abacus accounting and tax services group inc.

117-05 9th ave
college point, new york 11356

NYS Entity Status
ACTIVE

NYS Filing Date
MAY 02, 2014

NYS DOS ID#
4571589

County
NEW YORK

Jurisdiction
NEW YORK

Registered Agent
NONE

NYS Entity Type
DOMESTIC BUSINESS CORPORATION

Name History
2014 - ABACUS ACCOUNTING AND TAX SERVICES GROUP INC.









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  • AROUND THE WEB

  • French court annuls Google's $1.27 billion back tax bill
    By PHILIPPE SOTTO, Associated Press - Wednesday Jul 12, 2017

    The French tax administration had argued that Google was required to pay taxes in France for 2005-2010 because the American company and its Irish subsidiary sold a service for inserting online ads to clients in France through its Google search engine.During a hearing in the tax case last month, an independent magistrate proposed that the most fitting solution for the dispute was wiping out, but pointed to the "shortcomings of the current legal basis."Wednesday's ruling comes amid mounting criticism that the tech firms and other major U.S. companies have scrimped on their tax bills through a variety of accounting maneuvers that have rankled governments around the world.

    Source: SFGATE.com: Tech News
  • How Uber May Have Improperly Taxed Its Drivers
    By NOAM SCHEIBER - Wednesday Jul 5, 2017

    Drivers’ trip receipts contain signs that the ride-hailing service deducted hundreds of millions of dollars from drivers’ earnings in New York to pay state taxes.

    Source: NYT > Home Page
  • French court annuls Google’s $1.27 billion back tax bill
    By Philippe Sotto - Wednesday Jul 12, 2017

    PARIS — A French court annulled a $1.27 billion tax adjustment imposed on Google by France’s tax authorities, saying Wednesday that the way the Mountain View firm operates in France allows it to be exempt from most taxes.The French tax administration had argued that Google was required to pay taxes in France for 2005-10 because the company and its Irish subsidiary sold a service for inserting online ads to clients in France through its search engine.The court added that Google France doesn’t have the human resources or the technical means to allow it to carry out the contentious advertising services on its own.In their ruling, the judges noted that the ads ordered by French clients could not be put online by the employees of Google France themselves because any ad orders ultimately needed approval from Google Ireland Limited.Wednesday’s ruling comes amid mounting criticism that the tech firms and other major U.S. companies have scrimped on their tax bills through a variety of accounting maneuvers that have rankled governments around the world.

    Source: SFGATE.com: Business and Technology News
  • Illinois has bills to pay after 2 years without budget plan
    By JOHN O'CONNOR, AP Political Writer - Sunday Jul 9, 2017

    The Democratic-controlled Legislature's vote last week to create a $36 billion framework over Republican Gov. Bruce Rauner's vetoes ended the nation's longest fiscal stalemate since at least the Great Depression.The tax increase also does nothing to directly address the haunting, $130 billion shortfall in pension obligations to retired and current state workers.If added income tax revenue isn't sufficient, the law allows for borrowing or otherwise taking $1.5 billion from money accumulated in state funds created for other purposes.Mendoza said in a YouTube video that she would begin by paying bills that draw matching dollars from the federal government, such as those covered by the Medicaid health care program.In the budget year that ended last month, Illinois collected $17.8 billion in personal and corporate income taxes, an increase of just 1 percent from the previous year, according to the Legislature's bipartisan Commission on Government Forecasting and Accountability .The legislation also provides some relief for nonprofits that have provided services without payment and college students who have had to make do this past school year without access to the state's needs-based Monetary Award Program.

    Source: SFGATE.com: Top News Stories
  • Fosina Marketing Group Expands Email, Other Services
    Friday Jul 28, 2017

    Fosina Marketing Group has added new email services to serve consumers through all points in the purchase funnel.

    Source: Media Post: Email Marketing Daily
  • School choice program raises questions about accountability
    By SALLY HO, Associated Press - Friday Aug 11, 2017

    LAS VEGAS (AP) — More than a third of U.S. states have created school voucher programs that bypass thorny constitutional and political issues by turning them over to nonprofits that rely primarily on businesses to fund them.Unlike traditional school vouchers, which are directly funded by the states or in the case of Washington, D.C., the federal government, these programs don't use any public money.Depending on who you ask, the programs are either another avenue for school choice drawing on the generosity of taxpayers, or a workaround to existing bans on giving public money to religious organizations — in this case schools — with a set-up that's ripe for abuse.Nevada lawmakers secured a $20 million boost for the scholarships this year, after Republicans suffered a crushing blow when they couldn't get money for their embattled Education Savings Accounts, a different type of school choice program.Assemblyman Paul Anderson, a Republican, said government transparency laws do not and should not apply to the tax-credit scholarships because the tax component is confidential by nature, and the private sector is handling the rest.The Institute on Taxation and Economic Policy say loopholes in the tax code would allow contributors to both eliminate their state tax bill and also get a charitable deduction off their federal taxes, and in some cases, also their state taxes.Carl Davis, the Washington-based think tank's research director, likened the system to a money-laundering tax scheme because the contributions are officially considered donations — even if the scholarship money goes to for-profit schools.EdChoice, a leading school choice advocacy group, defends the tax-credit program, saying it's accountable to parents who can choose to take their kids elsewhere if they don't like a school, even if there are, like in all government programs, some cases of abuse.

    Source: SFGATE.com: Top News Stories
abacus accounting and tax services group inc college point ny