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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 89-99
  • It's time for tax reform that benefits the middle class

    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...
  • Lies, damn lies and phony tax statistics

    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...
  • Maryland offers tax relief on debt forgiveness

    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...
  • Gambling's most taxing issue

    Gambling's most taxing issue
    This Wednesday's planned opening of the half-billion-dollar Maryland Live! Casino at Arundel Mills marks a red-letter day in Maryland gaming history. The scale of the enormous, 330,000-square-foot facility is stunning: It will eventually house 4,750...
  • Feds Charge York Woman with Filing False Income Tax Returns

    Feds Charge York Woman with Filing False Income Tax Returns
       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...
  • Complaint about Maryland taxes fails to consider effect of the alternative minimum tax

    In his op-ed "Annapolis dines at federal expense" (June 13) Sean Kennedy wrote: "The more Maryland taxes federal employees, the less money Uncle Sam can ask from them in taxes." I have issues with this on several points. First, this applies to all...
  • Howard income tax receipts grow, but not as much as last year

    Howard County income tax collections — the second-largest source of county revenue — continue to increase, which will likely help the county avoid a serious budget shortfall this coming year. "This number kind of confirmed that we are not...
  • Key state lawmaker calls for property tax cap overhaul

    Key state lawmaker calls for property tax cap overhaul
    A state lawmaker who helps set tax policy is calling for an overhaul of Maryland's property tax cap law, after a Baltimore Sun investigation documented how the costly program has resulted in homeowners across Baltimore paying vastly different amounts...
  • Tips to Increase Your Tax Refund

    Year-End Giving: The end of the year is the traditional time for making gifts. For 2011, you may give up to $13,000 to a person without incurring any federal gift tax liability (the $13,000 annual limit applies to each donee).  If you are married, you...
  • Income tax rate rising for state's high-earners

    High-earners in Maryland will feel a financial pinch as employers start withholding more money from paychecks to accommodate the higher income tax rates approved by the General Assembly in May and signed into law by Gov.Martin O'Malley. The tax...
  • Maryland slots: How the House wins

    Maryland slots: How the House wins
    The Taxpayers Protection Alliance, a Virginia-based nonprofit that advocates nationally for lower taxes and smaller government, has been running radio ads in the Baltimore area with a simple message: Don't give gaming companies a big tax break. That...