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Tea party tax returns show activism on a budget
Nonprofit groups reporting less than $25,000 a year are allowed to file a short-form, postcard tax return instead of a detailed filing — one indication of a low-budget operation. The median income for all the groups was just $16,700 a year.
money.msn.com/business-news/article.aspx?feed=AP&date=20130517&id=16492300

U.S. Bank Awarded $65 Million of New Markets Tax Credit Allocation Authority
... by permitting individual and corporate investors to receive a tax credit against their federal income tax return in exchange for making equity investments in specialized financial institutions called Community Development Entities (CDEs).
money.msn.com/business-news/article.aspx?feed=BW&Date=20130510&ID=16464286

Are you a tax cheat if you shop online tax-free?
you are supposed to pay those taxes when you file your state tax return, said Neal Osten, director the Washington office of the National Conference of State Legislatures. Only Delaware, Montana, New Hampshire and Oregon have no sales tax.
money.msn.com/business-news/article.aspx?feed=AP&date=20130505&id=16438712

Switzerland close to deal in U.S. tax dispute: finance minister
ZURICH (Reuters) - Switzerland is on the brink of a deal to settle a long-running dispute with U.S. authorities over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax, the finance minister said on Saturday. "We ...
money.msn.com/business-news/article.aspx?feed=OBR&date=20130518&id=16494985

Okla. House gives final approval to income tax cut
The savings on the average Oklahoma tax return would be about $82 at 5 percent, and $143 at 4.85 percent, according to the Oklahoma Tax Commission. Several Republicans argued that allowing Oklahoma taxpayers to keep more of their earnings would ...
money.msn.com/business-news/article.aspx?feed=AP&date=20130502&id=16430707

Cornerstone Progressive Return Fund Announces Continuing Monthly Distributions
The Board of Trustees (the "Board") believes that the Fund's shareholders are well served by regular distributions which increase liquidity and provide flexibility to individual shareholders in managing their investment. Accordingly, it is the ...
money.msn.com/business-news/article.aspx?feed=MW&Date=20130517&ID=16493994

Arrow Dow Jones Global Yield ETF (GYLD) Celebrates First Year by Delivering Competitive Yield With Total Return
OLNEY, MD--(Marketwired - May 16, 2013) - This month Arrow Investment Advisors, LLC, the advisor to ArrowShares and Arrow Funds, is celebrating the one-year anniversary of the exchange traded fund (ETF) which they believe sets the standard for ...
money.msn.com/business-news/article.aspx?feed=MW&date=20130516&id=16488566

Ala. governor wants 2-year delay on tax credits
Hubbard, R-Auburn, and Marsh, R-Anniston, issued brief statements saying they will discuss Bentley's proposal with legislators, who return to Montgomery on Monday for the final meeting day of the 2013 legislative session. Bentley said he had ...
money.msn.com/business-news/article.aspx?feed=AP&date=20130516&id=16488238

Thomas Cook flags return to dividends after refinancing
LONDON (Reuters) - Thomas Cook unveiled a 1.6 billion pound ($2.4 billion) refinancing plan on Thursday designed to cut debt and enable it to resume paying dividends in the latest stage of a turnaround at the world's oldest travel firm.
money.msn.com/business-news/article.aspx?feed=OBR&date=20130516&id=16486513

CA Technologies Updates FY 2014 Outlook Following Favorable Resolution of a U.S. Tax Matter
The benefit will affect non-GAAP income over the course of fiscal year 2014. The Company also expects to receive a cash refund of approximately $70 million to $80 million by the end of the second quarter of fiscal year 2014. The Company ...
money.msn.com/business-news/article.aspx?feed=BW&date=20130509&id=16461546