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Can pay mortgage but doesn't want to
Real Estate MattersQ: I've read about strategic default and bankruptcy, and I'm a bit confused as to which is the better option for me. I have a VA loan on my house in Georgia, that I moved out of in 2008 due to a military PCS transfer. The house sat empty for nine...Tags: Internal Revenue Service, Financially Distressed Companies, Homes, Bankruptcy, Real Estate
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After record profits, Disney CEO calls for corporate tax changes
Central Florida Political Pulse - Orlando SentinelAfter 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... -
Letters to the editor
How the federal debt would look in terms of a household Editor: The information below cuts thru political hype and helps put things into perspective. Let's remove eight zeros from the federal figures and pretend it's a household budget: U.S. Tax...
Tags: Barack Obama, Conservation, Alternative Energy, Elections, Government Debt
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Not a let of help forthcoming to underwater investors
Real Estate MattersQ: 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...Tags: Bankruptcy, Real Estate, Income Tax, Money and Monetary Policy, Taxation
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Romney on "47 percent" comment: "just completely wrong"
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...
Tags: Barack Obama, Elections, Personal Income, Taxation, Fox News Channel (tv network)
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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: Research and Development, Barack Obama, Elections, Washington, DC, Budgets and Budgeting
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Romney Tax Release Comes After Months of Pressure
CNNMitt 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...Tags: Barack Obama, Elections, Voting, CNN (tv network), Television Industry
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Residence converted to rental creates tax complications
Real Estate MattersQ: 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...Tags: Internal Revenue Service, Homes, Realty, Income Tax, Taxation
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Snyder, legislative leaders OK income tax cut; zero in on budget
LANSING, Mich. (AP) — Gov. Rick Snyder and Republican legislative leaders worked out a budget agreement Wednesday that would allow for a small cut in individual income taxes, twice as much money for film credits, a slight increase in education...
Tags: Republican Party, Home Heating, Health Insurance Cost, Executive Branch, Parties and Movements
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Letters to the Editor - May 30
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...Tags: Same-Sex Marriage, Barack Obama, Income Tax, Personal Income, Taxation
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Feds Charge York Woman with Filing False Income Tax Returns
Content managerA 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...Tags: Internal Revenue Service, Personal Data Collection, State Income Tax, Income Tax, Personal Income
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The Oracle of Obama?
President Barack Obama is struggling with a national jobless rate of more than 9 percent, but he's finding plenty of work for investment guru Warren Buffett.
The so-called Oracle of Omaha is the president's primary policy prop as Obama pushes the...Tags: Microsoft Corporation, Barack Obama, Income Tax, Berkshire Hathaway Inc., Personal Income
Aug 16, 2012
|Column| Tribune Media Services
Aug 8, 2012
| Orlando Sentinel
Oct 17, 2012
|Story| Petoskey News
Jul 5, 2012
|Column| Tribune Media Services
Oct 5, 2012
|Story| Petoskey News
Jun 11, 2012
|Story| Petoskey News
Sep 24, 2012
|Story| KTLA-LTV
Jun 23, 2012
|Column| Tribune Media Services
May 24, 2012
|Story| Petoskey News
May 29, 2012
|Story| Herald Mail
Jun 5, 2012
|Story| WPMT-LTV
Sep 25, 2011
|Story| Chicago Tribune
Original site for Federal Income Tax topic gallery.
