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Stories tagged: taxes


  • Federal judge rules Hart has no legislative shield from tax actions

    Legal options are running out for anti-tax Idaho lawmaker Phil Hart in his effort to keep the government from seizing his log home in Athol. A federal judge on Tuesday …


  • BBB Tip of the Week: I filed my taxes: Now what?

    Whew, I filed my taxes: Now what? Did you know that according to the IRS, even if a tax return is prepared by someone else, you are legally responsible for …


  • Six must-know tips for tax time

    What do you absolutely need to know this tax season? The correct answer, of course, will vary for everyone and depend on just how complex life – and your finances …


  • IRS offers help to modest-income earners

    Tax laws are so complex many taxpayers don’t feel comfortable filing out their own returns, but getting professional help can be expensive. Believe it or not, the Internal Revenue Service …


  • Homeowners can make use of key benefits to reduce taxes

    NEW YORK – Mortgage interest is just the beginning. Owning a home can provide some significant advantages when it’s time to file your federal tax return. From green energy credits …


  • Tax hike/cut proposal falls short

    BOISE – Freshman North Idaho Sen. Steve Vick’s proposed constitutional amendment to require two-thirds votes not only for any tax increase but also for any fee hike or the reduction …


  • Analyst: Obama ups taxes for 1 in 4, mostly rich

    WASHINGTON — A nonpartisan research group estimates that President Barack Obama’s budget would raise taxes next year on 1 in 4 households, but have little impact on families earning under …


  • Romney’s tax rate 14%, returns show

    TAMPA, Fla. (AP) — Republican presidential candidate Mitt Romney paid about $3 million in federal income taxes in 2010, having earned more than seven times that from his investments. Those …


  • Gregoire: Pass new oil fee to fix roads

    OLYMPIA — Washington should levy a new fee on oil to pay for maintenance on roads, bridges and ferries, Gov. Chris Gregoire says.


  • Wash. lawmakers’ ‘short session’ will be dominated by budget

    OLYMPIA – Washington legislators find themselves in familiar territory as they return to the Capitol this week. The General Fund budget they thought they had shored up through a series …


  • Gregoire backs easier business licenses, taxes

    OLYMPIA – Small businesses would have a single place to obtain state and local licenses and to pay state and local business and occupation taxes under proposals announced Thursday by …


  • Federal taxes not due until April 17

    An obscure Washington D.C. holiday means that for the second year in a row, federal tax returns aren’t due on the traditional date of April 15.


  • Presidential candidates have differing views of tax cut debate

    Mitt Romney refused to be pinned down today on how Congress should break an impasse that threatens to raise taxes for 160 million workers — the latest pressing policy debate …


  • House approves payroll tax cut extension, with strings attached

    A payroll tax cut package engineered by House Speaker John A. Boehner was overwhelmingly approved by Republicans despite a veto threat from President Barack Obama, escalating a year-end showdown over …


  • Can’t raise taxes? Hike Medicare premiums instead

    Raising taxes on millionaires may be a non-starter for Republicans, but they seem to have no problem hiking Medicare premiums for retirees making a lot less.


  • School officials object to proposed state cuts

    OLYMPIA – School officials from across Washington urged legislators to reject plans to cut four days out of the school year or reduce payments designed to help poor districts keep …


  • Budget, tax credits lead agendas of region’s lawmakers

    WASHINGTON – With just under a month left in 2011, the federal budget and tax breaks top Inland Northwest lawmakers’ year-end to-do lists. Three of 12 appropriations bills are on …


  • There’s no ‘Plan B’ if mortgage interest deduction goes away

    Moe Veissi, the new president of the National Association of Realtors, didn’t even blink an eye when the sensitive question was raised. It wasn’t an elephant-in-the-room topic, but it was …


  • ‘Good news’ for business, Gregoire says

    OLYMPIA – Most Washington businesses will see lower unemployment taxes and many will have no increase in their workers’ compensation rates in 2012. In announcing the new rates for next …


  • Anatomy of a levy

    Three-year levies in 13 of Spokane County’s school districts will expire at the end of 2012, and voters will likely be asked to continue the taxes – plus tack on …


  • National election will decide deficit strategy, says Sen. Murray

    In the end, the congressional supercommittee failed to reach a deficit-cutting deal over the question of whether everyone, including the nation’s top earners, will pay for it, U.S. Sen. Patty …


  • Washington Dems explore election on tax hikes

    Democratic officials have been quietly exploring the logistics of a special election in February that could ask state voters to raise taxes to help fill another budget shortfall, according to …


  • Spin Control: Taxing opportunities are literally endless

    The supercommittee charged with cutting the federal deficit got off to a raucous start last week, as protesters cut off one GOP member’s opening remarks with chants that Congress should …


  • E. Thomas McClanahan: Tax code needs sensible fixes

    Warren Buffett caused quite a stir last week. In a New York Times op-ed, he told Washington to stop “coddling” the super-rich. He said that last year he only paid …


  • Panel takes aim at state tax breaks

    OLYMPIA – A special panel is recommending the Washington Legislature end three tax breaks and review eight others the state offers to various businesses or consumer groups. The Joint Legislative …


  • Smart Bombs: Floyd was suited to the task

    On Election Day, you’ll find Doug Floyd trudging up to St. Mark’s Lutheran Church (or wherever) to drop off his ballot. If you wonder why, he’ll be glad to tell …


  • State employee paychecks shrink a little

    Happy new fiscal year, Washingtonians. Forget about making resolutions, but remember to get a new tab for your boat, or a Discover Pass if you plan to be spending time …


  • Cash-poor states want to collect revenues from online retailers

    AUSTIN, Texas – State governments across the country are laying off teachers, closing public libraries and parks, and reducing health care services, but there is one place they could get …


  • Hart taking tax case to Idaho Supreme Court

    Tax-protesting state Rep. Phil Hart is taking his fight against having to pay past-due state income taxes to the Idaho Supreme Court, despite already having lost four appeals. Hart, R-Athol, …


  • Taxpayer ID theft hits new heights

    WASHINGTON — Imagine filing your tax return and learning that someone else got your refund. With your name and Social Security number, no less. The IRS is grappling with a …


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