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Federal Income Tax

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A collection of news and information related to Federal Income Tax published by this site and its partners.

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    Dec 23, 2012 |Story| AP Indiana
  1. Don't be fooled by January pay _ higher taxes loom

    <span style="font-size: small;">WASHINGTON (AP) &mdash; Workers probably won't feel the full brunt of next year's <span style="color: red;">tax</span>&nbsp;<span style="color: red;">increases</span> in their January paychecks, but don't be fooled by the temporary reprieve.</span>
    WASHINGTON (AP) — Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled by the temporary reprieve. No matter what Congress does to address the year-end fiscal cliff, it's already...

    Tags: Fiscal Cliff, George W. Bush, Employment Opportunities, Taxation, Career and Workplace

  2. Sep 22, 2012 |Story| AP Broadcast
  3. Romney gives Dem support for tax deductions claim

    <span style="font-size: small;">WASHINGTON (AP) &mdash; Mitt Romney has given Democrats plenty of support for their claim he manipulated his deductions to keep his overall 2011 federal income tax rate above a certain threshold for political purposes.</span>
    WASHINGTON (AP) — Mitt Romney has given Democrats plenty of support for their claim he manipulated his deductions to keep his overall 2011 federal income tax rate above a certain threshold for political purposes. The Republican presidential...

    Tags: Political Candidates, Taxation, Politics, Boy Scouts of America, Mitt Romney

  4. Sep 16, 2012 |Story| AP Indiana
  5. Study: Indiana tax code discourages small businesses

    INDIANAPOLIS (AP) — A new study of Indiana's business tax structure suggests the state's tax code discourages the small, home-grown businesses often considered the engines of job creation. The Ball State University study found several tax code...

    Tags: State Income Tax, Walmart, Taxation, Politics, Ball State University

  6. Jan 17, 2012 |Story| WSBT-TV
  7. 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: United Way , Internal Revenue Service, Taxation, Income Tax, Tax Credits

  8. Feb 16, 2011 |Story| AP Broadcast
  9. 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.
    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: State Income Tax, Justice System, Michigan, Taxation, Interior Policy

  10. Aug 12, 2010 |Column| WSBT-TV
  11. I've inherited an IRA. What to do?

    Paul Reasoner
    Recently 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, State Budgets, Personal Finance, Personal Income

  12. Aug 5, 2010 |Column| WSBT-TV
  13. Should I Convert to a Roth IRA?

    Paul Reasoner
    I 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, Retirement, State Budgets, Career and Workplace, Personal Finance

  14. Jan 4, 2013 |Story| Chicago Tribune
  15. Your Quinncome tax hits home

    Two years ago on their night of infamy, 1/11/11, General Assembly Democrats &mdash; and exclusively Democrats &mdash; voted to raise the Illinois personal income tax rate by 67 percent. Many Illinoisans have been furious about that sop to chronic mismanagement, although not as furious as they would have been if their paychecks had actually been gouged by those additional 2 percentage points.
    Two years ago on their night of infamy, 1/11/11, General Assembly Democrats — and exclusively Democrats — voted to raise the Illinois personal income tax rate by 67 percent. Many Illinoisans have been furious about that sop to chronic...

    Tags: Fiscal Cliff, Justice System, State Income Tax, Crime, Law and Justice, Interior Policy

  16. Jan 27, 2013 |Story| Imperial Valley Press Online
  17. BOE celebrates income tax awareness day with statewide events

    The Board of Equalization encourages all qualifying Californians who need help with their income tax preparation to attend a free Volunteer Income Tax Assistance program event as the nation celebrates Earned Income Tax Credit Awareness Day. EITC...

    Tags: State Income Tax, Internal Revenue Service, Taxation, Income Tax, Tax Credits

  18. Jan 25, 2013 |Story| KWCH
  19. Tax help available for low income families

    <span style="font-family: sans-serif; font-size: x-small;">Free E-File income tax preparation help will be available at sites across Kansas starting Monday, Jan. 28. </span>
    Free E-File income tax preparation help will be available at sites across Kansas starting Monday, Jan. 28. One of the largest sites will be at the Docking State Office Building, 915 SW Harrison St., Room 163. The assistance sites are a partnership...

    Tags: Social Security, State Income Tax, Interior Policy, Unemployment Benefits, Internal Revenue Service

  20. Jan 25, 2013 |Story| Aberdeen News
  21. Change in laws have huge impacts on agriculture

    The year 2013 should be another strong one for agricultural equipment sales, thanks to a Jan. 1 change in the federal tax law, as well as overall strength in commodity markets and accumulated farm financial strength. Tom Vandendriessche, a farmer and...

    Tags: Fiscal Cliff, State Income Tax, Justice System, Crime, Law and Justice, Taxation

  22. Jan 20, 2013 |Story| South Bend Tribune
  23. How does IRS know?

    I was very interested in your discussion about tax audits last week, and it made me wonder how does the Internal Revenue Service trace money that comes from things like office Super Bowl pools, cash earned at little odd jobs here and there, and other transactions that don't have a paper trail?
    I was very interested in your discussion about tax audits last week, and it made me wonder how does the Internal Revenue Service trace money that comes from things like office Super Bowl pools, cash earned at little odd jobs here and there, and other...

    Tags: State Income Tax, Internal Revenue Service, Taxation, Income Tax, Accounting and Auditing

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