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Income Tax News

Why Wait Until 2010? Make Smart Tax Moves Now

Monday Nov 9, 2009

With less than 60 days until 2010, time is running out for those wondering if there is anything they can do to reduce their 2009 tax bill.


Income Tax Consequences of Stimulus Programs

Tuesday Oct 20, 2009

Trying to figure out how the 2009 stimulus will affect your personal income tax? Read on for details on the homebuyer's credit and more.


Rebuilding a Battered Retirement Income Plan After the Economic Storm

Tuesday Sep 15, 2009

Insurance and financial planning professionals look at ways to start to rebuild battered retirement income plans.


Yikes! The Dreaded IRS Notice

Thursday Sep 3, 2009

Odds are you will get a letter from the IRS. Don't panic you are not alone.


IRS to Mine Mortgage-Payment Data

Tuesday Sep 1, 2009

The IRS's next strategy for finding cheaters is to compare your mortgage payments with your salary.


Do Product Guarantees Help Recover Lost Retirement Income Ground?

Thursday Jul 16, 2009

This article examines retirement income planning guarantees.


Court Upholds IRS in Tax-Shelter Case

Wednesday May 20, 2009

A U.S. appeals court upheld the IRS ruling against two Texas lawyers who used a tax-shelter strategy referred to as "Son of Boss," which is "a category of complex tax maneuvers designed to generate huge losses with little risk to the investor."


States' Tax Collections Continue to Fall

Wednesday May 13, 2009

State tax collections continued to fall in the first quarter as muted consumption, falling incomes and weak profits plunged states into a deeper financial hole.


Higher Tax Would Hit at $235,000

Tuesday May 12, 2009

Couples making over $235,000 will start paying a higher income tax starting in 2011 under Obama's plan.


Tax Boost Proposed for Estates, Firms

Saturday May 9, 2009

The federal government is going forward with tax increases on the wealthy to cover health-care reform.


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