Newspaper Articles – Steve Stanek

Detroit Offers Creditors Pennies on the Dollar

Less than one month after Detroit emergency manager Kevyn Orr issued a report declaring the city’s finances to be in worse shape than nearly anyone suspected when he assumed the job in March, Detro

Around Much of the World, U.S. Is Considered a Tax Haven

Some international tax experts note a big irony in a U.S. Senate subcommittee recently taking Apple Inc. to task for allegedly using “offshore tax havens” to avoid paying U.S.

Retailers, Credit Card Companies Sue Each Other Over Swipe Fee Settlement

Seventeen major retailers have filed a federal lawsuit over a $7.2 billion settlement regarding “swipe fees” to process credit card transactions – and card companies Visa and MasterCard have in tur

IRS Scandal Brings Calls for Heads to Roll, Obamacare to be Delayed

The scandal involving the Internal Revenue Service that exploded into the headlines in mid-May is still being investigated, but the implications already appear wide, perhaps even to the point of de

Detroit Emergency Manager Calls for 'Complete Restructuring' of City Operations

The emergency financial manager for Detroit has issued a report that says the city's finances are in worse shape than nearly anyone suspected before Michigan Gov.

Wisconsin Governor Says to Cut Income Tax if Internet Sales Tax Passes

Wisconsin Governor Scott Walker (R) says the state should use additional revenue it might receive from Internet sales taxes to cut the state’s income tax.

California Supreme Court Orders Long Beach to Return Telephone Taxes

The California Supreme Court has given a victory to taxpayers in its unanimous ruling that the City of Long Beach must recognize class claims to refund illegally collected telephone taxes.

Michigan Governor Backs Auto Insurance Reform

Michigan Gov. Rick Snyder (R) has announced he plans to seek legislation to end the state’s unique requirement that all auto insurance policies provide unlimited lifetime medical benefits.