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Federal Income Tax

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

Top Federal Income Tax Articles

Displaying items 37-48
  • After record profits, Disney CEO calls for corporate tax changes

     
    After his company reported the largest quarterly earnings in its history, the head of the Walt Disney Co. said he thinks the United States should cut its corporate income tax rate. “We pay a very high corporate tax rate as a company,” Disney...
  • Romney Tax Release Comes After Months of Pressure

    Romney Tax Release Comes After Months of Pressure
    Mitt Romney's Friday release of some tax documents came after months of pressure on the Republican candidate to make public more of his financial picture. Republicans urging further release hoped additional documents would put the issue of what Romney...
  • 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...
  • Senate panel backs extension of mortgage debt relief law

    WASHINGTON — Here's some encouraging news for financially stressed homeowners across the country: The Senate Finance Committee has approved a bipartisan bill that would extend the Mortgage Forgiveness Debt Relief Act through 2013. Why is this...
  • Time For 'Opposite Malloy' To Repair Economic Damage

    In a classic "Seinfeld" episode, the ever-hapless George Costanza decides it's time to change his strategy. "Every decision that I've ever made in my entire life has been wrong. My life is the complete opposite of everything I've wanted to be." His...
  • Your Quinncome tax hits home

    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...
  • 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...
  • Obamacare, same-sex marriage initiatives before voters

    Obamacare, same-sex marriage initiatives before voters
    Obamacare, 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...
  • Former Head of Dallas Crime Stoppers Pleads Guilty to Conspiracy & Tax Charges

    Former Head of Dallas Crime Stoppers Pleads Guilty to Conspiracy & Tax Charges
    Theodora Ross, 52, of Rowlett, Texas, and a former senior corporal with the Dallas Police Department, pleaded guilty this morning, before U.S. Magistrate Judge Irma C. Ramirez, to one count of conspiracy to commit wire fraud stemming from her role as head...
  • Cassity: Taxing the 'rich' could mean your job

    Taxes. Now there's a word that's sure to get the blood flowing. Although perennially a subject for discussion, it seems that it's become more a part of our national and state and even local discourse over the past few months. So, always interested in...
  • Cain says willingness to admit mistakes is presidential

    Cain says willingness to admit mistakes is presidential
    Republican White House contender Herman Cain, his candidacy under increased scrutiny and heightened criticism as he has moved to the top of some national polls, said today his willingness to admit mistakes is a presidential quality. “The thing that...
  • Report: Three of PA's Largest Companies Tagged For Not Paying State Income Tax.

     
    What Do ... ... Air Products & Chemicals, Comcast and H.J. Heinz all have in common? They're among the 68 companies singled out in a new report for not paying state income taxes for at least one year between 2008......