The Obamas claimed claiming more than $145,000 in itemized deductions on their 2015 return, including donations to charity such as the Fisher House Foundation, a longtime favorite. The couple is in line for a refund of almost $23,000.
The USDS garnered high praise within both the government and the private sector for its work on the ACA web site, and the plan was to expand its ability to consult with the most technically challenged Federal agencies.
In his sixth year in office, President Obama’s taxable income has continued to decline, according to his 2014 tax return.
During the address, Obama briefly outlined his objectives for closing some of the biggest tax loopholes for the wealthy and redirecting benefits to the middle class., changing the Capital Gains tax, a second-earner credit, dependent care credit, and ...
Brad Smith, the CEO of Intuit, which makes QuickBooks, TurboTax and many other personal and small business management systems, met with President Barack Obama on Friday to discuss how big business and government can work together to support small business. Smith joined other leading executives at a roundtable discussion during which the companies will champion new ways of helping finance small businesses to help them grow and succeed.
The President of the United States, our champion of income equality, has once again called on Congress to raise the minimum wage from its present level of $7.25 per hour up to $10.10 per hour, a salary increase of just under 39 percent.
In his annual State of the Union Address last week, President Obama mentioned several policy initiatives he plans on advancing that could have an impact on the small businesses across the country.