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income

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7 Deductions That Lower Your Taxable Income

Most folks looking for tax deductions focus on things like mortgage interest, real estate taxes and charitable donations. But tax rule changes that applied in 2013 made them less valuable in cutting taxes for an increasing number of taxpayers.

04/09/2014

NC Senate To Take Up Tax Overhaul Plan Next Week

The North Carolina Senate plans to consider tax overhaul legislation next week with or without a final compromise in hand with fellow Republicans in the House.

06/29/2013

File photo of doctor. (Photo by Joe Raedle/Getty Images)

Could Enforcing Obamacare Result In A Negative Medicaid ‘Ripple Effect’?

If President Barack Obama is re-elected, the Patient Protection and Affordable Care Act will stay, with much of the legislation therein taking effect by January of 2014. According to some experts, the results could be catastrophic for the nation’s Medicaid program – and the health of the American populace.

10/17/2012

Republican presidential candidate Mitt Romney greets supporters during a campaign rally at Ross County Courthouse on Aug. 14, 2012 in Chillicothe, Ohio. (credit: Justin Sullivan/Getty Images)

Romney: ‘I’ve Paid At Least 13 Percent’ In Taxes Every Year

Mitt Romney says he’s never paid less than 13 percent of his income in taxes during the past decade.

08/16/2012