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House approves 'fiscal cliff' deal, rescinding broad tax hike
This post has been updated. See below for details.WASHINGTON — The House gave final approval Tuesday night to a bill to rescind tax increases for the vast majority of Americans, but only after a day of closed-door debate among Republicans, who were forced to allow a vote on a compromise many in...Tags: Harry Reid, Politics, George W. Bush, Personal Income, John Boehner
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Senator Palmer: Taxes will top General Assembly agenda
The Kentucky General Assembly will begin the first part of the 2013 30-day session Jan. 8, and Sen. R.J. Palmer, D-28, said tax reform, the possible legalization of hemp and school safety could all be targeted by legislators. “I have discussed...
Tags: General Practitioners, Government, Health Insurance, Agriculture, Medicaid
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Fiscal cliff stalemate spurs anxiety in states
JEFFERSON CITY, Mo. (AP) — A plunge over the federal "fiscal cliff" may sound like a terrifying risk for many state officials anxiously watching as Washington struggles to avert automatic tax hikes and spending cuts set to start with the new year....
Tags: Deval Patrick, Government, Mary Fallin, Local Government, Politics
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The fiscal cliff ... of '32
Close your eyes in Washington these days and you can almost hear the echoes of 1932. Eighty years ago, just like today, a fiscal crisis almost totally dominated the nation's capital. Then, as now, fiscal conservatives demanded immediate action to fix...
Tags: U.S. Department of the Treasury, Democratic Party, John Nance, Los Angeles Times, Elections
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Business owner admits not paying IRS employment taxes, not filing income tax returns
SPRINGFIELD, Mo. -- The owner of a business in Highlandville pleaded guilty in federal court on Monday for failing to pay his employees’ FICA taxes and for failing to pay his own income taxes. Paul Rose Jr., 46, of Highlandville, waived his...
Tags: Personal Income, Internal Revenue Service, Punishment, 3M Co., Taxation
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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: Internal Revenue Service, Barack Obama, Business, Washington, DC, Sales
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Ag producers should do income tax planning before year ends
Agricultural producers should do tax planning before the end of the year based on the information known at this time. Traditionally, producers try to do tax planning to limit their tax liability. With uncertainty in Congress, tax rates may be higher in...Tags: Personal Income, Internal Revenue Service, Meteorological Disasters, State Income Tax, Taxation
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La Cañada Unified tables parcel tax
With state income taxes rising and the federal government's “fiscal cliff” looming, La Cañada school officials have agreed not to place a parcel tax before La Cañada Flintridge voters next year. La Cañadans currently pay $150 per parcel to...Tags: United States Census Bureau, Government, Barack Obama, Elections, Politics
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FACT CHECK: Looming tax hike not the biggest ever
WASHINGTON (AP) — Republicans are calling it "Taxmageddon," the big tax increase awaiting nearly every American family at the end of the year, when a long list of tax cuts is scheduled to expire unless Congress acts. It would be, GOP leaders in...
Tags: U.S. Department of the Treasury, Business, Sales, Politics, Income Tax
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Expiring income tax rules could affect ag producers
Numerous federal income tax regulations are scheduled to expire Dec. 31, 2012, unless Congress acts. Several of these regulations will affect agricultural producers. "The section 179 expense election is $139,000 for 2012," says Ron Haugen, North...Tags: Personal Income, Politics, Taxation, Income Tax
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Income tax management program for agricultural producers set for Nov. 30
A tax management program will be offered to producers and tax preparers from 9 a.m. to noon CST on Friday, Nov. 30, at 11 interactive video sites in North Dakota. The program is sponsored by the North Dakota State University Extension Service and...Tags: Personal Income, Internal Revenue Service, State Income Tax, Jamestown (Jamestown, Virginia), Politics
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Obamacare, same-sex marriage initiatives before voters
CNNObamacare, same-sex marriage and marijuana legalization dominated the hot-button ballot initiatives before voters in a number of states on Tuesday. A key component of President Barack Obama's signature health care reform law is on the line in a...Tags: Gays and Lesbians, Government, Business, St. Petersburg (Pinellas, Florida), Justice System
Jan 1, 2013
|Story| Los Angeles Times
Dec 27, 2012
|Story| Winchester Sun
Dec 10, 2012
|Story| Petoskey News
Dec 26, 2012
|Story| Los Angeles Times
Nov 26, 2012
|Story| schurz
Dec 23, 2012
|Story| AP Indiana
Dec 21, 2012
|Story| Aberdeen News
Nov 28, 2012
|Story| La Cañada
Jun 11, 2012
|Story| Petoskey News
Nov 9, 2012
|Story| Aberdeen News
Nov 9, 2012
|Story| Aberdeen News
Nov 6, 2012
|Story| WPMT-LTV
Original site for Federal Income Tax topic gallery.