Miele’s Musings: Presidential Double-crossing

Miele’s Musings: Presidential Double-crossing

Below are the federal income tax rates that went into effect under Franklin Delano Roosevelt in 1932, and remained in place for over 30 years. Roosevelt’s tax rates kept America in the Depression until he got us into World War II. He knew the Japanese were planning to attack Pearl Harbor, but did not even […]

Taxable or Non-Taxable Income?

IRS Tax Tip 2012-25 Although most income you receive is taxable and must be reported on your federal income tax return, there are some instances when income may not be taxable. The IRS offers the following list of items that do not have to be included as taxable income: Adoption expense reimbursements for qualifying expenses […]