Income Tax News

The Latest News and Developments For
Tax Preparation

Tax Return's Latest Breaking News

• Indias Mukherjee May Raise Taxes to Avoid China-Like Bubble Bloomberg - 1 hour, 12 minutes ago Feb. 25 (Bloomberg) -- Indias government may tomorrow raise excise taxes and slow spending in an effort to shrink a 16-year-high budget deficit and foster sustainable growth that avoids the asset bubbles emerging in China.
  
  
• More people do their own taxes, Block feels pain Market Watch - Feb 24 5:30 AM H&R Block Inc. said at it will miss its internal estimate for fiscal 2010 earnings because it is preparing fewer tax returns.
  
  
• Bar Owner Going To Prison For Cheating On Taxes CBS 2 Chicago - 2 hours, 43 minutes ago The owner of a popular Uptown bar was sentenced to a year and a day in federal prison Tuesday for failing to report all of his income for more than five years.
  
  
• Lawmakers Who Owe Taxes List Delivered FOX 5 Atlanta - 59 minutes ago Georgias revenue commissioner has provided a list of state legislators who havent paid their taxes to the chairmen of the House and Senate ethics committees.
  
  
• Charges: Beach couple failed to pay nearly $1M in taxes The Virginian-Pilot - Feb 24 11:37 AM NORFOLK A Virginia Beach couple who own several employment placement services were charged in federal court today with failing to pay nearly $1 million in withholding taxes. Ross Allan Rogers and his wife, Constance V. Wiseman, have agreed to plead guilty to one count of willful failure to pay taxes due, according to a court filing by the U.S. Attorneys Office.
  
  

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