Income Tax News

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Income Tax News ~ Submit a news story ~ Highlights and Commentary

When you are trying to deal with your end of year income taxes, it can take all your energy just to get through the day. But one thing that can help is to stay on top of the latest tax news. You never know when you can find out something that can help you during tax time.

To make life easier for you, I have done the work of collecting the latest news on income taxes for you. This page will automatically update whenever a news story is released that is related to income taxes.

Be sure to bookmark this page, or sign up for our site's RSS feed by clicking on one of the orange buttons to the left.

I will occasionally comment on certain news items and add it to my site. You can see a summary of my news highlights and commentary just below the News section below. In fact, you can submit a news story about income taxes or your commentary as well!

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Do you know any news related to income taxes that you think should be shared but isn't here yet? This is where you can submit information about it.

I will add any news you let me know about and also provide a spot for other visitors to comment on it as well.

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Income Tax News Highlights and Contributions

Click below to see news highlights, contributions and commentary from other visitors to this page...

How to File an Extension
There seem to be many more people in need of filing an extension this year. If you do not think that you will be able to gather all of your tax information ...

Flat Tax Plan Not rated yet
Apparantly, Arizona Legislature is racing to finalize a budget compromise that includes a controversial flat tax plan that would set a rate of 2.8 percent ...

Obama's Vow to Crack Down on Tax Evaders Not rated yet
WASHINGTON (May 4) -- President Barack Obama proposed Monday to raise taxes on the overseas profits of U.S. companies and to go after evaders who abuse ...

Hobby Loss Rules Not rated yet
A treasury audit examines tax impact of abusive hobby loss deductions by high-income taxpayers (Audit Report No. 2007-30-173)

This new audit by the ...

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