Bank of America & Wells Fargo to Pay Zero 2009 Federal Income Tax

Bank of America, Wells Fargo Probably Won’t Pay Income Tax for 2009 (Charlotte Observer):This tax season will be kind to Bank of America and Wells Fargo: It appears that neither bank will have to pay federal income taxes for 2009.Bank of America probably won’t pay federal taxes because it lost money in the U.S. [...] continue reading world news