December 7, 2012 |
Terence K. Heaney, 71, of Gulph Mills, a lawyer and certified public accountant, died of complications from esophageal cancer Sunday, Dec. 2, at Neighborhood Hospice in West Chester. Mr. Heaney was a partner with the law firm of Heaney, Kilcoyne, Bleczinski & Kelm in King of Prussia. As an authority on tax law, he lectured at conferences and universities and participated in tax seminars around the country. He was also a guest on the subject of taxes on TV and radio programs and was often interviewed by Inquirer reporters.
November 9, 2012 |
Though he was sacked an astounding 29 times in 10 games as the 1976 Eagles starting quarterback, there were other reasons Mike Boryla never felt entirely comfortable in pro football. The sport's one-dimensional demands confined the curious Stanford graduate, whose restless mind and varied interests were, then as now, football anomalies. "I never really considered myself a football player," Boryla said earlier this week from his Colorado home. "I considered myself a student, an intellectual.
September 22, 2012 |
A U.S. Senate committee memo said Microsoft Corp. used aggressive international tax maneuvers to avoid paying billions of dollars in taxes over the last three years. The committee memo, released for a hearing Thursday in Washington, said Microsoft used transactions with subsidiaries in Puerto Rico, Ireland, Singapore, and Bermuda to save at least $6.5 billion in taxes. The committee also disclosed that Hewlett-Packard Co. used a series of short-term internal loans that allowed the company to tap its offshore cash for domestic operations without paying taxes, according to the memo.
August 16, 2012
Voting against now the priority I no longer need look at President Obama's record. My difficulties with his softness, his failure to carry out some of his campaign promises, and his poor foreign policy have all faded away. The Republicans have inspired me to work hard against them ("The Ryan platform: Bold, but risky," Wednesday). With Paul Ryan and his philosophy on the Republican ticket, voting against is now more the determiner than voting for. Harold Rosenthal, Philadelphia Does VP choice make a difference?
March 26, 2012 |
WASHINGTON - The Supreme Court's ruling on the constitutionality of President Obama's health-care overhaul is likely to shake the presidential race in early summer. But the winners in court won't necessarily be the winners in the political arena. No doubt, a decision to throw out the entire law would be a defeat for Obama. His judgment and leadership, even his reputation as a former constitutional-law professor, would be called into question. But it would not spell certain doom for his reelection.
March 12, 2012 |
NEW YORK - A few weeks ago, President Obama released a proposal to lower the federal corporate tax rate - a move that on its face would seem to be good news for small businesses. But the president's pitch isn't getting rave reviews. Advocates for small business say the plan would benefit a relatively low number of small companies and leave many business owners with higher tax bills. The proposal, released Feb. 22, calls for the top corporate tax rate to fall from its current 35 percent to 28 percent.
January 16, 2012 |
YOU MIGHT expect a lawyer who specialized in such subjects as business, real estate and tax law, estate planning and the like to be a pretty straight-laced guy. Not Bill Copperthwaite. He had that kind of dry sense of humor that sneaks up on you. "You'd be out to dinner three hours later and you'd remember something he said and start laughing," said his son, Bill III. "You'd say, 'That was really funny.' " William H. Copperthwaite Jr., a hardworking lawyer who put in long hours on the job and who had such a phenomenal memory that he knew everybody's birthday, graduation dates and anniversaries, died of a heart attack Tuesday.
December 20, 2011 |
Payroll processors watched Congress' debate over extending a payroll-tax cut with frustration, and they were warning companies about the difficulty of implementing a temporary provision passed by the Senate. Payroll companies can react quickly to a yearlong extension for the first paycheck of 2012 or adjust the second paycheck to correct problems, said Pete Isberg, president of the National Payroll Reporting Consortium, an industry group. Payroll providers still do not like a second consecutive year of December tax-law changes or the Senate-backed two-month extension of the tax cut that could create unprecedented complications.
October 25, 2011 |
IT'S BEEN A long time coming, but a City Council committee yesterday approved two measures that would drastically alter the city's business-tax structure, and Mayor Nutter is on board. Council's Committee on Finance approved a bill introduced by Council members Bill Green and Maria Quinones-Sanchez that would exempt the first $100,000 in business receipts from both gross-receipts and the net-income portions of the tax for all businesses, protecting smaller city-based businesses and startups.