Income Tax

 Why a Minimum Wage Hike is a Bad Idea

February 10, 2014 

Why a Minimum Wage Hike is a Bad Idea

The President of the United States, our champion of income equality, has once again called on Congress to raise the minimum wage from its present level of $7.25 per hour up to $10.10 per hour, a salary increase of just under 39 percent.

Dave McClure

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February 5, 2014 

Debunking Common Income Tax Myths

It's tax time, and that means busy days for many tax professionals, and many errors and mistakes by individuals who choose to prepare their own taxes.

W-21

February 5, 2014 

5 Tips to Keep More of Your Paycheck

Millions of American workers have received their W-2s (or will receive them soon, since January 31 was the deadline to send them), and they are the primary income reporting tool for most 1040 filers. They can be received in person, electronically or by mail. In addition to taxes, the W-2 also is used to determine…

 Treasury Dept. Urges Congress to Raise Debt Limit

February 4, 2014 

Treasury Dept. Urges Congress to Raise Debt Limit

Treasury Secretary Jacob J. Lew on Monday pressured Congress to raise the debt limit well before an end-of-the month deadline, warning that lawmakers risked derailing a potential "breakthrough year for our economy" if they don't act quickly.

 Unlicensed Milwaukee Tax Preparer Charged for $1 Million Fraud

February 4, 2014 

Unlicensed Milwaukee Tax Preparer Charged for $1 Million Fraud

A Milwaukee tax preparation service filed thousands of returns based on phony claims of self-employment that generated as much as $1 million in undeserved refunds, according to the results of an undercover IRS investigation launched in 2011.