer that the taxpayers pay for all of this ?…….This year, more Americans and businesses may be asking: Where’s my tax refund?
That’s because cash-strapped states such as North Carolina, Alabama and Hawaii have been forced to slow down issuing income tax refunds to individuals and businesses because of a lack of funds in their budget.
Kansas has hinted that a delay might be possible, and processing paper refunds in Iowa has slowed because the state doesn’t haven’t enough employees to get them processed faster.
Another state, New York, is still considering whether they’ll follow the likes of Hawaii and delay refund payments.
“States typically do this when they are tight and they don’t have a budget in place,” said Karla Dennis, CEO of Cohesive, a nationwide tax preparation firm. Things are dire at many states: forty-one states are expected to have mid-year budget gaps totaling $37.7 billion, according to the Center on Budget and Policy Priorities.
Delaying the refund, Dennis says, “gives the state funds to work with in the interim to fill a gap in their revenues.”
Hawaii’s Department of Taxation announced last month that it will delay income tax refunds until July 1, when processing and payments will resume on a “first-in-first-out basis,” according to a news release. The state is delaying the funds to alleviate a $721 million revenue shortfall for the fiscal year ending June 30, 2010.
Under Hawaiian law, processing refunds must be done 90 days after the April 20 due day (or later if a return is filed after the due date).
After that, the actual payment must be made within 45 days or interest has to be paid on the refund. Most states have similar laws about when interest kicks in, but they differ from state to state, said Scott Clark a tax attorney and partner at Sonnenschein Nath & Rosenthal.
Date : March 10th, 2010Category : UncategorizedAuthor : Editor3 Comments
We are in the process of finding a tax attorney but we thought we would try here first. My wife’s mother is moving to the united states and will be a permanent resident (as soon as my wife becomes a US Citizen). How does she get the money from the sale of her home (in bolivares) to US dollars in the United States legally but with minimal tax liability? We estimate the value to be roughly $400k USD based on official exchange rates.
Date : March 8th, 2010Category : UncategorizedAuthor : Editor4 Comments
As i understand it federal income tax was only a temp.tax for W.W.1 and was to stop after the war,and congress never passed a law for it to keep going on.Is there a law on the books that says I must pay fed. tax?
Date : March 3rd, 2010Category : UncategorizedAuthor : EditorNo comments
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Date : March 2nd, 2010Category : UncategorizedAuthor : Editor3 Comments
I won a judgement against a local contractor in court on Monday. The State’s Attorney office has been looking into this matter. I did give them copies of all checks written to Daren and now they want bank statements. Why do they need this unless information? I heard they only go after cases they think they can win! Well they can win this one!
Date : February 27th, 2010Category : UncategorizedAuthor : EditorNo comments
Product Description This volume is produced from digital images created through the University of Michigan University Library’s large-scale digitization efforts. The Library seeks to preserve the intellectual content of items in a manner that facilitates and promotes a variety of uses. The digital reformatting process results in an electronic version of the original text that can be both accessed online and used to create new print copies. The Library also understands and values the usefulness of print and makes reprints available to the public whenever possible. This book and hundreds of thousands of others can be found in the HathiTrust, an archive of the digitized collections of many great research libraries. For access to the … More >>
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Financing of Presidential …