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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Income Tax Extension Headlines

Obama Pitches Stimulus Package to House Republicans - Washington Post


ABC News

Obama Pitches Stimulus Package to House Republicans
Washington Post, United States - Jan 5, 2009
For instance, upper-income individuals would not be eligible for the income tax credit, but the income threshold for phasing out the benefit has not been ...
Video: Obama Meets With Speaker Pelosi AssociatedPress
Obama Considers Major Expansion in Jobless Aid New York Times
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Lawmakers from Texas want deduction of state sales tax to be made ... - San Antonio Express


Lawmakers from Texas want deduction of state sales tax to be made ...
San Antonio Express, TX - 5 hours ago
The current extension of the deduction lasts through 2009. Other states that do not levy an income tax are Alaska, South Dakota, Florida, Nevada, Tennessee, ...

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What Obama’s Proposed Tax Cuts Mean for Small Businesses - BusinessWeek


Straits Times

What Obama’s Proposed Tax Cuts Mean for Small Businesses
BusinessWeek - 16 hours ago
I spoke with Barbara Weltman, a tax attorney in Millwood, NY, who says an extension of a carry back period for losses could significantly help businesses ...
Obama Supports Corporate Tax Refund That Was Rejected Twice in 2008 CQPolitics.com
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IRS: We'll help financially distressed taxpayers - Newsday


IRS: We'll help financially distressed taxpayers
Newsday, NY - 1 hour ago
Yesterday the IRS also outlined some recent tax benefits, such as the extension of the standard deduction for state and local real estate taxes to ...
IRS Adds New Advisory Council Members WebCPA
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New York Housing Plan Is Delayed - New York Times


New York Housing Plan Is Delayed
New York Times, United States - Jan 5, 2009
Another factor that has slowed development of so-called affordable housing is the drop in price of low-income housing tax credits. ...

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Darcy Cardarelli of Haverhill gets 6 months, must pay $1.2 million - Eagle Tribune


Darcy Cardarelli of Haverhill gets 6 months, must pay $1.2 million
Eagle Tribune, MA - 3 hours ago
By Paul Tennant BOSTON — Darcy Cardarelli, a prominent Haverhill citizen, will spend six months in prison or under home confinement for income tax ...

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