Nevadans to benefit from sales tax deduction&#39;s return
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WASHINGTON -- Gaylyn Spriggs can remember two decades back when she would keep every grocery and department store receipt in a shoebox on a closet shelf.
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The looming political battle over how to reform the tangled US income tax code could get ugly. But one option, a tax aimed at boosting savings, holds promise.
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Got winners? Got losers? Now's the time to consider matching them up to save a tax dollar or two.
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Where there&#39;s a will there&#39;s a way, the old saying goes, but when it comes to ducking taxes it&#39;s more like, where there&#39;s a way someone will.
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In addition to doing good, your donation can also nab you some tax benefits.
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Washington taxpayers will be able to deduct their state sales taxes from their federal income taxes if the US Senate votes this weekend to approve a major tax overhaul.
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Taxpayers making donations this month to aid the victims of the Indian Ocean tsunami will be able to claim deductions on their 2004 tax returns under legislation passed by Congress Thursday.
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By Pat Kimbrough, High Point Enterprise, N.C.  Dec. 9--HIGH POINT -- It isn't just retailers that benefit from the  consumer spending bonanza during the holiday season.
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A new tax break could make some homeowners even happier.
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Floridians will be able to deduct state sales tax payments from their federal income tax returns for the next two years, under one part of a wide-ranging bill the US Senate passed today.
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Forget the lore of Bugsy Siegel and the frolics of Paris Hilton. Nevada &#151; long the wild child of American culture &#151; is being repackaged as utterly ordinary. With its new, early presidential caucus next January, the state is attempting to lure presidential candidates to unfamiliar terrain. And state Democratic Party leaders are banking that the best way to do that is to emphasize strip malls over the Strip.
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SOMERVILLE -- As many as 100,000 Massachusetts homeowners would receive up to $870 a year in tax relief under a plan unveiled by Governor Deval Patrick yesterday that relies on the state's corporate community to foot the bill.
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Congress gave final approval Monday to legislation that could save Washington residents roughly $500 annually on their federal tax returns by making state sales taxes deductible again after 18 years.
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AS THE Legislature and Governor Deval Patrick gear up for what is likely to be a heated budget battle, much of the focus will be on closing corporate tax "loopholes." They hope to find middle ground through an appointed commission that will study the state's corporate tax code. As the debate continues, they should also take a look at funding ...
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Once the bluster has settled down on Capitol Hill, millions of taxpayers will likely be getting a tax rebate later this year.
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Many of the D.C. businesses that would be taxed to help pay for a new baseball stadium said Thursday that they support the preliminary details of the proposal.
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It may sound like a great gift to receive. But it has tax implications.