| Apr 11, 2012
| 9:57 AM
A man is sentenced nearly a year after being charged on allegations of tax fraud. Officials say Troy Beam, Shippensburg faces 74 months in prison in relation to charges of tax evasion, obstructing and impeding the due administration of the IRS and willful...
| Jan 10, 2011
| 10:41 PM
SPRINGFIELD -- Illinois Democrats are scaling back a major income tax increase as they search for votes in a frantic, last-ditch effort to deal with the state's crippling budget crisis.
After rank-and-file lawmakers balked at a 75 percent hike in the...
| Jan 30, 2011
For taxpayers who are procrastinators, this is your year.
Not only is the Internal Revenue Service asking those with more complex returns to hold off filing until mid-February, but the usual tax deadline has been extended three days, to April 18, because...
| Feb 11, 2011
| 7:57 PM
A new proposal is on the table that could mean no more state income tax for Missouri residents. But to balance that out, sales taxes would go up, and that has many small business owners across the state feeling uneasy.
It's called the "Fair Tax," and...
| May 13, 2012
| 1:53 PM
A Maryland family making more than $175,000 will pay at least $254 more in income taxes this year under a revenue-raising plan the Maryland General Assembly is expected to take up when it convenes for special session on Monday.
The same family of joint...
| May 16, 2012
| 5:05 PM
The General Assembly's speedy embrace of Gov. Martin O'Malley's income tax increases this week cleaned up a political mess in Annapolis, but the rate hikes could come back to haunt the Democrat if he seeks national office when his time in the governor's...
| May 14, 2012
| 6:08 PM
A carefully choreographed strategy to raise state income taxes to stave off so-called doomsday budget cuts faces a challenge in the General Assembly after several Democrats defied party leaders with a proposal to raise the sales tax instead.
| May 15, 2012
| 6:42 PM
After beating back a series of challenges in the House of Delegates, lawmakers are poised to give final approval Wednesday to a plan to raise the state income tax to fund schools, police and Medicaid.
The legislation, introduced Monday by Gov. Martin O'...
| May 17, 2012
| 6:45 AM
Thomas Neale's recent letter to the editor employs uses usual Republican tactic of throwing out irrelevant statistics to confuse the issue of tax fairness ("The wealthy pay more than their fair share," May 14). It doesn't matter that the top 1 percent...
| May 22, 2012
| 4:30 AM
Thomas M. Neale's letter to the editor ("The wealthy pay more than their fair share," May 14) uses the usual Republican tactic of irrelevant statistics to confuse the issue of tax fairness. It does not matter that the top 1 percent of taxpayers pay 38...
| May 23, 2012
| 8:00 AM
For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...