| Jan 3, 2012
| 4:38 AM
LANSING (AP) -- Michigan Gov. Rick Snyder and Republican lawmakers pushed through a series of far-reaching tax changes in 2011 that will hand businesses drastically lower tax bills while raising the amounts low-income workers and retirees will pay as new...
| Jan 4, 2012
| 8:04 AM
Now is the time to make the hard decision: Are you going to walk away from your underwater home?
Uncle Sam is still giving homeowners until Dec. 31 to go through a short sale or foreclosure without tax consequences -- as long as the lender officially...
| Jan 13, 2012
Q: Our condominium association paid 35 percent in federal income taxes last year even though we are a small association. The tax was on a capital gain we earned for a small investment that paid handsomely. Two accountants confirmed that we are liable...
| Oct 11, 2012
| 6:18 PM
Whoever wins the presidential election in November will confront urgent problems: Should tax cuts scheduled to expire be renewed? Should federal spending be cut to reduce the deficit or would that weaken an already lackluster economy? After one of the...
| Sep 13, 2012
| 7:53 PM
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...
| May 29, 2012
| 8:17 PM
God can change your trouble into treasure
To the editor:
President Obama has come out in support of gay marriage. First, a Maryland governor and now a president trying to change God’s mind about something; it will be interesting to see how they...
| Oct 5, 2012
| 4:31 AM
Romney on '47 percent': I was 'completely wrong'
KASIE HUNT,Associated Press
FISHERSVILLE, Va. (AP) — Republican presidential candidate Mitt Romney has described his disparaging remarks about the 47 percent of Americans who don't pay federal...
| Jun 5, 2012
| 6:38 PM
A York City woman is indicted on charges of conspiring to submit false and fradulent federal income tax returns. The U.S. Attorney for the Middle District of Pennsylvania claims that between January 1, 2009 through June 1, 2009, 35 year old Carmen...
| Jun 11, 2012
| 11:31 AM
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...
| Jun 23, 2012
| 9:45 PM
Q: I have a home that I have rented out for the past 18 months. Prior to that, I lived in the home for eight years. I want to sell it and buy a different rental home.
Do I need to do a 1031 exchange to defer tax, or am I free from capital gains tax...
| Jul 5, 2012
| 9:45 PM
Q: Four years ago, I financed a rehabbed property located in Atlanta on a bank appraisal of about $110,000. The current loan balance is about $88,000 on an interest rate of 6.625 percent. But the home's current value is about $25,000. My bank has valued...
| Jan 17, 2012
| 8:24 AM
(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...