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July 20, 2010

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Taxation Legal News

Linder To Address Americans For Fair Taxation National Convention In Atlanta

Duluth, Georgia - Congressman John Linder (R-Georgia) will deliver the keynote address at the national convention of Americans For Fair Taxation (AFFT) on Saturday night in Atlanta, encouraging grassroots activists from all over the United States to keep working to build popular support for Linder’s FairTax bill, H.R. 2525.

The convention will also feature addresses by Herman Cain, Chairman of the Tax Leadership Council and founder of Godfather’s Pizza, and Leo Linbeck, President and Chairman of AFFT. In addition, panelists from various organizations allied with AFFT, such as the American Farm Bureau Federation and National Small Business United, will discuss ways to build momentum for the FairTax.

H.R. 2525 would eliminate the IRS and replace all federal income taxes, capital gains taxes, payroll taxes, and death taxes with a single national retail sales tax. Linder has attracted bipartisan support for the bill and has met with several high-ranking officials within the Bush Administration - including Treasury Secretary Paul O’Neill and Presidential Adviser Karl Rove - to advocate the idea.

Congressman Linder will deliver his keynote address on Saturday evening. All media are invited to cover the event

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Did You Know?

Form 8308 is Report of a Sale or Exchange of Certain Partnership Interests
Report the sale or exchange by a partner of all or part of a partnership interest where any money or other property received in exchange for the interest is attributable to unrealized receivables or inventory items.

	Newsroom
	News about Taxation cases in Michigan and nationwide: U.S. Asks Federal Court to Bar Dallas Man from Preparing Tax Returns for Others The United States has sued a Dallas, Texas, man, seeking to bar him from preparing federal income tax returns for others, the Justice Department an... Read more > 2005 Federal Earned Income Tax Credit Earned Income Credit Amounts Increase The maximum amount of income you can earn and still get the credit is higher for 2005 than it is for ... Read more > Disaster Extension Gives Extra Time for Taxes (Ohioans Affected by Recent Hurricanes Get 45 Extra Days) September 30, 2004 – UPDATE: Additional Ohio counties – Athens, Meigs, Gallia, Mahoning, and Vinton – have been designated as fede... Read more > More Taxation News >

Taxation Terms

Today's Terms

Installment Agreements

Definition:
To be eligible for an installment agreement, all returns that are due must first be filed. Installment agreements generally require equal monthly payments. The amount of an installment payment will be based on the amount owed and on the taxpayer’s ability to pay that amount within the time legally available for the IRS to collect.

Standard Mileage Rate

Definition:
For 2004, the standard mileage rate for the cost of operating your car, van, pickup, or panel truck is increased to 37.5 cents a mile for all business miles.

Electric and Clean-Fuel Vehicles

Definition:
For vehicles placed in service in 2004, the maximum clean-fuel vehicle deduction and qualified electric vehicle credit are scheduled to be reduced by 25%, as compared to 2003.

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Taxation Hot Topics

Topics Related to Taxation Law:

Income Tax Cases
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Michigan Taxation Attorney

If you live in the following cities and need an taxation attorney you should contact our Taxation Attorney as soon as possible:

Adrian
Ann Arbor
Battle Creek
Bay City
Belleville
Canton
Clinton Township
Dearborn
Dearborn Heights
Detroit
East Lansing
Flint
Grand Blanc
Grand Rapids
Hamtramck
Highland Park
Holland
Howell
Jackson
Lansing
Lincoln Park

Livonia
Macomb
Mount Pleasant
Muskegon
Niles
Northville
Plymouth
Port Huron
Redford
Rochester
Roseville
Saginaw
Sterling Heights
Taylor
Traverse City
Trenton
Troy
Warren
Westland
Wyandotte
Ypsilanti

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