Congress’s Marketplace Fairness delay hurting Virginia’s economy

Friday, December 16, 2016

Congress's Marketplace Fairness delay hurting Virginia's economy

Governor Terry McAuliffe in addressing the Commonwealth’s budge shortfall is recommending certain policy adjustments that will add $35.7 million in general fund revenues for 2017 and $102.9 million in general fund revenues in 2018.  Examples of these adjustments include the following: First, he is proposing a tax amnesty program. “Since 1990, three amnesty programs have […]

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Unemployment Insurance tax for employers declines for 2017

Friday, December 16, 2016

The Virginia Employment Commission (VEC) announced that the average Unemployment Insurance tax for employers is expected to decline $22 per employee or about $83 million in 2017.  $11.5 million will be reduced from the pool tax and the remainder will come from base tax rates for employers. Effective 2017, Virginia’s unemployment tax rates for experienced […]

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Second man sentenced in employment tax scheme

Monday, July 11, 2016

ROANOKE, VIRGINIA – United States Attorney John P. Fishwick Jr. announced today the sentencing of a second man involved in a conspiracy that defrauded the United States out of a half million dollars of employment taxes over a five year time period. Today in District Court, Markera Galustyants, of Miami, Florida, who previously pled guilty […]

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Bedford residents sentenced to prison for tax fraud scheme

Tuesday, May 31, 2016

WASHINGTON – Two Bedford, Virginia, residents were sentenced to prison today for criminal offenses arising out of a four-year scheme to defraud the Internal Revenue Service (IRS) and the Social Security Administration, announced Acting Assistant Attorney General Caroline D. Ciraolo and U.S. Attorney John P. Fishwick Jr. of the Western District of Virginia.  Edgar Foxx, […]

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Tommy Witt sentenced to 30 months for filing false tax returns to IRS

Thursday, April 21, 2016

ABINGDON, VIRGINIA – A Jonesville man who worked with his brother, and several others, to submit claims for more than $400,000 of fraudulent tax returns, was sentenced today in the United States District Court for the Western District of Virginia in Abingdon, United States Attorney John P. Fishwick Jr. announced today. Tommy Witt, 57, of Jonesville, […]

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Virginia fiscal year-to-date revenue collections rose 2.7 percent, slightly behind the annual forecast

Wednesday, April 13, 2016

RICHMOND – Governor McAuliffe announced today that general fund revenue increased 7.5 percent in March as payroll withholding and sales tax collections increased.  On a fiscal year-to-date basis, total revenue collections rose 2.7 percent, behind the annual forecast of the 3.2 percent growth. “As we enter the fourth quarter of the fiscal year, we believe […]

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U.S. Senator Mark Warner meets with entrepreneurs to help spur innovation

Wednesday, August 19, 2015

U.S. Senator Mark Warner meets with entrepreneurs to help spur innovation

Virginia U.S. Senator Mark Warner defined himself as a failed entrepreneur, at first that is. He himself had student debt like many of the 20 entrepreneurs that came to the Grandin CoLab to share their experiences with the Senator. Eventually Warner hit it big with a telecommunications-related venture. He founded the firm Columbia Capital.  Warner […]

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Roanoke councilman rolls over to go along with tax increases

Monday, May 11, 2015

Roanoke councilman rolls over to go along with tax increases

In a 6-1 vote today Roanoke City Council increased the city’s real estate tax from $1.19 per $100 of assessed value to $1.22. Only Mayor David Bowers voted against it. The vehicle license tax increases from $20 annually to $28 annually. City Council voted to increase their pay by 10%. That decision was made in […]

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City Council’s 10% pay increase to be adopted Monday

Thursday, May 7, 2015

City Council's 10% pay increase to be adopted Monday

The mayor’s pay currently stands at $20,000, the Vice Mayor receives $15,688 and council members receive $15,560. A ten percent (10%) increase will take affect July 1, 2015. The increases result in a salary of $22,000 for the Mayor, $18,216 for the Vice Mayor and $17,116 for each council member. The 10% increase was argued […]

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The corrected explanation on real estate tax calculation for low income seniors

Tuesday, May 5, 2015

The corrected explanation on real estate tax calculation for low income seniors

CORRECTION to Roanoke City real estate tax once off the table increases by three cents: The real estate tax calculation for low income seniors and the disabled per the City Attorney Dan Callaghan: The fixed amount a low income senior or A disable person whose real estate tax rate was approved to be frozen will never […]

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Roanoke City real estate tax once off the table increases by three cents

Monday, May 4, 2015

Roanoke City real estate tax once off the table increases by three cents

The city dumps the garbage fee of $7 monthly or $84 annually because it hurt low income homeowners harder than high income homeowners. The $1.22 Roanoke City real estate tax rate that will take effect July 1 exceeds the $1.21 rate that prevailed until then Mayor Nelson Harris and city council reduced the rate in […]

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Vice Mayor Dave Trinkle’s perceived conflict of interest addressed

Thursday, April 23, 2015

Vice Mayor Dave Trinkle's perceived conflict of interest addressed

Tonight at Roanoke’s public hearing on the city’s budget and “revenue enhancements” Dr. Dave Trinkle read a statement prepared by the City Attorney, Dan Callaghan. In an email inquiry as to a possible conflict of interest with his ownership in two restaurants Callaghan said, “I will be discussing this matter with Dr. Trinkle today.” That […]

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