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Michigan governor targets personal tax breaks in call for sweeping cuts
LANSING, Mich. (AP) - Gov. Rick Snyder is taking on everyone from senior citizens to state workers, public schools to city halls in his first budget proposal as he works to get Michigan on sound financial footing.
The new governor made good on his...Tags: Agricultural Research and Technology, Finance, Elections, Science and Technology, Employees
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Should I Convert to a Roth IRA?
Paul ReasonerI am 55 years old and plan on retiring in 7 years. My wife and I both work and have saved religiously in our IRAs. Together we have a little more than $500,000 in those plans. I understand that since all the money invested in those plans were pre-tax...Tags: Taxation, Politics, Pension and Welfare, Labor Legislation, Personal Income
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I've inherited an IRA. What to do?
Paul ReasonerRecently my mother passed away and left my sister and me her $300,000 IRA. We met with her advisor and she suggested that we should divide the IRA into two equal portions and roll them over to my sister and me. She explained that neither of us would owe...Tags: State Income Tax, Taxation, Politics, Personal Income, Personal Finance
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A Tax Bite to Convert to a Roth IRA?
Paul ReasonerMy wife and I have always wanted to have a Roth IRA but were never eligible because of our income. As you know under the new law it is possible to convert our regular IRAs to the Roth’s. Most of our retirement assets are in 401-Ks and they cannot be...Tags: Politics, Personal Finance, Retirement, Emerging Market, Career and Workplace
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A Little of This, A Little of That
Paul ReasonerI've got myself in quite a jam and I could really use some advice. About 5 years ago I took out a home equity laon to fix up the house. It was paid off but my wife and I agreed that we wanted to re-do the kitchen and bathrooms as well as adding a sun...Tags: Mortgages, Politics, Personal Finance, Retirement, Career and Workplace
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Malloy, GOP Clash Over Latest Budget Deal
The Hartford CourantDemocrats and Republicans argued Tuesday over whether the legislature is planning to blow through the state's mandated spending cap in order to balance next year's budget. Republicans say it's clear that Gov. Dannel P. Malloy and leaders of the...Tags: Finance, Parties and Movements, Government Health Care, Wethersfield, Health Insurance
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529 Rebels: Alternative ways to save for college
Reuters(The author is a Reuters contributor. The opinions expressed are his/her own.) NEW YORK (REUTERS) - Think of college savings, and most investors think automatically of a 529 plan. It is no wonder that they do: Such tax-advantaged plans now house $168....Tags: Finance, Taxation, Politics, Personal Finance, Bonds
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YOUR MONEY-529 Rebels: Alternative ways to save for college
ReutersBy Kayrn McCormack Chris Taylor NEW YORK, May 27(REUTERS) - Think of college savings, and most investors think automatically of a 529 plan. It is no wonder that they do: Such tax-advantaged plans now house $168.5 billion of our hard-won savings, as of...Tags: Finance, Taxation, Politics, Personal Finance, Retirement
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Some Md. lawmakers ready to consider business tax cut
kaustuv.basu@herald-mail.comWhen Del. Andrew A. Serafini, R-Washington, introduced a bill during the 2013 session of the Maryland General Assembly seeking to reduce the state’s corporate income tax from 8.25 percent to 4 percent, he suggested that his bill might be a way to...Tags: Investments, Anirban Basu, Taxation, Politics, Washington, DC
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Cloned: Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus
The Hartford CourantEven if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes. With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...Tags: Finance, Elections, Filene's Basement Corporation, L. Scott Frantz, Macy's
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Michigan residents see big tax increases
LANSING, Mich. (AP) — In the height of tax season, don't be surprised if you owe more to the taxman in Lansing. Some major income tax changes approved 21 months ago by Gov. Rick Snyder and lawmakers are just now starting to hit Michigan taxpayers...
Tags: Taxation, U.S. Department of the Treasury, Pension and Welfare, Environmental Issues, Politics
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Tax increases affecting more Michigan residents
LANSING, Mich. (AP) — In the height of tax season, don't be surprised if you owe more to the taxman in Lansing. Some major income tax changes approved 21 months ago by Gov. Rick Snyder and lawmakers are just now starting to hit Michigan...
Tags: Taxation, U.S. Department of the Treasury, Politics, Environmental Issues, Pension and Welfare
Feb 16, 2011
|Story| AP Broadcast
Aug 5, 2010
|Column| WSBT-TV
Aug 12, 2010
|Column| WSBT-TV
Aug 25, 2010
|Column| WSBT-TV
Sep 13, 2010
|Column| WSBT-TV
May 28, 2013
|Story| Hartford Courant
May 28, 2013
|Story| Reuters
May 28, 2013
|Story| Reuters
May 19, 2013
|Story| Herald Mail
May 11, 2013
|Story| Hartford Courant
Feb 19, 2013
|Story| Petoskey News
Feb 16, 2013
|Story| Petoskey News
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