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American Tax Relief
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Colorado ranks 49th in stimulus aid, tax relief (The Aspen Times) DENVER - The stimulus package President Barack Obama signed with much fanfare in Denver leaves Colorado near the bottom of the deck in terms of federal aid and tax relief. JA: Economic recovery act will benefit jewelers (National Jeweler) New York-- Jewelers of America (JA) says the economic stimulus act contains several measures that will benefit jewelers, including small business provisions that will benefit the industry, and tax relief measures that will help pry open consumer wallets. Central Depository Tax Leader Appointed as President of Acupay System LLC (Marketwire via Yahoo! Finance) Acupay System LLC, operator of an electronic system for expediting foreign tax relief for cross-border investors, today announced the appointment of William J. Salva as President. Obama unveils first budget plan (CNN Money) President Obama on Thursday pulled back the curtain on his first detailed vision of the federal budget, revealing an ambitious plan to reform health care and shift tax burdens while vowing to slash the deficit over the long run. Tax credit could be given for disabled child (Deseret Morning News) A bill that would give Utahns with a disability or who have a dependent child who is disabled a tax credit starting this year was approved Thursday by the House, 66-4. Obama rolls out $3 trillion U.S. budget (KATU Portland) As he did in his speech to Congress on Tuesday night, Obama kept his focus on what he considers to be the right priorities: honest and open budgeting; investments in health, energy and education; and tax relief for middle-income families. Tax credits help fuel interest in alternative energies (Green Bay Press-Gazette) The promise of tax credits and savings could persuade more people to tap into alternative energy sources for their homes, businesses and cars in the coming years. Key Small Business Tax Provisions in the Stimulus (HispanicBusiness.com) The stimulus bill signed into law by President Barack Obama on Feb. 17, formally known as the American Recovery & Reinvestment Act, provides $288 billion in tax relief to individuals and companies. But how much of that will benefit small business owners -- and how? Obama's budget plan seeks repeal of oil and gas industry tax breaks (New York Times) President Obama's budget proposal would repeal several oil industry tax incentives while imposing new taxes on Gulf of Mexico... Cull fact from fiction on tax breaks (Lawrence Journal-World) I hosted an online discussion recently, and one of the participants had purchased a new car on President’s Day, Feb. 16. Had he waited just one day, he would have qualified for a tax break that allows new car buyers to deduct state, local sales and excise taxes on their federal returns.
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