Toll Brothers 4Q net income soars on tax benefit

NEW YORK (AP) — Toll Brothers says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury homebuilder delivered more homes and its order backlog increased.CEO Douglas C. Yearley Jr. said in a statement on Tuesday that higher home prices, low interest rates, pent-up demand and improving consumer confidence prompted buyers to return...

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IRS finalizes new tax for medical devices in healthcare law

WASHINGTON (Reuters) - The U.S. Internal Revenue Service on Wednesday released final rules for a new tax on medical devices, products ranging from surgical sutures to knee replacement implants, that starts next year as part of President Barack Obama's 2010 healthcare law. The 2.3-percent tax must be paid, effective after December 31, by device-makers on their gross sales. The tax is expected to raise...

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H&R Block 2Q loss narrows as revenue rises

KANSAS CITY, Mo. (AP) — H&R Block's fiscal second-quarter loss narrowed, helped by cost-cutting efforts. Revenue climbed mostly because of a strong tax season in Australia.The nation's largest tax preparation company typically turns in a loss in the August-to-October period because it takes in most of its revenue during the U.S. tax season. H&R Block's quarterly performance beat analysts'...

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SALEM, Ore

WASHINGTON (Reuters) - The top U.S. tax collector warned on Thursday of a delayed start to 2013's tax season if Congress fails to reset the alternative minimum tax (AMT) on high-income taxpayers so that it does not sweep in millions of middle-income people. Without another adjustment by lawmakers soon to the AMT, "many of us will see a delayed filing season," said Steven Miller, named just last month...

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Oregon governor says Nike plans to hire thousands

SALEM, Ore. (AP) — Sporting goods giant Nike plans to expand its operations in Oregon and hire as many as 12,000 new workers by 2020 but wants the government to promise it won't change the state tax code, prompting a special session of the Legislature.Gov. John Kitzhaber said he'll call lawmakers together Friday in Salem to create a new law authorizing him to grant Nike's wish.The governor did not...

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Durant scores 41 as streaking Thunder top Hawks

ATLANTA (AP) — Oklahoma City's biggest stars displayed a unique version of balanced scoring against Atlanta: Russell Westbrook led the Thunder in the first half and Kevin Durant dominated the Hawks over the final two quarters.Durant set a season high with 41 points and Oklahoma City held off Atlanta 100-92 on Wednesday night for its 12th straight win.Westbrook had 27 points — 21 in the first half...

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NBA-James and Bosh feel Heat have plenty of room to improve

MIAMI, Dec 20 (Reuters) - LeBron James and Chris Bosh feel the defending champion Miami Heat have work to do if they are to reach peak form in time for the National Basketball Association (NBA) playoffs, but both embrace the challenge.The Heat (16-6) trail only the New York Knicks (19-6) in the Eastern Conference just past the quarter-mark of the NBA's regular season but Bosh is well aware his team...

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James and Bosh feel Heat have plenty of room to improve

MIAMI (Reuters) - LeBron James and Chris Bosh feel the defending champion Miami Heat have work to do if they are to reach peak form in time for the National Basketball Association (NBA) playoffs, but both embrace the challenge.The Heat (16-6) trail only the New York Knicks (19-6) in the Eastern Conference just past the quarter-mark of the NBA's regular season but Bosh is well aware his team is not...

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Top prospect Parker chooses Duke

CHICAGO (AP) — Jabari Parker still had just about everyone guessing. Then, he pulled out that blue T-shirt with a white "D," and, finally, it became clear.The prized prospect from Chicago's Simeon Career Academy, one of the most highly touted recruits in years, is headed to Duke to play for Mike Krzyzewski. Parker made the announcement in front of a national TV audience Thursday, in his high school...

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New York Knicks Tickets in December to Feature Dual-Rivalry Matchups, Opportunities for Payback on November Losses - Headline Tickets Offers Saving Code on NBA Tickets

While their November meeting with rivalry team the Brooklyn Nets ended in a 96-89 OT loss on November 26 at Brooklyn, the New York Knicks are set to play the Nets again in December, along with two games against the Chicago Bulls. New York Knicks tickets are now available at third-party ticket reseller sites like HeadlineTickets.com.(PRWEB) December 20, 2012The New York Knicks have participated in...

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