Pa. agent’s failure to pay state taxes costs him license, $24,000
A Pennsylvania insurance agent, owing more than $151,000 in state income taxes over a seven-year period, lost his insurance license and was fined $24,000. Richard Alan Kroope of Bethlehem, Pa., failed...
View ArticleMd. lawmakers may look to renew tax on state’s wealthiest residents
Maryland’s so-called millionaires’ tax, set to expire Jan. 1, 2011, may be extended or made permanent, as the Maryland General Assembly seeks ways to solve its budget woes. The tax, a 6.25% levy...
View ArticleEmancipation Day in D.C. frees taxpayers until April 18
The Internal Revenue Service is giving tax filers three extra days to prepare their taxes this year because of a holiday in Washington, D.C., April 15. The IRS said tax returns for tax year 2010 must...
View ArticleMost insurance agents say they refer, eschew clients’ tax issues
The majority of insurance agents say they refer their clients seeking tax services to an accountant or certified public accountant, according to the latest IFAwebnews.com poll. Exactly 71% of...
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Obama renews call for tax cuts for middle class, none for wealthy
President Barack Obama reaffirmed on July 9 that he wants to end Bush-era tax cuts for the wealthiest Americans, but extend for one year tax cuts in place for the middle class. Barack Obama Obama said...
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