Is an $8K credit worth $250K fine PLUS 3 years in jail?
Don’t “accidentally” claim the first time buyers credit. The IRS doesn’t take lightly to “accidents”. WASHINGTON — The Internal Revenue Service today announced its first successful prosecution related to fraud involving the first-time homebuyer credit and warned taxpayers to beware of this type of scheme. On Thursday July 23, 2009, a Jacksonville, Fla.-tax preparer, James [...]
Oakland, California, passes landmark marijuana tax – CNN.com
So California: <cite>Oakland, California, passes landmark marijuana tax – CNN.com</cite>: “ Decrease font Decrease fontEnlarge font Enlarge fontOAKLAND, California (CNN) — Oakland’s bid to become the first U.S. city to tax proceeds on medical marijuana passed Tuesday by a landslide vote.About 80 percent of people voting in the Oakland election approved the new medical marijuana [...]
Starbucks Returns to Store Expansion
Making plans as the market strengthens <cite>Starbucks Returns to Store Expansion</cite>: “ SEATTLE-After closing hundreds of units in the last year, Starbucks Corp. is ready to expand again in 2010, executives said at the company’s third-quarter conference call.The company now expects to open approximately 55 net new licensed stores in the United States and approximately [...]