Content Tagged As income

2 years 11 months ago

Obama says nation needs 'Buffett Rule'

WASHINGTON (AP) - President Barack Obama says the nation can't afford to keep giving tax cuts to the wealthiest Americans "who don't need them and didn't even ask for them." Obama is using his weekly radio and Internet address to urge Americans to ask their member of Congress to support...

3 years 11 months ago

Douglas Bruce indicted

A statewide Grand Jury has indicted Douglas Bruce for failing to pay income taxes on income earned in 2005, 2006, and 2007. The four-count indictment was announced this afternoon by the Colorado Attorney General's Office. Bruce is suspected of attempting to evade his tax responsibilities by funneling...

4 years 3 months ago

Salvation Army hosts toy giveaways in Pueblo

The Salvation of Army of Pueblo is counting its blessings. Last week, they were desperate for toy and clothing donations--worried they wouldn't be able to help the 2,200 local children in need of help this Christmas. But they got so many donations, they're holding a free gift giveaway tomorrow--Dec. 22....

4 years 3 months ago

IRS steps up audits

WASHINGTON (AP) - The Internal Revenue Service is making it riskier to cheat on your taxes. The tax agency increased the number of returns it audited by nearly 11 percent this year. Statistics released Wednesday show that wealthy taxpayers were most likely to be targeted. In all, the IRS...

4 years 7 months ago

Consumer spending and personal incomes both weak

The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economy slowed significantly in the spring. The Commerce Department say personal spending was unchanged in June, the third straight month of lackluster consumer demand. Incomes were flat as well, the weakest...

5 years 3 weeks ago

Spending rises, but income growth slows

Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile...

5 years 1 month ago

Free tax services available in Pueblo

Starting Wednesday there's free tax help in Pueblo for low income households. Households making less than $49,000 per year may qualify for free income tax e-filing. VITA (Volunteer Income Tax Assistance) is providing free tax services February 3 through April 15. IRS certified volunteers will be available at six locations...

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