According to a recent New York Times article, nearly half of all public corporations in the United States are incorporated in Delaware. Maeve McClenaghan takes a look at the reason why for The Bureau of Investigative Journalism.
Back during the debate on the Clinton health care reform proposal, insurance executives tried to convince lawmakers that they were on the same side of health care reform as consumers were, so they embraced the idea of “community rating” in which insurers charge everyone in a given community the same premium regardless of age, gender or health status. In testimony before a House committee in 1993, the president of Cigna’s health care business assured lawmakers that all the big insurers were on board with a return to community rating.
Just when you thought Wall Street couldn’t sink any lower – an even deeper level of public-be-damned greed and corruption is revealed. Sit down and hold on to your chair.
WASHINGTON, D.C. — The IRS has expanded its “Fresh Start” initiative by offering more flexible terms to its Offer-in-Compromise Program. These newest rules enable some financially distressed taxpayers to clear up their tax problems even quicker.
WASHINGTON, D.C. — During the summer many parents may be planning the time between school years for their children while they work or look for work. The IRS wants to remind taxpayers that are considering their summer agenda to keep in mind a tax credit that can help them offset some day camp expenses.
WASHINGTON, D.C. – The U.S. economy added 80,000 jobs in June according to data released this morning by the federal Bureau of Labor Statistics, but that wasn’t enough to lower the unemployment rate from 8.2 percent. In the second quarter, employment growth averaged 75,000 jobs per month – a sharp decline from the first quarter’s average monthly gain of 226,000 jobs.
STATE — Average retail gasoline prices in New Jersey have not moved in the past week, averaging $3.25 per gallon yesterday. This compares with the national average that has fallen 6.6 cents per gallon in the last week to $3.37 per gallon, according to gasoline price website NewJerseyGasPrices.com.
WASHINGTON, D.C. — The Internal Revenue Service marked the third anniversary of its return preparer initiative earlier this month and urged those paid tax return preparers required to pass a new competency test to take it as soon as possible.