This week in tax news:
Subject to Social Security Tax – The Wall Street Journal
In this Q&A, Tom Herman answers questions about the
maximum amounts of the different taxes on wages this year.
Drivers May Save on Gas But New Tax Gotcha - USA Today
Virginia lowered the gas tax for everyone, but gave hybrid
and electric car owners a yearly fee to help make up for what those drivers
aren’t paying at the pump.
Hill Confirms Sony Deal, Calls Reports ‘Inaccurate’ – Billboard.com
Lauryn Hill took to her Tumblr page to comment on recent
media reports that she’d inked a new deal with Sony Music in order to help her
avoid prison time for three years' worth of missed tax returns. She wrote that
she will be launching a new label through Sony to release her new music but
called media reports on the nature of the deal and its dollar amount “inaccurate.”
2013 could be the Lucky Number for Businesses Looking to Save on Taxes –
If your April 15th tax bill left you feeling snake bit and
broke this year, your luck may be changing thanks to recent IRS-mandated
increases to both 401(k) contribution and tax-deferral limits that are designed
to help reduce 2013 taxes.
prices are up: good news or bad? – fivecentnickel.com
Get Rich Slowly’s William
Cowie sheds light on the issue of
house values going up.