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TAXES: Federal

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Free Patriot Press

Every year around this time, millions of Americans fill out a form 1040 – hoping they don't have to write a check to Uncle Sam. Millions more know they will be getting a “refund” (which is normally a return of some portion of their money that was wi

News Link • Global Reported By Darryl W. Perry
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New York Times

All but certain now that his Republican opponent will be Mitt Romney, President Obama has made his proposed “Buffett Rule” minimum tax for the wealthiest Americans like Mr. Romney a centerpiece of his re-election campaign, defying the political risk

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http://www.npr.org, by Bill Chappell

In 2012, the federal tax return deadline is Tuesday, April 17 — so if you haven't already filed your income tax return, you have about one week left to shop around for different options to finish your taxes, or request an extension.

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Free Patriot Press

Many States rely on lottery revenues to fund various projects. With the recent record breaking Mega Millions jackpot I began thinking about the possibility that all government funding should come from similar voluntary means. Consider the following p

News Link • Global Reported By Darryl W. Perry
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http://washingtonexaminer.com, Paul Bedard

Come Sunday, America finally has something to crow about in its economic war with China and Japan: It will have the highest jobs-killing corporate tax rate in the industrialized world.

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New York Times

The US is suing a unit of Mr. Buffett’s Berkshire Hathaway, seeking $366 million in taxes and penalties. The Berkshire division at the center of the suit is a private-aircraft company that caters to the nation’s wealthiest — the people Mr. Buffett sa

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Reuters

He has since brought aboard specialists from Big Four audit firms KPMG and Ernst & Young, as well as law firm Mayer Brown and boutique consultancy Horst Frisch. Maruca, who came from law firm Covington & Burling, is still recruiting.

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Reuters

A surge in tax refund fraud and identity theft has prompted the Internal Revenue Service to consider sharing more tax return information with police. In a move that could spark concerns over personal privacy, the IRS said it is considering a pilot pr

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by Peter Schiff

The communist revolutions in the 20th century sought to nationalize the wealth generated by privately held industries back to the "exploited" workers on whose backs the profits were supposedly derived.

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JACKIE CALMES and JOHN H. CUSHMAN Jr.

President Obama asked Congress on Wednesday to scrub the corporate tax code of dozens of loopholes and subsidies to reduce the top rate to 28 percent, from 35 percent, while giving preferences to manufacturers that would set their maximum effective

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