Income Tax

January 13, 2014 

Active duty and some reserve members of the U. S. Armed Forces deserve our nation's greatest respect and honor, and one of the minor things our country offers in return for their service are a few benefits when it comes to income taxes.

Isaac M. O'Bannon

January 10, 2014 

The IRS has released individual income tax rates for tax year 2014. This is for the tax year ending Dec. 31, 2014, which will be filed before April 15, 2015.

January 8, 2014 

Abagnale was the subject of the movie "Catch Me if You Can," which portrayed his experiences from ages 16-21 as an impostor and check forger.

January 5, 2014 

Thousands of small-business owners in Texas have faced a year-end dilemma since 2006: try to stay under $1 million in gross receipts or see their state franchise tax bill go overnight from zero to thousands of dollars.

January 3, 2014 

When the ball dropped in Times Square at midnight on New Year’s Eve, it did more than signal the start of another year. It also officially closed the books on several significant tax breaks for individuals and small business owners. Unless these provisions are resurrected by a bipartisan Congress – no sure bet – they…

January 3, 2014 

Real Business Solutions, which makes payroll and 1099 tax products, has released its 2014 Payroll Mate payroll preparation and reporting system, which includes enhanced "import / export" capability "from / to" leading accounting and payroll processing applications.

December 30, 2013 

With fraud costing entities around the globe an estimated 5 percent in lost revenues, the world’s largest anti-fraud organization urges business owners and managers to make fraud prevention one of their top new year’s resolutions for 2014.

December 30, 2013 

Writing a check to a charity can be easy, but tax laws can sometimes be challenging. Here are some tips to remember when doing some last-minute donating and what to remember when preparing the paperwork.

December 30, 2013 

Prominent Miami criminal defense attorney Larry Handfield, the former chairman of the Public Health Trust, Jackson Health System's governing board, has quietly pleaded guilty to filing false tax returns.

December 28, 2013 

People living in the United States illegally will qualify for a Nevada driver's privilege card, filmmakers who produce in Nevada will be eligible for a tax credit, motorists in Clark County will pay an additional 3.4 cents for a gallon of gasoline, and thousands will have health insurance coverage under a new federal law managed…

December 27, 2013 

Four tax preparers in Minneapolis and Brooklyn Center have been indicted on 63 counts of identity theft, conspiracy and tax fraud.

December 26, 2013 

Ohio's 330,000 minimum wage workers will see their pay climb 10 cents to $7.95 an hour beginning Jan. 1 when the automatic hike takes effect. Minimum wages for tipped workers will get a 5 cent bump to $3.98 an hour.