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Tag Archives: tax

Latest federal Internet gambling bill proposes tax

iStock image used with permission.

LAS VEGAS — If Congress makes no progress on a national framework for online gambling this session, it won’t be for a lack of legislation. Two lawmakers introduced bills over the summer that would legalize some form of Internet gambling ...

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$1M tax error costs Suffolk revenue

HAUPPAUGE — Long Island officials say a mammoth error in a single state tax return is costing Suffolk County $5 million in sales tax revenue. County budget officials said the taxpayer listed that $10 million ...

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Tax: Robinson Knife Manufacturing Co. v. Commissioner of Internal Revenue

U.S. Court of Appeals for the Second Circuit Tax Royalty Payments — Time of Deduction Robinson Knife Manufacturing Co. v. Commissioner of Internal Revenue 09-1496-ag Appealed from the U.S. Tax Court Background: Petitioner-Appellant Robinson Knife Manufacturing Co. sells kitchen tools ...

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