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Income Tax

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

Top Income Tax Articles

Displaying items 13-24
  • It would be a disaster

    Want to compound the economic problems Florida faces because of the troubles in the housing market? Then establish a state personal income tax, and turn an economic downturn into a financial disaster from which Florida might never recover. The warm...
  • File California tax system revision effort under flawed

    In these budget-crisis days, when California citizens showing true public spirit are thin on the ground, I propose a tip of the hat to Gerald L. Parsky. Parsky, 66, a prominent Los Angeles lawyer and investment executive, has shouldered the thankless...
  • Converting or Rolling Over Traditional IRAs to Roth IRAs

      Definition You may decide, after careful review, that the Roth IRA is a better retirement savings vehicle for you than a traditional IRA. If so, you should consider transferring funds from a traditional IRA to a Roth IRA. This can be accomplished by...
  • Roth IRAs

    Definition   A Roth individual retirement account (IRA) is a personal savings plan that offers tax benefits to encourage retirement savings. You can contribute up to the lesser of $5,000 in 2011 and 2012, or 100 percent of your taxable compensation to a...
  • Keeping Track of Expiring and New Tax Provisions

    Keeping Track of Expiring and New Tax Provisions
    IRA Solutions, Inc.   Jesse Lipscomb, Investment Advisor CA Insurance Agent License: 0D22050 4025 Camino Del Rio South, Suite 300 San Diego, CA 92108 Phone: 619-280-2700 Jesse@FinancialCPR.net www.FinancialCPR.net       ++++++++++++++++++++ || ++++...
  • Abolish State Income Tax

    Abolish State Income Tax
    The only state in the South to see no real population growth over the last decade was Louisiana.  But that might all change if a couple of state legislators get their way.  House Ways and Means Chairman Hunter Greene and Senate Revenue and Fiscal...
  • Romney paid 14 percent effective tax rate in 2011

    Romney paid 14 percent effective tax rate in 2011
    Mitt Romney made $13.7 million last year and paid $1.94 million in federal income taxes, giving him an effective tax rate of 14.1 percent, his campaign said Friday. His effective tax rate was up slightly from the 13.9 percent rate he paid in 2010. The...
  • Gov. Jerry Brown rallies Sacramento students for Prop. 30

     
    Gov. Jerry Brown on Thursday urged students to back Proposition 30, his November tax initiative, saying the measure would stop years of cuts to community colleges. Speaking to about 200 students at a courtyard rally at Sacramento City College, Brown......
  • Quinn speech: More! More!

     
    I'm occasionally invited to address occasionally give speeches, and I always keep in mind my father's dictum, "No one ever complains about a speech being too short." And yet I must complain: At 20:09, Gov. Pat Quinn's budget address this......
  • Brad Sherman releases federal tax returns

     
    Rep. Brad Sherman (D-Sherman Oaks) on Tuesday released his federal income tax returns. He challenged Rep. Howard Berman (D-Valley Village),his main opponent for the 30th Congressional District seat, to do the same....
  • How does Illinois rank?

     
    How does Illinois compare to other states? The evolving list of rankings, starting with rankings where it's arguably good to be No 1: Federal stimulus dollars available (2010)-- 5th State lottery income (2008) -- 15th Income per capita (2010) --......
  • Brady `admits' it's `a matter of semantics'

     
    Republican candidate for governor Bill Brady's appeared last night on WTTW Channel 11's "Chicago Tonight." Below is a rough draft of the transcript of his appearance, provided by the station. Here's the video: Note how interviewer Carol Marin calls Brady....