Taxes under Obama: What it means to you. (AP)
Taxpayers at most income levels have seen their federal income taxes drop under President Barack Obama. A comparison of tax bills for 2010, which must be filed this spring, with bills from 2008, the last full year of George W. Bush’s presidency: ___ Taxpayers: A married couple with two young children and a combined income of $ 25,000. 2008 tax bill: No bill. Instead, a $ 6,700 payment from the …
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Taxes on the sale of a fishy business
Dear Tax Talk, I’m in the process of selling the LLC that has been operated as a fish farm (land and equipment were bought by the company from the start).
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Dispute erupts over back taxes
The recent recovery of $ 2 million in delinquent taxes by an auditing firm hired to temporarily oversee the treasurer’s office in Malden has led to some sharp exchanges among city councilors over the money’s availability.
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