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$100 for you -- Daniels touts tax credit from $2B Indiana surplus
INDIANAPOLIS (AP) — Gov. Mitch Daniels is touting state cash reserves he says will send an additional $100 to each Indiana taxpayer through automatic tax credits next year. Daniels said Tuesday he expects the state to close its books for the fiscal...
Tags: Credit and Debt, Mitch Daniels, Politics, Tax Credits
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Ind. lawmaker: Online tax could replace estate tax
INDIANAPOLIS (AP) — A top Indiana lawmaker is floating the idea of using an online sales tax to help replace revenue that would be lost if a proposal to eliminate the state's inheritance tax becomes law. The Times of Munster reports (http://bit.ly/...Tags: Crime, Law and Justice, E-Commerce Industry, Justice System, Politics, U.S. Senate Committee on Appropriations
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RELEASE: Free tax help preparation and e-file
(Elkhart, Kosciusko, Marshall and St. Joseph County) Starting January 17, VITA (Volunteer Income Tax Assistance) will begin free tax preparation & e-filing appointments for individuals and families in Elkhart, Kosciusko, Marshall and St. Joseph County...Tags: Income Tax, Credit and Debt, Internal Revenue Service, Federal Income Tax, Personal Income
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Mich. residents can apply for home heating credits
LANSING, Mich. (AP) — The Michigan Department of Treasury has begun processing home heating credits for low-income residents. Residents can apply for the credits for 2011 heating payments on their state income tax return or by filing a Michigan...Tags: Home Heating, Personal Income, Politics, Tax Credits
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Rushton Building, Kizer House set for new use
South Bend Tribune Staff WriterSOUTH BEND - Plans are in the works to revitalize two of the signature structures of the West Washington Historic District. The South Bend Heritage Foundation is cooperating with Indiana Landmarks to convert The Rushton Building, long a vacant eyesore at...Tags: Credit and Debt, Politics, Tax Credits, Human Interest
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South Bend mayoral hopeful Hamann proposes tax cut
SOUTH BEND — Wasting no time, St. Joseph County Council member Mike Hamann filed paperwork today declaring his candidacy for mayor of South Bend.
At the same time, the Democrat announced a proposal to cut the county wheel tax by 50 percent....Tags: South Bend (St. Joseph, Indiana), St. Joseph County (Indiana), Chris Riley, Economic Policy, State Income Tax
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Swimming in debt, Illinois considers massive tax boost
SPRINGFIELD, Ill. (AP) — Illinois Democrats are fighting the clock to solve the state's massive budget problems with an equally massive tax increase. They want to boost the personal income tax rate temporarily by up to 75 percent, pushing the...Tags: Democratic Party, Illinois, State Income Tax, Personal Income, Republican Party
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Michigan income tax rollback: Done deal or bad idea?
LANSING, Mich. (AP) — When Michigan lawmakers raised the state income tax in 2007, they required the tax to start dropping in 2011. Now Gov. Rick Snyder must decide: Does he stick with letting the income tax drop a tenth of a percent in the budget...Tags: Government, Income Tax, Rick Snyder, Michigan, State Income Tax
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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: Budgets and Budgeting, Michigan, Pension and Welfare, Crime, Law and Justice, Laws
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Businesses of GOP presidential candidate Newt Gingrich owed taxes in Indiana, other states
Associated PressATLANTA (AP) -- Companies run by Republican presidential candidate Newt Gingrich have faced overdue tax bills in four states worth more than $6,000, according to records reviewed by The Associated Press. One of Gingrich's now-defunct businesses faced...Tags: Companies and Corporations, Newt Gingrich, Missouri, New York, Economy, Business and Finance
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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: Personal Finance, Retirement, Pension and Welfare, Federal Income Tax, Interior Policy
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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: Personal Finance, Federal Income Tax, State Income Tax, Personal Income, Politics
Jul 3, 2012
|Story| AP Broadcast
Jan 3, 2012
|Story| AP Broadcast
Jan 17, 2012
|Story| WSBT-TV
Jan 24, 2012
|Story| WSBT-TV
Nov 2, 2011
|Story| South Bend Tribune
Jan 19, 2011
|Story| South Bend Tribune
Jan 11, 2011
|Story| AP Broadcast
Feb 5, 2011
|Story| AP Broadcast
Feb 16, 2011
|Story| AP Broadcast
May 14, 2011
|Story| AP Broadcast
Aug 5, 2010
|Column| WSBT-TV
Aug 12, 2010
|Column| WSBT-TV
Original site for Taxation topic gallery.