Tax Plaza

Taxation in the News

Tax the Top, Hit the Middle
Few are willing to go so far as to leave the country to escape taxation, yet the same decease in tax revenue can be found on a national scale.

Lawmakers more open to tax hikes
Melody McCray-Miller, D-Wichita, who serves on the House Taxation Committee. Sen. Jay Emler, chair of the Senate Ways and Means Committee, anticipates the

Tax credit program has rules, limits
This is the house where you spend "most" of your time, as defined by the IRS. One of the credits is for first-time buyers and those who have not owned a

TAT upset over excess Taxation
The taxation check post, Government of Manipur at Jiribam is charging Rs.5000 to Rs.8000 per trucks carrying commodities goods to Tamenglong.

Senate OKs bill extending jobless benefits, tax breaks
The proposal, which still needs to be reconciled with a House-passed version, also would extend tax cuts for college tuition, the COBRA program that helps

Battle brewing over online sales tax
By Trip Jennings 3/10/10 6:12 PM Colorado lawmakers recently decided to impose an online sales tax, a move that is generating a battle in Denver and

IRS: Higher standard deduction for real estate taxes
The IRS wants taxpayers who pay state or local real estate taxes but don't qualify to itemize their tax deductions, to know that they may qualify for an