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Law & Government

Health law has little-known tax implication (access required)

When the U.S. Supreme Court ruled on the health care law in June, the decision upholding the individual health insurance mandate made headlines. But lost in the details and unknown to many was the 3.8 percent surcharge tax on net ...

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Land Board delays vote on Salmon River dredger

Gov. C.L. “Butch” Otter and other Idaho Land Board members delayed voting on a proposed mineral lease Aug. 21, opting to first pay a personal visit to the Salmon River where anglers and a miner are battling over underwater booty: ...

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Couple sues accounting firm after tax commission audit (access required)

A husband-and-wife real estate team is suing its former accountants for negligence after the two were stuck with a deficient tax bill by the Idaho Tax Commission. John and Heather Sonmez, who conducted real estate transactions through their company Sonmez ...

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Food Stamp cuts could hurt local economies, hunger organizations warn (access required)

While Idaho farmers are largely comfortable with the agricultural provisions in the two national Farm Bills circulating in Congress, other organizations have raised concerns that cuts to the food stamp program could wreak havoc on local economies. The bills both ...

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Overall state revenues are up (access required)

General revenue among the 50 states increased about 2.9 percent in FY 2012, according to a new budget report highlighted August 7 by officials with the National Conference of State Legislatures. Arturo Perez, NCSL program director for fiscal affairs, said ...

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Banking industry decries credit union legislation (access required)

A proposed amendment to a 1998 bill regulating credit unions has the credit union and banking industries at odds. Credit unions that have continued making business loans through the recession are backing S. 2231, the Small Business Lending Enhancement Act ...

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Keynetics founder sues his interior decorators (access required)

The owner of Keynetics in Boise is suing his interior design consultants, alleging Sprague Solutions lied about furniture costs and pocketed extra cash during transactions. Tim Barber, the founder of Boise tech companies ClickBank and Kount, both subsidiaries of Keynetics, ...

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