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Federal Income Tax Article


Federal Income Tax News


Tax credit market tightens funds for low-income homes - Columbia Daily Tribune

JEFFERSON CITY - The head of the state’s low-income housing agency expects fewer projects will be approved for financing in Missouri next year because financial problems have eroded the market for tax credits. Julia Robinson photo The Bethel Ridge ...

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Projection: Newark income tax collections to fall - Newark Advocate

NEWARK — Newark city officials soon will be forced to make tough decisions about what to cut as the budgetary process begins at city hall. Already, Income Tax Commissioner Sue Bixler has predicted about $475,000 less in income tax collections next ...

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Dems want to abolish grocery tax - Fort Payne Times Journal

Alabama House Democrats’ plan to eliminate the state’s 4-percent sales tax on groceries has the backing of the majority of DeKalb County’s legislative delegation. The Democratic leaders plan to pay for the $320 million tax cut by eliminating ...

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Chambliss: A pro-business conservative - Atlanta Journal Constitution

Saxby Chambliss had been in the U.S. Senate just two years when a retiring colleague left him an invaluable gift. In January 2005, Oklahoma Sen. Don Nickles put the Georgian in control of the Republican Majority Fund, a political action committee ...

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Alpine businessman is sentenced for tax evasion - Newark Star-Ledger

An Alpine wholesale food distributor has been sentenced to six months in prison for tax evasion. Seventy-one-year-old George Abad Sr. pleaded guilty in May to evading taxes by filing false federal income tax returns for the years 1999 to 2003 ...

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Your growning tax toll - Santa Rosa Press Democrat

Digging California out of a $28 billion budget deficit is going to hurt: The major question is who will pay and how much. Centerpiece of the governor's budget plan is a three-year, temporary 1.5-cent sales-tax hike that would generate $6.6 billion a ...

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Selling mutual fund shares at the bottom offers tax advantages - Los Angeles Times

I'm waiting for one more really bad day in the stock market to sell all my shares in an index mutual fund. Am I insane for wanting to sell at the bottom of the market? Hardly. My two-step plan allows me to trigger valuable tax losses while lowering ...

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