The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census of enumeration.

— The Sixteenth Amendment



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Federal Income Tax Deduction Headlines

Some year-end strategies to cut your tax bill - KIVI-TV


Some year-end strategies to cut your tax bill
KIVI-TV, ID - 16 hours ago
(A credit, which reduces your tax bill dollar for dollar, is more valuable than a deduction, which merely reduces the amount of your income that is subject ...

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Late Property Tax Bills Could Cancel Out Homestead Credits - INDYchannel.com


Late Property Tax Bills Could Cancel Out Homestead Credits
INDYchannel.com, IN - 5 hours ago
... could have an effect on the way many people file their federal taxes, with their property tax payment being their largest federal income tax deduction. ...

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P1 Exclusive: Year-end tax tips for LEOs - Police News


P1 Exclusive: Year-end tax tips for LEOs
Police News, CA - 11 hours ago
Your money grows tax-deferred and earnings on your withdrawals are exempt from federal income tax when used for qualified education expenses. ...

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Area briefs — Dec. 3, 2008 - Reporter-Times


Area briefs — Dec. 3, 2008
Reporter-Times, IN - 13 hours ago
Tax credit bonds — Authorizes state to issue debt service tax credit bonds providing credits against federal income tax instead of interest payments. ...

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Year-End Strategies to Trim Your Taxes - Wall Street Journal


Year-End Strategies to Trim Your Taxes
Wall Street Journal - Dec 2, 2008
1, an additional $1.5 million of that person's estate will be sheltered from the federal estate tax, where the top rate is 45% both this year and next. ...

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Tax break could assist storm-affected - 2TheAdvocate


Tax break could assist storm-affected
2TheAdvocate, LA - 1 hour ago
Waives the 10 percent adjusted gross income requirement and sets the deduction floor at $100 for 2008. This means a family whose $10000 car was destroyed in ...

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