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Recently, CNN reported rampant income tax fraud of a new sort. Thieves steal social security numbers then file tax returns on the accounts of these social security numbers. They then receive the refunds that were due honest working citizens. The segment went on to suggest the IRS is not doing its part to curtail such activities.
Arizona is in line to get 1,264 more places for people of limited income to rent housing, including 100 in Gilbert.
WASHINGTON - Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress.
Some areas of the state seem to be weathering the recession better than others, at least when one set of figures are concerned.
WASHINGTON - Consumers, lured out to the stores by the warmest January in more than a century, spent at a rapid clip that outpaced their incomes. However, construction activity slowed to the slowest gain in seven months, indicating the nation's housing boom is easing.
Centennials are normally cause for celebration, a chance to applaud some thing or person standing the test of time. But not so for the income tax. Even the IRS is declining to mention that this year is the 100 year anniversary of the 16th Amendment of the Constitution, which authorized the tax.
Mesa United Way is looking for volunteers to help low-income East Valley residents prepare their 2012 tax returns. Volunteers will help individuals, families, seniors, people with disabilities and those with English as a second language prepare and file their income tax returns free of charge, said Don Jensen, program manager for Mesa United Way.
The way Adam Chodorow sees it, there's a big gap in federal estate and income tax laws: They don't deal with zombies.
Mesa will have three new low- to moderate-income housing developments in the next few months, thanks to the city, private developers and federal tax credits administered by the state.
If your household income is under $50,000, taking the “EZ” path to tax-return preparation could cost you dearly. Mesa United Way invites you to use its free tax service to ensure you get all the tax credits you may be entitled to.
Arizona legislators may take an in-depth look at the state's tax system, with an eye toward broadening the sales tax while phasing out the individual and corporate income taxes.
Arizonans continue to lose ground in the bid to at least keep pace with national income trends.
Auto insurance claims adjuster Rex Fuhrmann thought he was stretching his paycheck as far as he could while striving to raise his three sons alone in their Chandler apartment.
2011 Census figures to be released this fall will show that progress combating poverty has taken a giant leap backwards.
Tax reform has become an important issue in dealing with the recession and job creation. There is a plan now in committee in the House of Representatives referred to as HR 25 and is fair to all Americans. It is the Fair Tax (not the Flat Tax) and is supported by the best economists in our nation. The Fair Tax is a consumption tax of 23 percent on new goods and services and would eliminate the IRS and all taxes associated with that agency such as the income tax, payroll tax, capital gains tax, the alternative minimum tax, corporate tax, estate and gift taxes. The imbedded tax of 22 percent on all new goods would also be eliminated. American workers would receive their full paycheck. The Fair Tax would bring millions of high paying manufacturing jobs back to America, boosting the economy, and improving the standard of living for the poor and middle class and eliminate tax breaks for the wealthy. The poor would pay 0% tax through a rebate program. The Fair Tax is also revenue neutral.
Saying "job creators'' need some more incentive, Arizona lawmakers took the first steps Monday to reducing -- and in some cases eliminating entirely -- any state income tax on capital gains.
Chandler is seeking volunteers to help prepare taxes for the elderly, disabled and families with limited incomes who cannot prepare their tax returns. The city is asking volunteers to donate one session per week during five events scheduled for the Volunteer Income Tax Assistance Program. The events will take place from Jan. 30 through April 12. Volunteers can take a free instructor-led Internal Revenue Service course in tax law on Jan. 7. Or, they can take a course in tax law through on online, self-paced instruction, followed by a test to determine their certification level.
Two years after letting a prior program self-destruct, state senators on Wednesday approved a new package of tax credits designed to convince movie and TV producers to make their shows in Arizona.
The Internal Revenue Service is warning senior citizens and other taxpayers to beware of an emerging scheme tempting them to file tax returns that claim fraudulent refunds. Refunds are promised to people who have little or no income and normally don’t have a tax filing requirement. The con artists tell their victims they can obtain a tax refund or nonexistent stimulus payment based on the American Opportunity Tax Credit, even if the victim was not enrolled in or paying for college.
Taxes un-American? Only if you have never studied or thought about the history of the United States, the world and tax laws.
If your household income is under $50,000 and you need help preparing your tax return, now is the time to take advantage of Mesa United Way’s free tax-preparation service.
As the April 15 income tax filing deadline nears, the Arizona Game and Fish Department is reminding taxpayers that although state taxes do not support the conservation of wildlife in the Grand Canyon state, individual donations can.
CHICAGO — Getting an extra two days to file taxes beyond the usual April 15 tax filing deadline isn’t likely to cure a nation of procrastinators this year.
OCALA, Fla. - Wesley Snipes was released on $1 million bond Friday after pleading not guilty to federal charges that he failed to file tax returns and falsely claimed millions of dollars in refunds.
Hoping to lure more movies, TV shows and commercials, state lawmakers are moving to once again provide income tax credits for those who produce them in Arizona.