Latest Adjusted Gross Income Stories

RIVERWOODS, Ill., March 14, 2013 /PRNewswire/ -- The best part of working on a tax return is finding out how much you'll get back in a refund. Many taxpayers already count on popular deductions, such as dependents and mortgage interest, but may be forgetting some others that can also generate more tax breaks. CCH, a Wolters Kluwer business and a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com), takes a look at a few tax deductions...

THOUSAND OAKS, Calif., Jan. 23, 2013 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced financial results for the fourth quarter and full year of 2012. Key results include: For the full year, total revenues increased 11 percent to $17,265 million, with 9 percent product sales growth driven by strong performance across the portfolio. Adjusted EPS grew 22 percent to $6.51 due to 15 percent adjusted operating income growth and lower shares outstanding. For the fourth quarter,...

THOUSAND OAKS, Calif., Oct. 23, 2012 /PRNewswire/ -- Amgen (NASDAQ: AMGN) today announced financial results for the third quarter of 2012. Key results for the quarter include: Total revenues increased 10 percent to $4,319 million, with 8 percent product sales growth driven by strong performance across the portfolio. Adjusted EPS grew 19 percent to $1.67 due to 14 percent adjusted operating income growth and lower shares outstanding. Adjusted net income increased 2 percent...

WASHINGTON, Oct. 3, 2012 /PRNewswire-USNewswire/ -- On Tuesday, Vice President Joe Biden said the middle class has ''been buried the last four years.'' Taxpayers agree. The following are the top five tax increases on the middle class signed into law by the Obama-Biden administration: 1. The Obamacare Individual Mandate Non-Compliance Tax: Starting in 2014, anyone not buying "qualifying" health insurance - as defined by President Obama's Department of Health and Human Services --...

THOUSAND OAKS, Calif., July 26, 2012 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced financial results for the second quarter of 2012. Key results for the quarter include: Total revenues increased 13 percent to $4,477 million, with 8 percent product sales growth driven by strong performance across the portfolio. Amgen modified its agreement with Takeda to grant exclusive worldwide development rights for motesanib, recognizing income of $206 million in other revenues....

The following are five steps to help maximize your medical expense tax deductions. (PRWEB) May 25, 2012 (1) General Rule for Medical Expense Tax Deduction Tax filers are able to deduct the amount of medical expenses in excess of 7.5% of Adjusted Gross Income (AGI). To quickly calculate the minimum amount of medical expenses that you need to have incurred in order to qualify for the deduction, take your AGI and multiply it by 0.075. Example: If your AGI was $60,000, [60,000*0.075 =...

--With his signature on Obamacare, President's "firm pledge" against "any form of tax increase" on Americans making less than $250,000 was broken two years ago today-- WASHINGTON, March 23, 2012 /PRNewswire-USNewswire/ -- The following release is being issued by Americans for Tax Reform: President Barack Obama's central campaign promise - a "firm pledge" against "any form of tax increase" on families making less than $250,000 per year - was broken two years ago today when he...

WASHINGTON, Jan. 14, 2011 /PRNewswire/ -- The Free File Alliance, a coalition of industry-leading tax software companies partnered with the Internal Revenue Service, today announced the launch of the 2011 IRS Free File program. Since its inception in 2003, IRS Free File has offered low-to-moderate income taxpayers free access to leading commercial tax preparation software. This year, every taxpayer with a 2010 Adjusted Gross Income of $58,000 or less may visit www.IRS.gov to prepare,...

SACRAMENTO, Calif., Dec. 29, 2010 /PRNewswire-USNewswire/ -- Recent changes in the law require the IRS to reprogram its processing systems for three provisions that were extended in the Tax Relief, Unemployment Reauthorization and Job Creation Act of 2010 that became law on December 17. (Logo: http://photos.prnewswire.com/prnh/20101220/DC20267LOGO) Taxpayers claiming any of the following three items will need to wait to file their tax returns until tax processing systems are ready, which...

POUGHKEEPSIE, N.Y., June 2 /PRNewswire-FirstCall/ -- The simple truth about taxes is: the more you plan, the less you pay. That's the key message Gilman Ciocia, Inc. (OTC Bulletin Board: GTAX), a leading provider of tax and financial planning services is conveying to taxpayers as the mid-way point of 2010 nears. There are perks and some significant tax law changes which may be useful when mapping out tax planning strategies. Here are a few things which may help you to keep more of your...