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  Federal Tax World News

  • Tax trial for 'Ax the Tax' founder Doug Guetzloe continues
    The federal tax trial continued Tuesday morning for the political consultant and founder of the Ax the Tax group in Orlando. Doug Guetzloe, 57, is charged with failing to file personal tax returns for 2005 and 2006, years in which he earned a total of $375,254, according to a criminal investigation filed against him by federal prosecutors. On Tuesday, an IRS employee and Guetzloe's former ...
    federal tax 08 Feb 2012
  • Golf caucus pushes for green-fees tax break
    An all-party golf caucus is lobbying for businesspeople's golf games to be added to the list of federal tax-deductible hospitality expenses.
    federal tax 08 Feb 2012
  • Doug Guetzloe tax trial continues
    Prosecutors called several witnesses Tuesday in the federal tax trial of Central Florida political consultant Doug Guetzloe. Guetzloe is accused of failing to file returns on almost $187,000 in income in 2005, and more than $188,000 in 2006. He faces two misdemeanor counts of willful failure to file tax returns. One of the witnesses called by the government was an Internal Revenue Service ...
    federal tax 08 Feb 2012
  • Tax credit expiration could slow wind's rise
    SPRINGFIELD - The federal tax credit that has supported wind energy for almost 20 years is set to expire at the end of 2012, which could take some of the billow out of the state's sails.Illinois has been one of the top producers of wind energy in the nation, and with...
    federal tax 08 Feb 2012
  • Tax credit expiration could slow wind?s rise in Ill., but still plenty to export
    The federal tax credit that has supported wind energy for almost 20 years is set to expire at the end of 2012. With this expiration looming, the future of the industry in Illinois ? one of the top producers of wind energy in the nation ? could leave the state struggling to meet its renewable energy requirements, even as the state exports more wind energy than it uses.
    federal tax 08 Feb 2012
  • Tax Chief Slows Plan to Change Inherited IRAs
    Under Republican pressure, Senator Baucus is backing off a proposal that would increase federal tax revenue from inherited IRA holders
    federal tax 08 Feb 2012
  • What Tax Reform Would Mean For The States
    What would fundamental changes in the federal tax code mean for state and local governments? Would it limit their ability to raise or borrow money? Would it make their revenue systems more or less progressive or even work more smoothly? Last Friday, I participated in a joint Tax Policy Center and UCLA Law School conference ...
    federal tax 08 Feb 2012
  • Health Insurance and Medical Deductions - eHealthInsurance Releases Top Consumer Tips for Tax Season
    MOUNTAIN VIEW, CA-- - Today eHealthInsurance , the leading online source of health insurance for individuals, families and small businesses, released a series of tips for health insurance consumers working ...
    federal tax 08 Feb 2012
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