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We Can Find Better Ways To Tax The Rich Than 'Buffett Rule' Bill - Forbes

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We Can Find Better Ways To Tax The Rich Than 'Buffett Rule' Bill
Forbes
First, there's the matter of how to measure income. The rule would define income as adjusted gross income minus a modified measure of charitable contributions. The adjustment avoids discouraging charitable donations. Measuring taxes is more complicated ...

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Published on Friday 10th of February 2012 07:57:40 PM

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Tax Tips: Foreign retirement income is taxable as SS benefit - Knoxville News Sentinel

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Tax Tips: Foreign retirement income is taxable as SS benefit
Knoxville News Sentinel
Generally, your combined adjusted gross income after adding half of the Social Security benefit will determine how much, if any, of the amount will be taxable. Up to 85 percent of the benefit may be taxable depending on your income.
TAX TIPS: Seven Tips to Help You Determine if Your Social Security Benefits ... Lahontan Valley News

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Published on Friday 10th of February 2012 07:57:40 PM

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Income Taxes: 30 Million May Be Hit by AMT This Year - ABC News

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Income Taxes: 30 Million May Be Hit by AMT This Year
ABC News
The result is that an income that qualified you as rich 30 years ago subjects you to the AMT—or would, if Congress didn't authorize, every year, a "patch"—a specified amount of money a filer can deduct from his adjusted gross to stay below the AMT's ...

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Published on Friday 10th of February 2012 07:57:40 PM

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Some can find nice tax-season surprises - Chicago Tribune

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Some can find nice tax-season surprises
Chicago Tribune
It begins to get phased out once a couple's income goes over $110000 or a single parent's is $75000. College credit. The American opportunity tax credit for up to $2500 of college expenses is available to singles with modified adjusted gross incomes up ...
Need cash for IRA deposits? Ask Uncle Sam Business Management Daily

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Published on Friday 10th of February 2012 07:57:40 PM

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Romney Said to Ready More Detailed Plan to Overhaul Tax Code - BusinessWeek

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Romney Said to Ready More Detailed Plan to Overhaul Tax Code
BusinessWeek
Romney released his tax returns in January, showing that in 2010 he paid 13.9 percent of his $21.6 million adjusted gross income in federal taxes. Most of his income came from capital gains and dividends taxed at preferential rates, and his campaign ...
Righter's Block The Ram
Buffett Rule Proposal Is A Win For Tax Exempt Bonds -- And Divorce Forbes

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Published on Friday 10th of February 2012 07:57:40 PM

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