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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: tax returns

tax returns stories: 13 news summaries

 Obamas File $2.7M Tax Return 

It's a big pay cut from the year prior

Apr 15, 09 4:55 PM CDT
(Newser) - With the country finishing up its taxes, the Obamas divulged their household income today, revealing a combined income of $2.7 million last year—significantly less than 2007’s $4.2 million. Most of it came from the president’s books, which raked in a combined $2.5 million. The... More »

MORE ABOUT:
Joe Biden • taxes • salary • tax returns • President Obama • Obama family

 Daschle Faces 
 Grilling on 
 Charity Gifts,
 Apologizes 
 on Taxes 


Releases letter of apology to lawmakers for tax mistakes

Feb 2, 09 7:33 AM CST
(Newser) - Already beset with questions about his failure to pay taxes, Tom Daschle will likely also face questions today over whether he received improper gifts from charities, the Wall Street Journal reports. President Obama's nominee for health secretary is reported to have flown with an education charity to a Bahamas retreat... More »

MORE ABOUT:
Health and Human Services • taxes • charity • apology • health secretary • gift • Tom Daschle • tax returns • Obama administration • letter

Daschle Waited to Tell Obama About Tax Glitch

HHS nominee knew his taxes needed fixing; didn't know how much

Feb 1, 09 11:04 AM CST
(Newser) - Health secretary-designate Tom Daschle didn’t tell the Obama administration that he owed years of back taxes until a month after he’d been nominated, the Washington Post reports. He paid $140,000 in taxes January 2 and told government leaders about it two days later. He had known his... More »

MORE ABOUT:
Health and Human Services • taxes • lobbyist • Tom Daschle • tax returns • Obama administration • President Obama

Palin's Tax Returns Raise Questions

Experts query travel payments, other reimbursements

Oct 4, 08 6:56 AM CDT
(Newser) - Sarah Palin's tax returns, released yesterday, show her to be the least wealthy of the presidential candidates, the Wall Street Journal reports, and the governor herself to be the family's main breadwinner. The Palins reported a combined income of $166,000 in 2007, up from $128,000 in 2006. Todd... More »

MORE ABOUT:
Alaska • tax returns • Election 2008 • Sarah Palin • Wasilla • Todd Palin • per diems

McCain Made $259K in ’07

Senator donated
$105K to charity; heiress wife's tax returns not released

Apr 18, 08 2:55 PM CDT
(Newser) - John McCain reported $259,000 in 2007 taxable income and $215,304 in 2006, the AP reports. The figures—modest in comparison to the Obama and Clinton tax returns—don’t include the income of his wife, Cindy, whose wealth has been estimated at $100 million. The presumptive Republican nominee... More »

MORE ABOUT:
Barack Obama • Hillary Clinton • John McCain • charity • Cindy McCain • tax returns

 Obama Earns $3.9M in Royalties 

His book sales continue to soar

Apr 16, 08 10:08 PM CDT
(Newser) - Barack and Michelle Obama earned $4.2 million last year, mostly from royalties from Obama's two books, Dreams From My Father and the Audacity of Hope. The Obamas' newly released returns for 2007 show they paid $1.4 million in federal taxes and gave $240,370 to charity, USA ... More »

MORE ABOUT:
Barack Obama • Hillary Clinton • IRS • Michelle Obama • Bill Clinton • royalties • book • federal income tax • tax returns

 Top 10 Beers for a Tax(ing) Day 

Best brews to drown post-tax woes

Apr 15, 08 1:10 PM CDT
(Newser) - What better time to drown your woes in beer than tax day? Whether you're mourning the death of your bank account or dropping some of that refund, SF Weekly put its spin on Draft magazine's top booze for the occasion:
  1. Abita Turbodog tastes far better than TurboTax
  2. Nothing's more
... More »

MORE ABOUT:
taxes • beer • list • federal income tax • tax returns • Sam Adams

Tax Day

TurboTax Tries to Avoid '07 Filing Nightmare

No error messages this time around,
Intuit promises

Apr 15, 08 9:19 AM CDT
(Newser) - It’s April 15 again, and perhaps nobody has their fingers crossed quite like Intuit software. A year ago 170,000 people rushed to file last-minute tax returns online through TurboTax… only to get an error message, delaying their filings for up to 13 hours. This year, Intuit’s done... More »

MORE ABOUT:
taxes • IRS • software • banking • tax returns • TurboTax • Intuit

Cheney Makes Way More
Than His Boss

VP's family rakes in $3M, while Bushes earn less than $1M

Apr 12, 08 12:37 PM CDT
(Newser) - Dick Cheney may report to George Bush, but he out-earned the president threefold last year, according to tax returns released yesterday. The first couple paid $221,635 in taxes on the $923,807 they made in 2007, ABC reports, while the Cheneys paid  $602,651 on their $3,042,767—... More »

MORE ABOUT:
Dick Cheney • income tax • Jenna Bush • Laura Bush • Lynne Cheney • Alternative Minimum Tax • tax returns • George W. Bush

 Clintons Made $109M Since 2000 

7 years of returns show Bill was bigger earner; couple paid $33M in taxes

Apr 4, 08 5:55 PM CDT
(Newser) - Of the $109 million the Clintons pulled in the past seven years, Bill pulled in the lion’s share: That’s the news in tax files released today, Ben Smith reports on Politico. The long-awaited documents reveal that, with Bill bringing in $80 million from books and speeches, the couple... More »

MORE ABOUT:
Barack Obama • Hillary Clinton • John McCain • personal finance • Bill Clinton • tax returns • Election 2008

Clinton, McCain Tax Returns Remain a Mystery

Experts wonder what's lurking in records

Mar 18, 08 1:29 PM CDT
(Newser) - As Hillary Clinton and John McCain continue to sit on their tax returns—both candidates have promised to make them public next month—watchers wonder what’s hiding in their file cabinets. Clinton draws particular interest because she and Bill Clinton have seen their wealth balloon from $1.2 million... More »

MORE ABOUT:
Barack Obama • Hillary Clinton • John McCain • tax returns • Anheuser-Busch • personal wealth • wealthy legislators

Clinton: No Nomination, No Tax Returns

Obama campaign
blasts Hillary as
not 'fully vetted'

Feb 9, 08 9:01 AM CST
(Newser) - Hillary Clinton’s campaign said yesterday that it will not release the Democratic candidate’s tax returns unless she wins the party’s nod, the Swamp reports. Obama’s campaign attacked Clinton for the move. "Why should Democratic voters have to wait until after the primary campaign is over... More »

MORE ABOUT:
Barack Obama • Hillary Clinton • Chicago • campaign finance • Tony Rezko • tax returns

Wesley Snipes Escapes Fraud Charges, But...

Actor faces up to 3 years for failing to
file tax returns

Feb 1, 08 8:05 PM CST
(Newser) - Wesley Snipes is off the hook for tax fraud—but a federal jury in Florida today convicted him on 3 counts of failing to file returns, the Los Angeles Times reports. For the misdemeanors, the actor faces up to 3 years in prison, but he escaped a possible 13 more.... More »

MORE ABOUT:
Hollywood • celebrity • tax fraud • Wesley Snipes • tax returns

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