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Capital Gains Tax Laws
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In the Money: Tax law changes for 2008 and beyond (maybe) (Portsmouth Herald) It's time to start thinking about filing your 2008 income tax returns. The IRS has implemented a number of changes to income tax regulations that might affect your 2008 return, some of which have the potential to reduce the amount you owe or increase the... UPDATE: Asian Shares In Mild Gains; Machinery Data Aid Nikkei (The Forex Market) SINGAPORE (Dow Jones)--Asian share markets were mostly higher Monday with Japanese exporters helped by hopes for the quick passage of a U.S. economic stimulus package, and by a smaller-than-expected decline in December machinery orders, a gauge of capital spending plans. Ticketmaster Canada sued for allegedly scalping tickets (National Post) Ticketmaster Entertainment Inc., the biggest ticketing company in the world, was sued in Canada for selling popular tickets at inflated prices, in violation of provincial laws. AXIS Capital Reports Fourth Quarter Net Income of $131 Million and Full Year Net Income of $351 Million (Business Wire via Yahoo! Finance) PEMBROKE, Bermuda----AXIS Capital Holdings Limited today reported net income for the fourth quarter of 2008 of $131 million, or $0.88 per diluted common share, compared with net income of $306 million, or $1.89 per diluted common share, for the corresponding period in 2007. Tax hot line open Feb. 14 (The Journal News) Changes in rules governing the earned income tax credit, capital gains exclusions for house sales and the 'kiddie tax' may bedevil taxpayers this spring, but take heart. BCE reports 2008 fourth quarter results and announces 2009 business outlook (PR Newswire via Yahoo! Finance) looking statements. For a description M.D.C. Holdings Announces Fourth Quarter and Full Year 2008 Results (PR Newswire via Yahoo! Finance) M.D.C. Holdings, Inc. today announced a net loss for the quarter ended December 31, 2008 of $89.0 million, or $1.92 per diluted share, which included pre-tax charges of $59.7 million for asset impairments and a $19.2 million increase in our deferred tax asset valuation allowance. Kerry Wilke: Common cents tax reform (Summit Daily News) Trash the entire tax system as we know it and replace it with this pledge: "For every dollar I spend, I will contribute an additional penny to support my country." Allegheny Energy Reports Financial Results for Fourth Quarter, Full Year 2008 (Business Wire via Yahoo! Finance) GREENSBURG, Pa.----Allegheny Energy, Inc. today reported financial results for the three months and twelve months ended December 31, 2008. $ millions Per share Three Months Ended December 31 2008 2007 2008 2007 Consolidated net income-GAAP $ 16.2 $ 110.4 $ 0.10 $ 0.65 Adjusted net income 87.1 78.6 0.51 0.46 Twelve Months Ended December 31 Consolidated net income-GAAP $ 395.4 $ 412.2 $ 2.33 $ ... CAE posts third quarter results for fiscal year 2009 (Marketwire via Yahoo! Finance) - Revenue increased 23% year over year to $424.6 million
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