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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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Don't be fooled by January pay _ higher taxes loom
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
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Romney gives Dem support for tax deductions claim
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
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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
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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: United Way , Internal Revenue Service, Taxation, Income Tax, Tax Credits
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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: State Income Tax, Justice System, Michigan, Taxation, 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: State Income Tax, Taxation, State Budgets, Personal Finance, Personal Income
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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, Retirement, State Budgets, Career and Workplace, Personal Finance
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Your Quinncome tax hits home
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
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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
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Tax help available for low income families
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
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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
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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...
Tags: State Income Tax, Internal Revenue Service, Taxation, Income Tax, Accounting and Auditing
Dec 23, 2012
|Story| AP Indiana
Sep 22, 2012
|Story| AP Broadcast
Sep 16, 2012
|Story| AP Indiana
Jan 17, 2012
|Story| WSBT-TV
Feb 16, 2011
|Story| AP Broadcast
Aug 12, 2010
|Column| WSBT-TV
Aug 5, 2010
|Column| WSBT-TV
Jan 4, 2013
|Story| Chicago Tribune
Jan 27, 2013
|Story| Imperial Valley Press Online
Jan 25, 2013
|Story| KWCH
Jan 25, 2013
|Story| Aberdeen News
Jan 20, 2013
|Story| South Bend Tribune
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