Income Tax
U.S. debt hitting Americans: Sequester spending cuts don’t help optimism
When it comes to the nation's debt, payback time might be here.
U.S. Income Tax turns 100, Comparing 1913 to 2013 income tax rates
Taxes used to be a lot simpler: The ratification of the Sixteenth Amendment, which established the modern federal tax law, was proclaimed 100 years ago on February 25, 1913.
Nevada considering sales tax on accountants & other services to lower income tax rate
When it comes to creating a services tax, the Legislature could cast a wide net, taxing nearly every service at a lower rate and reducing the sales tax on goods in the process -- a Republican idea.
Former Wells Fargo banker helped fraud ring cash IRS tax refund checks
A former Wells Fargo Bank employee in Anchorage admitted in federal court Thursday that she helped members of an identity theft and tax fraud ring open illegitimate bank accounts and cash fraudulent checks.
In Jesse Jackson Jr case, IRS and prosecutors focused on excessive indulgence
Prosecutors took a tougher stand against Jesse Jackson Jr. than his wife, Sandi, because they viewed him as the one who enabled the couple's seven-year $750,000 spending binge in which campaign dollars were spent on luxury goods, celebrity memorabilia, spa treatments and even a trip to Disney World.
California corruption trial – Fate of 6 former city leaders in hands of jury
Feb. 23 — Before jurors left the courtroom to deliberate, the prosecutor took a final shot at the six former City Council members accused of corruption. “The one-percenters of Bell,” he called them, a band of small-town politicians who had “apparently forgotten who they are and where they live.” After four weeks of testimony, a […]
Vacation home buyers need to consider hidden costs: Property and State Taxes, Other Costs
People considering a vacation home need to consider other costs, like taxes.
Virginia state senate approves Medicaid changes to budget
The Virginia State Senate voted 31-8 on Friday to approve amendments to the state’s two-year budget, including language to allow Medicaid expansion pending reforms in the state’s program. Twelve senators lodged a protest against the Medicaid language after Lt. Gov. Bill Bolling ruled that it could not be separated from the budget for a separate […]