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Taxation

A collection of news and information related to Taxation published by this site and its partners.

Top Taxation Articles

Displaying items 12-22
  • Hukill bill would cut state corporate-income tax

    Hukill bill would cut state corporate-income tax
    In an issue that has been a priority for Gov. Rick Scott, a Republican senator from Volusia County filed a bill Friday that would cut the state's corporate income tax. The bill (SB 138), filed by Sen. Dorothy Hukill, R-Port Orange, will be considered...
  • Capitol Caldron: Hot Summer Of '91 Gave Birth To Income Tax

    Capitol Caldron: Hot Summer Of '91 Gave Birth To Income Tax
    It was a blisteringly hot summer in 1991, and Connecticut residents were steamed that a budget crisis meant closing many state parks on the Fourth of July. The parks were collateral damage in an epic struggle between Gov. Lowell P. Weicker and the...
  • Kutztown awards $183K grant to support workforce development and other company news

    Kutztown awards workforce training grant The Kutztown University Small Business Development Center recently announced an award of $182,936 through the Workforce and Economic Development Network of Pennsylvania. This grant will support workforce...
  • The Mortgage Professor: Homeownership is not for everyone

    Some people are not cut out to be homeowners. I call them NOHOs. What distinguishes them is not their income, their mobility, or where they live rather, it is how they live. While homeowners live with at least one foot in the future, and have learned...
  • Selling a stock, curbing taxes

    Selling stock at a profit generates capital gains taxes. If you have a large amount of a single stock and want to diversify, a swap fund allows you to do that without incurring this tax. Much of the capital gains tax is simply paying tax on government-...
  • Tax credits available for certain energy-efficient upgrades

    Tax credits available for certain energy-efficient upgrades
    Q: We plan to add a new room to our house by the end of this year, at a cost of about $60,000. What are the tax consequences, if any? Can we deduct anything on our 2014 tax return we will file next year? A: If you are adding energy-efficient products...
  • Botched foreclosure process leaves borrower in limbo

    Q: We purchased a home in 2006. In 2009 we applied for a loan modification, but it was denied. Later a foreclosure date was set on the home. We moved out and have not lived in house since 2009. Our lender sold the home last May but later discovered...
  • Cancer Support Community of the Greater Lehigh Valley receives donation, and other company news

    Cancer Support Community of the Greater Lehigh Valley receives donation, and other company news
    Cancer Support Community receives donation The Cancer Support Community of the Greater Lehigh Valley recently received a $2,000 donation from Mass Mutual Financial Group. The grant is designated for breast cancer programs that are offered at the...
  • Kentucky 'dark-money' group grew rapidly in 2014 election cycle

    Kentucky 'dark-money' group grew rapidly in 2014 election cycle
    The Kentucky Opportunity Coalition, a conservative political nonprofit group, wasn’t very busy before last year. It didn’t raise or spend a single dollar in all of 2012. When the year ended, it had just $904 in its bank account. But its...
  • Utility rates to rise under Winnetka's proposed $72.4 million budget

    Utility rates to rise under Winnetka's proposed $72.4 million budget
    Winnetka officials said Tuesday that the proposed $72.4 million budget for 2015 could save village residents a few dollars in property taxes, but find them paying more for utilities. Edward McKee, finance director for the village of Winnetka, said...
  • Higher Emanuel fees and taxes add up

    Higher Emanuel fees and taxes add up
    As the Chicago City Council prepares to approve his latest budget Wednesday, Mayor Rahm Emanuel repeatedly has reminded voters that he didn't raise city property taxes during his first four years in office. But that doesn't mean homeowners haven't had...