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Tax Break for Home Short Sellers at Risk
2015-12-14 15:38:00| Real Estate - Topix.net
Last-minute negotiations in Washington have left real-estate agents and sellers nervous about the possibility that distressed homeowners could receive an unwelcome tax hit. Congress has yet to reach an agreement to extend a tax break that forgives taxes on owners who sell their home for less the remaining mortgage balance in what is known as a short sale.
Switch data center tax break bills clear committee, head to Michigan House
2015-12-02 22:05:58| Furniture - Topix.net
The Michigan House Tax Policy committee on Wednesday advanced legislation that would provide large tax breaks to cloud-computing data center companies, including a Nevada-based firm that plans to open a Grand Rapids campus if the package is signed into law. Three House bills, approved in a series of 8-5 votes that blurred party lines, would exempt data centers from state sales, use and personal property taxes.
Illinois tax break deals yield uncertain results for state
2015-10-03 12:03:32| Food - Topix.net
" A newspaper analysis shows that companies who receive tax breaks through Illinois' primary job-creation program often don't add jobs and sometimes even lay off workers. The Chicago Tribune analyzed 783 deals the state has made through the Economic Development for a Growing Economy program and found that two-thirds of the companies that completed agreements didn't maintain agreed-upon job levels.
Letter: Tax break for Larry H. Miller, but Tesla can't open?
2015-09-20 00:46:05| Auto Dealers - Topix.net
How ironic that down Draper way the City Council has approved a plan to use tax dollars to entice two Larry H. Miller dealerships to set up shop there .
Effort fails to block PG&E's $115 million tax break on San Bruno gas explosion fine
2015-09-05 13:49:19| Energy - Topix.net
An effort to block Pacific Gas and Electric Co. from getting a tax break on the $1.6 billion it was fined for the deadly 2010 San Bruno gas explosion has fallen short.
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