Federal Income Taxes News

Congressmen sound off against SEC in Madoff affairMonday, January 5, 2009 @ 11:40PM Republican and Democratic House members said Monday that the alleged $50 billion fraud involving Wall Street figure Bernard Madoff reflects deep, systemic problems at the Securities and Exchange Commission.

Arizona running out of cashMonday, January 5, 2009 @ 11:39PMPHOENIX (AP) — Arizona could run out of money to pay its bills as early as next month and may have to borrow money in the short term for the first time since World War II, state Treasurer Dean Martin said.

Legislators from 41st District weigh in on top state issuesMonday, January 5, 2009 @ 11:24PM               41st Legislative District map The Legislature convenes Jan. 12 with the daunting task of closing a projected $5.8 billion shortfall.  Last month, Gov. Chris Gregoire proposed slashing more than $3.5 billion in funding for schools, social services and other areas to close the biggest budget shortfall in state history.  In addition to [...]

Obama mulls bigger compensation packages for jobless: reportSunday, January 4, 2009 @ 11:44AMUS President-elect Barack Obama is considering major expansion of government-assisted health care insurance and unemployment compensation packages for helping the jobless, a media report says.

New year marks opening of federal tax seasonSunday, January 4, 2009 @ 11:11AMOf all the acronyms out there, few strike more fear and hatred that “IRS.”