04/23/14 07:15 PM
ALBANY, N.Y. (AP) — New York City Mayor Bill de Blasio proposed legislation in Albany on Wednesday that would prevent higher tax bills for city residents who rebuilt or repaired their homes after they were damaged by Superstorm Sandy. The Democrat said that people who put money into their...
04/23/14 08:45 AM
NATCHEZ, Miss. (AP) — Natchez Regional Medical Center is finalizing an asset-purchase agreement with an unnamed private company and the city has approved tax credits to help pay the bankrupt hospital's debt. The company has not been official identified. Details of the possible sale have not...
04/22/14 07:30 PM
FLAGSTAFF, Ariz. (AP) — Facing a high prevalence of diabetes, many American Indian tribes are returning to their roots with community and home gardens, cooking classes that incorporate traditional foods, and running programs to encourage healthy lifestyles. The latest effort on the Navajo...
04/22/14 05:45 PM
WASHINGTON (AP) — The Internal Revenue Service has paid more than $2.8 million in bonuses to employees with recent disciplinary problems, including $1 million to workers who owed back taxes, a government investigator said Tuesday. More than 2,800 workers got bonuses despite facing a...
By Kelly Cohen | 04/22/14 03:55 PM
According to the Treasury Inspector General for Tax Administration, more than 2,800 employees with "conduct issues" received more than $2.8 million in monetary awards, more than 27,000 hours in time-off awards and 175 quality step — or pay grade — increases.
By Seanna Adcox | 04/21/14 08:08 AM
South Carolina may spend $27 million next fiscal year on continued efforts to secure taxpayers' personal data and provide another year of credit protection following the 2012 hacking at the state's tax-collection agency.
By Tim Talley | 04/18/14 08:02 AM
The top Democrat in the Oklahoma House said Thursday that legislators shouldn't cut the state income tax this year, citing declining revenue and critical public education and transportation needs.
04/17/14 07:00 PM
MILWAUKEE (AP) — Seated at a table on the Milwaukee Bucks' home court, Peter Zehren looked around the BMO Harris Bradley Center on Thursday and acknowledged that the facilities look out of date. But the Milwaukee resident was firm when he said taxpayers shouldn't have to pay for an upgrade....
04/17/14 06:30 PM
WASHINGTON (AP) — The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday. That means some of Wall Street's largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen....
04/17/14 05:00 PM
PITTSBURGH (AP) — The city should send tax bills to subsidiaries of the University of Pittsburgh Medical Center if officials really believe the hospital network shouldn't be a tax-exempt nonprofit, an attorney is arguing. That challenge was aired at an Allegheny County court hearing Wednesday...
By Paul Bedard | 04/17/14 10:13 AM
Former Republican presidential candidate Mitt Romney may have lost in 2012, but he’s still trying to drive the GOP agenda and take shots at leading Democrats.
04/16/14 07:00 PM
PHILADELPHIA (AP) — A popular Philadelphia chocolate maker and candy store has been shuttered by the city days before Easter. WPVI-TV (http://bit.ly/1l42Hhe) said Wednesday the Department of Revenue revoked the business license of the Blasius Chocolate Factory in the city's Kensington...
By Justin Green | 04/16/14 02:48 PM
New York City Mayor Bill de Blasio and first lady Chirlane McCray paid an 8.3 percent effective tax rate on $165,047 of total income in 2013, according to tax returns cited by the Wall Street Journal.
By Timothy P. Carney | 04/16/14 02:18 PM
Warren Buffett thinks his taxes should be higher. An understandable response is "so, pay more in taxes, Mr. Buffett." Some conservatives, in fact, call Buffett a hypocrite for not voluntarily paying a higher rate than his secretary.
By Sean Higgins | 04/16/14 12:13 PM
A study released Tuesday by the Tax Analysis Center found that significantly reducing the corporate tax rate would also boost wages for workers and the economy overall. This could be done on a revenue-neutral basis by reducing the U.S. rate from its current 35 percent to just nine and...
By Joel Gehrke | 04/22/14
By Joel Gehrke | 04/23/14
By Byron York | 04/22/14
By Meghashyam Mali | 04/23/14
By Gene Healy | 04/22/14