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Legal > Taxable Income
The following information is about Taxable Income.
Taxable Income Defined
The income against which tax rates are applied to compute tax paid; gross income of businesses or adjusted gross income of individuals less deductions and exemptions.
This definition is in context to Legal. See more contextual defintions for Taxable Income.
Personal Finance: State singes Madoff victims
Published July 5, 2009, 12:13 am, The Sacramento Bee
When Wall Street financier Bernard Madoff was carted off to prison in disgrace last week, he left behind thousands of investors in financial ruin. His estimated $65 billion global Ponzi scheme – which the court called "extraordinarily evil" – robbed individuals, banks, universities, even charities.
On Investing: Build America Bonds
Published July 4, 2009, 10:53 pm, Shenandoah Valley News
Equities are like foods full of exotic flavors. Bonds and fixed income securities are like plain vanilla. Right?
Tax shelters leaving investors out in the storm
Published July 4, 2009, 9:36 pm, National Post
Tax-shelter season may be months away, but a series of ongoing battles are surfacing based on prior years’ tax shelters gone awry
Toronto law firm files a petition for a class-action lawsuit against Expedia
Published July 4, 2009, 9:35 pm, National Post
A Toronto law firm has filed a petition for a class-action lawsuit against online travel company Expedia.ca, alleging the website overcharged its customers.
Foreclosure: A sign of the times
Published July 3, 2009, 12:27 pm, The Union Democrat
For people in the worst economic shape of their lives — facing foreclosure and forcible removal from their homes — real estate agent Diana Foyil has an unusual offer: Get out, and I’ll give you hundreds, if not thousands, of dollars. It’s not a gimmick.
Air Canada, union to explore next steps Friday
Published July 3, 2009, 3:58 am, National Post
The 3,800 Air Canada machinists and maintenance mechanics of a Montreal union local were largely responsible for the thumbs-down Wednesday on a tentative deal reached by their national bargaining committee, a nay vote fed by fear of losing their jobs to outsourcing.
Ten others face charges in Madoff fraud
Published July 3, 2009, 3:51 am, National Post
U.S. investigators believe 10 or more people associated with imprisoned swindler Bernard Madoff could be criminally charged in the coming months or beyond, a law enforcement source said on Tuesday.
N.J. Lottery goes from zero to highest tax rate in the USA
Published July 3, 2009, 3:43 am, Lottery Post
Local Mega Millions winner calls it "Pathetic money grab", as feel-good story about workers' winning jackpot is transformed into an example of oppressive government that finds it easier to take from a few lucky winners than to stop wasteful government handouts and spending.
Some golden tax-saving tips
Published July 2, 2009, 10:46 pm, rediff.com
In an hour-long chat on rediff.com on Thursday, direct tax expert Vikas M Gandhi offered some valuable tax-saving tips.
Kulongoski says he isn't playing delay game on tax bills to prevent referendum
Published July 2, 2009, 5:17 pm, The Oregonian
Gov. Ted Kulongoski, rebutting critics who said he is waiting to sign two tax measures to hinder efforts to refer them to the ballot, said through his spokeswoman Thursday that he will sign them into law in the next week...
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