Income Tax

More than two years ago, Florida lawmakers agreed to pay CSX Corp. more than $400 million to acquire the tracks needed for Central Florida's planned SunRail commuter train. As part of the deal, CSX said it would reinvest the money in several rail projects...

LANSING, Mich. (AP) — Gov. Rick Snyder and Republican legislative leaders worked out a budget agreement Wednesday that would allow for a small cut in individual income taxes, twice as much money for film credits, a slight increase in education...

God can change your trouble into treasure To the editor: President Obama has come out in support of gay marriage.  First, a Maryland governor and now a president trying to change God’s mind about something; it will be interesting to see how they...

   A York City woman is indicted on charges of conspiring to submit false and fradulent federal income tax returns.  The U.S. Attorney for the Middle District of Pennsylvania claims that between January 1, 2009 through June 1, 2009, 35 year old Carmen...

LANSING, Mich. (AP) — Michigan taxpayers could get enough back from the state to pay for a fast-food lunch — or two if they’re thrifty — under a measure approved Wednesday by the state House that aims to accelerate a pending income...

A new report from the IRS shows that nearly 21,000 American households with incomes of $200,000 and up didn't owe federal income taxes. If you're like me, your first question is: How can that be? Your possible next question: Can I get that kind of tax...

WASHINGTON (AP) — Republicans are calling it "Taxmageddon," the big tax increase awaiting nearly every American family at the end of the year, when a long list of tax cuts is scheduled to expire unless Congress acts. It would be, GOP leaders in...

This Wednesday's planned opening of the half-billion-dollar Maryland Live! Casino at Arundel Mills marks a red-letter day in Maryland gaming history. The scale of the enormous, 330,000-square-foot facility is stunning: It will eventually house 4,750...

In his op-ed "Annapolis dines at federal expense" (June 13) Sean Kennedy wrote: "The more Maryland taxes federal employees, the less money Uncle Sam can ask from them in taxes." I have issues with this on several points. First, this applies to all...

President Barack Obama is struggling with a national jobless rate of more than 9 percent, but he's finding plenty of work for investment guru Warren Buffett. The so-called Oracle of Omaha is the president's primary policy prop as Obama pushes the...

Gov. Martin O'Malley used his State of the State address Wednesday to make his case for his most ambitious legislative agenda since taking office. Now comes the hard job of selling it. In an upbeat, 33-minute speech to both chambers of the General...

Gov. Martin O'Malley is expected to make a personal, perhaps quixotic pitch Wednesday for what could be the least popular proposal in Annapolis this year: raising the tax on gasoline. The governor is scheduled to testify before House and Senate...