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Federal Income Tax

A collection of news and information related to Federal Income Tax published by this site and its partners.

Top Federal Income Tax Articles see all

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  • Central issues of Election 2012

    Central issues of Election 2012
    Whoever wins the presidential election in November will confront urgent problems: Should tax cuts scheduled to expire be renewed? Should federal spending be cut to reduce the deficit or would that weaken an already lackluster economy? After one of the hottest summers on record, has the time come for the U.S. to adopt policies to slow climate change? Have sanctions against Iran impeded its nuclear program, and if not, does that make a military strike necessary? What to do about immigration?
  • Senate panel backs extension of mortgage debt relief law

    WASHINGTON — Here's some encouraging news for financially stressed homeowners across the country: The Senate Finance Committee has approved a bipartisan bill that would extend the Mortgage Forgiveness Debt Relief Act through 2013. Why is this...

    Brad Sherman releases federal tax returns

     
    Rep. Brad Sherman (D-Sherman Oaks) on Tuesday released his federal income tax returns. He challenged Rep. Howard Berman (D-Valley Village),his main opponent for the 30th Congressional District seat, to do the same.

    IRS: Nearly 1,500 millionaires paid no federal income tax in 2009

     
    IRS report finds that 1,470 millionaires paid no taxes in 2009 while 2 million taxpayers dropped out of the pool

    Taxes: About those folks who don't pay taxes ...

     
    A common complaint among readers of Opinion L.A. goes something like this: "Under President Obama, 50% of the country pays no taxes." That's flatly false. But it is true that almost half of Americans pay no income taxes -- 46%, to be precise, according to...